risk management

October 9, 2023

Evaluating Tower Service Contractors

All contractors hired by your telecommunications company should be put through a screening process no matter what the task is that you are hiring them for. This is especially true of tower service contractors because of the inherent danger in their work and the usually remote places that the activity takes place.
October 5, 2023

Motor Vehicle Records (MVRs) Best Practices Guide

Multiple studies conducted on vehicle accidents have shown a direct correlation between past driving performance and future accident experience. Establishing a consistent means to evaluate MVRs for authorized drivers’ remains one of the most fundamental controls to manage fleet related exposures. 
July 12, 2023

NTIA Announces $42.45 Billion for High-Speed Internet Grants Through BEAD Program

The “Internet for All” initiative has been allocated $42.45 billion for high-speed internet. The National Telecommunications and Information Administration (NTIA) recently announced allocated funding to all 50 states, including the District of Columbia and five territories.
November 4, 2022

OSHA Announces Preliminary Top 10 Violations for Fiscal Year 2022

This preliminary list indicates the most violated safety standards for fiscal year 2022. Preliminary data shows that fall protection (general requirements) is at the top of the list of violations for the 12th year in a row, followed by hazard communication and respiratory protection.
February 24, 2017

Our Latest Risk Management Newsletter

It is February already and I think I can see a hint of Spring just over the horizon. I don’t know about you but I can’t wait to get there. I am tired of cold, wind, rain and snow and I am willing to bet that you are too. As we head towards that ultimate destination, here are a couple of things to think about regarding your risk management activities. You may want to take this relatively “quiet time” to think ahead and get ready for the busy plant construction season that includes the use of contractors as they can bring a substantial amount of liability and extra costs to you. They must be “good” contractors that you have vetted completely (before hire) or else the possibility exists that they will bring you more trouble than you planned on. See my data sheet elsewhere in this issue for the full details on selecting a contractor. You will be glad you […]
December 14, 2011

Understanding Business Interruption Insurance

Understanding Business Interruption Insurance: This is probably the one risk area that is often overlooked and most likely to put a company out of business shold they suffer a loss that causes an interruption. Time and again we see examples of companies not understanding this coverage and not having the proper coverage at the time of a loss. When business is interrupted by a disaster, business interruption insurance will help get it up and running again as soon as possible, but if your building is heavily damaged and your equipment and materials are gone, how do you do that? Your main concern is to keep your employees, keep your existing customers, and to maintain your excellent relationship with your suppliers. Business Interruption Insurance is designed to replace the loss of business income and to help pay for at least a portion of the extra expenses which you encounter in restoring your business operations after a covered loss. Business Income Coverage […]