California Restaurant Mutual Benefit Corp (CRMBC)

⁉ Are You Prepared for the Hidden Risks of Workers' Compensation?⁉ As a restaurant owner, it's vital to understand that workers’ compensation claims can lead to unexpected civil lawsuits. In this new #blogpost, Michael Adreani advises that employees often “double dip” by filing both claims simultaneously. He advises: 💡 Stay Proactive: Document every interaction during the claims process and consult legal counsel early. ⚠ Don’t Rely on Settlements Alone: Settling a workers' comp claim won’t protect you from future civil lawsuits. Have clear policies in place. 💻 Read more here: https://lnkd.in/gTa9D6R5 #WorkersCompensationInsuranceCalifornia #RestaurantInsurance #WorkersCompInsurance #GeneralLiabilityAndWorkersCompInsurance #RestaurantBusinessInsurance #BestRestaurantInsurance #InsuranceForARestaurant #CRMBC Kaya Stanley

📈 Is Managing HR Yourself Holding Back Your Restaurant's Growth? Fast-growing restaurants often try to handle HR internally, but as Heather Bischoff explains in our latest podcast, this can lead to costly mistakes—especially regarding workers’ compensation claims. A lack of proper training or oversight can quickly escalate into claims and litigation that could have been avoided with expert HR management. 💡 One answer is fractional HR - a practical solution for scaling restaurants. Fractional HR offers growing restaurants the expertise they need without the cost of a full-time team. 🎧 Listen here: https://lnkd.in/gBJtcHAx 💻 Watch here: https://lnkd.in/gPQChXPU #WorkersComp #RiskManagement #CRMBC #SelfInsurance #WorkersCompensation #FractionalHR

🚀 Introducing the CRMBC Restaurant Owner Resource Hub! 🚀 We’re thrilled to announce the launch of our Restaurant Owner Resource Hub, a valuable platform to provide you with essential business tools and resources. https://lnkd.in/gip59M6j 🔎 What’s Inside? 🔎 Our first offering is access to third-party vendors offering valuable services explicitly tailored to restaurant operators. As a CRMBC member, you’ll enjoy special deals and discounts from select vendors, helping you save costs while enhancing your operations. Our first vendors include KingBenefits Insurance Solutions, Inc., TriageNow, Paylocity, and Human Interest. And if you have a resource you'd like to share with the network, please get in touch with us today! CRMBC doesn't endorse or vet these vendors, and we encourage all members to thoroughly review and assess the offerings to ensure they meet your needs. #CRMBC #RestaurantOwners #BusinessGrowth #EmployeeBenefits #CaliforniaRestaurants #SelfInsurance #PayrollSolutions #401k

Uncovering Workers' Comp Fraud: Insights from Investigator Gene Immendorf CRMBC's Self-Insurance Podcast recently spoke with private investigator Gene Immendorf on uncovering potential fraud in workers' compensation claims. Gene shared two key insights: The Power of Comprehensive Surveillance: Effective claims investigation requires thorough surveillance, ideally spanning multiple days. A rushed process can overlook critical evidence, leading to inconsistencies in a claimant's narrative. The Value of Verbal Communication: Verbal exchanges can yield richer insights than emails. Gene noted that quick phone calls with adjusters or employers could uncover red flags that written communication might miss, ultimately leading to a more successful investigation. For more from Gene... Watch here: https://lnkd.in/gBZiSUCj Listen here: https://lnkd.in/gJNrGUcP

🔎 Uncovering Workers' Comp Fraud: Insights from Investigator Gene Immendorf CRMBC's Self-Insurance Podcast recently spoke with private investigator Gene Immendorf on uncovering potential fraud in workers' compensation claims. Gene shared two key insights: 📷 The Power of Comprehensive Surveillance: Effective claims investigation requires thorough surveillance, ideally spanning multiple days. A rushed process can overlook critical evidence, leading to inconsistencies in a claimant's narrative. 📞 The Value of Verbal Communication: Verbal exchanges can yield richer insights than emails. Gene noted that quick phone calls with adjusters or employers could uncover red flags that written communication might miss, ultimately leading to a more successful investigation. For more from Gene... 💻 Watch here: https://lnkd.in/gBZiSUCj 🎧 Listen here: https://lnkd.in/gJNrGUcP #SelfInsurance #workerscomp #WorkersCompensationInsuranceCalifornia #RestaurantInsurance #ClaimsManagement #CRMBC #SelfInsurance #InsuranceForRestaurants

