Risk Management & Insurance


What is OSHA, how does it impact my business?

OSHA’s mission is to “assure safe and healthy working conditions for working men and women by setting and enforcing standards and by providing training, outreach, education and assistance”. OSHA covers private sector employers. OSHA has established regulations designed to protect employees in the workplace so they have a safe workplace. Communication of hazardous materials, safety …


Property Insurance is NOT All the Same

It’s time for your insurance renewal and you are thinking about getting some competitive quotes on your property insurance. It’s good to consider options, but property insurance can have significant differences between competing carriers – much more so than other lines such as workers compensation where coverage terms are more standard. When comparing competing property …


Cyber Crimes

I heard recently from someone who really nailed it on how to think about cyber crime. Most of our customers and people I talk to dismiss the importance of protecting themselves and their businesses from cyber criminals. They tend to think that the banks and the credit card companies take all the risk and even if …


Kentucky Showing True Leadership!

If any of you have ever been involved in an automobile incident where a police report was made, you know full-well that there are hungry attorneys and chiropractors out there wanting your insurance company's money or, in the case of another party involved, their insurance company's money. Your mailbox will be packed with letters for …


Insurance for Sawmills and Lumber Dealers

In general, the insurance marketplace is beginning to see the high rate increases of the past few years begin to ebb. Policyholders may now see smaller rate increases and in some cases even decreases. However, one industry remains squarely in the heart of a “hard market” with carrier appetite waning and rates on the rise. …


Are You Exposed To A Data Breach?

Yes you are. Regardless of your structure, if you are engaging in financial transactions involving credit cards, checks, customer information, etc. you are exposed. If you have employees, you are exposed. If you have customers you are exposed. If you have vendors you are exposed. With the busiest shopping season of the year upon us and …


Insurance Fraud Can Result in Jail Time

Insurance fraud is common across our country. Insurance fraud costs everyone and the ones it hurts the least are the ones who commit the crime. Well, actually, it hurts those who don't get caught the least. Those who get caught can face several years of jail time and fines. The best recipe for avoiding insurance …


The Importance of Buying Proper Limits

A friend called me a few days ago whose store (a building material dealer) had just burned to the ground in an accidental fire.  He was concerned that he would not receive enough payment from his insurance company to cover the cost to rebuild and refurnish his store.  The reason for his concern was that he …