News
One of the best ways to stay ahead of risk? Stay well informed.
News
Breaking Down Common Commercial General Liability (CGL) Policy Exclusions
Commercial general liability (CGL) insurance is an essential form of coverage for any organization. Such a policy can provide much-needed financial protection if an organization is held liable for injuring third parties or damaging their property amid nonprofessional negligent acts or in the course of its usual business operations. This type of insurance may also…
Uninsured Subcontractors Can Be Costly
Subcontractor liability insurance is a must for property owners and general contractors. If subcontractors are uninsured it can leave everyone exposed.
What’s a MOD and How Can it Impact my Construction Projects?
Worker's Compensation is a complex issue for most businesses to manage. If you aren't attentive to it, your construction company may be liable for injuries.
The Top 5 Reasons Safe Place to Work lawsuits are on the rise in New York State
Safe place to work lawsuits have been on the rise in New York, as a result of the New York State Scaffold Law & other factors. Learn about their impact.
April Is Distracted Driving Awareness Month
Review the following article for more information on distracted driving and ways you can help prevent it.
What’s Your Cost of Risk Management?
Marshall & Sterling takes a total cost of risk approach by tailoring your risk management program to look to the end game – your price.
Final Rule Released on Short-term, Limited-duration Insurance and Fixed Indemnity Coverage
On March 28, 2024, the U.S. Departments of Labor, Health and Human Services, and the Treasury (Departments) released a final rule on certain types of health coverage that are not subject to the Affordable Care Act’s (ACA) consumer protections, namely short-term, limited-duration insurance (STLDI) and fixed indemnity coverage. This rule finalizes some of the changes…
Job Openings Projected to Trend Back Up in April
The U.S. Bureau of Labor Statistics recently released its April Job Openings and Labor Turnover Summary. The monthly report revealed an unexpected 10.1 million job openings in April—compared with a revised 9.745 million in March—following three months of declines.
2024 Construction Struck-by Stand-down Takes Place in April
The National Occupational Research Agenda Construction Sector will host their annual National Stand-down to Prevent Struck-by Incidents. This stand-down will take place April 15-19, 2024, in coordination with the National Work Zone Awareness Week. The goal of the initiative is to stop, talk and act. Talking about potential struck-by risks on the job site can…
Training Temporary Workers and Worksite Supervisors
Any host employer (HE) that utilizes temporary workers (TWs) through a staffing company (SC) may be opening themselves up to safety and health challenges. When done haphazardly, these nonstandard short- and long-term work arrangements can threaten the safety and health of the workforce and the company. According to OSHA, the HE and the SC are…
Did You know These Life Events Affect Your Insurance Needs?
As we age and reach different milestones in our lives, our insurance needs change. In order to ensure adequate coverage, contact your insurance broker if you’re affected by any of the following life events:
ChatGPT and the Emerging Risk of the AI Landscape
Artificial intelligence (AI) chatbot ChatGPT has recently made waves for producing human-like text and communications from user inputs. Accessible to anyone with a computer and internet connection, ChatGPT produces usable written material on a wide range of topics and helps make decisions. These functions are leading many employers to consider ways to incorporate this technology…