How to Open a Daycare

We have compiled licensing procedures for New York City. Make sure to follow your state’s specific requirements. Regardless this will give you a general idea of what you will have to do Read More »

What Daycare Owners Must Know About Lead Based Paint

The most common cause of childhood lead poisoning is the dust that comes from lead based paint. While lead paint was banned for NYC residential use in 1960, and nationwide in 1978, Read More »

How to Manage Abuse & Molestation Risks – Part 1

Above all else a school’s primary responsibility is to keep their children and teens safe at all times. Unfortunately this is not always the case as during the past few years several Read More »

Proper Insurance Claims Follow Up Procedures Yield Big Dividends for Schools & Non Profits

If you read our first article in the series “Managing Insurance Claims First Reports Can Have Big Impact  for Schools  & Non Profits” then you know that it’s a two part process, Read More »

 

Category Archives: Featured

How to Open a Daycare

daycare 2

We have compiled licensing procedures for New York City. Make sure to follow your state’s specific requirements. Regardless this will give you a general idea of what you will have to do to get a child care center up and running. Procedures for an in-home daycare may vary significantly.

The Department of Health will assign an Early Childhood Consultant to assist you in the process. When the process is finished make sure to contact one of our risk advisors for all your daycare insurance and risk management needs.

Step 1 – Attend a Pre Permit Orientation Session. This will outline the rest of the process.

Step 2 – When you find a possible site for you business, notify Office for PHS inspection

What Daycare Owners Must Know About Lead Based Paint

daycare

The most common cause of childhood lead poisoning is the dust that comes from lead based paint. While lead paint was banned for NYC residential use in 1960, and nationwide in 1978, it has never been completely banned for use in commercial buildings. Because of this many daycare services may contain lead based paint.

If paint is peeling, chipping, cracking, or repairs are done unsafely, paint chips could spread easily. Young children can easily swallow lead dust from putting their hands and/or toys in their mouths. Young children are also the ones most at risk for lead poisoning,

Don’t worry though, lead poisoning has definitely declined over the past two decades, and there are precautions you can take to ensure you are safe. The below checklist is used for New York City daycares.

How to Manage Abuse & Molestation Risks – Part 1

boy-and-girl-playing-in-nursery-school

Above all else a school’s primary responsibility is to keep their children and teens safe at all times.

Unfortunately this is not always the case as during the past few years several high-profile incidents have rocked the industry. Behind these high profile cases are many other incidents just as terrible that haven’t caught the attention of the national press. Behind those are even more incidents that never even get reported.

No matter the details, any act of this kind, in any sector, will have devastating consequences for both the victims and the organizations involved.

This will be a 3 part series including:
Part 1 – The Wake Up Call
Part 2 – Prevention
Part 3 – Responding

Proper Insurance Claims Follow Up Procedures Yield Big Dividends for Schools & Non Profits

global-claim-form

If you read our first article in the series “Managing Insurance Claims First Reports Can Have Big Impact  for Schools  & Non Profits” then you know that it’s a two part process, “be prepared” and “follow up.” This article shares the concept of how important proper claims follow up is for all workers compensation insurance claims, and all general liability insurance claims.

WHY WORKERS COMPENSATION CLAIMS & GENERAL LIABILITY INSURANCE CLAIMS ARE DIFFERENT:

Unlike many other types of insurance claims, many liability and workers compensation claims can get larger with time. In industry parlance this is called Loss Development as the claim develops over time it tends to get larger as law suits, negotiations, cost of continual medical e.t.c. increase the ultimate insurance carrier payout over time. A property claim for a burned structure does not deviate as much outside perhaps loss to the business income.

Thus we typically refer to both Workers Compensation Insurance & General Liability Insurance as very expensive credit lines that carry a high interest rate, comp especially. Although the carrier pays the loss upfront, the insurance marketplace is very efficient in re-couping the money from the policy holders in the form of premium increases for 4 to 5 years upon each renewal which is essentially a charge back.

THE IMPORTANCE OF DEVELOPING A CLAIMS FOLLOW UP PROCEDURE FOR YOUR SCHOOL OR NON PROFIT:

You wouldn’t hand a stranger your school’s checkbook, sign the blank checks and forget about it! That’s absurd, yet that is exactly what most Non Profit Organizations, Private Schools, and Charter Schools do. That stranger is the claims adjuster.

If you have a set procedure in place of when to follow up , with whom to follow up, and questions to ask you can and will have an outsized impact on the ultimate payout of a claim. In one example our claims staff followed up with a client and asked if there were any alternative duties at their facility their injured worker could perform instead of sitting at home and collecting workers compensation benefits. They assigned this injured workers a file scanning project that enabled the worker to come back, and be productive saving the School close to $67,000 in additional workers compensation costs. This only happened because someone was involved, asked the right questions, and had taken corrective action.

The bottom line is it’s critical that someone in organization have a set follow up procedure in place so they can monitor and effect not just the claim value, but the ultimate cost to your organization.

Download our Free Claims Report Tool for both Workers Compensation & General Liability Insurance. Take back your check book, control and manage your costs as it’s ultimately your hard earned dollars at stake NOT the insurance companies.