Help Your Employees Save Money on Pharmaceuticals

| posted in Blog, Newsletter

Most employers are doing all they can to keep their employees’ health insurance and health care outlays to a minimum. And while most of those efforts are focused on the upfront cost of insurance, copays and deductibles, some employers are taking it a step further to help their employees control the very costs they actually have the most control over – and one of those areas is medicine. Helping your workers become wise consumers of health services can also cut your overall insurance costs, as well as help your employees conserve more of their own funds if they have high…
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Reducing Workplace Stress Is Vital for Safety, Retention, Production

| posted in Blog, Newsletter

During our economic recovery one element that has been persistent is that employers are trying to get more out of their workers than ever before. And while most managers and owners try to ensure that their workers are provided a safe workplace and put a premium on reducing the chances of accidents, one often overlooked area is workplace stress. Heaping too much stress or too many responsibilities on a single employee can greatly increase their chances of not only burnout, but also making costly mistakes. A worse-case scenario is that if they are engaged in more labor-intensive occupations, too much…
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Rating Agency Recommends Another Workers’ Comp Rate Decrease

| posted in Blog, Newsletter

There could be yet another workers’ comp rate reduction coming down the pike, after California’s rating agency filed a recommendation that benchmark rates for policies that take effect on or after Jan. 1, 2019 be reduced by 14.5% from Jan. 1, 2018 levels. The Workers’ Compensation Insurance Rating Bureau’s recommendation that the average benchmark rate be cut comes on the heels of an order by Insurance Commissioner David Jones to reduce these “pure premium rates” by 10.3% as of July 1, compared with Jan. 1 rates. The advisory pure premium rates proposed to be effective Jan. 1, 2019 average $1.70…
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Five Types of Claims That Spike in the Fall

| posted in Blog, Newsletter

As the weather starts cooling down and the seasons change, new perils arise for everyone, particularly the risk of some types of auto accidents as well as potential homeowner’s insurance claims. Fall is actually the time of year where the claims for a number of incidents increase compared to the rest of the year. With fall now here, pay attention to the following heightened risks. Rear-end collisions With the colder weather comes more rain and potentially icy conditions in some parts of the country. Auto insurers report an uptick in rear-end collisions in the last three months of the year…
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Annuities: What Are They and How Do They Work?

| posted in Blog

An annuity is a contract with an insurance company. The insurer promises to provide a certain stream of income – which could start immediately or at some point in the future – in return for your contributions, or premium. If the stream of income begins immediately, the product is called an immediate annuity. If the income stream is to commence at some point in the future, the contract is called a deferred annuity. Annuities vs. mutual funds Because annuities are contracts, they are very different products from mutual funds, which are simply baskets of securities run by a professional money…
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CoreMark dishes out awards for client services at its annual “EGPP” celebration!

| posted in Blog, Newsletter

Last month CoreMark had its annual “EGPP” celebration! “EGPP” refers to our service mantra and our commitment in delivering “Excellence, Value and Trust” to our valued clients. This occasion allows us to celebrate the accomplishments of our team’s #1 priority: meeting and beating our client service performance goals. Each year, the CoreMark owners review the prior year’s accomplishments, milestones, and goals as well as present profit-sharing checks to the our service team, only if we meet our client service goals, and based on individual performance metrics. Our EGPP celebration is a fun and creative way to keep everyone focused on the…
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Documenting Small Safety Incidents Key to Preventing Major Ones

| posted in Blog, Newsletter

Studies show that for every major workplace injury or fatality, there are nearly 10 minor injuries – and more than 30 accidents that lead to property damage. Capturing data even on minor incidents that may seem trivial in isolation can be critical in informing efforts to prevent much greater dangers in the future. A big part of that effort involves ensuring businesses maintain a complete set of data. Managers at all levels should focus on solid and thorough documentation. Here is where management’s main effort should be concentrated: Don’t ignore minor incidents. Document all of them. Even if you have…
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Top 10 Laws, Regulations and Trends for 2018

| posted in Blog, Newsletter

In this article, we focus on the top 10 laws, regulations and trends going into 2018 that employers need to be aware of. New Parent Leave Act Effective Jan. 1, 2018, employers in California with 20 or more workers will be required to provide eligible employees with 12 weeks of unpaid, job-protected leave to bond with a new child. This builds on a 20-year-old law that required only employers with 50 or more staff to provide employees with time off for child bonding. Like the current law, the New Parent Leave Act applies to newborns or a child placed with…
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Fall Protection Training Makes Debut on OSHA’s Top 10 Citations List

| posted in Blog

There’s a newcomer to OSHA’s top 10 list of violations that it cites every year: Fall Protection – Training Requirements. While physical fall protection violations, like failing to install guard-rails or provide fall protection equipment, continue to feature at the top of the list, this is the first time that training requirements as a stand-alone category has made it onto OSHA’s preliminary list of most-cited violations has featured. The fact that OSHA has doled out so many citations for such training-requirement violations reflects its increasing commitment to reduce injuries and deaths from trips, slips and falls – the most common…
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Toilet Failure Is a Leading Cause of Residential and Commercial Water Damage

| posted in Blog

Leaky plumbing fixtures and burst pipes are common reasons behind insurance claims for home and commercial water damage every year, but toilet problems stand out as one of the leading causes of serious water damage. That said, many toilet-related plumbing issues are preventable with regular maintenance and a watchful eye, which can take care of small problems before they turn into major ones. If a toilet is causing problems, call a professional immediately. The worst damages arise because a person does not call an expert, and water damage that may not be visible on the surface continues to spread and…
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