Newsletter

Roofing Insurance: Cost and Types Contractors Need

Whether it’s workplace accidents or equipment damage, roofing contractors are exposed to a multitude of risks daily, which creates a large need for roofing contractor insurance. Whether you’re a small roofing business or a large-scale contractor, your insurance should be meticulously tailored to you to serve as a protective shield, not only for your roofing …

Roofing Insurance: Cost and Types Contractors Need Read More »

Tennessee workers' compensation rates are decreasing.

Tennessee Workers’ Comp Rates are Declining in 2023

If you are a business owner in Tennessee, we have some good news. The TN Department of Commerce and Insurance recently announced that Tennessee workers’ compensation rates in 2023 will decrease for most businesses. How Much Will Your Rates Decrease? In mid-December 2022, The TDCI approved a 10.2% loss cost decrease for workers’ compensation insurance. …

Tennessee Workers’ Comp Rates are Declining in 2023 Read More »

Insurance lessons from a murder investigation - Spectrum

4 Insurance Lessons From a Murder Lawsuit

Warning: this blog involves a sensitive issue that may upset some readers. In 2021, a former Spectrum cable technician was sentenced for life in prison for the tragic robbery and murder of an 83-year-old woman. The off-the-clock perpetrator gained entry into the woman’s home by pretending to be responding to a service call. In the …

4 Insurance Lessons From a Murder Lawsuit Read More »

Limit supply chain exposure

Limit Your Business’s Supply Chain Exposure

In recent years, we have seen significant supply chain disruptions due to labor shortages, COVID-19 shutdowns, and production issues. Supply chain disruptions can cause significant issues for any business or manufacturer. This month’s commercial risk advisor newsletter discusses steps you can take to limit supply chain exposure. View the Newsletter To learn more about our …

Limit Your Business’s Supply Chain Exposure Read More »

Truck drivers are no longer required to annually report traffic violations to their employers

Truck Drivers No Longer to Report Traffic Violations

On March 9, 2022, the Federal Motor Carrier Safety Administration (FMCSA) amended its Record of Violations Rule. As a result, drivers operating commercial motor vehicles in interstate commerce no longer need to prepare and submit a list of their convictions for traffic violations to their employers annually. The rule goes into effect May 9, 2022. …

Truck Drivers No Longer to Report Traffic Violations Read More »

Prevent heat-related illness on Johnson City construction site

Prevent Heatstroke on the Johnson City Construction Site

During the summer months, it can regularly get above 90 degrees in Johnson City. This can pose a significant risk for Johnson City construction workers. If you are a construction worker or employer, you need to make sure you are taking proper precautions to protect yourself and your employees against heat-related illnesses. As summer approaches …

Prevent Heatstroke on the Johnson City Construction Site Read More »

Why Your Flood Insurance Rates May Increase

The new Risk Rating 2.0 system from the U.S. Federal Emergency Management Agency (FEMA) will raise rates for 77% of policyholders, according to a new study from QuoteWizard. FEMA sells almost all of the nation’s flood insurance coverage through its National Flood Insurance Program and requires businesses that own property in high-risk flood areas to …

Why Your Flood Insurance Rates May Increase Read More »

Cyber Liability Coverage in the Construction Industry

In recent years, cyber incidents have surged in both cost and frequency. These incidents have become a pressing concern for organizations of all sizes and sectors—and construction companies are no exception. Although employers within the construction industry may think that their cyber exposures are minimal, this often isn’t the case. Rather, such vulnerabilities can come …

Cyber Liability Coverage in the Construction Industry Read More »

Preparing for Workplace Emergencies

September is National Preparedness Month, which encourages individuals and businesses alike to prepare for emergency situations, disasters and health risks that could occur in their everyday environments. Emergencies and disasters can happen when they are least expected. Therefore, it is crucial for employees to be prepared for a variety of workplace emergencies (e.g., fires, chemical …

Preparing for Workplace Emergencies Read More »

2021 National Truck Driver Appreciation Week

Each and every day, approximately 3.6 million professional truck drivers hit the road to help organizations deliver goods and supplies on their behalf. While the general public often takes these professionals for granted, their importance, commitment and dedication have never been more apparent than during the COVID-19 pandemic. In this newsletter you’ll read about National …

2021 National Truck Driver Appreciation Week Read More »

How Complete is Your Business Contingency Plan?

A business contingency plan enables businesses to stay functional in adverse conditions, such as major technical issues, natural disasters, or other unexpected occurrences. These plans are often thought of as emergency action plans or disaster recovery plans, but business contingency plans go well beyond natural disasters. A well-constructed plan can mean the difference between staying …

How Complete is Your Business Contingency Plan? Read More »