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You are here: Home / Workers Comp News / Cavalcade of Risk #172

Cavalcade of Risk #172

December 12, 2012 By //  by Michael B. Stack Leave a Comment

 

The Workers Comp Roundup is proud to be hosting the 172nd Cavalcade of Risk.  This bi-weekly blog is a collection of risk-related posts covering topics from finance, to insurance, to health. 
 
 
The Risks of Social Media: Facebook Post Attracts SEC Action
 
Blog: Risk Management Monitor, http://www.riskmanagementmonitor.com/
Author: Emily Holbrook
 
No matter how many company-wide memos are issued or how many training courses are thrust upon employees, as long as social media exists, there will be those that, whether intentionally or innocently, create a reputational or regulatory nightmare for their employer or another company. Reed Hastings<http://ir.netflix.com/management.cfm>, the CEO of Netflix, is one of them.
 

 

From the P&C Files: Marathon Insurance

 
Blog: InsureBlog, http://insureblog.blogspot.com/
Author: Henry Stern, LUTCF, CBC
 
"Special Event" insurance is nothing new, but the case of Superstorm Sandy vs the New York Marathon is a doozy, especially since the coverage was underwritten by fames Lloyd's of London.
 
 
How does Geisinger Pay its Physicians
 
Blog: Healthcare Economist, http://healthcare-economist.com/
Author: Jason Shafrin
 
Being a physician is inherently risky, especially when you own your own practice.  What share of physicians' salaries at Geisinger Health System is at risk if the under-perform expectations?  The Healthcare Economist investigates. 
 
 
Insourcing: A positive trend for U.S. manufacturing
 
Blog: Workers’ Comp Insider, http://www.workerscompinsider.com/
Author: Julie Ferguson
 
 Pop quiz: If you were building a large scale appliance manufacturing operation, would it be more cost effective to offshore production or keep it in the U.S.? For years, conventional wisdom has pointed to offshoring, but has the risk/reward of this approach paid off? At Workers’ Comp Insider, Julie Ferguson talks about the trend to “insourcing” and why many household name manufacturers are deciding to put their money back on the U.S.
 
 
Pros and Cons of Disability Insurance for Nannies  
 
Blog: National Nannies, http://www.nationalnannies.com/
Author: Diego Brown
 
While most states require the employers of domestic workers to carry worker’s compensation insurance to protect employees injured on the job, few states require those employers to take out disability policies.
 
 
Whither Obamacare, Now That "It's the Law of the Land?"
 
Blog: Disease Management Care Blog, http://diseasemanagementcareblog.blogspot.com/
Author: Jaan Sidorov
 
In this post, Dr. Sidorov reviews a recent article from a prestigious medical journal that points out that Obamacare remains politically vulnerable. The most worrisome for insurers is the possibility that the fiscal cliff may force the Feds to cut their planned commercial insurance subsidies, resulting in a long-term drop in revenue. Welcome to doing business with Washington DC, eh?
 
 
This is the Biggest Risk of Investing
 
Blog: Arbor Investment Planner, http://arborinvestmentplanner.com
Author: Ken Faulkenberry
 
The biggest risk of investing is losing your principal. This may seem intuitive, yet few investors have a risk management plan. Let's get started.
 
 
Key Man Life Insurance
 
Blog: Good Financial Cents, http://www.goodfinancialcents.com
Author: Jeff Rose
 
The concept of losing a close friend and colleague can be very difficult for business partners to imagine, but they must do so if their plan is to continue operating the business after the death of an important partner. 
 
 
Funding a Buy-Sell Agreement Using Life Insurance 
 
Blog: Rootfin Life Insurance Blog, http://www.rootfin.com/blog/
Author: Jeff Root  
 
A buy-sell agreement helps protect your business from the effects of unintended transfers of ownership – like death and disability.  Here's how businesses are using life insurance to fund this buy-sell agreement.
 
 
Can lessons of Iron Dome development be applied to health care
 
Blog: Health Business Blog, www.healthbusinessblog.com
Author: David E. Williams
 
Israel counteracted the threat of Gaza rockets with a missile defense system that was developed quickly and relatively cheaply. The General who led the effort "canceled all the unnecessary bureaucracy" to push through a program that the conservative military establishment thought to be too risky. Can any of these lessons be applied to US health care?
 
 
Is Sedentary Work A High Risk For Work Comp Claims
 
Blog: Workers Comp Roundup, https://blog.reduceyourworkerscomp.com/blog
Author: Michael B. Stack
 
Sedentary work positions can be less strenuous than moving boxes of product.  However, even sedentary workers have risk.  Learn the different risks and ways to lessen the chance of injury.
 
 

The next Cavalcade of Risk will be hosted by Van Mayhall (http://www.insuranceregulatorylaw.com) 

 

Author Michael B. Stack, CPA, Director of Operations, Amaxx Risk Solutions, Inc. is an expert in employer communication systems and part of the Amaxx team helping companies reduce their workers compensation costs by 20% to 50%. He is a writer, speaker, and website publisher. www.reduceyourworkerscomp.com. Contact: mstack@reduceyourworkerscomp.com

 

©2012 Amaxx Risk Solutions, Inc. All rights reserved under International Copyright Law. 

Filed Under: Workers Comp News Tagged With: Reduce/Lower WC Costs, Reducing Workers Compensation Costs, RIMS, workers comp, Workers Compensation

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