Categories
Commercial Insurance

10 Liability Exposures That Could Put a Contractor Out of Business

1.Many “verbal” contracts are given and accepted on the job site. It turns out that, proprietary commercial general liability policies are now excluding covered losses if they arise out of any verbal contracts. Either check your policy form or get all contracts in writing no matter how minor.

2.Make sure that the “insured contract” exception to the employer’s liability exclusion preserves coverage for 3rd party action over claims. For example, this would provide coverage if a contractor’s employee was injured on a job site and filed suit on the project manager.

3.Your general liability policy most likely excludes mobile equipment if it is being towed or is permanently attached to the vehicle. Utilize an equipment floater policy, to protect yourself against this exposure.

4.Borrowed equipment and tools are typically excluded on both your general liability and property policies. Endorse it on your inland marine, C.O.C., or purchase a contractors equipment policy.

5.Be aware that faulty workmanship is excluded on ALL commercial general liability polices.

6.The job is considered a completed operation once it is “contractually completed” even though you may have corrections, repairs, replacements, services, or maintenance to perform.

7.Claim reporting obligations are daunting for smaller contractors and especially GC’s. A claim must be reported once there is “knowledge” of it, or it will not be covered. It is virtually impossible for a contractor to be fully aware of everything that transpires on a site and many incidents aren’t reported. Your broker should negotiate clarification of these definitions and have your insurance carrier put the discussion in writing, OR endorse an unintentional failure to disclose hazards.

8.For my residential contractors:

a.Make sure there is no designated work exclusion on your general liability policy. This will exclude completed operations coverage.

b.Ensure that there is no alienation of premises exclusion: this excludes coverage for property damage of premises that is sold by your company. I.e. you are buying and flipping homes.

9.Grading, excavation, foundation, and demo contractors:

a.Be certain that there isn’t total pollution exclusion on your general liability policy.

b.Remove any subsidence (earth movement exclusion)

c.Keep off (if possible) any X, C, U exclusions.

10.Things to endorse on your policies (or ask for)

a.Extended notice of cancellation: forces insurance carriers to give you at least 60 days of notice prior to canceling you. This will give you time to find another insurance company so there is no lapse in coverage.

b.Try to add as MANY additional insured’s as possible to a policy. General contractors – ask to be added to all of your subs polices.

c.On your umbrella policy: look at the definition of bodily injury to make sure that it picks up mental anguish.

Categories
Industrial Supply

Perth Amboy NJ Metal Shelving | Metal Shelving in stock Perth Amboy NJ

Metal Shelving in stock in Perth Amboy. New and Used. Gales (est. 1938) provides quality shelving, space saving solutions, complimentary on-site layouts, professional installations and lifetime warranties. Contact us today for immediate assistance.

Jack McDonald
Gales Industrial Supply
P(732)489-3867

shelving with drawers, Save space add drawers to your existing shelving.
1 drawer unit stocks as much as 4 shelving units.
P(732) 489-3867

Metro Shelving

New and Used Shelving Perth Amboy
P(732)489-3867

Jack McDonald
Gales Industrial Supply
P(732)489-3867
 
Metal Shelving in Perth Amboy NJ 08861
Categories
Commercial Insurance

California Strengthens its Data Breach Notification Law

As we suspected, California’s current governor, Edmund G. “Jerry” Brown, Jr. (D), signed into law S.B. 24, which adds some additional protections to the state’s current data breach notification requirements. The champion of this law and its recent enhancements, State Sen. Joe Simitian (D-Palo Alto), has finally succeeded after a number of prior attempts to pass this measure were vetoed by then-Gov. Arnold Schwarzenegger (R).

