Social Inflation: A Concerning – and Costly – Trend

Posted by & filed under Laws & Regulations, Uncategorized.

What is Social Inflation? Social inflation generally refers to the rising costs of insurance claims that are a result of societal trends and views toward increased litigation, broader contract interpretations, plaintiff friendly legal decisions, and larger jury awards. What is causing social inflation? There are four major factors that are driving social inflation in the… Read more »

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Pollution! Does your Insurance Protect You?

Posted by & filed under Laws & Regulations, Property.

If you release contaminants at your business premises or work sites that affect the environment, will your insurance respond? How can this happen?  It depends on what your business is, but all of us use or generate potential pollutants.  Any of the following could cause pollution: Sewerage and waste water if pipes and septic systems are… Read more »

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A Subcontractor Often Overlooked

Posted by & filed under General Liability, Laws & Regulations.

Over the years, contractors have grown accustomed to managing those with whom they contract out work.  They have learned to help protect themselves and their business by following good risk management practices, including interviewing, background checks and having contractual controls when hiring subcontractors. However, this has not always been the case in the area of… Read more »

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OSHA 300A: A Poster or a Performance Benchmark?

Posted by & filed under Laws & Regulations, Safety, Workers Compensation.

OSHA 300A: A Poster or a Performance Benchmark? A quick reminder: February 1st was the deadline to post your annual OSHA 300A form, and it must remain posted through April 30th. Employers with more than ten employees and whose establishments are not classified as a partially exempt industry must record work-related injuries and illnesses using OSHA Forms: It’s now… Read more »

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Your Workers’ Compensation Experience Modification Will Likely Change in 2013

Posted by & filed under Laws & Regulations, Workers Compensation.

Even If There Is No Change in Your Losses The National Council on Compensation Insurance (NCCI) ( calculates the Experience Rating Modifications (ERMs) for all but six states (CA, DE, MA, NJ, NY, PA) and calculates all interstate ERMs.  In 2013, there is a change in the way ERMs are calculated that may affect you.  In simple… Read more »

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Touchdown for Trucker Safety

Posted by & filed under Automobile, Laws & Regulations, Vehicles & Equipment.

Compliance, Safety and Accountability – or, “CSA 2010”.  When this regulation first rolled out to the trucking world (albeit in 2011), I found many of my trucking clients did not understand it, nor were hurrying to grasp its importance.  Everyone knew about and understood the safestats, which was the previous way the Federal Motor Carrier… Read more »

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Be A Peacemaker, Not A Litigation Maker

Posted by & filed under Laws & Regulations.

Abraham Lincoln, our country’s famous homespun philosopher, lawyer and President, once wrote, “Discourage litigation.  Persuade your neighbors to compromise whenever you can.  As a peacemaker, the lawyer has superior opportunity of being a good man.  There will still be business enough.”  These may seem like unexpected words coming from someone paid to initiate lawsuits, but… Read more »

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