New York Workers Comp-Class Code 5022 Definition-Class Code 5022 Masonry NOC- applies to Contractors engaged in masonry work unless the job description is otherwise classified in the NCCI or Scopes manual. Who can use it?- Contractors who perform masonry work in residential, commercial or industrial structures. Code 5022 also applies to trade contractors that construct fireplaces, residential chimney construction ( 2 stories or less) installation of interior partitions of … Read More
NYC Trucking Insurance Safety Matters: How to Properly Lift Heavy Loads
It only takes one careless mistake to sustain a serious, long-term injury from improper lifting. Use these tips as helpful guidelines for lifting any size load. How to Properly Lift Heavy Loads At work, much of your day is spent lifting, carrying and transporting heavy objects. While in many cases a machine does the grunt work, it only takes one … Read More
Trucking Insurance NYC Risk Advisor: CVSA Roadcheck in June
CVSA Roadcheck to Take Place June 4-6 The Commercial Vehicle Safety Alliance’s (CVSA) annual International Roadcheck will run June 4-6, 2019. During the International Roadcheck, inspectors will conduct the North American Standard Level I Inspection, a 37-step procedure that includes an examination of driver operating requirements and vehicle mechanical fitness. This year’s blitz will place a special emphasis on steering … Read More
All You Need to Know about Commercial Auto Insurance
New York Commercial Automobile Insurance: What You Need to Know New York Commercial Automobile insurance serves as a safeguard against financial hardship in the event of an auto accident and assists in paying for damages if your company vehicle(s) is damaged, starts on fire or is stolen. Every state, with the exception of New Hampshire, requires all drivers to carry … Read More
Insurance for Fitness Centers & Gyms
Fitness centers are popular destinations for those looking to get in shape, and the owners and operators of these facilities are passionate about helping their members better their health. However, to best serve their members, owners of fitness centers need to address the unique risks associated with their business. The condition of your gym, trainers you hire, the types of … Read More
Top 10 Ways to Control Your Mod
Your experience modification factor, or mod, is an important component used in calculating your New York workers comp insurance premium. If you can control your mod, you can lower your price — so we’ve gathered top tips to help you impact your bottom line. Investigate accidents immediately and thoroughly; take corrective action to eliminate hazards and be aware … Read More
Umbrella Insurance for Your Business and Peace of Mind
In a culture where litigation is commonplace, business owners have many more worries than making profits and retaining top employees. If your product injures a consumer, your organization could face a devastating lawsuit, exponential damages and a tainted reputation in the marketplace. To assist with the financial burden of a claim, many business owners purchase commercial umbrella insurance on top … Read More
E-Liability Insurance: What Are Your Risks?
Internet-related liabilities are present whether your company simply uses email or is actively involved in e-commerce. Do you have the appropriate coverage? Traditional comprehensive commercial general liability (CGL) policies cover many of a business’s typical risks: claims of bodily injury, personal injury, advertising injury and property damage as a result of your products, premises or operation are commonly included. However, … Read More
Hotel Risk Insights: Recognize Attractive Nuisance Dangers
Why does your business need New York Premises Liability Insurance – Property Coverage? An attractive nuisance is defined as a building, object or other areas that attract visitors who may or may not be welcome. These areas may not be properly fenced in or contain warning signs of their impending dangers. Attractive nuisance injuries can be quite serious, and sometimes … Read More
Employment Practices Liability Insurance: Crucial for Small Businesses
According to a recent study, more than half of all claims filed for employment-related liabilities are against employers with fewer than 50 employees. Alarmingly, the study also reveals that not even 2 percent of small businesses have employment practices liability (EPL) coverage. High Price Tag of NYC Employment Practices Liability Insurance Employment-related claims can be extremely costly, especially in cases … Read More
Safety Tips: Take Precautions When Operating a Forklift
Forklifts, also called powered industrial trucks, help companies perform essential loading, unloading and warehousing tasks, but they are also quite dangerous. Driving a forklift is a serious responsibility and should not be taken lightly. Forklift drivers must be properly trained and follow all safety procedures and precautions. New York Forklift Insurance Safety Tips Below are some of the basic safety … Read More
Commercial Auto Insurance Premiums: Risk Insights about Frequency & Severity
NYC commercial auto insurance rates are based on several factors, frequency, and severity of crashes, auto repair costs, medical and hospital costs, lawsuits and court judgments, insurance fraud, vehicle type, and deductibles. This means that while your company’s inherent level of risk is a factor that affects the premium you will pay for auto insurance, that amount is also affected … Read More