AMAXX

MAY 6, 2025

In fact, bad hires aren’t just a performance issuethey are a financial and legal liability , particularly in industries where physical labor increases the risk of injury. Here’s why employers must start treating hiring as a risk management function , and what they can do to mitigate the hidden costs. All state laws vary.

Workers Comp

Distinguished

MARCH 20, 2025

Additionally, defects in windows, doors, handrails, and stairs not only contribute to drafts and security concerns but also increase the risk of falls. Blocked emergency exits or fire escapes and electrical hazards, including exposed wiring or overloaded circuits, further compound these risks.

Broker

AMAXX

FEBRUARY 18, 2025

Misclassification can lead to costly errors, either by overpaying premiums or by facing penalties for underreporting risk. Classification rules are guidelines used by rating bureaus and insurance companies to categorize businesses based on the type of work they perform. What Are Classification Rules? All state laws vary.

Workers Compensation

Protect Commercial Insurance

JUNE 6, 2025

Just like you wouldn’t drive without car insurance, your business premises need protection too. Let’s delve into why this insurance is vital for sound risk management and peace of mind. Understanding Commercial Property Insurance Commercial property insurance is an essential safety net for small businesses in the UK.

Commercial Property

Prof. Allan Manning

MARCH 4, 2025

We naturally hope that the cyclone changes course again and moves away from the coast but if the predications are correct and it will hit landfall in a very populus part of Australia, both organisations are set to provide the best possible response to those affected and their insurers and general insurance brokers.

Insurance Broker

AMAXX

JULY 22, 2025

High-Risk Areas: Where Overcharges Hide While billing errors can happen anywhere, certain areas are particularly vulnerable to abuse or misinterpretation: 1. You should consult with your insurance broker, attorney, or qualified professional. This is where major savings—15% to 35% of charges—can be realized. All state laws vary.

Workers Comp

ProWriters

MAY 20, 2025

On the other hand, its becoming a powerful tool for insurers, helping to assess risk, detect fraud, and streamline claims. So, where does this leave Cyber Insurance brokers? As AI-powered threats evolve, businesses will become more vulnerable than ever, and insurers must adjust their models accordingly.

Cyber

Distinguished

MARCH 6, 2025

Pending or unresolved housing violations can make it difficultor even impossiblefor a property owner to obtain insurance , depending on the severity of the issue. Insurers view these violations as signs of deferred maintenance and increased risk.

Building

AMAXX

MAY 27, 2025

Increased Litigation Risk The National Council on Compensation Insurance (NCCI) found that as lag time increases, so does the rate of attorney involvement : Claims reported immediately had a 12.8% You should consult with your insurance broker, attorney, or qualified professional. litigation rate. All state laws vary.

Claim

Protect Commercial Insurance

MAY 9, 2025

Owning a retail shop or salon can be a thrilling venture, but it also comes with its fair share of risks. That’s where retail shop and salon insurance come into play. This guide will walk you through the essentials, helping you understand how the right commercial insurance can be your business’s best ally.

Liability Insurance

AMAXX

MAY 19, 2025

Small companies especially found themselves at risk of being put out of operation entirely after just one major injury claim. From the adjuster to the physician, from the broker to the TPA, everyone is there to facilitate recovery and manage risk. From the employers side, things werent much better. All state laws vary.

Workers Comp

AMAXX

JULY 17, 2025

Each code reflects the inherent level of risk in that job. For example: An office clerk might be classified under a low-risk code like 8810 Clerical Office Employees. A roofer would fall under a higher-risk code, such as 5551 Roofing. High-risk jobs have higher rates because they’re more likely to result in injuries.

Workers Comp

Distinguished

MARCH 19, 2025

Mold & Water Damage are also major concerns; leaks or excessive moisture can lead to mold growth that poses health risks. Additionally, Electrical Hazards like exposed wiring or unpermitted electrical workpose serious safety risks. Insurers view these violations as signs of deferred maintenance and increased risk.

Building

AMAXX

JULY 7, 2025

Consider these risks: Underqualified hires placed in physically demanding jobs are far more likely to be injured, especially during the critical first weeks of employment. Dishonest hires are more prone to actively disengage, cut corners, and disregard safety protocols —raising the risk of accidents and injuries. The good news?

Workers Comp

Zywave

JUNE 10, 2025

Learn how connecting your existing tools and data sources with insurance APIs can transform your organization. Learn actionable strategies to gain a competitive edge and maximize revenue in the evolving insurance industry in this blog.

Cyber

AMAXX

JANUARY 21, 2025

By aligning care with proven recovery pathways, these guidelines foster a quicker return to normal activities and reduce the risk of complications or prolonged disability. You should consult with your insurance broker, attorney, or qualified professional. All rights reserved under International Copyright Law.

Workers Comp

Zywave

MARCH 3, 2025

The casualty insurance market is currently experiencing unprecedented volatility, with significant pricing fluctuations and escalating loss costs becoming the norm. He advised, “You need to know your risks and be able to differentiate your ability to understand and control them.” million loss records.

Casualty Insurance

AMAXX

MAY 6, 2025

Theyre moving fast, skipping steps, and taking on avoidable risk. But what if hiring was treated like risk management? Integrity tests filter these high-risk candidates before you invest time in interviews. You should consult with your insurance broker, attorney, or qualified professional. All state laws vary.

Workers Comp

Property Insurance Centre

MARCH 11, 2025

Buying Blocks of Flats Insurance in London: Key Risks and Costs When it comes to buying blocks of flats insurance in London, the market is becoming more complex for a number of reasons. In London, block of flats insurance comes with unique challenges and considerations compared to the rest of the UK.

