Worker’s Compensation Claims Causing Your Rates Too Skyrocket?

In the past few years have you’ve been hit by phony workers compensation claims, by a few rotten apple employees, for hundreds of thousands of dollars?

Have these claims caused your insurance company to drop coverage or drastically increase rates?

Do you have a debit “Experience Modification Factor (EMR)” of 1.25, 1.50, 1.75 or higher causing skyrocketing premiums and loss of work?

There are employees who habitually put in claims. Some do it every few years. Some do it within days of employment. Almost all receive help from an attorney. Together they can destroy a company’s loss experience.

Then there are people not even your employees that go directly to your state’s Workers Comp Board to file claims. One day when you open your mail you learn you have a new claim that wasn’t reported which puts you in an uncomfortable and disadvantaged position with your insurance company.

Here’s what happened to one employer. He’s a New York City General Contractor. One of his employees was installing flooring and while carrying flooring slats pinched his finger. Employee filed claim, insurance company paid for his medical bills and a few weeks lost wages. When payment was about to stop he started complaining his shoulder hurt. The carrier then had to increase their reserve to over six figures.

For same employer, he hired a person that had a soccer injury five years previous to employment. Within weeks of starting work, person put in claim for a knee injury.  No one saw him get hurt. Actually he told several co-workers what he was doing. They told the boss. The carrier still had to set up a reserve for $310,000.

Between two claims, amounting to over $400,000, his carrier non-renewed coverage. Please note prior to claims he never had a loss. He also had the same carrier for 5 years.

What can you do if you have a run of bad luck or a few rotten apples destroying your loss experience? We have a GREAT SOLUTION but before we tell you, read about these 4 cases.

Examples:

  1. We helped a Long Island Tree Contractor with over $1.2 million in claims get coverage for half what he was paying. His carrier was charging him $200,000.
  2. We helped a Queens Demolition contractor whose company non renewed him due to $650,000+ in claims replace coverage with a carrier whose rates were lower than what he previously paid.
  3. We helped a Brooklyn General Contractor who was being non-renewed by his carrier with over $1 million in losses replace coverage with slightly lower rates.
  4. We helped another Brooklyn General Contractor who had $1 million in claims, most scam claims, replace coverage at comparable pricing.

When an employer has a run of bad luck their only alternative is to get coverage through a state or assigned risk plan. When they do they usually pay through the nose. Being in contact we hear how they STRUGGLE. Customer’s owing them money doesn’t help.

ARTICLE BREAK:

HOW WOULD YOU LIKE TO GET MONEY BACK ON YOUR PAST SEVEN (7) YEAR WORKER’S COMPENSATION POLICY’S? 

There are mistakes insurance companies make when calculating premiums.  There are credit’s employers are entitled to that may not have been applied. Experience  Modification Factors have mistakes.  Audits have mistakes.  Working on a Contingency basis, we review your policies and if there’s mistakes get you money back.  You sign three documents, we do all the work.  This is a complete WIN situation for YOU!  Interested call Gary Wallach at 914-806-5853

ARTICLE CONTINUED:

Let BGES GROUP (that’s us) who specialize at Worker’s Compensation do for YOU what we’ve done for these 4 business owners. This is our specialty. We’ve been at it for 39 years.  If you’re in trouble let us get you out of it.

Here’s What Some Say About Us On “Google Review.”

I highly recommend BGES Group if you are in need of help figuring out your workers compensation or disability rights. When you are completely lost and confused and full of complicated questions, like myself, call BGES and speak to Gary. His patience and kind demeanor made me feel comfortable and confident that he is extremely knowledgeable and genuinely wants to help you. Their customer service is excellent, I received an immediate call back and Gary remained on the phone with me answering every question honestly and remained patient through our lengthy conversation which concluded in a very favorable outcome for my family and I. Thank you so much Gary, your kindness is much appreciated. Michael

Absolutely the best agent my business has dealt with ever!!! Gary is the ultimate professional. He is both prompt and efficient with his services and is able to find the best pricing as well. I highly recommend his services! Eric

Gary is a non stop guy. He got me my insurance for a better price with the same coverage! Thanks Gary. Doug

I received almost instantaneous response on all my requests. And they certainly do a great job in obtaining the best insurance provider for my business. Very happy with their service. Mario

For help call Gary Wallach, Monday through Sunday, 9am to 9pm, at 914-806-5853. Email us at bgesgroup@gmail.com.

About Our Agency:

  • We are construction insurance specialists.
  • Been insuring contractors since 1981.
  • Our group does $200+ million in business.
  • One of our specialties is Worker’s Compensation. We can help you deal with some real thorny issues.
  • We have “Main Street” GL programs for New York City contractors (we cover NY, NJ, CT) that just a handful of agencies have.
  • We have purchasing leverage and can get you excellent rates.
  • On any given day we have a great pulse on the market place. If there is a new program out there that you can benefit from we will find it.
  • We have a program to screen all your subcontractor’s insurance policies so you don’t have to do it.
  • We offer Property, General Liability, Umbrella Liability, Business Auto, Bid & Performance Bonds, Workers’ Compensation, N.Y.S. Disability, Group Health and Personal Lines (Homeowners, Personal Auto, Personal Umbrella, Boat, Jewelry, Fine Arts) insurance policies.

BGES Group’s office, located in Larchmont, NY is a full service insurance agency offering, Property, Liability, Umbrella Liability, Business Auto, Bid & Performance Bonds, Inland Marine, Worker’s Compensation, New York State Disability, Group Health, Life insurance, Personal lines and Identity Theft.

