Managing the Contingent Workforce
For most companies, managing human resources will probably require more attention than any other aspect of your risk management plan. Workers’ compensation, safety, compliance with wage/hour laws and avoiding discrimination—these responsibilities can keep one or more managers busy full-time. Using contingent workers can relieve your organization of some human resource functions; however, it can create other risk management exposures. Read on for details.
Understanding Surplus Lines
When model Heidi Klum insured her legs for $2.2 million and guitarist Jeff Beck insured each of his fingers for $1 million, you can bet a standard insurer didn’t cover those risks. These celebrities turned to the surplus lines market. Although your organization probably won’t need to insure body parts, you might need the services of the surplus lines market. Read on for details.
Property Valuation: How to Get It Right Accurately valuing your property is the first step to ensuring effective coverage. If you place an overly high value on your property, you pay more premium than you need to. If you undervalue it, you may not have enough insurance to cover a loss. Read on for details.
Professional Appraisal Services Can Save Money
Obtaining a professional property valuation can help insureds avoid many common property valuation errors. Read on for details.
This Just In…
On any one day in 2011, U.S. staffing firms employed an average of 2.8 million workers, reported the American Staffing Association.