Risk

AMAXX

MAY 13, 2025

It’s a leading indicator of workplace safety and risk exposure. What it tells you: Longer lag times lead to more expensive claims, higher litigation risk, and worse outcomes for the injured employee. You should consult with your insurance broker, attorney, or qualified professional. All state laws vary.

Workers Comp

AMAXX

MARCH 4, 2025

Strategic Shift: View OSHA compliance not just as risk management but as a differentiator that sets your business apart. You should consult with your insurance broker, attorney, or qualified professional. A proactive safety program can be a strong recruiting tool, reducing turnover and improving workforce stability.

Workers Comp

AMAXX

MARCH 4, 2025

Workers who believe their jobs are at risk may delay their recovery, experience heightened stress, and ultimately cost their employers more in claims expenses due to prolonged disability or legal fees. You should consult with your insurance broker, attorney, or qualified professional. All state laws vary.

Workers Compensation

AMAXX

JUNE 30, 2025

Suddenly, multiple departments spring into action—HR files paperwork, safety investigates hazards, risk management analyzes costs, and someone else tracks regulatory compliance. Risk Management analyzes claims costs, tracks data, and develops cost-containment strategies. That’s how you close the loop and continuously reduce risk.

Injury

Protect Commercial Insurance

JUNE 27, 2025

For example, collaborating with tech startups could offer innovative approaches to risk management, or partnering with real estate firms could provide comprehensive solutions for property insurance. By forging insurance referral partnerships, SMEs can tap into broader markets without heavy investment.

Insurance

AMAXX

JULY 1, 2025

Risk management tracks claim costs. You should consult with your insurance broker, attorney, or qualified professional. These metrics aren’t just for compliance—they’re early warning signs of deeper safety issues. Centralize Your Data One reason data goes unused is because it’s scattered: HR has employee data.

Injury

Property Insurance Centre

JUNE 29, 2025

Once the property becomes occupied again, your insurer will normally refund this to you, less their usual charges, and for time on risk as an empty property. Once the property becomes unoccupied, insurers will ask that you update them as soon as the property is occupied again.

Commercial Property

Property Insurance Centre

FEBRUARY 10, 2025

#Video Common Perils Covered by Commercial Property Insurance Most commercial property insurance policies cover a broad range of risks, often referred to as “named perils.” ” If a peril is explicitly listed in the policy, the insurer will cover the damage it causes.

Commercial Property

AMAXX

MAY 6, 2025

The Data Doesnt Lie: First-Year Employees Are at Highest Risk According to data cited in Workers Comp Mastery Training , nearly 35% of all workplace injuries occur in an employees first year. New hires should be trained on the specific risks of their job and location. Thats when risk is highestand when support is often lowest.

Injury

Word & Brown

JUNE 21, 2025

It is an explanation of the claim, the total charges, what the insurer paid, and the amount due from the policyowner. Underwriting: The insurance company process for evaluating the risks and setting rates. For other ideas on nurturing client relationships, read our other broker blogs. Be sure to come back often.

Building

Distinguished

APRIL 9, 2025

How do MGAs Differ From Insurance Brokers? The key distinction between MGAs and insurance brokers is that MGAs have underwriting authority, while brokers do not. This one factor means these two insurance entities have completely different purposes in the broader insurance landscape.

Agents

Distinguished

MARCH 21, 2025

In Chicago, housing code violations not only affect tenant safety and property values but also play a critical role in insurance risk assessments. Understanding these violationsfrom heating failures to structural hazardsis essential for insurance brokers advising property owners.

Building

Distinguished

MARCH 17, 2025

In New York City, housing code violations challenge property owners, tenants, and insurance brokers alike. With infractions ranging from heating failures to illegal conversions, understanding these issues is essential for assessing risk and underwriting policies.

Broker

Simply Insurance

JUNE 28, 2025

Floods from a high-risk area may even exceed the entire value of your home. How Much Is Coverage Through The National Flood Insurance Program? The average cost of flood insurance is about $771 a year, or $64 a month through the National Flood Insurance Program (NFIP). When is FEMA changing the risk rating system?

Home Insurance

Simply Insurance

JUNE 12, 2025

Age Monthly Premium Notes 30 $60 Healthy individual 40 $80 Moderate risk 50 $100 Higher risk How Much Does a 5 Years Disability Insurance Policy Cost Per Month? Age Monthly Premium Notes 30 $70 Healthy individual 40 $90 Moderate risk 50 $110 Higher risk How Much Does a Benefit Period Own-Occupation Coverage Policy Cost?

Insurance Quotes

Simply Insurance

JUNE 12, 2025

And whether youre a first-time landlord or have years of experience, you know that rental property insurance is necessary, but the cost varies depending on where you may live and the insurance company you choose. Is landlord rental insurance worth it? Generally, larger metropolitan areas can be expected to pay higher policies.

Insurance Quotes

Simply Insurance

JUNE 10, 2025

And whether youre a first-time landlord or have years of experience, you know that rental property insurance is necessary, but the cost varies depending on where you may live and the insurance company you choose. Is landlord rental insurance worth it? Generally, larger metropolitan areas can be expected to pay higher policies.

Insurance Quotes

Simply Insurance

JUNE 14, 2025

Larger companies or those in high-risk industries may face higher premiums. Cyber Insurance Rates By Industry Risk How Much Is Incident Response in Cyber Insurance a Month? The cost can vary based on your industry and risk level. Larger companies often face higher premiums due to increased risk exposure.

Insurance Quotes