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Volume 27, Issue 3

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October 15, 2013

Stretching Risk Management

BY JANET ASCHKENASY

Visit the offices of progressive, safety-minded construction companies these days and you'll see each and every employee -- management level and otherwise -- stretching, bending and reaching before starting the workday.

    In an industry where strains and sprains are by far the most frequent and costly injuries -- followed by falls, which are less common but more severe in terms of the damage -- more and more construction professionals have adopted a "stretch and flex" regimen to minimize on-the-job hazards.

    To protect their bottom lines, they need to. In some regions of the country, New York City in particular, some insurance carriers have found the workers' compensation market for construction so troubling they have withdrawn from it altogether. Contractors have taken on more retentions and are much more vigilant about safety as a result.

    ...

    http://www.riskandinsurance.com/story.jsp?storyId=533355074&topic=Main