Across the country property and business owners have been overwhelmed by damage caused by tornadoes, fire, flood, and other disasters. For many, this is the first time they have experienced such loss, and they become targets of insurance fraud when questionable contractors show-up in damaged communities offering to clean and repair the damage, handle the insurance claim, and other services.
A dishonest contractor may collect payment without completing the work, they may use inferior materials, or they may perform work that is not up to code. It’s not uncommon for a fraudster to convince a property owner that a large deposit is required before work can begin. Often, the work is started, but not completed before the crooks disappear. Further, a contractor that manipulates the price to cover the deductible or extra work not caused by the disaster is committing insurance fraud.
Stay up-to-date with the current Running Harvest Prices Averages for several commodities. These prices are current as of October 15, 2018. The price discovery period for corn and soybeans will continue throughout the month of October. Be sure to contact an ABIS crop agent for further questions and future up to date information.
Proper Maintenance of Grain Storage Helps Preserve Value
Autumn has officially begun and that means crops have grown and harvest is among us, which makes this the perfect time to start your fall cleaning and prepare for grain storage. Taking action beforehand helps ensure the condition of grain stored, as well as costly consequences that result from maintenance neglect.
Findings from an analysis of 2017 cyber claims data revealed that negligence was the most common cause of loss for the healthcare industry and a hacking attack the most common for non-healthcare organizations. However, ransomware was the second most common cause of loss for all industries.
Ransomware is a cyber-related threat with a monetary demand. The threat is typically to divulge or destroy information, to insert malicious code into a computer system, or to damage, destroy or prevent access to a computer system. According to the report, “2018 Cyber Claims Digest,” by NAS Insurance, there was a 152 percent increase in ransomware as a cause of loss in the healthcare industry between 2016 and 2017.
Each year since 1944, the third week of September has been recognized as National Farm Safety & Health Week. This has been an annual recognition initiated by the National Safety Council and has been proclaimed as such by each sitting U.S. President since Franklin D. Roosevelt signed the first document. It is now is now managed by the National Education Center for Agricultural Safety (NECAS).
Dehydration may seem like a minor ailment, but it can be quite dangerous. In fact, most heat illnesses are caused by dehydration. Did you know that by the time a person is thirsty, he or she is already 2 to 3 percent dehydrated? Once this occurs, it's difficult to make up for the lost hydration.
The Department of Labor (DOL) issued a final rule that increased the civil penalty amounts that may be imposed on employers under various federal laws. The DOL’s final rule implements the 2018 annual adjustments for civil penalties assessed or enforced by the DOL, including penalties under the FLSA, FMLA, OSHA, and ERISA. The increased penalty amounts became effective on January 2, 2018, and may apply for any violations occurring after November 2, 2015.
Hacking and cybercrime are in the news daily, and everyone has likely been impacted by it in some way from the numerous high profile breaches of the companies that store our data. The increase of these threats has awakened us to the reality that we need a level of vigilance that offers better protection.
The calendar may record the first day of summer as June 21, but Mother Nature has a mind of her own. In the Midwest, we have already broken heat records. While that may be nice if you’re spending the day hanging out at the lake, it can be dangerous for those who work in hot temperatures.
In this video series we will be talking all things surrounding the 2018 Farm Bill. Each episode will review various topics and questions in hopes of shedding informative light with the help of our guests and discussions.
Let us know your thoughts and feedback during each episode and what you’d like to see next!
Find our first episode down below and be sure to subscribe to our YouTube Channel so you don’t miss out!