Are You Prepared? How Self-Insurance Can Safeguard Your Restaurant Against Workers’ Compensation Claims Managing workers’ compensation claims has become critical as restaurant owners grapple with rising operational costs and labor shortages. Our recent discussion with industry expert Mike McDonough, SIP, revealed two pressing issues: ⚕ Addressing Continuous Trauma Claims: Did you know that 38% of workers' compensation claims in California relate to continuous trauma? This issue allows employees to file claims for injuries that develop over time, leading to increased litigation costs. Establishing a solid safety culture and encouraging proactive injury reporting can significantly mitigate this risk. 💲 Managing Catastrophic Claims Costs: The hospitality industry is witnessing a 91% rise in catastrophic claims exceeding $2 million. While advancements in medical technology save lives, they also contribute to higher long-term care expenses. Restaurant operators must implement robust safety measures and risk management strategies to protect their bottom line. 💻 Read more from Mike here: https://lnkd.in/g_4fzATs #WorkersCompensation #CaliforniaRestaurants #SafetyCulture #RiskManagement #ContinuousTrauma #CatastrophicClaims #CRMBC #SelfInsurance

A recent study by the California Self-Insurers' Security Fund - CASISF, self-insured employers save an average of 21% on workers' compensation costs; by exploring self-insurance options with CRMBC, you can join a community dedicated to enhancing savings and improving employee safety.

🚀 Embracing Change for Employee Well-Being at NORMS Restaurants! NORMS Restaurants has joined #CRMBC and is expecting to save $150,000 in the first year. This partnership reflects a shift toward a proactive approach to managing employee safety and claims, which is crucial in today’s restaurant landscape. NORMS investment in employee well-being isn’t just a trend; it reflects a strategic move that can lead to long-term success. Let’s prioritize a safer, more transparent workplace together! 💻 Read the full press release here: https://lnkd.in/gWnkgMb2 #SelfInsurance #EmployeeWellbeing #RestaurantIndustry #CRMBC

🗺 Understanding Workers' Compensation: Key Insights for California Restaurant Owners As a restaurant owner in California, grasping the complexities of workers' compensation is vital. Here are two critical insights from industry expert Mark Walls: ⚕ Addressing Continuous Trauma Claims: Did you know that 38% of workers' compensation claims in California relate to continuous trauma? This unique challenge means employees can file claims for injuries that develop over time, leading to increased litigation costs. A solid safety culture and proactive injury reporting can help mitigate this risk. 💲 Managing Catastrophic Claims Costs: The hospitality industry is witnessing a 91% rise in catastrophic claims exceeding $2 million. While medical technology advancements save lives, they also lead to higher long-term care expenses. Restaurant operators must implement robust safety measures and risk management strategies to protect their bottom line. Investing in loss prevention and staying informed about these trends can create safer work environments and manage costs effectively. 💻 Read more from Mark here: https://lnkd.in/gRuBBrpH #WorkersCompensation #CaliforniaRestaurants #SafetyCulture #RiskManagement #ContinuousTrauma #CatastrophicClaims #CRMBC #SelfInsurance

❓ Is Your Workers' Comp Strategy Truly Working for You ❓ Restaurant owners often face hidden risks with traditional commercial insurance. In our latest podcast, Scott W. Gaffner, CRM,CIC, #CRMBC’s Chief Underwriting Officer, shares why self-insured groups offer a smarter, more tailored approach to managing workers' comp. 💡 The Flexibility of Self-Insurance: “We underwrite to the current situation,” Scott explains. Unlike traditional insurers, CRMBC evaluates operations in real time rather than relying solely on historical data like the X-mod. This gives restaurant owners more control over their claims and reduces unnecessary penalties. ⚠ The Danger of Low Premiums: Don't be fooled by commercial insurers offering low upfront rates.  "If we feel like we're just writing a check and not responsible for anything, we could get lost in that cycle… and now the effect is going to come up and bite me." 📺 Watch here: https://lnkd.in/gmeXMeVv 🎧 Listen here: https://lnkd.in/gfezSmXx #SelfInsurance #RestaurantOwners #WorkersComp #RiskManagement #InsuranceInsights #CRMBC