Special Contractor Insurance Programs (NY, NJ, CT) – We we have 50+ insurance companies to market your general liability, umbrella liability, business auto, workers compensation, bid & performance bonds and group health coverages. We help contractors set up proper risk transfer. If you’re a contractor we offer extensive information about insurance markets, coverages, risk transfer, subcontractor screening, ways to lower your insurance costs.

BGES Group are Worker’s Compensation Specialists for the States of New York, New Jersey and Connecticut – Issues we address: 1) Lowering pricing – we have specialty programs that can save you up to 40%; 2) Finding a new company; 3) Replacing policies that are being cancelled or non renewed; 4) Audit disputes; 5) Company creating fictitious payroll at audit time; 6) Lowering high experience modifications factors; 7) Misclassification of payrolls; 8) Lowering or eliminating renewal deposits;  9) Getting coverage when you’ve been without for a few months; 10) Covering multiple states under one policy; 11) Eliminating 10% service or policy fees; 12) Timely issuance of certificates; 13) Always being able to get someone on the phone or by email when you need to.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

e-mail: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2021 – BGES Group

Contractors – Hate What You Pay for Your Liability Policies? There Is a Solution!

If you are a tri-state contractor who operates within New York City’s 5 boroughs most likely you’re paying EXORBITANT PREMIUMS for your liability policies (General and Umbrella Liability).

Making matters worse, here we are in 2021, in the middle of a pandemic and insurance companies are increasing renewal rates yet again 10% or more!

This is beyond crazy!  Most contractors feel they work for their insurance companies. Quite a few if their policies included “Labor Law” closed shop.

Did you know 95%+ of the insurance brokers are incompetent when it comes to insuring contractors?  They know more than you but “THEY ARE HAZARDOUS TO YOUR WEALTH!”  That’s because they don’t understand the contractual nuances of the policies they sell you.

Most contractors that operate within the 5 boroughs are insured through “Surplus Lines Carriers.”  Most “SLC” policies have exclusions, restrictions and limitations that are designed to pigeon hole coverage.

For example, “Blanket Additional Insured.”  One form covers all additional insured’s you by contract agree to cover.  Another form covers additional insured’s you ONLY have a signed, written and executed agreement with.  Know the difference?  There’s a big one.

Example: You’re a plumber who signs a contract with a GC.  In the agreement the GC requires you to cover 20 additional insured’s in addition to the GC.  Under the first form everyone would be covered.  Under the second only the GC is covered leaving the other 20 uncovered and YOU with a serious uncovered contractually legal obligation.  You find out the issue at time of claim when your insurance company sends you a denial letter.

How would you like to lower your 2021 rates and get better coverage, less exclusions and less restrictions?  How would you like to have your account marketed to “THE BEST PROGRAMS FOR TRI-STATE CONTRACTORS?”  Know 95%+ of agencies don’t have access to these programs.  WE DO!

Another very important issue is screening subcontractor’s policies.  Would you like someone else to do it for you?  We have a whole department set up for this. Why this is so important is because in your policies there’s very strict wording regarding subcontractors insurance.  Failure to comply can and most likely DOES leave you without coverage.

BGES Group are “Tri-State Construction Insurance Experts.”  This is our specialty and we’ve been insuring contractors for 39 years.  We are “Preferred Agents” for MANY “Main Street Programs” which means we could end up cutting your costs by up to 50% while getting you better coverage.  (We did so for a Queens Contractor.  He was paying $393,000.  We reduced his premiums to $197,000).  We also represent the “Top Programs for contractors” and 50+ “Surplus Line Carriers” too.

You know what Costco and IBM have in common with BGES Group? One has incredible buying power.  The other has very smart people working for them.  That’s what you get working with BGES Group.  Note our group does billions in premium with insurance companies yet you deal with one person who you’ll ALWAYS be able to reach day or evening Monday thru Sunday guaranteed!

BGES Group also offers property, inland marine, bid and performance bonds, auto, workers compensation, N.Y.S. disability, group health and personal lines insurance.

Want better rates, better coverage, better service, call Gary Wallach TODAY by dialing 914-806-5853 or emailing bgesgroup@gmail.com.

BGES Group’s office, located in Larchmont, NY is a full service insurance agency offering, Property, Liability, Umbrella Liability, Business Auto, Bid & Performance Bonds, Inland Marine, Worker’s Compensation, New York State Disability, Group Health, Life insurance, Personal lines and Identity Theft.

Special Contractor Insurance Programs (NY, NJ, CT) – We we have 50+ insurance companies to market your general liability, umbrella liability, business auto, workers compensation, bid & performance bonds and group health coverages.  We help contractors set up proper risk transfer.  If you’re a contractor we offer extensive information about insurance markets, coverages, risk transfer, subcontractor screening, ways to lower your insurance costs.

BGES Group are Worker’s Compensation Specialists for the States of New York, New Jersey and Connecticut – Issues we address: 1) Lowering pricing – we have specialty programs that can save you up to 40%; 2) Finding a new company; 3) Replacing policies that are being cancelled or non renewed; 4) Audit disputes; 5) Company creating fictitious payroll at audit time; 6) Lowering high experience modifications factors; 7) Misclassification of payrolls; 8) Lowering or eliminating renewal deposits;   9) Getting coverage when you’ve been without for a few months; 10) Covering multiple states under one policy; 11) Eliminating 10% service or policy fees; 12) Timely issuance of certificates; 13) Always being able to get someone on the phone or by email when you need to.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

e-mail: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2021 – BGES Group

The Untold Truths about Having Your Worker’s Compensation Policy Directly With an Insurance Company

The Untold Truths about Having Your Worker’s Compensation Policy Directly With an Insurance Company, Payroll Company or an Insurance Agency That Services Hundreds, Thousands of Accounts!

