Archive by Author | Jimmy Kinmartin - Business Insurance & Risk Management

8 Key Components of a Business Safety Program

A safe work environment does not happen by accident. A company’s management team must be fully engaged in creating, planning, implementing, communicating and making sure safety programs work and are designed to fit the business. Most importantly, employees have to understand their role in making their workplace safer.

Your company’s safety program should incorporate the following 8 key components:

  1. Demonstrate management involvement – Management must lead by example. A visible demonstration that you embrace a safety culture is imperative to its success. Provide the essential time, budget and resources to create and support a safety program.
  2. Communicate your safety plan clearly – Your safety plan must be published and available to all employees. Reminders and updates should be timely and effective. Allow employees to contribute their suggestions to making the workplace safer.
  3. Get everyone involved – A safety program is likely to be more effective when employees at all levels are involved. Standardized policies should outline responsibilities and accountability for all employees. Safety goals can become part of job descriptions and employee reviews. Safety committees can help ensure that safety practices are understood and reinforced throughout the company. Positive reinforcement of safe behaviors can be an effective way to help build the desired culture.
  4. Train your employees to work safely – Safety training should begin from the moment an employee is hired. Ongoing training is also essential to creating a safety culture.
  5. Review, revise, improve – A safety program should be dynamic, especially since most business environments continue to evolve. An effective safety program should be flexible enough to adjust to changes. Regularly review, evaluate and identify risks that could affect safety, and make the changes necessary to keep your workplace safe.
  6. Create safety standards – Each department should set safety standards through a Job Safety Analysis (JSA) to make sure every task is done correctly and safely. Recognize good safety performance, and cite and correct unsafe practices.
  7. Investigate every incident and accident thoroughly – Properly trained staff with experience in investigation, analysis and evidence collection should conduct an accident analysis as soon as possible after an incident. Report the claim within 24 hours to help ensure prompt response and injury management.
  8. Manage every injury – Even with the best safety program, an employee injury can still occur. Planning helps you to react immediately when an employee is injured on the job. Learn about five strategies that can help you put employees on the road back to productivity.

Initiating a comprehensive program can seem daunting, but I can help businesses like yours take the necessary steps to begin creating a safety culture. Insurance is only one piece of the puzzle. Effective risk management and loss prevention efforts go a long way to keeping insurance premiums down and other costs of doing business.

-JK

Source: Travelers Insurance

Small Businesses Most Vulnerable to Cyber Attacks

According to the 2015 Small Business & Cybersecurity survey, 81% of small business owners think that cyber security is a concern for their small businesses, while 94% either frequently or occasionally think about cyber security issues.

Surprisingly, only 42% of respondents had invested in cyber security protection in the past year, despite the fact that 31% of these businesses had experienced either a successful or attempted cyber attack.

It’s possible that small business owners might simply be spreading themselves too thin. About 83% of small business owners said that they handle cyber security themselves. But given the threat, it was surprising to discover that 95% of small business owners don’t have cyber insurance.

One more stat, 1 in 5 companies uses a cloud services provider. If cloud data is breached, the hiring company (aka your business) is still primarily responsible.

Cyber insurance can offer third-party (cyber liability) and first-party (cyber crime expense) insurance coverage. Most, if not all insurance carriers, have developed cyber security / data breach insurance programs tailored to small businesses.

If you’re interested in exploring the costs of a cyber liability / data breach insurance policy, please contact me to discuss. I have more than several carriers we can quote this coverage with.

-JK

Unplug & Connect

Crikey, it’s been 4/21 since my last post…….whoops. Well I’m back.

Today I saw this ad from Dixie and I thought it was really good. Dixie – a paper plates, bowls, cups and napkins brand, made a commercial that struck a cord with me, who knew? Living in the modern world, all of us can identify with the concept of the ad, “Dark for Dinner.”

Dixie is asking families to remove all distractions, including electronic devices, from their dinner experience, and then share what they learned from going “Dark for Dinner” via social media using the hashtag, #DarkforDinner.

The movement, created by Dixie, launched on June 14 and will take place every Sunday for six weeks. Its designed to encourage families to focus on the present and to “Be More Here.”

Screw Sunday’s, lets do this every night!

-JK

California’s New Mandatory Paid Sick Leave – Workshop

Confused about how to implement the new California sick pay legislation? Candy Messer, President of Affordable Bookkeeping & Payroll, will guide you through all the rules and regulations of this important new state mandate on Tuesday, May 12th, 2015 in Torrance, CA.

Here are a few topics that will be discussed:

  1. What employers are subject to this law?
  2. How is vacation tracked/earned?
  3. When does the law take effect?
  4. When can an employee use sick pay?
  5. Can the sick pay be cashed out at the end of the year?

Click HERE to register.

