Peabody Insurance Blog


Understanding Common Aspects of Claims Resolution

Feb 20, 2019

Independent Medical Examinations (IME) Your workers’ compensation insurance carrier is entitled to schedule an independent medical examination, or IME. They may choose any doctor, chiropractor or psychologist. Usually, the adjuster chooses a doctor who specializes in the worker's injury. The examination may be scheduled at any time during the claim. Once the worker is properly notified of the appointment, he or she must attend. Failure to attend places their claim on hold. Few doctors are willing to perform these examinations. They are in private practice and are not on the staff of ... Read more...

Life insurance protects, offers peace of mind

Feb 20, 2019

These are just some of the findings from the “2019 Insure Your Love Consumer Survey” by Life Happens. The nonprofit association is dedicated to helping more Americans take personal financial responsibility through ownership of life insurance and related products. Its survey also examined ways Americans address financial stress in their lives. LOOKING FOR A NEW WAY TO SAY I LOVE YOU? The survey found 75 percent of people with life insurance say they prioritize the happiness of their loved ones over their personal happiness compared to 66 percent of people without life insur... Read more...

Winter Weather Can Affect Your Business

Feb 20, 2019

Driving on Company Time A major concern regarding winter weather is employees who drive a company car or vehicle as part of their workday. All vehicles should be given a safety check by a mechanic before the bad weather hits, and they should also be equipped with emergency materials such as a snow scraper, blanket, first aid kit and flashlight. In addition, employees should be instructed to dress properly for the weather, including a hat, scarf and gloves, or have extra clothing on hand in case of a breakdown or accident. In order to protect your company against liability, any em... Read more...

Remodeling Your Home

Feb 20, 2019

What Protection Does it Offer? Whether your addition budget is large or small, you are adding both the value of your home and your exposure to risk. To ensure that your project goes smoothly and that you have the coverage you need, here’s what you need to know. Working with General Contractors The best way to minimize your renovation risk is to hire a reputable general contractor for the job. As part of the biding process, ask the general contractor to provide a Certificate of Insurance and/or copies of the policies. Specifically, check for coverage for the following: ... Read more...

Avoid Winter Slip-ups

Dec 31, 2018

Injuries resulting from slips and falls can be devastating. And colder temperatures bring especially hazardous conditions. Prevention Education is essential in preventing winter weather-related injuries. Consider the following recommendations to prevent slip and fall injuries during the winter months: Wear the proper footwear that provides traction on snow and ice. Footwear should be made of anti-slip material; avoid plastic and leather-soled shoes or boots. Exercise caution when entering and exiting vehicles, and use the vehicle for balance and support. Try to walk onl... Read more...

Return to Health and Happiness

Dec 31, 2018

Benefits for Your Company Return to work programs reduce employees’ days away from work, allow employees to recover more quickly and foster a more positive work environment. Implementing a return to work program can benefit your company financially by: Anticipating and controlling hidden costs Reducing the financial impact of workplace injuries Providing a proactive approach to cost containment Improving your ability to manage an injury claim and any restrictions Getting your experienced employees back to work, resulting in less time and money spent on rec... Read more...

A Guide to Seasonal Flu for Seniors

Dec 28, 2018

While the flu has similar symptoms as a the common cold—sore throat, cough, and a runny nose—the flu can result in far more devastating consequences. This is especially true among seniors, who can experience hospitalization or even death. Between 2010 and 2016, a range of 12,000 to 56,000 people died every year because of the flu, according to the Centers for Disease Control and Prevention, and many of them were people over the age of 65. The flu is preventable, too, with vaccines and other preventative measures, so let’s discuss exactly what the flu is, what it looks li... Read more...

Are you covered? Don’t be caught underinsured

Dec 28, 2018

It may be time to ask your independent insurance agent to review your policy. Agents have the software and knowledge to evaluate your risk, and you may find your risk is higher than you think. That’s because replacement cost can be affected by several factors that many people don’t consider. Rebuilding costs – Rebuilding a home is more expensive than building from scratch. Site accessibility, building codes and economies of scale all play a part. After a neighborhood of homes is established, removing debris and taking in heavy equipment can be more time-consuming and ... Read more...

