by Society Insurance Risk Management | Apr 6, 2022 | Risk Management
Claims Reporting: A Hypothetical Issue One of your kitchen employees accidently cuts their finger. The employee says they are fine and they are going home to rest. They are off for the week and then seek medical treatment. The employee is diagnosed with a torn tendon...
by Society Insurance Team | Dec 9, 2020 | Uncategorized
Loss run reports. What are they and how do I get one? Below we dive into common questions surrounding insurance loss run reports and the role they play when shopping for business insurance. An insurance loss run is a document that records the history of claims made...
by Society Insurance Team | Feb 20, 2019 | Uncategorized
Workplace accidents happen. But knowing what to do in the immediate aftermath and planning out the appropriate procedures, including incident reporting and investigation, will minimize risks in the long-term and help reduce costs for your business in the short-term....
by Society Insurance Team | Sep 7, 2016 | Auto Service & Garage, Claims, Contractors, Cleancare & Waterworks, Convenience Stores & Gas Stations, Food & Beverage Producers, Hotels, Motels & Resorts, Medical Offices & Clinics, Restaurants & Bars, Risk Management, Small Business, Society Insurance, Supermarkets & Grocery Stores, Workers Compensation
The easiest way to control your claim cost is with prompt reporting. Studies show that claims cost more when reporting is delayed. The sooner a claim is reported, the sooner it can begin to be managed and brought to resolution. Key types of claims that should be...
by Society Insurance Team | Jun 4, 2014 | Claims, Risk Management, Sales, Small Business, Society Insurance, Workers Compensation
No one wants to file an insurance claim, but if an accident does happen, prompt reporting is crucial to recouping your losses quickly and efficiently. Prompt reporting provides an opportunity for claims professionals to offer suggestions that may help reduce your...
