Insurance News

A 5 Step Plan to Implementing Safety Inspections

Shawn Turner |

Ensuring a safe workplace should be the goal of every business. Performing regular inspections of both the workplace environment and the business’ equipment is crucial in creating a workplace that is a safe place for employees.

So how do you go about performing a worksite analysis that will address all of the potential danger areas of which you should be aware? Here’s a five-point plan courtesy of the Occupational Safety & Health Administration that will get you started in the right direction:

Insurance News

Avoid becoming another Fire-Loss Statistic

Shawn Turner |

Losses as a result of fire damage put a big dent into business operations every year.

U.S. fires resulted in an estimated $11.6 billion in direct property loss during 2014, according to the National Fire Protection Association. On average, a civilian fire death occurred somewhere in the country every two hours and 41 minutes.

There are a number of steps businesses can take to avoid becoming another fire-loss statistic, according to the Ohio Department of Commerce. These steps are centered around four main themes.

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Insurance News

Mitigating Your Risk: How 3PL’s Can Help Secure Your Supply Chain

Roxanne Hodgkinson |

Regardless of size, location, or industry, all organizations face some degree of risk in shipping. Few are proactive at addressing risk, by asking the right questions. It is critical for all organizations to ask themselves, ‘What can go wrong?’ and ‘What are my backup plans if the carrier does not show?’ before problems occur. When risks cannot be eradicated, an organization should follow a plan to fully identify, understand and mitigate the risks involved.

Insurance News

After the Disaster: 5 Things You Need to Know

Shawn Turner |

Bad things happen. Regardless of how well your employees are trained, how often you inspect your equipment, or how well safeguarded you might believe your organization is, disasters can still occur.

As you’ll learn in other blogs that will be posted this month in recognition of National Preparedness Month, prevention should be a company’s top priority. But what do you do after disaster strikes? Here are five things to keep in mind.

Mike O'Donnell
Insurance News

Workers' Compensation Prospective Billing: Important August Update

Mike O'Donnell |

BWC Payroll reports for the first half of 2015 are due this month but you probably don’t owe premium for this period!  Any business that has a policy in active status as of July 1, 2015 is not required to remit premium payment for the 1/1/2015 the 6/30/2015 period.  This is what the Ohio BWC is deeming a “transition credit” period.  The payroll report must still be completed and sent to BWC by August 31st for the transition credit to be honored.  The idea is to take the financial burden off the employer as the state transitions into prospective billing this summer.

Insurance News

Tips for Your Business: Be Disaster Ready

David Saliba |

July 8th was an anxious day for some and a fearful one for others. During the course of a four-hour span, three well-known institutions – United Airlines, the New York Stock Exchange and The Wall Street Journal – were suddenly offline, leaving their customers, partners and the global market fretting over a possible larger-scale issue. While each of these organizations continue to consider the effect of these outages and what could have been done to prevent it, all businesses can learn a valuable lesson from this calamity. Ask yourself: Are you prepared for a disruption to your business?


Mike O'Donnell
Insurance News

Enroll in BWC’s Destination: Excellence programs by May 29 to Earn Rebates

Mike O'Donnell |

As part of the prospective billing implementation, enrollment is currently underway for private employers to sign up for several of the Destination: Excellence programs. Destination: Excellence is a bundle of programs BWC offers that help businesses improve workplace safety, enhance injured worker care and save money on workers’ compensation costs.

Mike O'Donnell
Insurance News

Workers’ Compensation Prospective Billing: Important Developments starting this May

Mike O'Donnell |

After decades of charging Ohio businesses workers’ compensation premiums after coverage has been extended, the Ohio Bureau of Workers’ Compensation (BWC) will be transitioning to a prospective premium collection model this year. The new billing system is designed to provide more flexibility for employers while reducing overall system costs to the state. The change also aligns the BWC with the standard insurance industry practice of collecting premiums before extending coverage (e.g. property & casualty, general liability, etc.)

Insurance News

"Best Benefits Decision I Ever Made…"

Eric Williams |

“Joining COSE’s group-rated Workers’ Comp Program has helped me in my business in so many ways. Not only has COSE saved me money on premiums, but they understand my needs and can fight for me better than any other program. I’m not just another number among many other businesses to them. They provide individualized attention and navigate my problems for me, leaving me to continue focusing on what I’m passionate about – my restaurants.”

 - Eric Williams, owner, Momocho and El Carnicero, and partner, Happy Dog and Jack Flaps