Risk Management

March 15, 2021

Perspectives: Companies Increasingly Turn to Captives as Employee Benefits Evolve Due to COVID-19

COVID-19 has been the biggest disruptor in the health care sector in years, catapulting change in the delivery of care and putting greater focus on the emotional and financial well-being of employees as part of a broader business resiliency effort. To manage this more expansive set of benefits, companies are increasingly turning to captives for...

February 18, 2021

Maintaining Effective Sprinkler Heads

Sprinkler heads are largely responsible for detecting the presence of a fire at your commercial property and activating the sprinkler system’s water dispersal capabilities—thus suppressing the flames and mitigating damage. Data from the National Fire Protection Association (NFPA) suggests that effective sprinkler systems can reduce total deaths and property loss from fire incidents by over...

February 16, 2021

Employers Concerned About Mental Health, Stress Impact on Safety

More than 90% of employers are concerned about mental health and chronic stress impacting their workers’ fitness for duty, according to the results of a survey released Monday by the National Safety Council. The Itasca, Illinois-based council surveyed employers about workplace impairment in 2020, finding that 93% of employers believe that fitness for duty extends...

February 1, 2021

OSHA Issues New Prevention Guidance on COVID-19 in the Workplace

On Jan. 29, 2021, the Occupational Safety and Health Administration (OSHA) issued guidance on mitigating and preventing the spread of COVID-19 in the workplace. The guidance is intended to inform employers and workers in settings outside of health care of the risks of being exposed to or contracting COVID-19 at work. This guidance is meant...

January 28, 2021

Most Costly OSHA Violations for the Construction Industry

The Occupational Safety and Health Administration (OSHA) keeps records not only of the most frequently cited standards overall, but also within particular industries. An analysis of the most recent statistics from OSHA reveals the top standards cited in the fiscal year 2020 for the construction industry (NAICS 23). Many of these recurring violations are associated...

January 26, 2021

CDC Provides Guidance on Ventilation in Buildings

Recently, the Centers for Disease Control and Prevention (CDC) launched a webpage providing guidance on ventilation in buildings to reduce COVID-19 exposure indoors. The CDC provides recommendations on what heating, ventilation and air conditioning (HVAC) strategies employers should use to lower the risk of exposure to COVID-19 throughout the workplace. One of the recommendations is...

December 14, 2020

Workers’ Compensation Trends to Watch in 2021

Not only is workers’ compensation coverage required in most states, but it also plays a major role in connecting injured employees to the care they need to return to work as quickly and safely as possible. That’s why it’s crucial for your organization to develop an effective workers’ compensation program. To ensure a successful program,...

October 22, 2020

What Property Managers Need to Know About Cyber Security

  Over the last decade, the way commercial office buildings operate has become more sophisticated and streamlined with new advances in technology. From building connectivity to HVAC systems to keyless entry—tech and smart tech has made its way into nearly every facet of how a building operates. But as the technology has become more advanced...

October 20, 2020

Improving Safety and Compliance Risk Management in Construction

  By relying on effective technology and expertise to ensure contractors and vendors are qualified and compliant with company and industry-specific policies, rental companies can better manage evolving risks to create stronger, safer businesses. From the U.S. Department of Labor’s OSHA guidelines and regulations to best practices and specifications published by the American National Standards...

October 15, 2020

Catastrophic Workers’ Comp Claims During the Pandemic

  The COVID-19 pandemic surprised all of us in January 2020, with its speed of viral infection transmission causing high mortality and morbidity among those afflicted in the United States. This newly formed mutant coronavirus, now known as Severe Acute Respiratory Syndrome Coronavirus 2 or SARS-CoV-2, took the world by storm and many in this...