DANGER!  Working With These Companies Can Be Hazardous To Your Wealth!

Some Questions:

  1. Who is watching my rates? Do you think an insurance company wants to lower or raise your rates after the first year of being with them?
  1. Am I getting all the credits I’m entitled to? If you’re dealing directly with an insurance company, we doubt it.  It’s our opinion they lure you in the first year with price then each year raise them.  We have never seen an insurance company, on renewal call up a policy holder to discuss all the credits they are entitled to.

 

  1. Do I have the right coverage? In a state or assigned risk plan?  You may not.  If you have employees who work out of state you may have a financially crippling uncovered exposure.
  1. Am I being charged correctly at audit time? We know plenty of companies whose auditors are in and out.  They give the policyholder no information about payroll or classification rules. They have their marching orders and we’ve seen many business owners pay thousands, tens of thousands more at audit.

 

  1. Who is servicing my account? When you call is the person you speak to a customer service representative (CSR) or experienced professional?  Let’s face it.  Most CSR’s are nice, pleasant but robot, paper pushers. They have such a volume of work they don’t have time to think let alone give your account the attention it deserves. They have a low level of insurance knowledge and most appear to be part timers or licensed insurance brokers with years of experience.
  1. In a program where a “Program Manager” charges you a 10% service fee? Did you know the reason you have to pay them is not based on servicing but based on “They Control the Program and You aren’t Getting in Unless You Pay Their Membership Fee.”  One Program Manager wanted to charge our client $40,000, another client $30,000.  Ridiculous!  What have they done for you lately?  Do they ever call you?  Come see you?  Are they there for you when a problem arises (i.e. audit dispute)?
  1. Is my payroll company transparent? Are you aware of all their fees?  Is your company’s compliance department making it tough to do business?  Are the people servicing your account knowledgeable, do they ask you questions about your operations so you are covered properly?  We find it hard to believe that payroll companies with hundreds, thousands of accounts can service them properly.
  1. Does your insurance agency service hundreds of accounts? If so how in the world can they service anyone’s account properly?  Usually their CSR’s have so much work they are paper pushers, robots.  They process your policy (and make plenty of mistakes doing so), make no recommendations, do not understand the technicalities of most policies, do not remarket your account, you’ll never hear from them unless you call and charge policy and service fees that are arbitrarily made up.  Agencies have become factory like.  Increasing costs have caused them to cut staff and require inexperienced CSR’s to service way too many accounts.

What We Can Offer You: 

  1. Having your account taken care of by our principal who is a Worker’s Compensation Specialist (one of his areas of specialty) and has 39 years experience.  When you call he will answer.  When you need anything it will be taken care of immediately.  This person knows the rules and regulations of the workers compensation system and will save you every dollar you are entitled to and make sure you are covered properly.
  1. The ability to have your policy quoted by up to 15 companies.

3.  You’ll ALWAYS receive “Very Important Person (VIP)” service.  We operate like our father and grandfather did.  Very personnel,  make office visits, frugal with your money, sincerely and genuinely care about you as a client. You will not be billed for ridiculous policy fees, service fees.

4.  In a nutshell if you are sick of working with financial institutions that are greedy, whose service is poor, whose personnel have limited knowledge, are overworked and are robot, paper pushers and rather deal with a “Firm Principal” who has 37 years experience, a street fighter, frugal with your money, genuinely caring, who gets the job done contactà

BGES Group’s office, located in Larchmont, NY is a full service insurance agency offering, Property, Liability, Umbrella Liability, Business Auto, Bid & Performance Bonds, Inland Marine, Worker’s Compensation, New York State Disability, Group Health, Life insurance, Personal lines and Identity Theft.

Special Contractor Insurance Programs (NY, NJ, CT) – We we have 50+ insurance companies to market your general liability, umbrella liability, business auto, workers compensation, bid & performance bonds and group health coverages.  We help contractors set up proper risk transfer.  If you’re a contractor we offer extensive information about insurance markets, coverages, risk transfer, subcontractor screening, ways to lower your insurance costs.

BGES Group are Worker’s Compensation Specialists for the States of New York, New Jersey and Connecticut – Issues we address: 1) Lowering pricing – we have specialty programs that can save you up to 40%; 2) Finding a new company; 3) Replacing policies that are being cancelled or non renewed; 4) Audit disputes; 5) Company creating fictitious payroll at audit time; 6) Lowering high experience modifications factors; 7) Misclassification of payrolls; 8) Lowering or eliminating renewal deposits;   9) Getting coverage when you’ve been without for a few months; 10) Covering multiple states under one policy; 11) Eliminating 10% service or policy fees; 12) Timely issuance of certificates; 13) Always being able to get someone on the phone or by email when you need to.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

e-mail: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2021 – BGES Group

Business Compromise Scams Continue Climbing

While companies scramble to protect themselves against cyber criminals and malicious attacks on their servers, there is a growing amount of business compromise crime that uses both technology and a human touch to extract funds from businesses.

Businesses have lost millions of dollars to social engineering scams, where attackers impersonate a company president or executive who is authorized to approve wire transfers to trick employees into transferring funds into a fake client or vendor account.

In other social engineering scams, employees may actually get a phone call from the criminal who tells them he is an accountant for a client company or a manager in order to get them to transfer funds or divulge banking information.

According to the FBI’s Internet Crime Complaint Center, in 2019 U.S. businesses were hit with an estimated 23,775 business e-mail compromise scams that resulted in aggregate losses of $1.7 billion. Figures for 2020 are not yet available.

Vishing — or voice phishing — attacks have been growing, but the COVID-19 pandemic put it into overdrive. The FBI in January 2021 warned of an increase in vishing attacks targeting employees working remotely in the pandemic, and of the heightened risks companies face when network access and broadening of online privileges may not be fully monitored.

