Do you have the right insurance?  Let me be the judge of that!
 
Toro Insurance Consultants is an unbiased, fee-only insurance and risk management advisory firm. We don't sell insurance and we never accept fees or commissions from insurance companies or agents.
    

Toro IC web site

In this issue...
Hazardous to Your Health
The Bull Stops Here Video Series
The Bull Stops Here Blog
Don't Go bare on Watercraft
Toro Store

How's Your Business Continuation Plan?  Are You Prepared to Keep Your Doors Open After the Big One?

If you can't answer these questions, your business could go under BEFORE you ever get your insurance check.
 
Learn how to protect your business continuity and survive a disaster.  I'm proud to be a member of the Agility Recovery Solution team.  Find out how you can improve your disaster recovery plan today.
 
Call me at 360-697-1058 or e-mail me at dan@toroic.com to learn more.
 
Check out this video testimonial on Agility by clicking here.
Toro Insider Membership Changes
NEW - The Toro Insider membership programs has made changes that will benefit YOU. Take a test drive before you buy with a 30-day, No-obligation trial membership.

Are you a small business that needs solutions to insurance challenges like finding the right agent, lowering your premium, and preventing claims?
 
Does your business need risk management help for running safety meetings?  Do you wish you had someone to ask?
 
Now you do.  Starting right now, you can get insurance and risk management advice with a select membership program where you pay monthly for solutions to your insurance challenges.
 
To learn more about Toro Insider, click here
 
To try this program out for free, simply register online.  Your credit card won't be billed for 30 days as you try out the program.
 
To take advantage of this trial membership, contact Dan at dan@toroic.com or
360-697-1058
Resources

The Bull Stops Here
ed. #38

August2008
Dan Weedin photo 

Thank you for subscribing to my monthly newsletter. 

 

In this issue, you will learn how your operations can literally make your employees (and your wallet) sick.

 
You will also find some tips on personal insurance coverage that you need to consider if you own any watercraft.

 

You also get a look at highlighted articles from my blog, The Bull Stops Here.

 
Finally, a big thank you to all of you on helping me reach 3 years in business! Thank you for your support and business.  It's hard to believe but time certainly does fly. 
 

I hope you enjoy this month's newsletter!

 

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Hazardous to Your Health

 
Are you making your employees sick?
 
You may not be but the inherent hazards in your business operations may be.  Regardless of the type of business you are, you will have some hazardous materials that can cause injury, illness, or death to employees.  How you manage this risk will go a long way to saving your employees' health and your wallet.
 
According to industry trainer J.J. Keller, the Occupational Safety and Health Administration (OSHA) handed out nearly $550,000 in fines for Hazardous Communication Standards violations.  It's a Federal Law for most businesses to train your employees in the "Right to Know" about hazards that can harm them.  Have you recently trained your employees?
 
I know, I know, it's hard to keep up with all the requirements and your employees are busy.  Plus, you don't know how to train them.  Okay, I've heard all those before.  That may be all true but you do have a moral and regulatory duty.
 
What's your duty?  According to the OSH Act of 1970 that regulates this requirement -
(a) Each employer --
  (1) shall furnish to each of his employees employment and a place of employment which are free from recognized hazards that are causing or are likely to cause death or serious physical harm to his employees;

(2) shall comply with occupational safety and health standards promulgated under this Act.  
(b) Each employee shall comply with occupational safety and health standards and all rules, regulations, and orders issued pursuant to this Act which are applicable to his own actions and conduct.
 
Manufacturers are required to provide Material Safety Data Sheets (MSDS) on everything from cleaning supplies to chemicals, to auto parts fluids, to lumber products.  With the advent of the Internet, that system has become less burdensome.  That being said, how many employers are taking the time to train their employees?  Are you?
 
Here are the consequences - Fines (as you see above) and increased workers compensation costs.  The bottom line is that you can reduce your risk of employee injuries, which leads to higher work comp rates, and avoid costly fines if you simply train your employees annually.  There are many services and program that can do the job for you.  In fact, that is one of the services I offer in my practice.
 
Now is a great time to review your risk management progress for the year.  If you haven't trained your employees in Hazardous Communication Standards, what are you waiting for?  An invoice from the government?  An injured employee?  Take steps now to protect your employees, your liability, and your bottom line and arrange for HazCom training today.  Don't let your employees get sick on you.
 
 
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The Bull Stops Here Video Series

 
Check out my quick risk management series now on You Tube at http://www.youtube.com/toroconsulting...
  • Episode 1:Can You Hear Me Now - learn about the new WA State law on cell phone use and what you can do to quell distracted driving in your business and family.
  • Episode 2: Beating the Heat - Heat-related Illness and Injury is a HOT topic nowadays for business owners.  Learn three (3) strategies your employees can use to beat the heat.
  • Episode 3: The Close Call - Learn how near-misses in your business can be an opportunity to reduce damaging losses.

Subscribe to the channel for FREE and get an e-mail notice every time I post a new video.

By the way, I finally learned how to use Windows Movie Maker...the quality is now better!
 
From my Blog
 
You have the opportunity to read several of my past blog posts for the month.  Please take a look at some of the new articles posted in the last month... 
  • What Signs Are You Missing?  Is it costing you money.  Click here to read.
  • What do you need to do when you have a property claim?  Click here to find out.
  • Fall Protection at it's finest.  Find out how it can save your employees' life.  Click here to read and watch.
  • Can employee theft happen to you?  Click here to read.
  • Yes, brick buildings DO BURN.  Click here to watch.

Don't miss a post - add me to your RSS Feeder today!

Dangers of Going Bare on Watercraft Coverage
 
 

Boatowners typically face large property and liability loss exposures from their boating activities while often going without proper insurance. The following loss scenarios point to the need for specialized boatowners coverage. Remember that many of these loss examples are not covered (or have tough restrictions) under the standard personal auto or homeowners policies.

  • Your cruiser collides with a speed boat whose operator fails to yield the right of way, causing extensive damage to your boat. The owner of the speed boat does not have any insurance coverage.
  • An expensive bass boat you just purchased is stolen from your home.
  • Your 27-foot-long sailboat is damaged by a major hailstorm while docked at the marina.
  • Your sport fishing boat is struck by lightning, incapacitating its electrical system.
  • Your son's friend is water skiing behind your boat and he falls into the lake, injuring himself, due to the excessive speed of the boat.
  • You negligently cause another boat to overturn to avoid a collision.
  • Your outboard motor explodes, seriously injuring your next door neighbor.

If you have any watercraft exposures, please call my office and let's discuss reviewing your loss exposures and insurance solutions.

 

Check Out the Toro Store
 
-- Do you need help bidding your insurance?
 
-- Are you frustrated by your personal insurance policies?
 
-- Don't know where to turn?
 
Check out my online store.  You will find two booklets that will solve the insurance challenges you face.

Feel free to forward this newsletter to your colleagues and friends.  And send your comments, questions, and suggestions to dan@toroic.com.  They are always welcome!  You received this publication because you subscribed or gave permission to add your name to the distribution list.  To unsubscribe, e-mail  toro@toroic.com

Comments in this newsletter regarding insurance policies or products are for information purposes only and do not constitute an endorsement.  I accept no fees or payments of any kind from any insurance organization or any company mentioned in this newsletter.

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