Welcome to Work Comp Wednesdays! Insurance People is the industry-leader in North Carolina workers’ compensation insurance. Each week, our team takes a frequently asked question and expands on the issue for our clients, prospective clients, and community members to better understand the confusing nature of Work Comp. Experience Modifier Experience rating is a mandatory process that modifies the published rates for workers’ compensation coverage based on a comparison of your past losses to your industry’s average losses. Usually three years of loss experience are used to calculate the experience modifier (Ex Mod). An Ex Mod below 1.00 means your recent…
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Insurance People is extremely proud to announce that our friends at Healthy Start Academy, are the recipients of Utica’s School Safety Excellence Award. Located in the West End of downtown Durham, Healthy Start Academy is the first recipient of this award in North Carolina. Healthy Start Academy (HSA), the first charter school in NC, opened their doors in 1997 and are leaders in the Charter School Movement. Utica has over 45 years of experience in this industry so to see them acknowledge an original member of this movement, shows their desire to reward success. Because of the current state of…
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As a businessowner, it is imperative that all necessary coverages are in place. In the medical field, specially, businessowners should be prepared to have a policy in place to protect against claims of negligence. Professional Liability Insurance (PLI) is insurance that protects against this. In some fields, PLI is only offered as a “claims-made” form; however, for Dentists, an occurrence form is available as well. Depending on the type of coverage you desire, you have the option to choose either form. Our friends at Cincinnati Insurance analyze the “pros and cons” of each choice. For more information, please click here.
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As insurance agents, our job is to help save people money as well as protect them from risks; however, accidents happen. Claims are an unfortunate part of the insurance industry and it is imperative that they are handled in a prompt and efficient manner. Reporting claims immediately after the incident can save you time and money. The faster a claim is reported, the faster it can be closed and paid. Builders Mutual wants to emphasize the importance of this process. For information, please click here.
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Here at Insurance People, we love to be involved with organizations that are making a positive impact on the community. One of such organizations is SafeSchools; a leader in eLearning resources for the education system. SafeSchools is taking the initiative when it comes to schools reopening, by providing resources and news articles to the public. Two of these articles are especially valuable during our country’s current environment. One of the articles focuses on online training for Administrators to return to school safely, and the other focuses implementing new Title IX regulations in K-12 schools. For more information on returning to…
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Whether you call it barbecuing or grilling, it’s summertime in the United States and people are outside to cook their favorite meats and vegetables. While firing up the gas or charcoal grill may seem like a normal and safe occurrence, potential perils like personal injury and property damage affect homeowners every year. For more information on simple safety tips to follow while using your grill, please read the following article from Cincinnati Insurance.
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Like many businesses across the country, the restaurant industry has had their own unique challenges presented to them due to COVID-19. Creating a safe and comfortable environment for your customers has never been more difficult, fortunately, we are all in this together. Specifically, EMPLOYERS has been working hard to provide Small Business Resources to help restaurants during these trying times. For more information, please read EMPLOYERS, “Road to Recovery: Restaurant Reopening Tips” article here.
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Due to Covid-19 and social distancing, Americans have been facing increased levels of financial and mental hardships. More specifically, students and young adults alike have been at the forefront of this crisis. For our country to reach its utmost potential, we need our future leaders to not only feel comfortable but also supported; specifically, in their own school. SafeSchools, an industry leader in training courses for educational institutions, provides modules on mental health for students to help proactively change the current environment. Please take the time to read the full SafeSchools’ article below to learn more: A recent survey of 3,300…
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As businesses and organizations begin to reopen in the age of COVID19, ensuring a clean and disinfected place of business is paramount for regulatory and safety concerns. To help employers bring employees back safely, the North Carolina Department of Environmental Quality hosted a webinar on “Demystifying Cleaning in the Age of COVID19.” The webinar covers effective practices for decontamination along with pathogen control practices, disinfectant choices, modes of transmission and much more! Ensure your organization is prepared by watching the recorded webinar or by reviewing the PowerPoint presentation that can be found on the NCDEQ’s website. The NC…
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Utica National Insurance Group and Insurance People School Safety Excellence Award - South Carolina Utica National Insurance Group is one of the leading national insurance carriers in School Safety and Risk Management. The insurance group, known for actively promoting exceptional safety procedures, uses strategic partnerships with innovative safety companies to help Risk Advisors offer their charter school clients a complete and well-rounded risk management program. In unprecedented fashion, charter school leaders along on the East Coast are completely buying in on creating forward-thinking and risk-adverse institutions. Due to the overwhelming acceptance of the risk management tools and procedures, Utica National Insurance Group created the School Safety Excellence Award Program to honor those that made extraordinary efforts to make their schools a safer place. Utica National’s School Safety Excellence…
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