Crest Monthly News & Views – August 2019

It’s time for the August edition of CREST  News & Views! As we come upon Labor Day weekend and one of the busiest travel weekends of the year, please be sure to check out our article on distracted driving. There’s timely information, and we could all use reminders to pay closer attention, even if it is just a trip across town! It is so easy to take your eyes away for a moment, but so dangerous.

If you need additional information on the insurance topics we are featuring this month or have any commercial insurance questions, please feel free to contact us.

In this Issue:

8 Ways to Identify Risks in Your Organization
jenga showing business risk

Creating a risk management plan is simply about formalizing the procedures you have developed over time and being able to devote your resources more effectively. The first step in this process and one of the most important is identifying your risks.


New Fatigue Reports Awaken Employers to Injury Risks
injury after car accident

NSC information suggests that employers with 1,000 employees could incur losses of more than $1 million per year in missed workdays, lower productivity and increased healthcare due to employee fatigue.


Bringing marijuana into the workplace
woman looking at marijuana from dispensary

There are many ardent proponents of the medicinal qualities of cannabis. In terms of whether or not to provide coverage for cannabis for workers’ compensation or health-related claims, there are no easy answers for insurers.


Background on: Distracted driving
distracted busy driver woman

Activities that take drivers’ attention off the road, including talking or texting on mobile devices, eating, conversing with passengers and other distractions, are a major safety threat. The use of mobile phones and other electronic devices while driving has emerged as one of the leading causes of distracted driving-related crashes.


Should I buy long-term care insurance?
long term care insurance label

If you need long-term care services and have to pay to obtain them, what financial resources could you call on? If you’re over 65, don’t rely on Medicare or private health insurance. Medicare doesn’t pay for custodial care, and private health insurance rarely pays any of the cost of long-term care.


More millennials, Gen Z-ers shopping for car insurance
millennial driver

Millennial and Gen Z consumers played a large role in auto insurance shopping increases, as they made up 39% of the consumers shopping for auto insurance in 2018, up from 35% in 2017.


family traveling on weekend