5 Tips to Make Your Passwords More Secure

Nov 27, 2018

1. Change your passwords every 90 days. This might seem like a hassle at first, but hackers have a better chance at cracking your passwords if they never change. It’s also a good idea to avoid reusing passwords. 2. Make your passwords at least eight characters long. Generally, the longer a password is, the harder it is to guess. 3. Don’t use the same password for each account. Hackers target lower security websites and then test cracked passwords on higher security sites. Make sure each account has a different password. 4. Include uppercase let... Read more...

2018 Most Frequently Cited OSHA Standards

Nov 27, 2018

The 2018 top 10 list of most frequently cited standards didn’t change significantly from 2017, with fall protection violations staying on top of the list. In fact, the top seven standards remained the same. Read below to learn more details on the top 10 most cited OSHA standards. Top 10 OSHA Violations Fall Protection (29 CFR 1926.501): 7,270 Citations Falls from ladders and roofs still account for most injuries at work. Identifying fall hazards and finding the best way to protect workers should be your first step when improving safety in the workplace. Some potential so... Read more...

Navigating an Auto Claim

Nov 27, 2018

We want you to have all the information that you need to navigate this trying experience with ease. Here’s how to maneuver through this process: Get out of your car and provide assistance to anyone who is injured. Call the police or highway patrol immediately. They can call emergency personnel for you, if needed. Protect the accident scene by setting up flares, putting up cones or moving your car off the road. Once the police arrive, give them as much information as you can concerning what occurred. Do not admit fault; just give the facts. ... Read more...

Coverage for Your Vacation Home

Nov 27, 2018

The way you utilize a vacation property and how often it’s occupied has a direct impact on the kinds of insurance you will need. Vacation property insurance is typically provided as a “named perils” policy. This essentially means that coverage for vacation homes is not comprehensive, and owners must secure coverage for specific risks, like fires or explosions. In order to properly protect their investment, vacation homeowners should consider the following types of coverage: Contents coverage—Typically, standard home insurance policies protect any property that yo... Read more...

Preparing Your Home For A Disaster

Oct 24, 2018

Have A Disaster Plan The last thing you want is for a disaster or emergency to take place and you or your family members don't know what to do. As part of your preparation, establish a disaster plan. This plan covers what your family should do in case of an emergency, from how to escape every room of your home in case of fire, to who to call if there are no adults at home. List out all exits of the home, all important phone numbers, and copies of all insurance cards and anything else you may need to grab in a hurry. Make sure all adults, teenagers, and any children old enough to get out wi... Read more...

Reminder: Bus safety

Oct 24, 2018

  This loss control information is advisory only. The author assumes no responsibility for management or control of loss control activities. Not all exposures are identified in this article. Visit your local, independent agent for insurance coverage information and advice.     ... Read more...

Construction Risk Insights - Job Site Cellphone Use

Oct 24, 2018

Although cellphones can be a necessary method of communication on job sites, they distract workers from potential hazards and recommended safety practices. And, despite an absence of OSHA regulations pertaining exclusively to cellphones on the job site, OSHA can cite employers for violating the General Duty Clause, which states the requirement to provide a workplace free from recognized hazards. Employers can also violate OSHA’s cranes and derricks standard by allowing cellphones on the job site, since it states, “The [crane or derrick] operator must not engage in any practice... Read more...

4 Reasons Small Businesses Decline EPLI Coverage

Sep 17, 2018

Many owners of smaller businesses make assumptions about Employment Practices Liability Insurance – and some of those assumptions are not true. EPLI coverage provides vital protection for a small business. EPLI provides a limit of insurance, separate from the standard commercial policy, to protect your business operations against many actual or alleged wrongful acts. Those could include personnel and staffing matters, hiring and firing or allegations of discrimination in the workplace. Because circumstances can vary widely, it’s important to assess your situation, consult with... Read more...

Does Business Insurance Cover The Costs Of a Product Recall?

Sep 17, 2018

A well-known food company recalled two brand-name food products after four customers reported finding metal parts in their food. One of the world’s best-selling auto brands faced an airbag recall. And lettuce grown in Arizona caused dozens of illnesses in 35 states. Product recalls like these are often in the news. They’re especially prominent when the federal government mandates that a company pull a supply of its product off the market based on safety concerns that affect consumers. A business can also trigger its own product recall when it suspects a defect or tampering coul... Read more...