Author Archives: Mike Rosenau, MBA, CSP, ARM, Society Insurance Risk Control Manager

About Mike Rosenau, MBA, CSP, ARM, Society Insurance Risk Control Manager

Mike has a Bachelor of Science in Fire and Safety Engineering Technology and Master of Science in Loss Prevention and Safety from Eastern Kentucky University. In addition, he has earned a Master of Business Administration from Seattle Pacific University. Mike holds the following designations: Certified Safety Professional, Certified Fire Protection Specialist, Certified Safety and Health Manager, Associate in Risk Management and Occupational Health and Safety Technologist.

6 Tips to Reduce Carbon Monoxide Hazards

Colder weather is upon us and most people have turned up the thermostat or started some fires in the wood burner to stay warm. With this cold weather lurks a danger that most of us aren’t aware of until it is too late. Carbon monoxide is a gas byproduct produced by incomplete combustion. Carbon monoxide (CO) is a poisonous gas, which is colorless, odorless, and tasteless. When CO is breathed, it displaces the oxygen in the blood and deprives the heart, brain, and other vital organs of oxygen. Large concentrations of CO could overcome you in minutes without warning and cause you to lose consciousness and suffocate. (more…)

Employee Dishonesty: Prevent Fraud (Part 2 of 2)

This entry is part 2 of 2 in the series Employee Dishonesty

Employee fraud and dishonesty take a toll on business of all sizes. Last week, I provided a list of concerns that should be investigated to protect your business from occupational fraud. This week, I share ways to take action to prevent these business-damaging events.

One aspect of fraud prevention includes thorough fraud detection training. Teach employees and managers the impact fraud can have on the organization, what constitutes fraud, the warning signs of fraudulent activity and how to report suspicious behavior. (more…)

Employee Dishonesty: Identify Threats (Part 1 of 2)

This entry is part 1 of 2 in the series Employee Dishonesty

Employee fraud and dishonesty take a toll on business of all sizes. This week, I provide a list of concerns that should be investigated to protect your business from occupational fraud.

Employee dishonesty can be damaging to both your business’ bottom line and reputation. Occupational fraud can result from theft of money, securities or other property of the employer. A recent report from the Association of Certified Fraud Examiners (ACFE) found that the typical organization loses an estimated 5 percent of its annual revenues to occupational fraud. In that same study, the ACFE found the median loss caused by occupational fraud was $140,000. This is a loss no business or organization can afford. (more…)