Risk management and loss prevention resources for businesses, for individuals, for life.
Written by Bill Katzfey
May 2nd, 2013
Experts predict that by the year 2020, 25% of the US workforce will be 55 years or older. Couple this statistic with the fact that most people are working past the traditional retirement age of 65 and organizations need to pay special attention to this sector of the workforce. On average, older workers are injured» Read Full Article
Written by Bill Katzfey
November 26th, 2012
It’s that time of year again in Wisconsin – time to start thinking about turning on the heat in your house. When was the last time you took a look at your furnace? Better yet, when was the last time your furnace had a tune-up? R&R client, ServiceMaster Recovery Services, gives tips on a “Do-It-Yourself» Read Full Article
Written by Bill Katzfey
October 15th, 2012
Great explanation from CFO.com about rates increasing for 2013 renewals and why now, more than ever, it’s important to have your “house” in order. CFO.com recent article: Insurance Rate Outlook: From Flat to Soaring describes the current concerns CFOs have regarding their insurance premiums and the tightening restrictions from insurance carriers. Related Articles: 3 Ways to Improve» Read Full Article
Written by Bill Katzfey
October 11th, 2012
Don’t be surprised if your renewal comes through with a significantly reduced dividend or none at all. The insurance market is changing. The soft market and other external financial factors warranted workers compensation carriers to offer large flat dividends to their commercial insureds. Those days are numbered. (See CFO.com September 18, 2012: Insurance Rate Outlook: From» Read Full Article
Written by Bill Katzfey
October 11th, 2012
A lot of business owners concentrate on the dividend portion of a workers compensation insurance policy. Rightly so, it’s a significant refund and can be critical to the bottom line of any business. What business owners and CFO’s don’t often realize, though is that if you manage your experience MOD first, the dividends will follow. If» Read Full Article
Written by Bill Katzfey
October 8th, 2012
The State of Wisconsin estimates it could save $12 billion dollars if residents “slim down”. With National Health Expenditures continuing to rise, employers profits are being consumed by healthcare costs. Some estimates are as high as 58% after taxes! Today, nearly half of all workers compensation claims include loss time or disability rating. In particular,» Read Full Article
