Category Archive for : ‘Risk Management’

When the voters approved to make recreational marijuana use legal in Massachusetts in 2016, employers immediately wondered how they were going to navigate these waters with their employees. Marijuana still remains illegal under Federal Law, which is putting Massachusetts based employers in a tough spot.

With the first recreational marijuana shops recently opening in the Commonwealth, employers are now faced with the real likelihood that some of their employees are now consuming marijuana products on their own time. How is this going to affect employers that have drug policies in place

You own a great ski house in the White Mountains of New Hampshire. Friends, family and even coworkers have asked to use it for a long weekend during ski season, leaf peeping in the fall or a week away in the summer months. For these types of scenarios you most likely will not need to change your insurance policy.

But what if you decide to take it one step further and list it on an online site such as Home Away or AirBnB? While some online vacation rental websites now offer

I’ve met so many great people attending industry conferences, conventions, and seminars. A great variety of people all passionate about the business they do and the opportunities that come with it. Of all of the conversations I’ve had I spend the majority of my time learning about their businesses. How did you start? What are your plans? Where do you plan to go with this? Are you having fun? What have you learned? I happen to be curious by nature – so I love engaging in these conversations. They tend

According to the United States Census Bureau half of all businesses are owned by baby boomers. This means that the owners are between the ages of 53 to 71. The Census Bureau also states that the average age of retirement in the United States is 63 years old. This means that half of all business owners are at the average age of retirement or less than a decade away from it.  If you find yourself in this category are you actively planning an exit strategy?

Successful business owners spend decades building

Wow, things really do move fast. It has been nearly a year since we made the decision to formalize our practice in the cannabis space.  It has been fun nearly every day.  It has been a learning experience.  It has been an opportunity to meet some really talented people.  It has been a blast to collaborate and tackle some significant challenges with new forward thinking people.  I think some of my most recent conversations are worth sharing.

Last fall I attended a captive insurance meeting with a client.  At one of

South by Southwest [SXSW]. Music. Movies. Interactive Technology. Networking. Late Nights. And, now featuring the Cannabis Industry!

I recently attended the SXSW Cannabusiness track in Austin, TX. The conference based track was lead by industry experts, lifetime Cannabis advocates, doctors, and even featured a guest panel including John Boehner. What was the overall takeaway from the event? I’d say it was discussions around reversing the stigma of Cannabis. Discussions around reversing the messaging developed around the prohibition of Cannabis – a message clearly articulated by Med Men: Cannabis. The New Normal.

So,

If you are under the impression that Workers’ Compensation rates are set by the state, well, you’re right!  But don’t be under the impression that you cannot do anything to help lower your overall premium.  Minimizing workers’ compensation risks is always an available option. Developing a proactive risk management approach can help you create a safer, more structured workplace which over time will help lower your modification score.  If we could provide you a plan that would eliminate workplace accidents, we would, but that is not possible.  What we can

If you offer health insurance to your employees you are aware that it is bought in one – year policy increments. Every year your insurance broker arrives at your office, spreadsheet in hand ready to explain why you received an increase. Insurance carriers do this in order to protect themselves from long-term losses by having the ability to adjust your premium on a yearly basis. Unfortunately, as a business providing health insurance you will almost certainly offer it for more than one year.

As a result, business owners need to start

According to a recent study, the average person checks their cell phone 100 times a day. While there is a time and a place for cell phones,  job site cell phone use can be extremely dangerous.

If you’re distracted for just a second while operating a power tool, working on a roof or driving a forklift, you can injure yourself or a co-worker. You can also face civil or criminal liability for damages you cause by operating a motorized vehicle while using a cell phone.

It isn’t only operators of machinery who

Two words that no contractor likes to hear together, “slip and fall.” From an insurance agent’s perspective these words can also be understandably painful. Our industry events cover this topic so regularly we can all understand the fear. There are seminars on how to prevent slip and falls, seminars on how to fight slip and falls, seminars on how to create contracts to not be held liable for slip and falls, and the list goes on. So are slip and falls truly as dangerous an issue as everyone is making