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Tag Archives: Insurance

Risk Management

By Jayme Bates Due to the high cost of equipment ownership, many would-be equipment owners have become equipment renters, and many of our dealers are reporting increased rental revenues versus a year ago. However, there may still be money, and risk, left on the table if you’re not currently offering some sort of rental equipment protection. There is an opportunity ...

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Controlling Your Workers’ Compensation Costs

How your experience modifier affects your bottom line By Paul Praxmarer The cost of workers’ compensation insurance would rank as one of the top five highest costs on a typical profit/loss statement for a company in the material handling industry. Your workers compensation insurance premium is determined by payroll, manual rate, insurer credits and debits, and your experience modifier. Controlling ...

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Secured Transactions

Use of a secured transaction can help companies in lift truck, conveyor and storage and handling distribution companies reduce losses. By Bart A. Basi.

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Your Experience Modification Factor

The Workers' Compensation Experience Modification Factor is based on losses and company size, and affects the company's workers' compensation premium. By R. Scott Wolff.

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Business Income Insurance

Business income insurance is designed to replace income a company would have earned had no loss occurred as a result of a catastrophe. By R. Scott Wolff.

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