Remote workers are good targets because they are more isolated and distracted. Also, they do not have onsite support and are often less vigilant about cybersecurity than when they are working in the office.

How to train employees

Providing practical employee phishing training is key to keeping your company safe. The following are activities and tips to help you train employees to stay vigilant.

The FBI and CISA advise companies to:

  • Consider instituting a formal process for validating the identity of employees who call each other,
  • Restrict VPN connections to managed devices only (meaning not on employees’ personal devices),
  • Restrict VPN access hours, and
  • Employ domain monitoring to track the creation of or changes to corporate brand-name domains.

Remote workers should be more vigilant in checking internet addresses, more suspicious of unsolicited phone calls and more assertive in verifying the caller’s identity with the company.

When training staff, you should:

  • Explain what exactly vishing and phishing is, how it happens, and what risks it poses on a personal and company level.
  • Explain the different methods of phishing attacks, including but not limited to those listed above.
  • Train your workers in identifying signs of phishing attacks, like e-mails with erroneous spelling and grammar, incorrect e-mail addresses (for example BobS@Startbucks.com), and fraudulent URLs.
  • Train your staff in recognizing phishing links, phishing attachments and spoofed e-mails. Additionally, your employees should know what steps to take after they identify a threat.
  • Conduct phishing simulation training during which employees are sent fake phishing e-mails. The results should be shared with them to show them how they fell for the scam and the damage that being duped into clicking on a malicious link can cause.

Insurance

As vishing and business e-mail compromise scams increase, more employers are seeking to add coverage in their commercial crime policies. Typically, these policies have been used to cover losses for internal theft, but lately about 50% of claims are for losses related to phishing and vishing scams.

The price of social engineering coverage varies by risk and limit, but it can often be added to a crime policy as a rider.

One thing though: social engineering coverage will often have lower limits than a typical commercial crime policy because of the risk of much larger financial losses than a company could expect from internal theft or white-collar crime perpetrated by an employee.

BGES Group’s office, located in Larchmont, NY is a full service insurance agency offering, Property, Liability, Umbrella Liability, Business Auto, Bid & Performance Bonds, Inland Marine, Worker’s Compensation, New York State Disability, Group Health, Life insurance, Personal lines and Identity Theft.

Special Contractor Insurance Programs (NY, NJ, CT) – We we have 50+ insurance companies to market your general liability, umbrella liability, business auto, workers compensation, bid & performance bonds and group health coverages.  We help contractors set up proper risk transfer.  If you’re a contractor we offer extensive information about insurance markets, coverages, risk transfer, subcontractor screening, ways to lower your insurance costs.

BGES Group are Worker’s Compensation Specialists for the States of New York, New Jersey and Connecticut – Issues we address: 1) Lowering pricing – we have specialty programs that can save you up to 40%; 2) Finding a new company; 3) Replacing policies that are being cancelled or non renewed; 4) Audit disputes; 5) Company creating fictitious payroll at audit time; 6) Lowering high experience modifications factors; 7) Misclassification of payrolls; 8) Lowering or eliminating renewal deposits;   9) Getting coverage when you’ve been without for a few months; 10) Covering multiple states under one policy; 11) Eliminating 10% service or policy fees; 12) Timely issuance of certificates; 13) Always being able to get someone on the phone or by email when you need to.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

e-mail: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2021 – BGES Group

Eight Insurance-cost Saving Tips for New Year

As March, 2021 gets underway, now is a good time to review your home safety and insurance plans for the rest of the year.

Make sure this year that you make your home safety a priority, and also ensure that you get the most bang for the buck with your insurance coverage.

You can follow these tips:

Home security system

If you don’t have a home security system, you should seriously consider getting one to protect your hard-earned assets and home investment. The good news is that if you get one that is monitored by a central station, or that is tied directly to a local police station, you don’t only protect your home, as you may also receive a discount on your homeowner’s insurance premium.

Install additional smoke alarms

As with a home security system, you can also reduce your insurance premium by installing smoke alarms, not to mention saving your life in case of a fire. Installing them in older homes can shave 10% or more from your premiums.

Some insurance companies will also give further discounts if you install additional smoke detectors.

Raise your deductible

You can reduce your insurance premium by raising your deductible if you are confident you can absorb the cost of paying that out-of-pocket expense if you incur a claim.

Multiple policy discounts

Many insurance companies will extend a discount of 10% or more to policyholders that have multiple policies with the insurer (such as auto and homeowner’s). Ask us for a quote for other types of insurance from the company that writes your homeowner’s policy.

Plan wisely for expansion

If you plan to build an addition to the home or a structure adjacent to the home, like a gazebo, know that you’ll pay more for your insurance, depending on how it’s built. Wood-framed structures cost more to insure because they are flammable. If you go with cement or steel-framing, you’ll pay less since they are less susceptible to damage from fire and bad weather.

Costly fun 

Pools and trampolines can have a significant impact on your insurance costs and add 10% or more to your premium.

Consider coverage type

If you purchase “guaranteed replacement value” homeowner’s insurance, your insurance will cover the entire cost of rebuilding your home after a covered calamity. Coverage limits on such a policy increase as the cost of construction and materials rises.

Make or update a home inventory

A comprehensive home inventory catalogue allows your home and belongings to be recovered, rebuilt and replaced after a loss. While this won’t help you save on your premium, it will prepare you in case you have to file a claim. With a home inventory, you’ll know exactly what you have lost in a fire, for example.

BGES Group’s office, located in Larchmont, NY is a full service insurance agency offering, Property, Liability, Umbrella Liability, Business Auto, Bid & Performance Bonds, Inland Marine, Worker’s Compensation, New York State Disability, Group Health, Life insurance, Personal lines and Identity Theft.

