risk management

October 17, 2024

Best Practices for Safety Committees

A safety committee is crucial for creating and maintaining a safe workplace culture. These committees bring together employees, management and safety professionals to proactively address workplace hazards. There are several organizational benefits to implementing a safety committee. They can provide a safer work environment, increase employee morale, lower workers’ compensation premiums by improving incident rates...

October 15, 2024

OSHA Announces Top 10 Violations for 2024

OSHA recently revealed its top 10 most frequently cited standards in the 2024 fiscal year using preliminary data. This information is valuable for businesses of all kinds, as it helps them identify common exposures that affect their workforce and gives them the information they need to plan their compliance programs. For 2024, the top 10...

October 10, 2024

Commercial P&C Rates Up 3.8% in Q3, but Q4 Could See Hurricane Effects

The U.S. property and casualty insurance market saw rates rise an average of 3.8% for commercial lines and 6.75% for personal lines in the third quarter, according to the latest data from MarketScout. The average increases for Q3 are down from 4.36% for commercial lines and 7.6% for personal lines in the second quarter. The...

October 3, 2024

Navigating Cybersecurity Challenges in the Construction Industry

The construction industry is continuously moving toward digitization, adopting advanced technology such as artificial intelligence, the Internet of Things (IoT) and Building Information Modeling software. These innovations help to automate tasks, reduce waste and improve efficiency, productivity and safety. However, this shift also brings significant cybersecurity risks. As construction companies increasingly rely on digital tools...

October 1, 2024

Hurricane Helene Brings Catastrophic Flooding and Damage to Multiple States

After making landfall as a Category 4 storm in Florida’s Big Bend region, Hurricane Helene sped inland with a path of devastation, bringing historic flooding, millions of power outages and causing more than 90 deaths in multiple states. Coming ashore as the strongest hurricane on record to hit the Big Bend region of Florida, Helene...

September 26, 2024

Proposed OSHA Heat Injury and Illness Prevention Standard

OSHA recently published a Notice of Proposed Rulemaking in the Federal Register regarding heat injury and illness prevention. If finalized, the new standard would apply to all employers conducting indoor and outdoor work in all general industry, construction, maritime and agricultural sectors where OSHA has jurisdiction, subject to limited exceptions. It would also be the...

September 24, 2024

Preventing Age Discrimination in the Workplace

Age discrimination, or ageism, in the workplace involves treating an applicant or employee unfavorably because of their age. The Age Discrimination in Employment Act (ADEA) prohibits age discrimination against those aged 40 or older in all aspects of employment, including hiring, firing, pay, job assignments, promotions, layoffs, training and benefits. Some states also have laws...

September 16, 2024

Ensuring Proper Workplace Ergonomics

October is recognized as National Ergonomics Month. According to the Centers for Disease Control and Prevention (CDC), the purpose of this yearly initiative is to raise awareness of and help reduce occupational injuries caused by poor workstation design. Ergonomics is the science of fitting a workspace to an individual’s needs to increase efficiency while reducing...

September 11, 2024

Preparing for the Fall and Winter Virus Season

During the fall and winter months, respiratory viruses tend to spread more widely. Before the COVID-19 pandemic, influenza (flu) and respiratory syncytial virus (RSV) were the main causes of severe respiratory disease during these times of year. Although some people have mild symptoms when they catch the flu or RSV, others get sick enough to...

August 29, 2024

Stopping Jobsite Theft

Construction businesses are at a heightened risk of jobsite theft, as expensive tools and machinery are attractive targets for criminals. Theft of construction materials can substantially disrupt a project, leading to delays and significant financial losses; therefore, it is essential for companies to understand how to prevent these incidents. Although every jobsite has its own...