Summary of Changes

Under S.B. 24, breaches occurring on and after January 1, 2012, that require notification to California residents will have to meet the following additional requirements:

•The notifications themselves will need to satisfy specific content requirements, such as including a description of the type of information breached, time of breach, and toll-free telephone numbers and addresses of the major credit reporting agencies;
•If more than 500 California residents are affected by a single breach, an electronic copy of the breach notification must be send to the California Attorney General;
•If the law’s “substitute notice” provisions are used, notice also must be provided to the Office of Information Security or the Office of Privacy Protection. Substitute notice is permitted when the person or business required to provide the notice demonstrates that (I)(i) the cost of providing notice would exceed two hundred fifty thousand dollars ($250,000), or (ii) that the affected class of subject persons to be notified exceeds 500,000, or (II) the person or business does not have sufficient contact information. Prior to the change, substitute notice consisted of only email notification, conspicuous posting of the notice on the person or business’ website, and notification to statewide media.
Companies responding to multi-state breaches face significant challenges trying to harmonize the various state law requirements. See, for example, the recent changes to the Illinois statute. Presently, a number of bills are being considered in Congress that would preempt all of the state laws in this area, however, passage of one of these laws does not appear to be imminent. As data breaches go global, similar concerns exist as countries are enacting their own breach notification mandates.

Posted on September 1, 2011 by Joseph Lazzarotti
http://www.workplaceprivacyreport.com/2011/09/articles/data-security/california-strengthens-its-data-breach-notification-law/

Categories
Industrial Supply

Perth Amboy NJ Metal Lockers | Metal Lockers in Perth Amboy NJ

Metal Locker in stock in Perth Amboy. New and Used. Gales (est. 1938) provides quality Lockers, space saving solutions, complimentary on-site layouts, professional installations and lifetime warranties. Contact us today for immediate assistance.

Jack McDonald
Gales Industrial Supply
P(732)489-3867

Two Tier and Single Tier Lockers with recessed handles
 
Used Lockers with Lifetime Warranty

Gales Installers has backed every install with our industries
Lifetime Warranty on Installations

Single Tier Lockers in stock

Two Tier Lockers will max your space

Gales Industrial Supply
P(732) 489-3867
[email protected]

Perth Amboy NJ Metal Lockers
 

Categories
Industrial Supply

NJ Steel Shelving and Rack Used & New for Sale | Used Steel Shelving for Sale, Starting at $45.00 Keyport NJ

Used Steel Shelving NJ for Sale in NJ
Gales (Est. 1938) has Industrial/Commercial used Shelving for sale.
Top quality, 600lbs capacity per shelf.
Industrial/Commercial Shelving 20ga. Hallowell. Large quantities available.
 Excellent Condition
36W x 12D x 84 with 5 shelves $45.00 (with 7 shelves $55.00)
36W x 18D x 84 with 5 shelves $55.00ea (with 7 shelves $65.00)
Color Gray, clip type adjustable, Sturdy Box design Shelves. Open sides and back with cross bracing.
Above costs are pickup prices in Keyport
Delivery and installation available at added minimal cost
Extra Discounts available for multiple quantities.
Credit Card or Check with order
Contact [email protected] for immediate assistance.

Equipto 8W x 36d x 96 Bulk Rack with 3 shelves, reflective
white, Used, Mint Conditions $35000 per units
P(7320 489-3867
 
 
 
 
 
Equipto 8W x 36d x 96 Bulk Rack with 3 shelves, reflective
white, Used, Mint Conditions $35000 per units
P(7320 489-3867
 
 
 
 
Commercial Gray Hallowell Shelving
clip type adjustable, 3W x 18D x 84H
Starting at $45.00ea units
P9732)489-3867
 
 
 
Equipto V Grip Shelving, Used, Mint Condition
2W x 18d x 96H with 5 Shelves $150.00ea
P(732)489-3867
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equipto 8W x 36d x 96 Bulk Rack with 3 shelves, reflective
white, Used, Mint Conditions $35000 per units
P(7320 489-3867
 
 
Equipto 3W x 18d x 84 shelving with 5 shelves, reflective
white, Used, Mint Conditions $12500 per units
P(7320 489-3867


Gales Industrial
P(732)489-3867
[email protected]
 
 

