As the economy continues expanding, companies need to be careful about adequately managing their risk, according to a report by Advisen Inc., an insurance research and data firm.
Increased activity typically means proportionally additional losses. For example, more trucks driving more miles will inevitably result in more accidents. However, other kinds of risk can actually increase more than the jump in business activity. We look at three such areas here.
Falls from portable ladders (step, straight, combination and extension) are one of the leading causes of occupational fatalities and injuries. OSHA offers 16 tips for ladder safety.
One of the biggest mistakes owners of growing businesses make is not keeping up their insurance coverage to account for the expanding assets and potential liabilities.
Overexertion and falls are among the most common types of workplace injuries in the United States, according to a new study.
The average age of a construction worker is now in the 40s. Baby boomers - people born between 1946 and 1964 - represent 40% of the construction industry workforce, according to the Center for Construction Research and Training.
Despite expectations, Fed-OSHA under the Trump administration has not backed off on enforcing workplace safety regulations.
In fact, the agency is as aggressive as ever and citations are higher than ever as well, after fines were increased substantially three years ago. Based on the agency's own statistics, a company that's inspected has only a 25% chance of not receiving a single citation.
While overall workplace injuries have been falling in the last decade, the numbers of deadly and catastrophic injuries are actually on the rise.
As the economy hums along, we are sharing the roads with more trucks than ever before.
Unfortunately, many people do not exercise the extreme caution required when driving around 18-wheelers, container trucks and buses. And if there is an accident, due to their sheer size and weight, they can crush a passenger vehicle, seriously injuring or killing the occupants.
While the Trump administration has eased off a number of regulations and enforcement actions during the past two years, Fed-OSHA continues focusing on the safety of temporary workers as much as it did under the Obama presidency.
This puts the onus not only on the agencies that provide the temp workers, but also on the companies that contract with them for the workers.
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