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Coronavirus Risk Management

Coronavirus Risk Management 150 150 Dominion Risk

We are all aware of the Coronavirus and the growing number of cases in the United States. As we see large organizations and industries responding, we would like to help our clients in a small way as you navigate uncertain times. We ask you to consider three things: Are there immediate risk management steps that you can take to protect your employees, customers, and your business from the impact of the Coronavirus? Is there any…

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Compliance Bulletin: DOL Increases Civil Penalty Amounts

Compliance Bulletin: DOL Increases Civil Penalty Amounts 150 150 Dominion Risk

Highlights Annual Updates The DOL must adjust its civil penalty amounts for inflation each year. Possible Penalties The DOL may assess these penalties on employers that violate federal laws that the DOL enforces, such as the FLSA, ERISA, the FMLA and the OSH Act. Compliance Review To minimize potential liability, employers should review their compliance with laws enforced by the DOL.           Effective Date Jan. 15, 2020 The increased amounts apply…

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FMCSA to Double Random Drug Testing for Commercial Motor Vehicle Drivers

FMCSA to Double Random Drug Testing for Commercial Motor Vehicle Drivers 150 150 Dominion Risk

The Federal Motor Carrier Safety Administration (FMCSA) announced Dec. 27 that it is doubling the minimum annual percentage rate for random controlled substances testing for commercial motor vehicle drivers. The current rate of 25% of the average number of driver positions will be increased to 50%. The FMCSA is required to increase testing when data from a calendar year shows a reported positive rate of 1% or more. In 2018, the administration’s Drug and Alcohol…

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Preparing for an OSHA Visit

Preparing for an OSHA Visit 150 150 Dominion Risk

Use the guidelines below to help prepare for an OSHA inspection. What triggers an OSHA inspection? An OSHA inspection can be triggered by any of the following: Planned inspection Complaint National/local emphasis program (e.g., lead, amputations) Site-specific targeting program (high incident rate sites) Follow-up on a previous inspection Imminent danger Fatality What comprises an OSHA inspection? Recordkeeping OSHA 300 logs from the last five years (or records of work-related injuries and illnesses) OSHA 301 forms…

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Worker’s Comp Insights: Prompt Claims Reporting

Worker’s Comp Insights: Prompt Claims Reporting 150 150 Dominion Risk

The Importance of Prompt Claims Reporting The rising cost of claims presents a significant challenge for employers today. However, there is a simple strategy that can significantly reduce your claims costs: report all claims promptly. In fact, the sooner a claim is reported, the lower the cost is likely to be. Beyond cost, reporting claims promptly can help avoid unnecessary conflict with insurance companies, ensure a proper investigation, preserve employee morale and maintain compliance. Minimize…

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October is National Cyber Security Awareness Month

October is National Cyber Security Awareness Month 150 150 Dominion Risk

The frequency and severity of cyber attacks continues to grow, and businesses of all sizes should consider their risks during National Cyber Security Awareness Month. Make sure to ask these four questions when you create a cyber security plan at your business: 1. Who is in charge of updating hardware and software at your business? Is there a plan in place to roll out updates, and who has administrative access to your systems? 2. If…

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Learn About Our Referral ProgramSupport local!

Refer a friend or business to Dominion Risk Advisors and you can earn a gift card to a local business or we'll make a charitable contribution in your name.

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