Before you serve your first customer, your business is at great risk and liability. Thankfully, there are many insurance options to help businesses protect their livelihood. Below are critical types of insurance that restaurants and bars should consider to protect their financial investment.
Slips, trips and falls account for an estimated 12-15% of workers compensation claims. In addition, these incidents cost employers’ tens of billions of dollars per year from regulatory fines, productivity losses, and other administrative expenses. Making sure that you have the correct safety equipment and protocols in place will save you from legal liabilities and costly fines. After all, the average slip in the workplace costs around $20,000 to pay out and $50,000 to defend the claim.(more…)
Restaurants and bars face unique risks and complexities. As an alcohol-serving establishment, your business can be especially vulnerable to legal challenges. Do your bartenders know when to stop serving patrons? Do they know what signs to look for in an intoxicated person?
When Does a Bartender Have the Right to Refuse Service to a Patron?
At some point or another a bartender will likely have to address a belligerent or very intoxicated person. Below are several legitimate reasons to refuse service to a patron:
Working in freezing environments adds an extra layer of danger to any task. Feeling begins to dull, objects are prone to breakage, and ice causes slippery conditions and an unforgiving surface if one should fall. On top of these potential traumas, workers are susceptible to frostbite and hypothermia, each with serious or long-lasting consequences.(more…)
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. Workplace incidents are almost always preventable – it’s just a matter of knowing how.
Why Should You Investigate Workplace Incidents?(more…)
The National Weather Service is forecasting that a very dangerous arctic air mass will move into the Midwest, especially the Upper Midwest, Great Lakes and Ohio Valley regions during the next few days (1/28/19 to 1/31/19). This weather system will bring bitter cold and wind chills which are likely to hit record low temperatures. Are you prepared to prevent frozen pipes in your buildings and structures?(more…)
Do you know what the largest claim type is for Society Insurance? If you guessed slips, trips and falls you’d be correct. In terms of frequency and overall claim cost to Society Insurance policyholders, slip, trip and fall claims account for approximately 44% of overall claims. That being said, there are a number of steps both employees and employers can take to mitigate the risks of parking lot accidents. Obviously, during the winter months it’s not uncommon for there to be snow and ice in parking lots, but there are many other factors contributing to slips and falls in parking lots—all of which business owners should plan for.(more…)
The most popular blog topics of 2018 included… (more…)
The U.S. National Cyber Security Alliance reports that 60% of companies affected by a data breach will go out of business within six months. At a time when technology and the risks associated with it affect every person and business, Society Insurance provides leading-edge Cyber Liability insurance with comprehensive data security and privacy coverage.(more…)
With 44% of Society Insurance claims related to slip and fall accidents, you can’t afford to bury your head in the sand. Even the best slip-resistant shoes may not completely eliminate the risks associated with a greasy restaurant kitchen floor. For this reason, it’s critical that every food serving establishment have an employee training program and written floor cleaning procedures for restaurant grease removal. Since greasy restaurant kitchen floors can have a significant impact on safety and cleanliness, be sure to stay current with, and abide by, manufacturer guidelines for the chemical cleaners your business utilizes. Removing grease from kitchen floors should be top priority when completing nightly cleaning procedures in any restaurant or food serving pub.
Ensuring your business has floor cleaning procedures in place is just the beginning. Here is what every restaurant manager should know about slip and falls and restaurant grease removal.(more…)