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Temporary staffing agencies were designed to help outside businesses fill positions within their companies, often for a short period of time. Staffing agencies need to provide insurance in the event that damages or an injury occurs, among other concerns. And they must do everything in their power to facilitate their clients while protecting their work force.
Clients rely on the talents and services of temp workers, so a temp agency must maintain a large enough talent pool to serve the staffing needs of its demographic. The types of temporary positions have evolved, so in addition to the need for basic clerks or office support staff, many agencies provide highly trained or educated professionals as well.
This includes accountants, physicians and even computer programmers. A temp agency must carefully study and understand the different staffing needs in their area and recruit and retain the best-qualified temp workers. To counter any mistakes, especially where professional help is being provided, youll need staffing insurance to address a myriad of concerns.
Applicant dishonesty among primary concerns
Successful temp agencies take the time and expense necessary to adequately screen new candidates. This in an vital step in maintaining qualified applicants in order to assure clients that those coming from the agency are competent and can fill in without a lot of additional training to help get the job done.
The temporary staff becomes the means by which an agency is evaluated and desperate applicants may actually lie about certain skills and experience in hopes of securing a higher pay scale or landing near the top of the talent pool list. To protect themselves, temp agencies must go above and beyond in conducting an interview.
Office support should be properly tested on their typing ability and computer skills. Interviews should ensure the knowledge of procedures and proof of any training for anyone considered for medical or other highly trained fields. This should be supported with documented proof.
Any recommendations and/or references should be thoroughly checked and verified, and previous employers should be contacted to validate work history, an often time-consuming process, and also one that is easily overlooked especially in times of high demand. But sending under-qualified workers to a client could prove even more costly. Not doing due diligence can lead to a lawsuit, another important aspect of having staff insurance in place at all times.
Finding the right E and O insurance for an insurance agency is a tricky thing that needs to factor in what kinds of clients you have, how big your agency is and much more. Without the right errors and omissions insurance, you could have to pay any damages you are found liable for out of your own pocket.
Like other forms of insurance, you can find errors and omissions coverage in markets catering to the insurance agencies and the coverages they need. These insurance plans can include everything from general liability on the building and agents to more specific plans for the industries you serve. For instance, agents who work with construction agencies are likely to face damages resulting from materials failure, labor disputes and more while agents who work with medical professionals are likely to face damages resulting from malpractice suits. If a judge decides that part of the damages your client has had to pay result from errors or omissions on your part, then you will need to pay a portion of those damages as determined by the court.
When you are looking for E and O insurance for an insurance agency, it is important to keep in mind that the risks your clients face are also the ones you do. This means that if you work with higher risk clients, your errors and omissions coverage will need to be higher than if you are working with relatively low risk industries.
Keeping your home and family safe is probably the most important thing you can do. Step one is to make sure you have excellent homeowners insurance. A Glen Rock house insurance professional can work with you to determine exactly what you need to keep you and your home protected. You wont have to worry about damage to your house or other structures on your property your policy will cover that. You wont have to worry about your valuables your policy will cover those. You wont have to be concerned about your swimming pool or about someone having an accident while in your home — an excellent insurance policy will keep you covered in the event of a lawsuit. Your homeowners insurance will also provide much-needed funds in case a fire keeps you out of your home and needing a hotel stay.
If you have a swimming pool on your property or many valuables in your home, you may need additional coverage. A Glen Rock house insurance professional will help to determine this. He or she will also tell you how a standard policy can be further strengthened by add-ons features that include Inflation Guard Coverage, Expanded Credit Card Theft, Forgery Coverage, Extended Replacement Cost Coverage and Broadened Theft Protection Coverage.
Owners of recreational boats are required by federal law to register their vessels, much like an automobile. Should an accident occur on a recreational boat it must be reported to the Coast Guard whenever there is a fatality, or if someone is seriously injured and requires medical treatment. Also, if damage to the boat or other property exceeds $2,000.00, the boat is lost, or a person disappears from the boat.
From 2015 to 2016, deaths increased 12 percent from 626 to 701, injuries increased 11.1 percent from 2,613 to 2,903, and the total number of accidents increased 7.3 percent from 4,158 to 4,463. Many of these recorded incidents could have possibly been prevented with better safety training. Local boat owners should also carry Newport beach boat insurance to address concerns related to injuries or damage to watercraft.
Coast Guard cites more education about boating is needed
The boating safety community should view these statistics as a stark reminder of the importance of boating safety education, said Capt. Scott Johnson, Chief of the Office of Auxiliary and Boating Safety at Coast Guard Headquarters.
We are committed to providing boaters with resources including boating safety classes and vessel safety checks. One person lost or injured to a preventable boating accident is one too many so we encourage the boating public to use these educational resources as a means to prevent accidents.”
Alcohol often contributes to deaths and injuries
Research has shown that alcohol, combined with typical boating conditions such as motion, vibration, engine noise, sun, wind and even spray can impair a person’s abilities much faster than alcohol consumption on land. Boats operated by persons with a blood alcohol concentration (BAC) above 0.10 percent are estimated to be more than 10 times more likely to be killed in a boating accident than boat operators with zero BAC.
Alcohol is often a factor in boating deaths, and was the leading known contributing factor in fatal boating accidents, listed as the leading factor in 15 percent of deaths during this same period. Other factors were operator inattention, and operator inexperience.
Deaths and injuries can be greatly reduced by making sure that any person operating a boat is not doing so under the influence of drugs or alcohol, is an experienced driver (or has someone with experience supervising them), and is giving the task of maneuvering the vessel through water and past obstacles their undivided attention. Make safety a priority, but only Newport beach boat insurance will aid owners when a situation requires financial restitution.