Have you ever slipped, tripped or fallen? Perhaps you have watched a television show where a slip, trip and fall was the punch line for a joke. Slips, trips and falls are no joke, however, and rank among the most frequent types of accidents, second only to motor-vehicle accidents as a cause of death. According to recent information from the Bureau of Labor Statistics, they are second in the number of disabling injuries in occupations, accounting for nearly 25 percent of all disabling injuries. (more…)
Did you know the largest single claim type, in terms of frequency and overall claim cost to Society Insurance insureds, is the slip/trip and fall claim? In 2014 alone this type of loss was close to 50% for both liability claims received and liability payments. How do you tackle such a giant loss leader you ask? I think of it this way; the best way to eat an elephant is one bite at a time. Let’s break this down, one bite at a time. (more…)
In part three of this four-week Winter Defense Series, I provide suggestions to protect your business from the leading cause of loss — slips and falls. If you missed the other ways you can keep yourself and your business safe this winter, check out Dress to Protect with clothing and layering suggestions, as well as Recognizing Dangerous Symptoms, which identifies warning signs and first aid for frostbite and hypothermia.
Slips and falls can happen anytime and anywhere, but the likelihood increases in winter due to snow and ice build-up outdoors and slush and water being tracked into buildings. A Society Insurance study of restaurant and tavern losses found slips and falls were the leading source of customer injury. A national study found slips and falls were the second-leading cause of employee injury, increasing 41 percent since 1998! (more…)
One of the greatest risks grocery and convenience stores face is oftentimes right under your feet: slippery floors. In a study conducted by the National Safety Council over 8 million annual emergency hospital visits result from slips and falls. According to the U.S. Occupational Safety and Health Administration, these incidents also lead the country in workers compensation claims and rank as the second highest cause of accidental death.
Grocery and convenience stores are especially susceptible to wet floors because of heavy foot traffic, spillage and leaks from refrigerators. If an employee or customer happened to slip and injure themself while on your premises, your business could be held responsible. (more…)
The insurance tips and trends to help you make smart safety decisions for your business, plus an inside look at Society.