Special Contractor Insurance Programs (NY, NJ, CT) – We we have 50+ insurance companies to market your general liability, umbrella liability, business auto, workers compensation, bid & performance bonds and group health coverages.  We help contractors set up proper risk transfer.  If you’re a contractor we offer extensive information about insurance markets, coverages, risk transfer, subcontractor screening, ways to lower your insurance costs.

BGES Group are Worker’s Compensation Specialists for the States of New York, New Jersey and Connecticut – Issues we address: 1) Lowering pricing – we have specialty programs that can save you up to 40%; 2) Finding a new company; 3) Replacing policies that are being cancelled or non renewed; 4) Audit disputes; 5) Company creating fictitious payroll at audit time; 6) Lowering high experience modifications factors; 7) Misclassification of payrolls; 8) Lowering or eliminating renewal deposits;   9) Getting coverage when you’ve been without for a few months; 10) Covering multiple states under one policy; 11) Eliminating 10% service or policy fees; 12) Timely issuance of certificates; 13) Always being able to get someone on the phone or by email when you need to.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

e-mail: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2021 – BGES Group

OSHA, Workers’ Comp Implications for Telecommuting

As more Americans work from home than ever before, many employers are wondering about their obligations under OSHA as well as how to reduce the chances that workers may be injured while telecommuting.

Obviously, the chances of an injury when working from home are small. The most common issue that is likely to arise is long-term injuries from poor workstation design, which can result in carpal tunnel syndrome and other stress and ergonomic injuries that develop over time.

For the most part, employers should approach workplace safety for telecommuting workers as they would safety for office workers, particularly workstation design and arrangement (ergonomics) as well as work scheduling and distribution.

Duties under OSHA

OSHA’s General Duty Clause applies to any place an employer has staff working, be that at the company’s facilities or worksites, at a customer’s worksite, or even if they work from home.

Under the clause, employers have a general duty to “furnish to each of his employee’s employment and a place of employment which are free from recognized hazards that are causing or are likely to cause death or serious physical harm to his employees.”

Fortunately, most workplace safety specialists say that employers have little responsibility in ensuring a safe workplace. In fact, OSHA has issued guidance stating that it:

  • Won’t inspect employee’s home offices
  • Won’t hold employers responsible for safety in home offices, and
  • Does not expect employers to inspect home offices.

Workers’ comp still in play

While that is good news, employers are still responsible for any injuries an employee suffers while working from home under workers’ compensation laws.

For an injury to be considered work-related it must:

  • Have happened while the employee is on the clock, and
  • Occur while the worker is performing their work tasks.

With that in mind, employers do have an obligation to ensure that a home worksite is safe in order to prevent injuries, even if OSHA does not require it.

The international law firm of Foley & Lardner, LLP recommends that employers:

  • Provide assistance and guidance to employees regarding the setup of the home worksite. Consider developing a YouTube video or written handout giving instructions pertaining to the setting up of equipment in an ergonomic fashion, electrical setup (i.e., only plug in two electrical devices in an outlet, etc.).
  • Establish a hotline or other communication mechanism for remote employees to call if in need of assistance.
  • Develop a checklist addressing safety and productivity issues and have employees complete the checklist every six months or so.
  • Train employees on a recurring basis (such as annually) as to remote employees’ obligations to report alleged work injuries and/or illnesses, and how to report such injuries and/or illnesses.

Specific tips

  • The desk, chair, keyboard, mouse, terminal, and other accessories should all be at the appropriate heights to reduce strain on the eyes, neck, and wrists:
    • The keyboard and mouse should be at the right height where wrists are in a neutral position.
    • The chair should be at the right height to ensure the employee can type without strain on the wrists and so that they are looking directly straight ahead at the terminal.
    • The terminal should be placed at eye level.
    • The desk should be at the right height to ensure all of the above. A kitchen table or counter would usually not be suitable.
  • Ensure that the equipment is sturdy. For example, the desk should be appropriate height and sturdy enough to handle the weight of any peripheral equipment that your work may place on it (e.g., computers, printers, fax machines, scanners, etc.).
  • Ensure that lighting is properly arranged: there should not be reflections on or glare from the computer monitor.
  • Make sure extension cords and cables are in good condition and do not present a tripping hazard.

The takeaway

While you as an employer are not required under OSHA regulations to inspect your workers’ home’s for compliance, it is a good idea to give them guidelines for how to set up their home office and also work with them to supply any needed furniture or accessories they would need to safely carry out their work tasks.

You may also want to consider asking them to install a smoke alarm in their home and that they have a plan to evacuate in case of fire or other emergency. Also if they have a lot of electrical equipment, there should be sufficient ventilation.

BGES Group’s office, located in Larchmont, NY is a full service insurance agency offering, Property, Liability, Umbrella Liability, Business Auto, Bid & Performance Bonds, Inland Marine, Worker’s Compensation, New York State Disability, Group Health, Life insurance, Personal lines and Identity Theft.

Special Contractor Insurance Programs (NY, NJ, CT) – We we have 50+ insurance companies to market your general liability, umbrella liability, business auto, workers compensation, bid & performance bonds and group health coverages.  We help contractors set up proper risk transfer.  If you’re a contractor we offer extensive information about insurance markets, coverages, risk transfer, subcontractor screening, ways to lower your insurance costs.