Gales proudly provides shelving and rack, New and Used to the following New Jersey cities:
Atlantic City, Colts Neck 07722 , Eatontown 07724, Middletown 07748, Edison 08818, Sayreville, Paramus, Lincroft 07738, Jackson, Marlboro 07746, Manalapan, Marlton, Newark, Jersey City, Paterson, Elizabeth, Edison, Toms River, Trenton, Clifton, Camden, Brick Township, Dayton , Bayonne, Belleville, Bergenfield, Bridgeton, Carteret, Cliffside Park, Clifton, Cranford, East Brunswick, East Orange, East Windsor, Edison, Elizabeth, Englewood, Ewing, Fair Lawn, Fort Lee, Sea Bright, Garfield, Hackensack, Hillside, Hoboken, Irvington, Kearny, Lakewood, Linden, Livingston, Lodi, Long Branch, Lyndhurst, Maplewood, North Bergen Township, North Plainfield, Nutley, Old Bridge, Orange, Paramus, Parsippany-Troy Hills Township, Passaic, Pennsauken, Spotswood, East Brunswick, New Brunswick, North Brunswick, Woodbridge, Avenel, Rahway, Belford, Atlantic Highlands, Rumson, Farmingdale, Wall Twp, Ocean Twp, Bridgewater, Princeton, Morristown, Somerville, Willingboro Township, West Milford, Westfield, Wayne, Vineland, Union City, Union, Teaneck, Summit, South Plainfield, Somerset, Scotch Plains, Sayreville, Roselle, Ridgewood, Rahway, Pleasantville, Perth Amboy, Pennsauken, Cranbury, Hazlet, Holmdel, Union Twp, Wayne, All of NJ!

Categories
Commercial Insurance

3 Cost Saving Ideas/Recs for Contractor’s Business Auto Policies

1)Check the definition of business use class that your auto is rated under. In many cases, contractors autos are rated for commercial use when many, if not all, may qualify for the service use classification. Since commercial use is generally much more expensive than service use, correcting this mistake can lead to substantial premium savings.

2)The higher the population of a rating territory, the higher the auto insurance rate. If your office or yard is in a highly populated area, but you work mainly in outlying suburbs/rural areas, you might want to consider garaging them in the outlying areas if convenient. Doing so might result in a major physical damage premium reduction.

3)Older field vehicles are sometimes taken out of service and used for purposes other than those for which they were originally intended, such as light hauling around the yard. An insurer may be willing to grant a rate reduction based on the reduced exposure.

Categories
Commercial Insurance

Handling a Cal-OSHA Inspection

California is a difficult state to do business in, regardless of the industry. Companies are consistently hindered by federal/state business compliance regulations and work place safety enforcement. Cal-OSHA can institute heavy fines upon inspection if a job or worksite is not up to code. These fines not only tie up cash flow, but could disallow you from working with certain vendors or customers. There are a multitude of things that you can do to ensure that an inspection goes smoothly and will mitigate potential fines from Cal-OSHA. Site preparation is immensely important prior to an Cal-OSHA inspection. If possible, one of your employees should be designated as a safety coordinator. There should also be a group of employees assigned as an “OSHA team”. Pending an inspection, these individuals should have an understanding of the typical work related questions that are asked by an inspector. This coordinator should also conduct a rehearsal inspection once a quarter. Having these drills is a proactive way to enact preparedness within your workforce and will make certain that an inspection goes smoothly. When an actual Cal-OSHA inspection is forthcoming, it is important to ask an inspector for their credentials, request time to assemble your team, and to notify your legal council of the results immediately. All of these steps are well within your right. Once the inspection is underway, your “safety coordinator” should be responsible for taking notes. Documentation is essential when an inspector interviews employees and examines equipment. Make sure to highlight the safety efforts that have been made, but don’t initiate discussion on the conditions that you think are dangerous. You’re required to only answer the questions given to you by the inspector. You should not disclose any information that is not requested. Also, try to resolve hazards as soon as possible when the inspector points them out. Even if it is during the inspection or the inspector is still on-site. This will go a long way to saving you money and time spent on paper work. Make sure to appeal Cal-OSHA citations within at least 10 days of receiving them. File a written appeal even if an informal conference is requested. Involve legal council or a risk manager if applicable. Article By: Tyler Albers, CRIS White & Company Insurance Inc.

