Risk Resources
Independent Risk Managers Are A Great Business Team Asset!
RISK SERVICES—Teams can do great things. Teams can accomplish tasks that individuals cannot do on their own or that would take them a lot more time to do by themselves. Teams also take advantage of the strengths of others, with each person adding unique talents and skills to benefit the group. At your company, you probably already have some types…
Workers’ Compensation Savings: Report 2/3 Of Overtime Earnings
RISK SOLUTIONS—A Workers’ Compensation Insurance rule that many businesses may not be aware of is that you only have to report 2/3 of your overtime total when calculating your payroll for the year. When you buy your Workers’ Compensation policy or renew it, you provide an “estimated payroll” for the year. Your premium (or cost) is based on this estimated…
Don’t Flood The Market: Why Shopping Your Commercial Insurance Policies Every Year Is A Big No-No
RISK SERVICES—I’ve heard the Risk Managers in my office mention more than once that “too much shopping around” with your commercial insurance policies is a bad idea. At first, I was just curious as to why. But then I thought business owners and top managers might be interested, as well. So, I asked them to explain. Here are several reasons…
OSHA Now Requires Companies With Off-site Workers To Post Exact Location
RISK EDUCATION—If you have workers out in the field, your company is now responsible for posting location information in case of emergencies. Effective today (Monday, July 15, 2019), an update of Occupational Safety and Health Administration (OSHA) regulations requires companies operating in areas without Enhanced 911 to post location-identifying information in a readily-available spot. Construction sites and other areas where…
My Life And The Blessings
RISK ROUNDUP—As a way of introduction, I am Walter Haney, Sr. I began my work life as a six-year-old on a row crop farm in Lamar County, Alabama, picking up sticks and stalks and plowing off seed beds. Seventy-nine years later, I live 14 miles up the road in Hamilton, Alabama, and now work as a Consulting Risk Manager over…
Insurance Needed For Adult Day Services Centers
RISK SOLUTIONS—Your business is answering a growing need that’s important to not only its Participants, but their Families and Communities. And whether it’s called an Adult Day Services Center, a Senior Day Care Center, an Adult Day Facility, or by another term — to ensure that your business can continue its mission — you need to be adequately protected from…
How To Save 25-35% On Your Company’s Commercial Insurance
RISK SOLUTIONS—The saying, “If it sounds too good to be true, it probably is,” does turn out to be correct in many instances. However, sometimes—as with all sayings—the opposite can be true. Sometimes, something that sounds good IS good. Author Richard Carlson agrees with me on this one. He added to this quote by saying, “In fact, the suspicion, cynicism,…
Who Am I?
I am KING of the Insurance Jungle!!! I return savings of 25% to 35% on all new projects!!! I will get you immediate service from the entire Insurance Marketplace!!! My only aim is coverage (for you), price reduction (for you) and service (for you)!!! I take no compensation from any Insurance Company!!! Who am I? You say an Insurance Agent?…
8 Commercial Insurance Myths BUSTED By Risk Managers
Risk Education—If you do a Google search for “Myth,” several of the definitions that pop up include gentle phrases, such as “a widely held, but false belief or idea,” “fallacy,” “fabrication,” and “untruth.” You probably won’t be surprised to see stronger terms like “lie” and “fake news.” You might possibly disagree with the characterization of “alternative fact.” (I know I…
Beware The Ides Of March: Insurance Your Business Needs Now
RISK PREVENTION—Business owners and top managers face risks each and every day—not just on the Ides of each month. Not familiar with “Ides?” You’ve probably heard, “Beware the Ides of March,” a phrase from William Shakespeare’s play, “Julius Caesar.” On the Ides of March in 44 B.C., Caesar was assassinated by Brutus. Four years later, also on the Ides of…
For Safety’s Sake: 10 Proven Programs Your Business Can Implement Today
RISK PREVENTION—What do a telecommunications company, a lumber company and a waste removal company have in common? Businesses in all three of these types of industries are clients of American Risk Managers. All of these businesses also have top-notch safety plans that are instrumental in keeping their employees safe. We’ve also had the privilege of working with dozens and dozens…
God’s Love Is The Best Valentine EVER!
RISK ROUNDUP—It’s February, the “Love Month,” and we have a post for you that includes a lot of love and a lot of heart—two of Valentine’s Day’s traditional themes. Yes, we are an Independent Risk Management Firm, but we don’t always talk about what we do. Sometimes it’s fun to share some “behind-the-scenes” stories and holiday-themed posts. So, for our…
Renewal Reductions: How To Get Lower Insurance Rates & Premiums
RISK SOLUTIONS—Your company probably just renewed its commercial insurance policies in January, unless your renewal date is in July. Property and Casualty insurance premiums are big bills to pay—usually the third-highest cost associated with doing business after payroll and supplies. So, you were alerted that it was time to renew and you renewed. Did you get a better insurance rate?…
New Year’s (RISK) Resolutions For 2019!
RISK EDUCATION—Start the New Year off right with these great tips for reducing some of the risks for your business. And since “Safety Is Always First,” the first half of our resolutions will focus on safety. Hold monthly safety meetings. Safety meetings clear the way for your people to be safer and for your company to be more profitable. Double-check…
Our Favorite Holiday Traditions
RISK ROUNDUP—Each family has their own holiday traditions. While some traditions are handed down from the generations before, other traditions begin with a need or desire, or even on a whim—and then just get repeated year after year. To get in the spirit of the season and help spread holiday cheer, our staff was asked to share three of their…
How Can I Help You?
(Editor’s Note: American Risk Managers (ARM) Founder Walter Haney, Sr., was asked to pen this open letter to a prospect.) Risk Services—You know you are probably paying too much for your insurance, and you’re not sure you are correctly insured. You ask your agent and he tells you the price is right; the coverage is more than adequate. And then…
A Season Of Thanksgiving
Counting blessings and being thankful are the foundations of Thanksgiving. Along with enjoying other popular annual traditions, such as eating turkey and watching football, many families take time to express their gratitude. Since we can’t watch the game with you or sit down together for a meal, we would like to share a few of the things that we are…
How My Boss Saved A Company $12,000 On Workers’ Compensation
RISK SOLUTIONS—I won’t deny it. I love my job. My bosses are Risk Managers and they work hard every day to help protect businesses and save them money. Part of my job is to write about Risk Management issues, so that businesses like yours—businesses that need us—can find us! Recently, one of my bosses, Mr. Walter Haney, Sr., saved a…
5 Reasons You Need A Risk Management Ninja On Your Side
RISK ROUNDUP—Knowledge is power and American Risk Managers has an experienced and professional staff that knows the ins-and-outs of the insurance and Risk Management worlds through decades of dependable service to its many clients. As experts in the field of Risk Management, you could say they are the “Ninjas of the Risk Management World.” And with business risks increasing on…
Commercial Insurance Renewal Preps & Steps
RISK ROUNDUP—Commercial insurance renewals come around once every year just like Christmas. Of course, renewals aren’t as much fun as a major holiday, but they can be similar in one way—sometimes they can be stressful. So, we’ve gathered some information to help you get started (and motivated) for your next renewal. This three-part posting includes: A quick Renewal Overview for…