BGES Group are Worker’s Compensation Specialists for the States of New York, New Jersey and Connecticut – Issues we address: 1) Lowering pricing – we have specialty programs that can save you up to 40%; 2) Finding a new company; 3) Replacing policies that are being cancelled or non renewed; 4) Audit disputes; 5) Company creating fictitious payroll at audit time; 6) Lowering high experience modifications factors; 7) Misclassification of payrolls; 8) Lowering or eliminating renewal deposits;   9) Getting coverage when you’ve been without for a few months; 10) Covering multiple states under one policy; 11) Eliminating 10% service or policy fees; 12) Timely issuance of certificates; 13) Always being able to get someone on the phone or by email when you need to.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

e-mail: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2021 – BGES Group

Insurers Expected COVID-19 Workers’ Comp Surge; It Never Came

COVID-19 workers’ compensation claims have not been as widespread as insurers and ratings agencies around the country had predicted when the pandemic first started in early 2020.

Also, a large chunk of COVID-19 workers’ compensation claims filed by workers nationwide have been rejected, with insurers often citing lack of proof that the illness was contracted in the workplace.

The insurance industry was bracing for a deluge of workers’ comp claims when the seriousness of the pandemic became evident. This was especially true more as states passed laws requiring that essential workers be eligible for workers’ compensation benefits if they contracted the coronavirus. The laws introduced the presumption that if an essential worker came down with the disease, they had contracted it on the job.

Hundreds of thousands of COVID-19 claims were filed by workers around the country last year, but insurers were never overwhelmed. That’s because the number of other, more typical workers’ compensation claims tumbled dramatically as more employees were asked to work from home, while others were laid off in droves as plants shut down or business slowed.

With fewer people working on-site, the number of other workplace injuries and illnesses dwindled, experts say.

In the nine months ended Sept. 30, workers’ compensation payments and liabilities fell 7.6% from the same period of 2019, according to the National Council on Compensation Insurance (NCCI), which is the rate-making agency in more than 30 states.

Rejected claims

As mentioned, a significant percentage of COVID-19 workers’ compensation claims have been rejected. For example:

  • In California, which has a law that extends the presumption that a case was contracted at work for anybody working on-site, 26% of the 93,470 COVID-19 claims filed in 2020 were denied.
  • In Texas, which has no presumption for COVID-19, 45% of the 32,000 related workers’ comp claims were denied, despite those workers testing positive.
  • In Florida, which has given front-line workers who are state employees a presumption of eligibility, 22% of state employees’ coronavirus-related workers’ comp claims were denied last year, compared to 56% of cases for workers in the private sector. The NCCI also noted that fewer than 2% of COVID-19 workers’ compensation claims cost more than $10,000.

Payouts lower than expected

Another factor is that even COVID-19 claims that were accepted, often did not end up costing the insurers as much as they expected to pay out because the majority of sick workers did not require any hospital stays or treatment. The percentage of workers requiring treatment was smaller than expected.

Insurers also say that many claims were likely never reported in the first place, particularly when workers had mild or no symptoms.

That’s backed by the NCCI, which recently issued a report showing that:

  • 20% of COVID‐19 medical claims had an inpatient stay.
  • Of those claimants with an inpatient stay, 19% were in an ICU for some portion of their time in hospital.
  • The average length of inpatient stays for COVID‐19 medical claims was 7.5 days.
  • The average cost per day was $5,400, totaling on average $38,500 per inpatient stay.
  • COVID‐19 medical claims requiring an ICU visit tended to incur longer and more expensive inpatient stays, at 11.5 days and $67,300 per inpatient stay, respectively.

BGES Group’s office, located in Larchmont, NY is a full service insurance agency offering, Property, Liability, Umbrella Liability, Business Auto, Bid & Performance Bonds, Inland Marine, Worker’s Compensation, New York State Disability, Group Health, Life insurance, Personal lines and Identity Theft.

Special Contractor Insurance Programs (NY, NJ, CT) – We we have 50+ insurance companies to market your general liability, umbrella liability, business auto, workers compensation, bid & performance bonds and group health coverages.  We help contractors set up proper risk transfer.  If you’re a contractor we offer extensive information about insurance markets, coverages, risk transfer, subcontractor screening, ways to lower your insurance costs.

BGES Group are Worker’s Compensation Specialists for the States of New York, New Jersey and Connecticut – Issues we address: 1) Lowering pricing – we have specialty programs that can save you up to 40%; 2) Finding a new company; 3) Replacing policies that are being cancelled or non renewed; 4) Audit disputes; 5) Company creating fictitious payroll at audit time; 6) Lowering high experience modifications factors; 7) Misclassification of payrolls; 8) Lowering or eliminating renewal deposits;   9) Getting coverage when you’ve been without for a few months; 10) Covering multiple states under one policy; 11) Eliminating 10% service or policy fees; 12) Timely issuance of certificates; 13) Always being able to get someone on the phone or by email when you need to.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

e-mail: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2021 – BGES Group

Seven Ways to Reduce Your Homeowner’s Premiums

Everybody wants to save money on their insurance premiums. If you own a home, you actually have a number of options for getting discounts on your homeowner’s coverage.

There are some obvious ways, like installing fire-resistant siding and smoke detectors in the home. You can also get discounts if you purchase your car insurance from the same company that insures your home.

