Drive down costs and improve employee health with a strategic Injury and Illness Prevention Program

Workers’ compensation costs are on the rise – despite many states requiring employers to have a written safety program that focuses on preventing accidents and injuries on the job. Injury & Illness Prevention Programs are typically guided by wording issued from the federal and state Occupational Safety & Health Administration (OSHA). OSHA set the following […]

Securities Class Action Lawsuits: A thing of the past?

The Supreme Court of the United States is set to hear Halliburton v. Erica P. John Fund, Inc. this spring with a ruling expected late summer or fall.  If defendants win, federal securities class actions could be eliminated in most circumstances.   This would materially reduce the exposure to directors and officers and insurance carriers providing […]

Product Recall: Is Your Company Covered?

If you are a life science company who manufactures your own products or have your products manufactured by others, you have a Product Recall exposure.  Today, addressing and planning for a product recall is a critical element of risk management.  Recalls can affect a company in two ways; an immediate tangible economic loss to your […]

Health Flexible Spending Accounts: Use-It-or-Lose-It….But Not All of It

Today, the U.S. Department of Treasury and the Internal Revenue Service (IRS)— made an announcement modifying its Health Care FSA “use-it-or-lose-it” provision to allow rollover of unused FSA funds. As a quick background, FSAs allow employees to contribute pre-tax dollars to pay for out-of-pocket healthcare expenses – including deductibles, copayments, and other qualified medical, dental […]

Fastest Growing Private Companies: Manage Your Risks to Yield Rewards, Part I

ABD was recently recognized as one of the Bay Area’s fasting-growing private companies.  If you lead a fast-growing company, congratulations!  The rewards can be many: an expanding customer base, a growing workforce, greater brand awareness, market credibility, better access to capital, and increasing shareholder value. Whatever rewards you are seeking, your strategic planning process should […]

Got Wellness in Your Workers’ Compensation Program?

One of the largest drivers of workers’ compensation claim costs are medical expenses paid for the treatment of work related injuries and illnesses.  A recent National Council on Compensation Insurance report indicated workers’ compensation medical costs are now approaching 60% of the total cost of WC claims. The medical cost of an individual claim can […]