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With deep roots in the environmental industry, we’ve created the Berkley Environmental blog, covering everything from informative articles covering industry nuances to our team’s environmental efforts.

The Value of Earth Day

What makes Earth Day so special is that it reminds us that we can make a difference, with even the smallest actions, and gives us the opportunity to act.

 

Over 50 years ago, Earth Day was created to bring attention to how our collective actions were affecting our environment and to make us pay attention. On April 20, 1997, about 20 million Americans joined in demonstration to push our country and Congress to create the nation’s first of many environmental laws. Since then, Earth Day has served as a celebration of our collective desire to help protect our planet.

Nuclear Verdicts 101

If you find yourself wondering, “what even is a Nuclear Verdict anyway?” no need to worry, we’ve got you covered.

 

A nuclear verdict can be defined as: an exceptionally high award that surpasses what should be a reasonable or rational amount.

 

More often than not, a nuclear verdict will provoke an automatic and intense response of shock, far more so than your average trial outcome which could simply be summed up as unfavorable.

 

The Psychology of Anchoring

The anchoring effect is defined as: a cognitive bias that describes the common human tendency to rely too heavily on the first piece of information given.

 

It’s a proven psychological technique that’s gaining serious popularity within present day trials, and is widely known to be enhanced by repetition. And aside from being able to persuade a jury, psychologists have determined that this technique also works on judges and people in positions of power.

 

El Asegurador Magazine Feature – Joaquín Neira

Our own Joaquín Neira, Vice President for Latin America, was asked by El Asegurador Magazine, one of Mexico’s top insurance publications, to shed some light on the growth of Environmental Liability insurance.

 

Topics he was asked about range from the industry’s performance in Latin America to the evolution of client expectations when dealing with an unexpected event.

 

An Employer’s Role in Accident Management

Just as you care immensely for those who belong to your organization, we hold that same regard for every member of the Berkley family – including you and yours. After an accident, it’s our objective as your Carrier to work with you to reach the safest, most effective course of action. We don’t just believe in two-way relationships, we practice them daily. And we aim to provide our customers with the confidence and protocol knowledge to handle whatever comes their way, starting with the top of command – the Employers.

 

Everything You Need to Know – Workers Compensation

We know. You’re probably thinking “Ah, jeez… not this again.” And we get it. At first glance, Workers Compensation may be seen as an intimidating and complex process to understand. But, hear us out… whether this is your grassroots experience learning about Workers Compensation or you’re a seasoned Insurer looking for a quick refresh, our goal is simply to break down its key elements, and supply you with the knowledge needed to deal with such proceedings confidently.

 

What to Know When it Comes to Reporting

Are you aware that the cost of Employee Accident Claims grows exponentially as time goes on? Unfortunately, yes, this is true, and backed by loads of evidence to prove it. Let’s dive into some key reporting requirements, as well as some tips as to how you can avoid costly fines in the long run.

 

How to Remain on Track When Accident Reporting (New York + New Jersey)

The safety and well-being of your employees is always your number one priority. But even with all the safety measures you have in place, an accident could still occur. The following can help make sure you stay on track when reporting any injury that might have been sustained as a result of an accident, as well as filing your Workers Compensation Claim. Please keep in mind: the information below applies to New York and New Jersey specifically.

 

New York Timeline