As 2025 begins, manufacturing businesses must be mindful of the trends impacting the industry. Monitoring the latest developments and appropriately adjusting operations and risk management practices in response to them is crucial, as each significantly impacts the success and public perception of a business. Trends...
In recent years, captive insurance companies have consistently outperformed commercial market insurers. This success is attributed to their balance sheet strength, operational performance, and specialized business models. Captives offer significant advantages, giving organizations a competitive edge in risk management and financial control. Here are seven...
The Internet of Things (IoT) refers to a network of devices (e.g., sensors, actuators and trackers) equipped with advanced software and processing capabilities that can connect and exchange information. This technology can provide a wide range of benefits to businesses, including enhancing companies’ visibility of...
Every year, Prevent Blindness, the eye health and safety organization, recognizes March as Workplace Eye Wellness Month. This annual campaign is intended to raise awareness of potential eye hazards in the workplace and encourage employees to take their eye health seriously. According to Prevent Blindness, thousands...
Workers’ compensation insurance is one of the largest expenses for staffing companies and professional employer organizations (PEOs). Due to the high-risk nature of temporary staffing, complex employee classifications, and frequent policy audits, securing cost-effective and compliant coverage can be a challenge. Many staffing firms turn to...
Ensuring resident safety is a key priority for all senior living facilities. A critical area of concern is the risk of elopement—when a resident leaves a senior living facility unexpectedly and unsupervised. Such incidents can lead to residents becoming disoriented or lost and expose them...
June is National Safety Month. The National Safety Council (NSC) promotes this annual campaign in an effort to raise awareness of the leading causes of preventable injuries and fatalities at work, on the road, and within homes and communities. Watch this one- minute video for...
On Saturday, March 30, 2024, telecommunications giant AT&T released a statement saying current and former customer data was exposed on the dark web.AT&T account numbers, Social Security numbers, email addresses, names, phone numbers and birth dates may all have been among the compromised data.“Based on...
Six ways workers' compensation brokers help companies save money. Workers' compensation brokers play a crucial role in helping companies save money in several ways: Expertise in Insurance Market: Workers' compensation brokers have in-depth knowledge of the insurance market. They understand the complexities of workers' compensation policies, coverage...
Temporary staffing and employment agencies face unique risks and exposures due to the fluidity of their workforce, and their lack of supervisory control at the client facilities where temporary employees are placed. The fact that in most cases the agency assumes liability for the actions...