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November 16, 2011
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Communication-Key To Injury Management

Communication- It Can Help You Lower Work Comp Costs As simple as it appears that simple word is a major barrier when it comes to workers’ compensation claims. However, if your employees and supervisors don’t know what is expected of them when an injury occurs you are likely paying more than you should for your workers’ compensation coverage. While employers spend money on loss control efforts, incentive programs and safety programs they often fail in one of the key areas to help control workers’ compensation costs. Yes, it is important to focus on injury prevention but that isn’t enough. There are two more areas that employers need to focus on, managing the injury and managing the return-to-work process. Injury reporting is a key factor in shaping the outcome of an employee injury. The sooner an injury is reported, the sooner medical assessment can be made available, and the sooner an employee is on the right track to recovery. It has […]
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November 9, 2011
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Contractual Risk Transfer Recommendations

CONTRACTUAL RISK TRANSFER RECOMMENDATIONS The following checklist suggests some approaches for minimizing friction between contracting parties (or the possibility of unknown breaches of contract requirements) while still securing realistic protection for risk transferors. • Update your insurance requirements to reflect modern insurance terminology. If your contract still requires “comprehensive” general liability insurance with a broad form property damage endorsement, it was written in the dark ages. • Construct your additional insured requirement to deal with the other insurance issue in a manner that works with the standard industry approach instead of requiring special language that achieves nothing more but is very difficult to obtain. • Don’t require a waiver of subrogation endorsement on the transferee’s general liability policy. Include a waiver of subrogation in the contract if you wish (though it is probably unnecessary if you are an additional insured), but don’t require an endorsement to the policy. • Evaluate whether you really need a workers compensation waiver of subrogation. […]
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October 14, 2011
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Shun Those Cell Phones While Driving

Shun Those Cell Phones While Driving More than 20 percent of injury crashes in the United States involve reports of distracted driving, according to the National Highway Traffic Safety Administration (NHTSA). Of those killed in distracted-driving related accidents, 18 percent involved the usage of a cell phone. Another study indicates that using a cell phone while driving, whether it is a hand-held or hands-free device, delays a driver’s reactions as much as having a blood alcohol concentration at the legal limit of .08 percent. Cell phones, and particularly smart phones, are considered one of the leading driver distractions. As a result, more and more communities are placing restrictions on drivers’ use of cell phones. The following tips are offered to motorists with regard to cell phone use in vehicles. You should wait until the car trip is complete before placing a call. Your cell phone’s voicemail feature should answer a call while you are driving. Absolutely essential calls should only […]
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August 19, 2011
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Big Changes Coming For Your Ex Mod Factor

NCCI has recently announced some news that will have an impact on how your NCCI experience modification factors are calculated. For the first time since 1993 NCCI will be adjusting the Spilt Point. Remember, the experience rating modification is affected by small losses more than by large ones because small losses are more frequent and predictable than large losses. The portions of all losses that are $5,000 (split point) or less, which are termed “primary losses”, have the greatest influence in determining the experience modification. Losses in excess of $5,000 go into the “excess losses”.     Every loss is divided into a primary and excess portion. Since small losses – those less than the split point – have NO excess value, primary losses work as an indicator of loss frequency. For example, three $3,000 losses yields $9,000 in primary and $0 in excess. Since large losses – those over the split point – always generate some excess value, they work as […]
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April 23, 2011
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Welcome to our new website!

We are pleased to introduce our new website. A lot of time and effort went into our new site and we are pleased with the results. Snitily Carr did a wonderful job with this and we are excited about how this site will benefit our clients. We have added blogs, social media links, video testimonials and more resources for you. We will be expanding our You Tube page as well to feature videos on a wide variety of insurance subjects especially focused on workers’ compensation. We welcome your feedback on the new site and if you would like to see something added let us know.
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