We all do it. We all forget. We forget to turn our headlights off, close the gas cap, or take our coffee off the top of the car before driving off. Sometimes those mind slips can be funny…other times they can be outright disastrous. In this month’s craziest claim, one tiny forgetful incident led to … Continue reading Craziest Claim of the Month – “Mind Slip…Major Damage”
Tag: Workers Compensation
Looking Past the Premium
By: Patrick Keightley, CIC, Vice President Georgetown Insurance Service, Inc. Silver Spring, MD There is no denying that Workers’ Compensation is complex. When choosing a carrier, it is imperative that businesses evaluate a number of factors…not just simply choose based on the premium costs. Two factors that are often overlooked are how carriers historically handle … Continue reading Looking Past the Premium
Why Return To Work Programs Are a Win-Win
By: Patti Maluchnik, CIC, CBIA Georgetown Insurance Service, Inc. Frederick, MD 21703 Return to work programs are an underutilized and undervalued tool that businesses in all industries should look to leverage. These programs have an even larger impact in industries such as construction, where Workers Compensation claims tend to be more prevalent. Not only are … Continue reading Why Return To Work Programs Are a Win-Win
Craziest Claim of the Month – “Bad Luck Booze”
Accidents can happen anywhere, anytime, and to anyone. As the owner of a liquor store, one could expect a reasonable amount of liability to come with that territory. However, in this month’s craziest claim, one business owner was left wondering what in the world had happened as his livelihood (aka liquor) started flowing out … Continue reading Craziest Claim of the Month – “Bad Luck Booze”
Craziest Claim of the Month – The “Acid”ent
Swimming pool cleaning often requires the use of strong chemicals and acids. Due to their associated risk, the chemicals should never be used by anyone but licensed and trained professionals. However, even then accidents can happen. One of our clients, a pool service company, experienced just that despite having their employees undergo extensive training regarding … Continue reading Craziest Claim of the Month – The “Acid”ent
What I thought Insurance Was, What It Actually Is, and What I’ve Learned
By Michael Crowell, Associate Georgetown Insurance Service, Inc. Silver Spring, MD When I first decided to embark upon a new career in insurance, I was all in. I plunged head first into a new career, confident that I would succeed. Expecting an adjustment period and some initial growing pains, I’m going to be honest with you…I … Continue reading What I thought Insurance Was, What It Actually Is, and What I’ve Learned
Craziest Claim of the Month – The Stowaway
One of our clients, a pool servicing company, had a crew working on a customer’s backyard pool. While they were servicing the pool, they discovered a three-foot long black snack. They put the snake into a bucket, put the bucket in the back of the van, and then went back to working on the pool. … Continue reading Craziest Claim of the Month – The Stowaway
Experience Modification Ratings – How Is It Calculated and Can You Lower It?
By: Patti Maluchnik, CIC, CBIA Georgetown Insurance Service, Inc. Frederick, MD Your business’ Experience Modification Rating (EMR) directly impacts your Workers’ Compensation premiums. This blog will explain what an EMR is, what factors contribute to the calculation of your company’s EMR, and share some tips on how you can lower it. What is an Experience … Continue reading Experience Modification Ratings – How Is It Calculated and Can You Lower It?