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Posts Tagged "Business/Commercial Insurance"
Privacy and Cyber Security
With the enormous amount of sensitive information stored digitally, companies need to take the proper measures to ensure this data is never compromised. Ultimately, it is the responsibility of business owners to protect their clients’ data. Failing to do so can result in a data breach, which costs companies billions of dollars every year. Understanding the risks involved with data security can help you prevent a privacy breach. The first step in protecting...
Read MoreUnderstanding Common Aspects of Claims Resolutions
Dealing with workers’ compensation claims isn’t always as straightforward as one might hope. Unfortunately, as an employer, sooner or later you will have to deal with an employee injury. To help you through the process, here is a breakdown of some of the common concerns employers have while working through claims. Independent Medical Examinations (IME) Your workers’ compensation insurance carrier is entitled to schedule an independent medical examination, or IME. They may...
Read MoreClaim Topics: Return to Work Wages
What do I pay a worker on modified duty? A worker has been off due to a job-related injury. Their doctor says they can return to modified duty, and you have identified a job. When the doctor limits the number of hours a worker can be at work, you offer work up to that limit. What should they be paid? You could pay the worker their normal rate while on modified duty. The...
Read MoreCyber Security
Every day, more than 1 million people become victims of cyber crime, according to a study by Symantec, a computer security software company. Businesses, both large and small, are increasingly reliant on the Internet for daily operations, creating attractive and potentially lucrative targets for cyber criminals. With such heavy use of and reliance on computers and the Internet by both large and small organizations, protecting these resources has become increasingly important. Learning about...
Read MoreWorkers’ Compensation Coverage for Multi-State Firms
If you have locations or workers in multiple states, then your workers’ compensation coverage may be more complicated than you realize. Workers’ compensation coverage written in one state may not protect you if workers are injured in another. Though some policies cover multiple states, others limit coverage to the state where the policy was written. In addition, some states only allow claims to be covered by policies written within that state. Today, we’re...
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