Thursday, October 20, 2011

Why Employment Practices Liability Insurance Costs So Much

See final sentence in Oct 19, 2011, blog entry below.

Wednesday, October 19, 2011

Why Workers' Compensation Costs So Much


Here is a real claim reported to us today which explains exactly why Workers’ Compensation costs so much. An employee of one of our policy holders wanted to show his co-workers how high he can jump so he jumped up, caught his nose on a hook and ripped his nostril. True fact. No exaggeration. And then you wonder. He will get all his medical bills paid and a healthy, lost time disability payment. If he does not have a job when he gets back from medical leave he will probably sue for wrongful termination, claiming the employer was retaliating for him subjecting the employer to such a ridiculous claim. Oh, and he will probably win his Wrongful Termination suit.

Sunday, January 30, 2011

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Friday, January 7, 2011

THE NEW ACORD CERTIFICATES – FRIEND OR FOE TO STAFFING FIRMS???

The recent, radical changes to the standard ACORD Certificates actually creates a great opportunity to strengthen existing business relationships and also build new ones. The approach is very simple:

Communicate: Contact your clients and prospects and let them know that you want to discuss a very important issue that is critical to your mutual success.

Educate: Provide your clients and prospects with a well thought out presentation that addresses the facts and speaks directly and specifically to making your business relationship the best it can be.

Demonstrate: Show your clients and prospects the mutual benefits of addressing and understanding these issues.

Be Great: Let your clients and prospects see, through your actions, that you are committed to making their partnership with you the greatest it can be.

Your ASAC Advocate can help you with this process in their never ending pursuit to facilitate your profitable growth through Enterprise Risk Management. For more information contact Michael A. Schultz at mas@asac-us.com.

AMERICAN STAFFING ASSURANCE COMPANY ELECTS NEW PRESIDENT

December 1, 2010 - The American Staffing Assurance Company (ASAC) Board of Directors unanimously approved the appointment of Michael A. Schultz as President of ASAC. Michael will be responsible for overseeing the sales and marketing efforts of the company with an emphasis on new business development, and building the ASAC brand. Michael can be reached at mas@asac-us.com.

The election of Michael as President will allow Jim Farber, Chairman of the Board and CEO, to dedicate greater efforts toward INCA Holdings, the parent company of ASAC. INCA Holdings creates and manages niche insurance companies, like ASAC, dedicated to the best risks within under-served and misunderstood industry sectors. More information on INCA Holdings can be obtained by contacting Jim at jcf@inca-us.com.