Has Your CT Business Considered Creating a Captive? There are many risk management strategies available to Connecticut businesses designed to help moderate the potential impact of a business mishap. Traditional business insurance, for example, is one of the longest standing risk management solutions to help an operation protect their property, employees and assets from a host of risk exposures. Establishing … Read More
Tips for Reducing New Haven Employment Practices Liability Risks
Tips for Reducing New Haven Employment Practices Liability Risks Hiring can be one of the most challenging parts of operating a business, and it all starts with writing a job posting. Crafting the perfect job posting requires great attention to detail, strong diction and a clear understanding of state and federal employment regulations. A well-executed posting can help bring in … Read More
Connecticut Directors and Officers: Core Behaviors of Success
Connecticut Directors and Officers: Core Behaviors of Success Connecticut Directors and Officers of a corporation often hold a great deal of power and influence. As the face of a company, an organization’s leadership can make or break the public opinion about not only the business work culture, but also the brand itself. In recent years greater mistrust of corporate America … Read More
Wallingford Business Insurance: ACA Allows Bare-bones Healthcare
Wallingford Business Insurance: ACA Allows Bare-bones Healthcare Controversy over the Affordable Care Act (ACA) has yet to fade out even four years after the legislation passed. Business and officials are stuck in a seemingly endless battle of wits. Corporate leaders are looking to ease the transition into providing many hourly-wage, short-term and variable-hour workers with affordable healthcare options under the … Read More
Wallingford Business Insurance: Challenges with Marketing to Children
Wallingford Business Insurance: Challenges with Marketing to Children Soft-drink producers have fallen under investigation in recent years for their marketing tactics. Many beverage producers, including Monster Beverage Company and 5-Hour Energy, have been accused of unfairly marketing their allegedly dangerous energy drinks to children. For over two years the Food and Drug Administration (FDA) has been cracking down on the … Read More
Hartford Healthcare Risk Management: Assessing Cybercrime Exposure
Hartford Healthcare Risk Management: Assessing Cybercrime Exposure A recent notification from the Federal Bureau of Investigation to healthcare providers warned that the healthcare industry faces high risks of cyber security breaches. A non-profit organization called SANS Institute has warned the healthcare industry for a while that they were not well-prepared to fight growing cyber dangers. They presented hundreds of scenarios … Read More
Hartford Business Insurance: Executive Orders for Equal Compensation
Hartford Business Insurance: Executive Orders for Equal Compensation In anticipation of the likely dismissal of his proposed compensation legislation up for discussion in Senate, President Obama is prepared to issue and executive order barring federal contracting organizations from prosecuting employees who discuss their pay. The order effectively eliminates punishment and retaliation for employee discourse about earnings, in hopes of generating … Read More
Connecticut Business Risk Management: Workplace Violence
Connecticut Business Risk Management: Workplace Violence According to the Bureau of Labor Statistics 17% of all workplace fatalities are a result of workplace violence, higher than all other workplace casualty causes except transportation. Workplace safety awareness efforts regarding mechanical and hazardous substances have dramatically reduced the number of workplace accidents as shown in the statistical findings. As a result, the … Read More
The Basics of Church Insurance Part 1: The Role of Risk Management
The Basics of Church Insurance Part 1: The Role of Risk Management Churches have become progressively susceptible to lawsuits and claims. Whether the allegations are true or not is irrelevant when it comes to defending your church against a claim. Legal fees, defense costs, and payment for damages are enough to financially ruin any business, let alone a non-profit organization … Read More
Risk Management Tips for the Trucking Industry
Risk Management Tips for the Trucking Industry According to the Federal Motor Carrier Safety Administration (FMCSA), over the past two decades, the number of truck accidents has increased by 20%. Federal laws and regulations govern the trucking industry, and these laws establish certain standards that trucking companies, owners, and drivers must meet. However, true safety awareness starts with the drivers … Read More