Strategies in Content Creation
In the economy today it’s hard for contractors to get paid for work performed. Far too often payments come in weeks, months, even years after work is finished. Throw in bid proposals, maintaining equipment, and managing employees the life of a contractor can become very stressful. The last thing any contractor wants to deal with is surprise workers compensation bill.
I’m your independent insurance agent. I have access to 30 insurance carriers, each with their own taste for risk. I know where these carries succeed and I know where they fail. I don’t have an allegiance to any one carrier, my allegiance is to YOU. My client…
No one likes to talk about the mistakes they make. Mistakes at work, mistakes at home, doesn’t matter, thinking about our mistakes is not pleasant and easily brushed to the back of our mind. I am as guilty of this as the next person.
The New York State Department of Insurance is cracking down on a practice they consider very common among companies in New York, specifically contractors, known as Employee Misclassification.
In the construction and mechanical industries workers compensation insurance (workers comp) can be a severe expense.
Recently, I was asked to provide information on ways to Save Money on Worker’s Compensation premiums… This is a commonly asked question and for good reason, Workers Comp can be a significant expense on any (try every) company’s budget.
The three critical benefits of workers comp include: First, the employer gets tort relief. Second the employee gets a relatively quick, equitable, and predictable no-fault compensation scheme. Finally, the system carries an intrinsic incentive toward rehabilitation of the injured worker.
According to the National Council of Compensation Insurance (www.ncci.com) claims involving obesity have a “markedly higher” indemity and medical costs.
I am often approached by business owners throughout the Capital Region for advice on how to ease the cost of workers compensation (WC) insurance, particularly in this economic downturn. My advice is always the same; the best way to save is by taking the time to set up a proper workers compensation program which will protect the business’s solvency in the event of an accident.
