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 »
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 …
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 …
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 »
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 …
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 …
No employer wants to see their employees get injured or experience illness. After all, employees who take off of work due to an injury or illness are often less likely to return. And while the ultimate goal is for such employees to be able to resume their job duties safely—and as soon as possible—sometimes, recovery …
Helping Injured or Sick Employees Return to Work Read More »
Telematics is reshaping the auto insurance industry, which is now starting to use driving behavior instead of demographics to calculate auto insurance premiums. Telematics is a form of vehicle software that combines the features of telecommunications and informatics. This software connects to telematics devices installed in vehicles, including GPS technology, sensors, mobile applications, dashcams and …
The Impact of Telematics on Commercial Auto Insurance Read More »
In this month’s Commercial Risk Advisor newsletter, learn about reducing your exposures during work events and managing social media risks. Click here to read the whole newsletter! If you have any questions about workplace safety or liability insurance, please give our Johnson City office a call at (423) 292-4142! We will work with you to make …
In this month’s Commercial Risk Advisor newsletter, you will learn about mobile device security and how to manage a multicultural workplace. Click here to read the entire newsletter! If you have any questions about workplace safety or cyber liability insurance, please give us a call at (423) 292-4142! We will work with you to make …
In September’s Commercial Risk Advisor, you will learn about conducting workplace health and safety incident investigations, and how to manage your post-coronavirus reputation. If you have any questions about business insurance, please give us a call at (423) 292-4142! We will work to make sure you and your business are protected. Also check out the …
Our August 2020 Construction Risk Advisor is here! This month’s Construction Risk Advisor for contractors summarizes the purpose of the upcoming National Safety Stand-down event and offers guidance on how your organization can participate. You can read the full newsletter here. If you have any questions about commercial risk or insurance for contractors, please give …
4451 North Roan Street Suite #201
Johnson City, TN 37615
(423) 292-4142
help@veritasRM.com
Monday – Friday 8:30a – 5:00p
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4451 North Roan Street Suite #201
Johnson City, TN 37615
(423) 292-4142
help@veritasRM.com
Monday – Friday 8:30a – 5:00p
