Compliance – Legal Resources
Compliance – Legal Resources
Compliance – Legal Resources
Compliance issues for U.S. businesses continue to move to the forefront and show no signs of slowing down.
Unresolved compliance issues can cause financial and reputational consequences that are often not covered by insurance. Think about how time-consuming the following would be in addition to wasting valuable internal resources:
- An unexpected OSHA penalty
- A messy DOT record
- A lower score from a third-party verification company
- A HIPAA security breach
Consulting the Experts
We partner with a variety of legal experts who focus on a wide range of issues that your business might face.
Our clients have access to multiple legal-focused educational partners that offer insights into complex laws and regulations; updates that address frequently asked questions and that clearly explain key legislative regulations; and legal briefs on a variety of business insurance, HR, compliance and employee communications topics.
We believe compliance and subcontractor and vendor management is an important part of the risk management process.
Our intimate knowledge of the various third-party verification companies allows us to better advocate on your behalf and to create understanding, trust and an efficiency between you, your customers and vendors. Our efforts provide our clients with improved customer-client relations, higher productivity and increased margin (because time is money), all of which lower the cost of insurance.
Note: We are not a law firm and do not provide legal advice; however, we have strategic partnerships with a variety of law firms to assist our clients.
FROM THE BLOG
Business Insurance Insights
Lockout/Tagout Procedures
OSHA’s Lockout Tagout requirement is a multi-step process and covers the servicing and maintenance of machines and equipment in which the unexpected energization could cause injury to employees. It applies to the control of energy during servicing and or maintenance...
OSHA Penalty Schedule
The annual adjustment has been made to OSHA’s penalty schedule. Penalties do not usually start out at this level, but they can, depending on the circumstances. See the attached information and visit OSHA’s website for more detailed information. [button...
No Holidays for Hackers: Higher Revenue Losses for Non-weekday Cyber Events
Holiday and Weekend Ransomware Events Ransomware events that occur on holidays and weekends cause much higher revenue losses than cyber incidents occurring on weekdays—primarily due to lower staffing levels—according to a survey of over 1,200 cybersecurity...