Workers' Comp "tail" continues to grow The percentage of total claims for "late-term" costs - those that will be incurred 20 to 30 years in the future - has been growing and could continue to…
Toole AdminMarch 31, 2013
FBI says they've ID'd infamous thieves who stole half a BILLION dollars of art from Boston's Gardner Museum... The FBI believes it knows the identities of the thieves who stole art valued at up to…
Toole AdminMarch 19, 2013
One of your most valuable assets is your business's reputation. A positive reputation makes it easier to command preferential terms in the purchase of goods/services, attract employment talent, secure affordable financing, dictate a premium price,…
Toole AdminMarch 14, 2013
Business owners in the service industry are always vulnerable to being sued by a customer for improper service that resulted in sickness or injury. With a recent settlement made between the government and a Massachusetts-based…
Toole AdminMarch 10, 2013
Many of us would argue it should have been there all along, but cybersecurity just elbowed its way near the top of the corporate agenda –and not only because of recent high-profile security breaches at…
Toole AdminMarch 7, 2013
To what extent is your business reliant on other businesses and what would be the impact--especially financially--on your operations if that third party had to cease operations due to a covered loss at their premise?…
Toole AdminMarch 4, 2013
In what may be a sign that business owners believe the worst of the economic recession is over, a considerable number of companies think that they'll likely merge or acquire another organization at some point…
Toole AdminMarch 1, 2013
Twelve dos and don'ts of preparing for a premium audit Clerical errors, incorrect classifications, and miscalculations in the premium audit often lead to overcharges. Employers can protect themselves by being properly prepared... Read More. Co-morbidities:…
Toole AdminFebruary 26, 2013
Cyber attacks were a constant ticker across the headline news in 2012, making future breaches to businesses of all sizes, more and more likely to be a reality. Even those with significant resources to prevent…
Toole AdminFebruary 13, 2013
Director Roman Coppola wasn't able to land insurance for his new movie A Glimpse Inside The Mind Of Charles Swan III after casting formerly embattled star Charlie Sheen as his lead. Sheen was fired from…
Toole AdminJanuary 22, 2013
Two months after Hurricane Sandy caused severe flooding in many Chelsea galleries, the bill for the art world’s recovery is shaping up to be hefty. By mid-November, AXA Art Insurance, one of the largest art…
Toole AdminJanuary 5, 2013
If you've had the unfortunate experience of having a loved one need long-term care, then you know how emotionally and financially taxing that can be for all parties involved. Many individuals assume that once they…
Toole AdminDecember 16, 2012
Fine art is an $80 billion global market and the co-founders of Artspace.com think an online marketplace can grab $10 billion to $15 billion of that total. “We're building a marketplace for fine art that…
Toole AdminDecember 8, 2012
Every other week, On Small Business reaches out to a panel of young entrepreneurs for answers to some of the most pressing questions facing small business owners. The following responses are provided by members of…
Toole AdminDecember 5, 2012
When can an employer terminate a worker with a workers’ compensation claim? For any employer considering firing an employee who is out on workers’ comp leave—or recently back from it—don’t make a move before considering…
Toole AdminNovember 30, 2012
In today’s business world, the temporary workforce is growing at a rapid pace. According to the American Staffing Annual Analysis, “In a 2011 McKinsey Global Institute U.S. Jobs Survey of 2,000 employers of all sizes…
Toole AdminNovember 27, 2012
Managing renewals in a changing Workers' Compensation market All indications are that Workers' Comp rates will continue to increase for four to five years. Those employers that understand the market forces driving the changes, how…
Toole AdminNovember 24, 2012
What's your most valuable asset? If this question were presented to the average working American, the popular answers would be something like: my car, my 401k account, or my home. While these responses to the…
Toole AdminNovember 21, 2012
You have been diligent to design, manufacture, and sell a safe and reliable product to your customers. Even with the highest level of attention, the possibility still exists that either a regulatory agency mandated or…
Toole AdminNovember 19, 2012
Amidst the power outages, gas shortages, mass transit shutdowns and school closures left behind in Superstorm Sandy's wake, there's one issue few people are talking about, and that's the cost that homeowners will incur from…
Toole AdminNovember 16, 2012
NEW YORK — All across Chelsea last week, gallery employees lugged artwork out of flooded basements, laid canvases across tabletops, and tried to determine how much inventory could be salvaged from the devastating flood that…
Toole AdminNovember 13, 2012
Receding water after Hurricane Sandy left its ugly mark on the walls of New York's art district, rising up to five feet on some buildings, and gallery owners sifted through the debris on Friday and…
Toole AdminNovember 10, 2012
Efforts in Massachusetts and Texas aimed at curbing the misuse of opioids in the worker' comp system seem to be working, according to a new study examining the longer term use of narcotics in 21…
Toole AdminNovember 2, 2012
At best a power outage is a minor inconvenience that gives the family a chance to eat by candlelight and the kids an opportunity to discover a world away from the TV and computer. But…
Toole AdminOctober 30, 2012
How a holistic approach to health risks plugs leaks in your bottom line The same health risks generating high health care costs also impact absenteeism, presenteeism, Workers' Comp and long-term disability. By identifying risks and…
Toole AdminOctober 27, 2012
The Rate My Professors page for Boston University’s Ray Carney seems particularly divided, even for that contentious forum. It contains superlatives that range from “the most intelligent, thoughtful, and motivating figure I’ve ever encountered in…
Toole AdminOctober 22, 2012
When the topic of life insurance comes up, it's easy to think of the winter classic, It's a Wonderful Life, and good 'ol George Bailey holding his crumpled life insurance policy as the villainous Mr.…
Toole AdminOctober 19, 2012
With the economy still struggling to recover and a considerable number of individuals unable to find employment, some Americans are looking to start their own businesses. While this requires addressing a variety of issues before…
Toole AdminOctober 8, 2012
Five fallacies that trip up Return-to-Work (RTW) programs Even employers who have well established RTW plans can take too much for granted and find claims unexpectedly deteriorating into costly lost-time cases. Learn how to keep…
Toole AdminOctober 5, 2012