OSHA’s National Emphasis Program on COVID-19

Denise GillinNews, Risk Management

By AP Senior Living National Emphasis Programs (NEPs) have been used relatively sparingly in recent years, the last being focused on limiting workers exposure to silica, approximately a year ago. These seemingly have been reserved for exposures typically found in heavy industrial or manufacturing type risks. The most recent NEP, titled “Coronavirus Disease 2019,” was implemented by Executive Order by President Biden, which became effective March 12, 2021, and is scheduled to run one year. This NEP, in contrast to others, will have far reaching implications to almost every industry in the country. OSHA is prioritizing industries who they perceive are most at risk. Not surprisingly, Residential Care Facilities are at the top of that list. This NEP is a combination of targeted inspections, outreach …

Top Five FAQs Regarding P&C Captives

Denise GillinAlternative Risk, Captives, Risk Management

By Denise Gillin for AssuredPartners Why would an organization want to join a captive? That’s a great question, and the answer starts with understanding alternative risk management strategies outside those provided by traditional insurance programs. In simple terms, captives are member-owned insurance companies operating for the members’ benefit. For business owners who want greater control over their casualty insurance program, a captive can be a good option. It involves sharing risks with others, blending services and expenses through a custom-built program that is best for each member as well as the group. The top five frequently asked questions regarding captive membership are a good place to start exploring the possibilities of captive membership together. Tell me more>>>

Common Construction Risks and How to Manage Them

Denise GillinBusiness Insurance, Construction, Risk Management

By Sarah Licata for AssuredPartners Managing projects in the construction industry means managing risk. Every step in a project from before it has even started until after it has been completed can leave you open to potential risks. These are a few of the most common construction risks: Safety Job Site Security Project Steps you can take to mitigate potential loss>>>

Incident Track & The Risk Management Center

Denise GillinBusiness Insurance, Senior Living

By Tara Crisp for AssuredPartners One of an employer’s most tedious tasks is tracking incidents and compiling reports on those incidents.  What incidents are you trying to track? Where do you put them all? How do I know if I have a trend? Do I really have to sort through all of my incident reports or loss runs at the end of the year to generate my OSHA 300 logs? Utilizing AssuredPartners Incident Track within the Risk Management Center (RMC) may be your answer to these questions and more. Tell me more>>>

Construction Delays and Limiting Policy Language Impact Policyholders’ Recovery

Denise GillinConstruction, Risk Management

By Maureen Gallagher for AssuredPartners Many property policies contain contractual limitation provisions. These policy provisions are valid and enforceable in most states. The provision limiting the amount of time policyholders have to complete the work paid for by their insurance company to one year is particularly problematic. When policy provisions like this exist, if the repair or replacement has not been completed within the time frame, the carrier only pays actual cash value (ACV). This is a fairly common provision. It should be noted that Ordinance and Law Increased Cost of Construction provision also has a time limitation to repair or replace, or there is no coverage for the increased cost of construction. Standard ISO language is two years, and other …

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Nine Critical Commercial Property Risks to Watch

Denise GillinBusiness Insurance, Risk Management

By R&I Editorial Team for Risk & Insurance From hurricane season to protests on the street, these are the major property risks of note for businesses of all sizes. Aging Infrastructure Extreme Weather Power Grid Failure Flooding Inflation Valuation Accuracy Protests and Civil Unrest Water Damage Supply Chain Disruption Click for details>>>  

Avoiding Pitfalls in Planning a Return-To-Work Process

Denise GillinBusiness Insurance, Risk Management

By Tara Crisp for AssuredPartners Return-to-work (RTW) is a complex process and understanding it is a valuable tool in an employer’s belt. The process assists the employer with showing employees how they are valued by planning for alternative solutions that will benefit the injured worker financially and psychologically. Thoughtfully executed RTW programs will plan for worst-case scenarios that provide resources for managers to utilize while meeting the needs of the most restricted worker. Return to work programs are one of the few tools that employers have to manage their experience modification factor. For employers that rely on their experience modification factor to secure and maintain contracts, this pre-planning can be invaluable. If you work in an experience rate adjustment state …

National Antique Day and Insuring Your Classic Car

Nina ConnerPersonal Lines

By Ally Over, AssuredPartners   On Saturday, April 9th, antique owners receive the spotlight as it is National Cherish an Antique Day. This day celebrates the history of antiques and the value they carry to each owner. Regardless of the antique you own, it is important to have proper coverage for it, especially if it is a classic car. While there isn’t necessarily a clear-cut definition as to what constitutes a classic car, automobiles that generally need classic car insurance are: See the list here>>