by: Rebecca Gomez In California, organizations with at least one employee are required to have a written Injury and Illness Prevention Program (IIPP) that is easily accessible for employees to read. An IIPP is a safety program that requires employers to develop and implement an effective program that improves safety in the workplace. In order […]
by Rebecca Gomez At Baker Romero, we encourage our clients to focus on the importance of developing a safety culture in the work environment. Administrators should find ways to motivate employees to practice safe work practices. An effective safety culture can help lower the amount of claims and minimize the cost of a claim as […]
By Rebecca Gomez. Crime is a continuous problem for many organizations. Several studies have proven the direct correlation between available cash and likelihood of a robbery. The best strategy an organization can have to prevent robbery is limit the amount of cash available. This strategy will not only reduce the likelihood of a robbery but […]
According to Nonprofits Insurance Alliance of California (NIAC), the most common uncovered property claim they receive is water damage. Property claims are generallydeclined because of poorly maintained premises. Water damage is typically excluded from property policies with the exception that a covered cause of loss occurs first, such as wind or fire. Water damage claims can […]
As hackers and cyber thieves are becoming more technology literate, the scale and sophistication of cyber-attacks are increasing. In San Francisco, for example, the San Francisco Municipal Transportation Agency (SFMTA) became victim of a ransomware attack. A user (in SFMTA case an employee) unknowingly downloaded the malware on their computer which then was seized by […]
Experience rating, authorized under the State Insurance Code, is a statistical procedure, which tailors premiums of qualifying employers to fittheir organization’s loss (claims) experience. How Does the System Work? If your company’s premium is large enough to meet the system’s eligibility requirements, it is assigned an annual experience modification. Eighty percent of the state’s workers […]
Directors and Officers Liability Insurance, also known as D&O, covers individuals who serve on the boards of nonprofit organizations. Individualswho serve in such areas can be held legally liable for activities that arise from the activities of the organization or the financial claims which result from their decisions. Generally, board members are responsible for the […]
The Occupational Safety and Health Administration (OSHA) have estimated that annually approximately two million Americans are victims ofworkplace violence. No one is immune from such threat but there are ways to help minimize the risk and considerations to take to protect an organization in case of a threat. Workplace violence can range from verbal or […]
Every day we receive phone calls from our insureds requesting additional insured certificates and / or endorsements. In today’s business world, it is a common practice to add another entity on to your Commercial GeneralLiability policy. While this is a common request, adding an additional insured on your policy should be carefully considered as there […]
Every organization with employees knows that one of the most costly expenses of running a business is the worker’s compensation insurance premium. While some things are difficult to control such as the assigned workers’comp classifications or rates, other things such as safety training can help minimize overall costs. Risk management and loss control programs can […]