Here’s a flyer for the workshop:

47-workshop

You won’t be disappointed! Make sure to sign up and hear what knowledge Candy has to share.

-JK

Combining Employee Wellness & Risk Management

Combine your workplace wellness program with your risk management and safety program and you could see big savings on your workers’ compensation costs.

Workers’ compensation is one of a business’ largest operational expenses—and costs are on the rise. According to the Insurance Information Institute, medical costs will account for up to 67 percent of total costs of workers’ compensation claims by 2019.

Integrating workplace wellness with your risk management program can help you control workers’ compensation claim costs by reducing both return-to-work days and the frequency and severity of claims. Not only will you see savings in your employee health care benefits, but you’ll also see a drop in the medical costs associated with workers’ compensation claims.

Workplace wellness programs often focus on risk factors such as smoking and obesity, which lead to higher health insurance premiums. But weight management and fitness also affect on-the-job safety and are risk factors for accidents as well. By integrating your risk management program with your workplace wellness program, you can focus on the total wellbeing of your workers—improving their personal health and fitness while also preventing work-related injuries and illnesses.

So where do you start with integrating these two programs to create one healthy workplace culture? Or what if you don’t even have a wellness program in place yet? Every company is different, and there is not a one-size-fits-all approach that will work for every employer. Consider making a series of small changes first. Start a walking program, which is usually little or no cost. Put healthy food options in the vending machine. Or offer on-site weight management and smoking cessation counseling. Work toward creating a program that tracks participants’ progress.

If you need assistance getting started, I have a variety of workplace wellness resources and tools, in addition to resources to reduce workers’ compensation costs. You’re welcome to contact me if you would like to discuss.

-JCK

Credit: Zywave, Inc.

Long Beach Belmont Pool Demolished in Time Lapse Video

Watch Long Beach’s Belmont Pool get demolished in this time lapse video published by MBI Media.

The Belmont Plaza Olympic Pool was dedicated on August 15, 1968, The building was deemed unsafe due to structural concerns two years ago, leading to its closure and the opening of a temporary pool. It will eventually be replaced by a new, $103.1M swimming facility.

-JK

Slips, Trips & Falls, By The Numbers

Slips, trips and falls are one of the leading causes of unintentional injuries, according to the National Safety Council. Common areas for falls to occur are in doorways, ramps, cluttered hallways, unstable work surfaces, ladders and stairs. But how does this impact insurance? From National Underwriter P&C’s January issue, take a stats-eye view of these slippery expenditures:

Infographic

Source: PropertyCasualty360

-JK

Top 5 Workers’ Compensation Injury Types

OSHA compliance assessment 1Data recently collected from the Bureau of Labor Statistics and the National Academy of Social Insurance shows that 65% of workers’ compensation costs can be traced to five common workplace injury types. By knowing the top five Workers’ Compensation injury types, employers can target those injuries and take action to prevent them.

According to the data, the following are the top five injury types:

  1. Overexertion injuries which are caused by pushing, pulling, carrying, holding or throwing.
  2. Falls on the same level that may happen for a variety of reasons, such as a wet floor or a tripping hazard.
  3. Being struck by equipment or an object, or even a vehicle. These injuries are common in the construction industry.
  4. Falls to a lower level, which can be prevented by using proper fall protection, ladder safety or scaffolding.
  5. Other exertions or bodily reactions, which can cause strains and sprains.

A safe workplace and injury prevention are vital to keeping your workers’ compensation costs down. If your company has an increased number of claims compared to previous years, this can directly affect your experience modification factor (also known as your mod factor) and increase your workers’ compensation premium. On the other hand, decreasing your number of claims can lower your mod factor and your premium.

For more information on workplace safety, including implementing or updating a safety program in your workplace, contact me at (310) 373-6441. We have the tools to help you take control of your workers’ compensation costs.

-JK

Massive Fire In Downtown Los Angeles – VIDEO

An massive apartment complex that was under construction in downtown Los Angeles along with two other buildings were destroyed by huge fire that closed the 110 freeway and various roads early Monday morning around 1:20 AM.

The largest of the buildings destroyed was a 630-apartment complex. The 578,172-square foot development. Two other buildings were damaged by the fire, including external damage to one and several floors of a 16-story hour office tower were affected.

Check out some of the raw video footage posted on Youtube:

-JK

Happy Thanksgiving From Lake Arrowhead, CA

Happy Thanksgiving From Lake Arrowhead, CA! For those that know me, Lake Arrowhead has always been part of life for my family, especially for Thanksgiving. We’ve been coming up here for well over 30 years. Even though it’s another Southern California “Fall” day, with temperatures expected to be in the mid-80’s, Lake Arrowhead is a quick escape from the hustle and bustle of daily life. This is as Fall as it gets in So Cal. Happy Thanksgiving to you and your family!

Lake Arrowhead, CA

View from our deck

-JK