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Employee injuries and illnesses are not always simple for employers to navigate—making the workers’ compensation claim process increasingly difficult. However, there are a number of measures that employers can take to reduce the cost and complexity of a claim.

Specifically, when employers report claims in a timely fashion—whether to their respective state or workers’ compensation insurance provider—they can potentially minimize their overall claim expenses.

Review the following...

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Workers’ compensation coverage is intended to help your organization cover expenses that may result from employees getting ill or injured on the job. Nevertheless, there is always a chance that one or more of your employees may attempt to take advantage of this coverage by committing fraud.

An employee can participate in workers’ compensation fraud by intentionally misrepresenting their illness or injury—whether that entails lying about the cause or severity of their condition or even...

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Workers’ compensation claims have a variety of different costs associated with them. Some of these costs are expected costs, while others are unexpected. Here’s the difference between these terms:

  • Expected costs are those that are covered by workers’ compensation insurance. Such expenses are commonly referred to as direct costs.
  • Unexpected costs are those that workers’ compensation insurance does not cover. These...
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Owning and operating a hotel can be a rewarding endeavor. However, hotel operators have to manage numerous exposures related to lodging, and many offer amenities—including pools, exercise facilities, bars and restaurants—that can dramatically increase the number of insurable risks. The list below provides an overview of these hotel risks and more, helping you identify potential blind spots in your risk management and insurance programs.

Due to the volume of valuable items and...

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Plumbing contractors provide much-needed services for both residential and commercial customers alike. However, plumbers have a number of unique risks to consider. In fact, any incident involving installing and repairing pipes or fixtures can lead to major property damage, as well as potential legal action.

These challenges are magnified when you consider that risks related to equipment breakdowns, business interruptions and crime must also be addressed. The list below provides an...

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Owning and operating a retail store can be a fulfilling experience. Years of hard work, risk-taking and financial investments have allowed you to turn your dreams of opening a store of your own into a reality. However, many business owners don’t realize how many exposures they must address to keep their business operating smoothly.

Depending on the specific type of store you manage, there are a number of exposures to consider, including risks related to property and merchandise damage...

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Most homes and businesses are outfitted with heating, ventilation and air conditioning (HVAC) systems—systems that require the care of specialized technicians for service. As an HVAC contractor, you are tasked with managing a variety of risks every time you perform maintenance or an installation on behalf of your clients.

Just one incident involving the use of electrical equipment, worker injury or property damage can lead to costs for your business. What’s more, exposures related to...

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With so many different types of insurance to choose from, it can be overwhelming to determine what type is best for your small business. MountainOne Insurance is here to help explain the types of insurance policies available and how they can help protect you, your employees and your business’s bottom line.

Commercial Property Insurance

In the case of a catastrophic event such as a fire, explosion, burst pipe, storm or theft, commercial property insurance compensates you for...

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Landscaping can be a competitive and rewarding field, and years of hard work can help organizations establish a strong customer base and reputation. However, many business owners don’t realize how many exposures they must address to keep their business operating smoothly.

Depending on the complexity of your landscaping company, there are a number of exposures to consider, including risks related to property, worker injuries and even the environment. The list below provides an overview...

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Nonprofit organizations provide essential social services that benefit communities and their members. These organizations cannot survive without a solid volunteer Board of Directors assigned to elect officers, adopt policies and make major financial decisions for the organization. Although the members of the board are volunteers, there is a certain amount of risk involved in holding one of these positions. Specifically, even when acting in good faith, board members are subject to personal...

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