Essential Coverages

• Longshoremen’s & Harbor Workers’ Compensation
• Maritime Employers Liability
• Disability
• Life Insurance
• Boiler & machinery, equipment breakdown
• Business Income, including extra expense
• Cyber Liability with data breach
• Employment Practices Liability with third party coverage
• Employee Dishonesty, including customer’s property
• Directors and Officers Liability
• Targeted Hacker Attack, business income
• Identity Theft
• Building and Business Personal Property
• Umbrella/Excess/Bumpershoot Liability
• Worker’s Compensation, state specific and foreign
• Business Income with extra expense
• Valuable Papers and Records
• Electronic Data Processes
• World Wide General Liability coverage
• Auto Liability and Physical Damage
• Truckers/Brokerage Liability
• World-wide Hired and Non-Owned Automobile Liability
• Employee Benefits
• Money and Securities
• First Party Pollution Liability
• Ship Repair’s Liability
• Stevedore Liability
• Terminal operator’s liability
• Wharfinger’s liability
• Contractor’s equipment, including cranes
• Motor Truck Cargo
• Pollution legal liability

Important Workers Compensation Claims management issues

• An experienced USL&H claims management team
• Access to industry leading maritime legal advisors
• Medial Bill Audit Services, including utilizing federal repricing schedules
• Utilizing an advanced Claims Management Information Systems to report, administer, and provide loss data information
• A Coordinated team approach with the insurance company, third-party claims adjuster, risk manager, safety department, operations manager and HR department in the handling of claims
• Knowledge of state act laws in the coordination of duel jurisdiction
• Hiring a qualified private investigator to obtain effective surveillance documentation
• Monitoring public websites for third party suits to obtain subrogation recoveries
• Accessibility to a qualified accident investigator to be used for serious/loss of life type accidents
• Development of emergency contact procedures to be posted and distributed to all supervisors and foreman
• Safety management procedures team to deal with OSHA inspectors at the time of a reportable incident
• Quarterly or Semi-Annual claims meetings with Management/Carriers/Broker and third-party claims administrators to discuss claims management strategies

Critical Risk Management Issues

• Power surges and power failures
• Eyestrain, neck strain, carpal tunnel syndrome
• Employee theft
• Hired and Non-Owned Auto, necessary if employees use their own car to run errands
• Disability. Provides coverage for lost income in the event of a sick or injured accountant
• Business Income. Decrease waiting period. Determine adequate length of time to reopen.
• Prepare a disaster recovery plan
• Building and BPP valuations.
• Replacement cost valuation of new equipment

Questions some agents fail to ask

• Do you issue receipts for each cash payment you receive?
• Who has access to your client records?
• Do you document client decisions and obtain their written approval?
• Are employees trained how to sit at their desk ergonomically?
• Do you have any of your employees run errands? Do they use their own vehicle?
• Do you have a disaster plan in place?
• Do you run background checks on all of your employees?
• What would it cost to replace the current year and model of each piece of equipment?
• What would you do if your office and equipment were damaged or destroyed?

General Liability

A truck driver slipped on frozen metal steps when he went into the terminal operator’s office to review the paper work for his shipment. The truck driver sustained a broken ankle and ligament damage and was unable to drive his truck for nine months. The Terminal operator’s general liability Insurance carrier paid out $650,000 for lost wages, medical, and pain and suffering. The steps were replaced with concrete and a slip proof surface to prevent further accidents.

Maritime Employers Liability.

A maintenance worker was using a small watercraft to inspect and clean drainage pipes on the terminal property. The employee accidentally hit the gas throttle on the boat. He was thrown from the boat and hit his head against the pier. A nearby employee jumped into the water and pulled the unconscious employee to safety. The employee suffered brain damage caused by the injury to his head. The injured worker’s family hired a experienced Maritime attorney to pursue the case under a Federal law. A substantial settlement was obtained, and coverage was provided as the terminal operator included Maritime Employers’ Liability coverage on their workers compensation contract.