Category Archives: Construction

Leveraging a Captive Insurance Company

Captive insurance companies are quickly growing as an effective alternative strategy for contractors of all sizes to achieve their financial and risk management objectives.  Captives are essentially a form of self-insurance whereby the insurer is wholly owned by the insured.  As a high-risk industry, the construction industry is now leveraging captives more often than in […]

Construction Industry Challenges Part 2 of 3: Retaining Talent

Every industry faces its own set of unique struggles, and despite the recent economic improvement, the construction industry still has its challenges. In our first-part of the three-part blog series, we discussed the challenge of attracting talent. Another issue we face is retaining talent. It is vital to re-recruit those who are currently with your […]

OSHA Slashes Exposure Limit for Silica

To save hundreds of lives per year, the federal Occupational Safety and Health Administration (OSHA) announced a new rule to diminish the exposure to silica in the work environment, lowering it by 80% in the construction industry and 50% in the general industry. This regulation will be put in place on June 23, 2016. Construction […]

Construction Industry Challenges Part 1 of 3: Attracting Talent

Every industry faces its own set of unique struggles and despite the recent economic improvement, the construction industry still has its challenges. In a three-part blog series, we will discuss some of those challenges and provide tips to help address them. One issue we are currently experiencing is recruiting qualified, skilled workers. Employees are one […]

Preparing for 2016’s Construction Growth

The construction industry is gearing up for another year of steady economic growth in 2016. The Associated Builders and Contractors (ABC) predicts a 7.4% increase in nonresidential construction spending along with growth in employment and backlog.  In the private nonresidential sector, ABC forecasts that the manufacturing and lodging industries’ construction spending will grow the most.  […]

What is a Return to Work Program?

Whether your organization has 10 or 10,000 employees, it’s imperative to take precautions to protect the people that work for you. This includes those employed directly by the organization, those hired contract work, and those with whom you do business. You can protect the people that work for you, and with you, by taking several […]

AssuredPartners NL Agents Presenting at Upcoming Certified Workers’ Compensation Counselor Program

Several AssuredPartners NL agents will lead sessions at the upcoming Certified Workers’ Compensation Counselor program, hosted by Allied Construction Industries in Cincinnati, Ohio. Maureen Gallagher, Mark Bizer and Mike Campbell will share their knowledge and expertise about experience modification and wellness in the workplace with program attendees looking to receive their Certified Workers’ Compensation Counselor […]

What is Pollution Liability Insurance?

With Earth Day around the corner, April is a great time to think about protecting your business from potential fallout from environmental-related incidents by adding pollution liability insurance to your policy. Pollution liability insurance, also known as environmental liability insurance, is usually not included in your general liability policy. This type of insurance protects businesses […]

Answers to Common Insurance Questions: Mod Formula Changes, Wrap Policies

Each month AssuredPartners NL will answer common insurance questions faced by our clients. To submit questions for consideration, contact us.    If you’re involved in construction or handle workers’ compensation for your organization, chances are you’ve had your fair share of experience with mod worksheets and wrap policies. Read on for answers to two workers’ compensation […]

Five Tips to Improve Your On-The-Job Safety Program

Construction work by nature can present many hazards, but practicing on-the-job safety helps keep employees safe and healthy, and keeps workers’ compensation costs down. However, if an on-the-job accident does occur, employers may not fully realize the impact a workplace accident could have on their organization. Workers’ compensation costs could influence an organization’s bottom line […]

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