This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

August Is The Most Dangerous Month For Texas Workers

Stocks in this article: TRV

August is the most dangerous month of the year when it comes to on-the–job injuries, according to an analysis of Travelers’ claim data in Texas from the past two years. Texas employers filed more workers compensation claims in August than any other month. These claims are often from injuries that may be avoided, including strains, sprains, lacerations and contusions. With this data in mind, Travelers is helping Texas employers take the necessary steps to keep their workers safe.

“Employees are the backbone of any successful company, so it is important that employers take steps to keep them healthy and safe at work,” said Kim Bittle, Regional Vice President, Travelers. “The good news is many of these injuries are avoidable, and business owners can take advantage of risk management tools that help them build effective safety strategies in the workplace.”

A company can reduce its financial exposure to a workplace accident by ensuring it has workers compensation insurance in place. However, according to the Texas Department of Insurance, one-third of all businesses in Texas are non-subscribers to the workers compensation system. For small business owners, a single on-the-job accident could cripple their operations if they are not covered. An independent insurance agent can help business owners learn more about what coverage is needed for their particular business and industry.

To help businesses promote worker safety, Travelers recommends that employers take the following steps:

  • Establish an integrated safety culture – Visible evidence of a commitment to safety can be shown through top management’s attendance at safety meetings, their review and action on accident reports and establishing an employee-managed safety committee.
  • Implement a safety management program – A comprehensive safety program should address worker security and overall safety.
  • Educate and train – Avoiding injuries can be improved with proper safety orientations, regular safety coaching from an effective mentor and regular communication.
  • Hire the right person for the job – Selecting skilled, safe, dependable employees is the first step in establishing an organization’s safety culture.

Travelers customers, agents and brokers can access training resources and safety checklists via our secure Risk Control portal. For additional information on managing risks and workers compensation insurance, visit www.travelers.com.

About TravelersThe Travelers Companies, Inc. (NYSE: TRV) is a leading provider of property casualty insurance for auto, home and business. The company’s diverse business lines offer its global customers a wide range of coverage sold primarily through independent agents and brokers. A component of the Dow Jones Industrial Average, Travelers has more than 30,000 employees and operations in the United States and selected international markets. The company generated revenues of approximately $26 billion in 2012. For more information, visit www.travelers.com.



1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,461.32 -153.49 -0.92%
S&P 500 1,927.11 -14.17 -0.73%
NASDAQ 4,382.8470 -36.6310 -0.83%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs