Insurance Insights

The Michigan Catastrophic Claims Association (MCCA) will begin efforts to return approximately $3 billion of its surplus to Michigan auto insurance policyholders. Working with the MCCA, insurance providers will issue Michigan drivers refunds in the amount of $400 for every eligible vehicle that had liability coverage as of 11:59 p.m. on October 31, 2021.

The key to controlling your workers’ compensation costs is understanding your experience modification factor. Your “mod factor” is an adjustment to your workers’ compensation premium that’s based on your company’s actual losses compared to the expected losses for your industry.

There’s a common misconception among car owners that if their car is totaled in an accident, it will be replaced at the original purchase price, or at least the amount that is still owed for financing. But in reality, this is not always the case. The purpose of this Auto Insights blog is to define the reason behind this misconception, and what you can do to protect yourself.

The machines used in today's manufacturing operations are designed to maximize worker safety. Yet, even the newest, most modern equipment can be vulnerable from a safety perspective. For example, some of the most dangerous hazards on the work floor exist around a machine’s point of operation, such as the blade of a saw or the slide of a power press.

One of the greatest benefits of insurance protection is the peace of mind that comes with knowing the things you value most are safeguarded should an unfortunate event occur. This is why home, auto and life insurance coverage is so important. Oftentimes, however, certain items of value can be overlooked, and as a result become underinsured.

Navigating a workers&rsquo; compensation claim can be a complicated and costly process if it&rsquo;s not resolved in a timely manner. However, there are a number of measures that you can take to reduce the complexity and cost of a claim.</p> <p>The following content presents an overview of when employers should report workers&rsquo; compensation claims and how this process can help prevent unnecessary costs.

A great way to help take the bite out of winter is to make sure your vehicle is ready for the cold weather and driving challenges the season brings. Anyone who&rsquo;s spent a few winters on the road knows that frigid temperatures make driving difficult: car engines may not work properly, while snow on the road limits traction and control. That&rsquo;s just a few reasons winterizing your vehicle is so important.

Warehouse workers spend much of their day lifting, carrying and transporting heavy objects. It only takes one mistake to sustain a serious, long-term injury due to improper lifting technique. The following safety tips provide helpful ergonomic guidelines for lifting any size load. Share them with your warehouse workers and consider posting them at your facility.