Categories
Commercial Insurance

How to Manage California Workers Compensation Insurance and Claim Costs

The insurance market place is cyclical. Over the past nine years, carriers have continued to cut premium pricing in order to remain competitive and sustain market share. Unfortunately, a less than stellar California workers compensation system and an increase in medical costs are beginning to force insurance markets to raise their rates. Workers compensation insurance is already one of the most expensive lines of coverage for many companies, and is only going to get worse. Consequently, it is more important than ever to focus on controlling claims management for past, current, and future work related injuries. There is a monumental difference between short and long-term costs. A short-term cost may be saving money initially at the renewal by choosing to partner with the most economical workers compensation insurance company. In making these decisions it is critical that your insurance representative outlines the services that are provided by each insurance carrier and how they handle claim issues. It is not uncommon for low cost insurance markets to outsource their claims management to a third party administrator. Communication can prove to be difficult with these avenues, which will inevitably cost you more money over the long-term by negatively impacting your experience modification. In California the experience modification formula is updated almost annually. It is important to realize that a unit statistical filing occurs six months after your renewal. This is when the Workers Compensation Insurance Rating Bureau will take a three year snap-shot of your claims history prior to calculating your new experience modification. We are all aware that a high experience modification can equate to dollars lost on premium increases, but extensive focus must be placed on any claims during the time prior to the filing. Any small partial disability claims should be closed if possible and claim medical/disability reserves should be mitigated. Lastly, it is important that both the insurance brokerage and workers compensation insurance company that you utilize provide extensive services. They should offer proactive tools to reduce the exposure of work related injures through loss control and documented safety meetings. In house claim consultants and case nurses should be accessible to service past and existing injuries. Exit interviews and letters for terminated employees should be revised and re-altered to minimize post-termination claims. Proper notification posters that highlight your applicable medical provider network and labor law practices should be posted on all jobsites. You are paying an insurance broker for more than just delivering a product, therefore it is pivotal that focus is placed on your business 365 days out of the year. Just remember, short-term savings are not always in the best interest of your business and a multitude of factors should go into your workers compensation insurance buying decisions.

Categories
Commercial Insurance

Construction Job Site Safety Topics: Heat Stress Prevention, Motor Vehicle Safety Programs, Poison Oak, and Snakes

As workers compensation costs continue to rise for the construction industry, it is imperative to mitigate potential losses by prioritizing proactive employee safety techniques.
I. Heat Stress Prevention

Did you know that a colored hard hat can be up to 10 degrees hotter internally than a white hard hat?

Heat stroke can not only cause poor judgment on the jobsite from an employee, but can lead to a fatality in some cases. If an employee ever complains about being light headed, it is critical that you take him to the emergency room immediately. In my opinion, it’s better to fork out $400 for a first aid case then to have him keel over on the job site or make a poor decision that could put other people in jeopardy. Evaporative cooling bandanas or dew rags should be worn under hard hats to cool guys down in the afternoon.

II. Motor Vehicle Safety Programs

According to OSHA, each non-fatal accident costs an employer 74,000. Each fatal accident costs an employer more than 500,000.

There are many ways that you can reduce auto accidents away from the jobsite. A few things you can institute are:

1) Prepare written policies and procedures. It should be noted in your employee handbook or IIPP (injury illness prevention program) that all employees must give permission to an immediate drug test after an accident. This insulates you from a potentials workers compensation claim in the future.

2) Have camera packs in all vehicles. It’s important that the employees have photographic evidence of any damage caused.

3) Enroll an employee in a vehicle safety program if they get a ticket or cause an accident. Make it mandatory. This will deter employees from unsafe driving habits. It should also be stated in your policies and procedures.

III. Snakes & Poison Oak

Snake bites cost over 100,000 to treat. That’s one big workers compensation claim!

Ensure that employees report a snake on the job site to the superintendent. Be wary of certain city regulations, before “disposing” of it. Do not attempt to kill the snake. Make sure the snake is monitored closely until it leaves the jobsite.

Poson Oak can be counteracted with Sumartin. It is a preventative spray that your employees can/should put on before venturing into any brush areas.