We all know as business owners that Workers’ Compensation is an essential coverage we need to carry. But, many of us may be unaware of how our premium is calculated and what factors are considered. After all, every business has its own unique combination of operating procedures and risk factors. This is where the Workers’ Compensation Experience Modification comes in. In this post, we’ll look at what the Workers’ Compensation Experience Modification is and steps you can...

Hurricane season is upon us, which means it’s time to start preparing—and this year, preparation may be more important than ever. Businesses worldwide are still reeling from the lasting impact of the coronavirus pandemic, and to make matters worse, experts have predicted an active hurricane season. Estimates say there’s potential for 19 named storms—as many as 10 of them could be hurricanes. As we all know in the golf and hospitality business, Mother Nature is unpredictable,...

Independent contractors can play an important role in your business. Whether you’re filling a temporary gap in staffing or require additional help for a project, sometimes it makes more business sense to hire a contractor or subcontractor than a part-time or full-time employee. While there are many benefits to hiring a contractor, there are also potential risks that it’s important to be aware of. Check out our #RiskyBusiness video for more on hiring independent contractors:     When...

Civil unrest can create unique challenges for businesses. Specifically, business owners face the risk of vandalism, stolen or damaged goods and extensive property damage. With this in mind, it’s crucial to take steps to mitigate the risk of potential damages to your business during periods of civil unrest. Review the following guidance to help keep your business protected in these situations. Stay Informed First and foremost, make sure you stay informed via local authorities,...

During the COVID-19 pandemic, home medical equipment (HME) providers learned to be even more resourceful than usual. They found new ways to do business, allowing them to stay open and serve their patients safely. And we all learned how we can better prepare for a national emergency like a global pandemic. As businesses reopen and we settle into the new “normal,” it’s important now more than ever to consider these best practices for the (un)foreseeable future in order to protect...

As the coronavirus (COVID-19) pandemic continues to have an unprecedented effect on daily life, many business owners are looking forward to the future and a return to normalcy. However, even when stay-at-home orders are lifted and nonessential businesses are allowed to resume operations, there’s a lot for organizations to consider before they reopen their doors. What’s more, many of these considerations are workplace-specific and could be more involved depending on the industry you operate...

Introduction to the Case Country club managers rely on a variety of employees to ensure their business runs smoothly. From pro shop associates to kitchen staff, club management must delicately balance day-today operations with a staff ranging from full-time, experienced professionals to part-time, seasonal employees. In the story below—based on an actual claim—you’ll see through the eyes of a country club owner as they realize the importance of commercial crime insurance....

Introduction to the Case Home medical equipment (HME) providers fulfill an essential function in getting patients the equipment and supplies they need. Of course, getting the proper equipment to the patient is only part of the puzzle. Patients also need to understand the proper use of the equipment to promote the best outcomes and avoid injury. In the story below—based on an actual claim—you’ll see through the eyes of an HME provider as they try to ensure their patient understands...

The COVID-19 pandemic created challenges in every corner of every industry across the globe— but it taught us as much as it challenged us, and businesses have learned how resilient and adaptable they are. Many organizations found themselves acclimating to a remote work landscape that will never be the same. Yet, just as businesses scrambled to get their workers and customers online, they then scrambled to protect themselves from increased cybersecurity threats. Ransomware attacks—a...

The coronavirus disease 2019 (COVID-19) pandemic has caused unprecedented changes for many industries. As social distancing is encouraged, gatherings with over 10 people are banned and stay-at-home or shelter-in-place orders for all nonessential employees are issued, many employers are asking their employees to work from home. For some employees, working from home is business as usual. For others, this may be the first time they’ve telecommuted. This working arrangement may seem exciting...