But there are many other credits available to reduce the costs of homeowner’s insurance that you may not be aware of. Here are seven ways that many homeowners don’t know about:

  1. Gated community credit – If you own a home within a gated community, you may be able to save 5% to 20% off your premium, according to Bankrate.com. The discount falls under loss mitigation, as the extra security of such a location makes your property a less attractive burglary target.
  2. New wiring credit – According to the National Fire Protection Association (NFPA), U.S. fire departments respond to an average of 44,880 home structure fires involving electrical failure or malfunction annually. These fires result in 440 civilian deaths, 1,250 civilian injuries and $1.3 billion in direct property damage. If you own an older home, you may qualify for a 10% credit on your insurance premium if you replace the wiring.
  3. Impact-resistant roofing credit – Roofs are damaged from rain, hail and wind, which can lead to significant home insurance claims. As a result, many insurers offer homeowners a 5% to 10% discount on premiums if they upgrade to an impact-resistant roofing material.
  4. Claims-free credit – If you haven’t filed a homeowner’s claim in the last 10 years, the insurer may be willing to knock as much as 20% off the annual cost of your coverage, according to Bankrate.com. If you’ve been with the same company for years but have had a claim or two in the past, you may still qualify for a long-term customer discount.
  5. New home/home renovation credit – Buy a new home and the insurer may reward you with a discount on your premium. You may be able to get the same discount if you renovate an older property. However, check with us for suggestions on maximizing credits before you begin.
  6. Non-smoker credit – In 2011, an estimated 17,600 smoking-material home structure fires caused 490 civilian deaths (19% of all home structure fire deaths), 1,370 civilian injuries and $516 million in direct property damage, according to the NFPA. While insurers generally raise their rates if there is a smoker in the household, many will also give you a 5% to 15% discount if you don’t have one.
  7. Retiree credit – Retired homeowners tend to spend more time at home, and this means they are more likely to be able to prevent an emergency such as a gas leak or broken pipe from going from bad to worse. If your household includes an adult who is 55 years or older and retired, you may qualify for a discount of 10% to 25%, according to <i>Bankrate.com</i>.

Homeowner’s insurance costs vary based on many factors, including your location and the coverage you select. Contact us today to review your policy and learn if you qualify for any of these cost-reducing credits.

BGES Group’s office, located in Larchmont, NY is a full service insurance agency offering, Property, Liability, Umbrella Liability, Business Auto, Bid & Performance Bonds, Inland Marine, Worker’s Compensation, New York State Disability, Group Health, Life insurance, Personal lines and Identity Theft.

Special Contractor Insurance Programs (NY, NJ, CT) – We we have 50+ insurance companies to market your general liability, umbrella liability, business auto, workers compensation, bid & performance bonds and group health coverages.  We help contractors set up proper risk transfer.  If you’re a contractor we offer extensive information about insurance markets, coverages, risk transfer, subcontractor screening, ways to lower your insurance costs.

BGES Group are Worker’s Compensation Specialists for the States of New York, New Jersey and Connecticut – Issues we address: 1) Lowering pricing – we have specialty programs that can save you up to 40%; 2) Finding a new company; 3) Replacing policies that are being cancelled or non renewed; 4) Audit disputes; 5) Company creating fictitious payroll at audit time; 6) Lowering high experience modifications factors; 7) Misclassification of payrolls; 8) Lowering or eliminating renewal deposits;   9) Getting coverage when you’ve been without for a few months; 10) Covering multiple states under one policy; 11) Eliminating 10% service or policy fees; 12) Timely issuance of certificates; 13) Always being able to get someone on the phone or by email when you need to.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

e-mail: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2021 – BGES Group

Unhappy With Your Insurance Agency/Broker? Feel It’s Time For a Switch or at Least Speak To Someone Else and Explore Your Options?

In the 39 years we’ve been in business we come across a lot of different insurance agencies and brokers. Most are caring, well intentioned however quite a few are incompetent, order takers who write policies then forget you.

We want you to know our office offers “Boutique Service” where you deal with one person, the owner, who has 39 years experience, is text book and street smart. When you call in seconds you get him on the phone, your issues are dealt with immediately, he does not fee you to death and offers “IBM” service. In addition, he has 50+ insurance companies to shop your account with so you get excellent coverage at GREAT rates.

Questions:

  1. How often does your broker come see and review policies with you? How often do they make coverage recommendations?                                —
  2. Does he/she shop your insurance regularly or roll over your policies each year with the same companies?                                                              —
  3. Do you like your broker, trust him/her?  The reason we mention this is because we’ve met quite a few brokers over our lifetime they know more than their customers but are idiots dressed in suits.  Hope we made you laugh!                                                                                                                     —
  4. Who services the day to day on goings of your account?  Is it one person or do you get a different person each time?  Does your account get bounced from one person to the next?  Do you have to deal with a call center?   Alert: Most Customer Service Personnel are nice people but they have 50, 100, 150+ accounts to service so plenty of mistakes are made.   Our office on the other hand is like a “Rodeo Drive” boutique. You deal with the “Top Person” and never have to wait for anything!                     —                                                                                       
  5. Does your broker have the right expertise for your industry?   For example, if you’re a New York Contractor who has their General Liability with a Surplus Lines insurance company, do you believe they know the policy exclusions, restriction, ins and outs of each policy form? Let us assure you these type policies are NOT written to pay claims so it’s very important they be designed by a “Construction Insurance Expert” and this person really knows what they’re doing.                                                                                                —                           
  6. How easy is it to get them on the phone? I personally find it so annoying to call, get an answering machine, push buttons and leave a message.  Then with everyone working remotely, not hearing back from them for hours, days, sometimes ever.                                                             —
  7. If you require certificates of insurance, how quickly do you get them back? Is it minutes, hours or days?  Do they often have mistakes? Do you have to pay a fee for each certificate?                                                                —
  8. Do they fee you for everything?  Hundreds, thousands per policy?  For instance some organizations charge up to a 10% service fee to service your Worker’s Compensation coverage. That is a very high fee to add to a very costly coverage.

Well that’s it for this article! If you’re unhappy with your present agency/broker, please call 914-806-5853 and speak with Gary Wallach.  He is one of the most caring, helpful and knowledgeable brokers we’ve come across in a while. He is responsive, operates like doctors did in the 60’s that made home calls and had very personal relationships with their patients (client’s).

