How Will Health Reform Impact New York Workers’ Compensation?

Posted by John Cofini on Wed, Apr 02, 2014 @ 10:53 AM

Despite two State Workers’ Compensation reform bills passed in 1996 and 2007, New York businesses and employees still struggle with one of the most expensive, yet least efficient workers' compensation systems in the nation. And many employers are now concerned about how the Affordable Care Act (ACA) will ultimately impact workers’ compensation. Although the ACA doesn’t contain any significant measures directed at workers’ compensation, certain aspects of the new law may have work comp ramifications.

Read More

Tags: new york business insurance, New York workers' compensation, New York workers' compensation insurance, new york work comp insurance, work comp program

Three Stabilizers for Your Business and Your Employees

Posted by John Cofini on Wed, Mar 05, 2014 @ 11:52 AM

In his 1943 paper "A Theory of Human Motivation," American psychologist Abraham Maslow (1908-1970) first proposed his famous Hierarchy of Needs. According to his theory, one of the most crucial needs we have as human beings is the need to be appreciated.

Read More

Tags: new york business insurance, executive bonus life insurance, buy/sell insurance, key person insurance

New York Business Insurance Rate Forecast

Posted by John Cofini on Wed, Feb 05, 2014 @ 12:52 PM

If you’re like many business owners, you’re wondering what 2014 holds in store. Unfortunately, predicting how the economy will treat your business in the coming year is about as certain as predicting our winter weather. Fortunately your business insurance rates should be somewhat stable!

Read More

Tags: business insurance, new york business insurance, New York workers compensation insurance, commercial lines insurance, contractors insurance

New York Slip and Fall Liability: As Slippery as Winter Conditions

Posted by John Cofini on Tue, Jan 21, 2014 @ 09:00 AM

2014 has been a brutal one-two punch of winter. The infamous “polar vortex” and subsequent nor’easter brought subzero Arctic air, heavy snow, blizzards, travel disruptions, and winter headaches to tens of millions of people in more than 20 states.

Read More

Tags: new york business insurance, New York risk management, New York slip and fall liability, New York liability, New York business risk, liability insurance

New York Scaffold Law: Time for a facelift?

Posted by John Cofini on Tue, Jan 07, 2014 @ 03:38 PM

A decades-long battle over New York’s Scaffold Law is heating up again.

Read More

Tags: New York construction insurance, new york business insurance, new york scaffold law

Why your construction business needs the best commercial auto coverage you can get

Posted by John Cofini on Wed, Nov 20, 2013 @ 11:59 AM

You’ve invested a lot of time, money, and hard work into building your construction and contracting business, and having the right New York business insurance coverage is a crucial part of protecting that investment.

Read More

Tags: construction insurance, New York construction insurance, new york business insurance, commercial auto coverage, commercial auto policy, non-owned auto coverage

Eight rules of the road for reducing your trucking insurance premiums

Posted by John Cofini on Thu, Nov 07, 2013 @ 12:47 PM

There’s no denying that the trucking business is an expensive line of work. You operate large, costly machines –and those machines are potentially destructive and prone to theft, so insurance premiums can be costly. Even if you have a good driving record and a zero claim history, it seems costs just keep going up.

Read More

Tags: new york business insurance, trucking insurance, trucking insurance premiums, ny trucking insurance

Spooky risks for New York business owners

Posted by John Cofini on Mon, Oct 21, 2013 @ 03:39 PM

It’s Halloween again – a time for hayrides, jack-o-lanterns, and trick-or-treaters. It’s also a time when many people around the world indulge their obsession with spirits, hauntings, and unnatural creatures. Some even believe that October 31 – Halloween or All Hallow's Eve – is a time when the space that separates reality from the dimension of ghosts and the supernatural is at its thinnest.

Read More

Tags: business insurance, new york business insurance, business interruption insurance, workers’ comp insurance, cyber liability policy, key employee insurance

New York contractors: Are you ready for this professional liability scenario?

Posted by Ronald Longueira on Tue, Oct 08, 2013 @ 05:33 PM

Read More

Tags: construction insurance, New York construction insurance, new york business insurance, New York workers compensation insurance, excess liability, New York contractors insurance, new York professional liability insurance, builders’ risk

Don’t lose your hard earned business to a fire safety oversight

Posted by John Cofini on Tue, Sep 24, 2013 @ 02:22 PM

When fire swept through six blocks of Seaside Park and Seaside Heights on the New Jersey boardwalk on September 12, it was a heart wrenching blow to an area that had barely gotten its footing after last October’s Superstorm Sandy. The boardwalk had just reopened in May in anticipation of the Memorial Day start of the tourist season. By the time the fire was out, more than 30 buildings had been reduced to cinders.

Read More

Tags: new york business insurance, fire safety, fire prevention, fire safety and prevention, risk management strategy, fire risk management strategy, fire insurance