Northeastern Group

25
Feb

Tips for Managing Financial Risk in Construction Projects

Most construction projects begin with a clear budget and deadline in place. However, life happens, and most projects go over budget and are delivered later than expected. This is trying time, it is essential that all people working on these projects know how to stick to the budget and keep in line with the costs dedicated to the construction. Although

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18
Feb

Understanding the Goal of Workers’ Compensation

Workers’ compensation is an insurance policy that protects the employee in the event of an injury or accident in the workplace. It also protects the employer from lawsuits and the cost of caring for staff from the company’s purse. What’s tenable as compensation for workers? As a worker with workers’ compensation coverage, the following claims are tenable. ● Back pay

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11
Feb

10 Most Common Construction Site Accidents that You Need to Be Aware of

No one wants to sustain injuries as a result of construction accidents. Nevertheless, accidents can happen for one reason or the other. Beyond hazardous materials, dangerous machinery, fatigue, and other common cause of construction accidents, certain scenarios have the potential to cause site injuries. Here are the 10 most common construction site accidents. 1. Slipping & Tripping Slipping and tripping

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4
Feb

A Guide to Finding the Right Umbrella Insurance Policy in New York

As a business owner, you face risks regardless of the industry that you are working in. Accidents can happen at any time and you don’t want to be left unprotected if you are faced with a lawsuit. That’s why having an Umbrella Insurance Policy is so important. Umbrella insurance provides a safety net if something goes wrong. Here is a

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28
Jan

How Can I Get Workers’ Compensation for My Business?

Every business should obtain workers’ compensation benefits. It provides financial coverage for an employee’s medical costs and lost wages when an employee is injured on the job. This insurance helps to protect the employee and the company from costly bills that can arise from the treatment of workplace injuries. Getting a Workers’ Compensation Policy for Your Business While getting a

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21
Jan

Why Have My Car Insurance Rates Increased?

When a car insurance rate increases, it’s not always due to speeding tickets, hitting a parked car, or overall reckless driving. Good drivers can also have their car insurance rates increased, which can be very upsetting and confusing for them. Information from the Bureau of Labor shows that auto insurance costs increased by 50 percent between 2006 and 2016. The

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14
Jan

The Meaning and Importance of Commercial Real Estate Loans

Commercial real estate loans involve offering mortgage loans to organizations to purchase properties for business purposes. Significant examples are office buildings, housing, warehouse, storage, manufacturing facilities, restaurants, raw land, and recreation parks. Why are commercial real estate loans important? Commercial real estate loans are essential financing for most businesses to operate. They are also usually much larger than typical residential

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7
Jan

Can I Work on a Second Job While Collecting Workers’ Compensation?

Workers’ compensation is unbelievably valuable for employees who are injured or sick. It helps to effectively cover medical bills and provide support while out of work. Some employees return to their previous job after they recover, while some seek out new ones. Things can get a little confusing when an employee receiving workers’ compensation benefits starts a new job. To

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22
Dec

What to Expect in a Car Insurance Claim

When you’re involved in an auto accident, working through a claim can be stressful and time-consuming. You may be stressed, flustered, and wondering where to begin. But knowing what to expect can ease you through the process and help you have a pleasant experience working with your claims professional. Although the car insurance claim process can vary, there are some

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17
Dec

When to Review Your Commercial Insurance

Each commercial venture is different. That means they take on different risks and progress at different rates. When it comes to the commercial insurance that protects companies, many business owners have a ‘set it and forget it’ mindset. If your business doesn’t experience significant changes throughout the year, this may be an appropriate method. However, there are a few situations

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