BGES Group’s office, located in Larchmont, NY is a full service insurance agency offering, Property, Liability, Umbrella Liability, Business Auto, Bid & Performance Bonds, Inland Marine, Worker’s Compensation, New York State Disability, Group Health, Life insurance, Personal lines and Identity Theft.

BGES Group are Worker’s Compensation Specialists for the States of New York, New Jersey and Connecticut – Issues we address: 1) Lowering pricing – we have specialty programs that can save you up to 40%; 2) Finding a new company; 3) Replacing policies that are being cancelled or non renewed; 4) Audit disputes; 5) Company creating fictitious payroll at audit time; 6) Lowering high experience modifications factors; 7) Misclassification of payrolls; 8) Lowering or eliminating renewal deposits;  9) Getting coverage when you’ve been without for a few months; 10) Covering multiple states under one policy; 11) Eliminating 10% service or policy fees; 12) Timely issuance of certificates; 13) Always being able to get someone on the phone or by email when you need to.

Special Contractor Insurance Programs (NY, NJ, CT) – We we have 50+ insurance companies to market your general liability, umbrella liability, business auto, workers compensation, bid & performance bonds and group health coverages. We help contractors set up proper risk transfer mechanisms. If you’re a contractor we offer extensive information about insurance markets, coverages, risk transfer mechanisms, subcontractor screening, ways to lower your insurance costs that lower them.

If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

e-mail: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2021 – BGES Group

Malingering, the Gray Area in Workers’ Comp Fraud

Nearly 25% of all lost-time workers’ compensation claims are exaggerated, according to the National Insurance Crime Bureau.

While only a small percentage of workers’ comp claims are fraudulent, quite a few include employees staying away from work even after they’ve been cleared to return by their doctor and when they feel able to work. The term for this is malingering and it can cost an employer a lot of money.

When injured workers malinger, the claim lasts longer than the medical disability. The employee has recovered enough to return to work, but has not gone back.

This can be due to employee intent, a medical provider’s lack of knowledge about the job requirements, employer disinterest, or other reasons. As you can see, it’s not always the employee’s fault.

When an employee malingers and doesn’t return to work when they are able to, the cost of the workers’ compensation claim will continue to rise, counting against the employer’s claims experience. Additionally, malingering can evolve into a self-perpetuating cycle: the longer someone stays away from work, the less likely it is they will ever return.

While it’s not a good idea to spy on your workers at home, you also don’t want one of them drawing out the claim to both your and their detriment. However, there are signs indicating that an injured worker may be malingering.

20 Indicators of Malingering or Fraud

  1. Tips from neighbors, relatives, friends or co-workers that a claimant is actually more active than alleged.
  2. The injury coincided with a company’s reduction of the workforce.
  3. Nurse case manager, doctor and therapist report a healthier and more active claimant than what is alleged.
  4. The lack of organic basis for the disability; most of the complaints and allegations are subjective.
  5. Premature or excessive demands for compensation.
  6. The claimant works in a seasonal occupation.
  7. The claimant often misses their therapy and/or doctor appointments.
  8. Having “dueling doctors,” with one physician stating that the claimant is disabled while another reports a completely different prognosis indicating they are not disabled.
  9. No witnesses to the reported accident.
  10. The claim was reported after the claimant was terminated, suspended or had resigned.
  11. The claimant had only been employed for a short while when the alleged accident occurred.
  12. The claimant is not home when you try to contact them.
  13. The claimant is disabled longer than is normally associated with the reported injury.
  14. The claimant has a history of workers’ comp claims or short-term employment.
  15. The claimant’s job performance has been below average, or they were disciplined at some point.
  16. The claimant’s Facebook or other social media page shows they are more active than they claim they can be.
  17. The claimant has financial problems.
  18. The course of treatment seems to be too much for the injury, like extensive treatment and testing for a minor injury.
  19. If it was a car accident, the damage to the vehicle is inconsistent with the claimed injuries.

The documentation of treatment is suspect — for example, photocopies of bills, no

BGES Group’s office, located in Larchmont, NY is a full service insurance agency offering, Property, Liability, Umbrella Liability, Business Auto, Bid & Performance Bonds, Inland Marine, Worker’s Compensation, New York State Disability, Group Health, Life insurance, Personal lines and Identity Theft.

Special Contractor Insurance Programs (NY, NJ, CT) – We we have 50+ insurance companies to market your general liability, umbrella liability, business auto, workers compensation, bid & performance bonds and group health coverages. We help contractors set up proper risk transfer. If you’re a contractor we offer extensive information about insurance markets, coverages, risk transfer, subcontractor screening, ways to lower your insurance costs.

BGES Group are Worker’s Compensation Specialists for the States of New York, New Jersey and Connecticut – Issues we address: 1) Lowering pricing – we have specialty programs that can save you up to 40%; 2) Finding a new company; 3) Replacing policies that are being cancelled or non renewed; 4) Audit disputes; 5) Company creating fictitious payroll at audit time; 6) Lowering high experience modifications factors; 7) Misclassification of payrolls; 8) Lowering or eliminating renewal deposits;  9) Getting coverage when you’ve been without for a few months; 10) Covering multiple states under one policy; 11) Eliminating 10% service or policy fees; 12) Timely issuance of certificates; 13) Always being able to get someone on the phone or by email when you need to.

 If you would like to speak with us call Gary Wallach at 914-806-5853 or click here to email or click here to visit our website.

Company: BGES Group, 216A Larchmont Acres West, Larchmont, NY 10538

e-mail: bgesgroup@gmail.com

website: http://www.bgesgroup.com

© – Copyright – 2021 – BGES Group