The business disruption and cost of employee injuries on a business are well known, if understated. Not only is it important to promote a strong safety culture and help protect employees from injury, it is also just as important to have best practices in place when an injury does occur so that you can respond… Read more »
Reporting all workers’ compensation claims promptly is a critical component to controlling workers’ compensation claim costs. Failure to report an employee’s claim promptly can have financial implications and can damage employee morale. It is also required by many states and by OSHA in some situations. Workers’ compensation claims can be reported late due to inaction… Read more »
According to the US Bureau of Labor Statistics, from 2006 to 2016 workers aged 55 to 64 are expected to climb by 37% and the number of workers over age 65 is predicted to soar by more than 80%. In contrast, the total labor force is projected to only increase by 8.5% during this same time… Read more »
Workers’ compensation continues to dominate legislative deliberations in most states. Whether the issues are the skyrocketing abuse of opioids by workers’ compensation claimants or the continuing efforts of states to address worker misclassification, one person in center stage of these deliberations is Vermont Representative Bill Botzow. Since 2012, Botzow has served as chair of the National… Read more »
The New Hampshire Second Injury Fund (NHSIF) was established in 1975 as a mechanism to promote the hiring of individuals with pre-existing conditions, injuries or disabilities. The NHSIF provides employers and their insurance carriers with limited liability for subsequent injuries that are sustained by such individuals in the course & scope of employment by reimbursing the insurers… Read more »
Every commercial policy I’ve ever read has an insurance condition requiring that an insured notify their insurer of a claim in a timely fashion. For example, a typical Commercial General Liability policy includes a Condition which states that an insured “must see to it that [its insurer is] notified as soon as practicable of an ‘occurrence’ or an… Read more »
As a farmer, you have a lot of concerns: weather; financing; crop yield; commodity prices; regulation; and the list goes on. Have you ever spent time thinking about your legal liabilities because you hire employees? Simply stated, a farmer can sometimes be held liable for damages to third parties as a result of negligent actions… Read more »
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 »
Even If There Is No Change in Your Losses The National Council on Compensation Insurance (NCCI) (www.ncci.com) 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 »
Today’s guest post is brought to you by Alyssa DellaCamera from Eaton & Berube Insurance Agency, an independent insurance agency located in New Hampshire. Learn about the common threats in business that a small business faces and strategies to manage them. As many small business owners understand, owning your own company offers many rewards, but with… Read more »
