Vendors = Hidden Risks

Vendors, suppliers, service providers, and consultants have become indispensable to many businesses. "Vendor" is a generic term for many sales and service providers, such as couriers, cleaners, accountants, bookkeepers, strategy or insurance consultants, lawyers, insurance brokers, outsourced HR, IT gurus, engineers, architects, contractors, handymen, and etc. Not only does outsourcing move costs from “fixed” [...]

Workers Comp is Complex – Then Come the Audits

Workers Comp insurance is a complex and confusing mystery for most business owners, and, often for brokers too! I recently got a phone call from a painter who was being billed $57,000 in additional workers' comp premiums from an audit. His ex-broker had gotten a policy with low-ball estimated payrolls, and didn't carefully choose [...]

Workplace Violence Prevention

Violence seems to be everywhere these days. And, like many things, the meaning has evolved – from physical force to one that now includes threats, intimidation, harassment, assaults, and bullying. Two million American workers experience violence each year, says OSHA. And that puts employers – who have a duty to provide a safe workplace – [...]