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ON-THE-JOB-SAFETY: A BOTTOM-LINE INVESTMENT FOR EMPLOYERS

 ON-THE-JOB-SAFETY: A BOTTOM-LINE INVESTMENT FOR EMPLOYERS
 NEW YORK, March 24 /PRNewswire/ -- As workers compensation costs grows at a pace faster than regular health care, an increasing number of employers are looking to on-the-job-safety programs to help curb costs. Identifying potential hazards and training employees to avoid them will ensure safer working conditions - eventually leading to lower premiums and higher profitability.
 To help employers understand the value of an effective on-the-job- safety program, the next segment of the "Premium Dollar Today," a cable television program on insurance issues, will explore safety and health management practices endorsed by corporations and government.
 The "Premium Dollar Today" will provide employers with safety tips, including:
 -- How to train employees;
 -- Safety procedures for mining, construction, or manufacturing sites;
 -- Preparation for pending safety legislation;
 -- Important workplace safety issues to watch in the '90s;
 -- How the role of loss control departments will change over the next five years;
 -- The benefits of early intervention programs; and
 -- How an effective on-the-job safety program can save business money.
 "Workers compensation has become a volatile cost component for many employers and, unlike regular health costs, every employer is required to pay the tab," explains Herbert E. Goodfriend, moderator of "The Premium Dollar Today" and director of insurance analysis for KPMG Peat Marwick. "One way employers can combat these skyrocketing costs is to ensure safe working conditions and enhance on-the-job-safety priorities. By doing so, the workers compensation liability can be decreased as well as the loss of employee hours.
 The insurance practice of KMPG Peat Marwick, the world's leading accounting and consulting firm, is a contributing sponsor to the cable television series "The Premium Dollar Today." "On-The-Job-Safety," the sixth program in the 1992 series, will air on USA Cable Network, March 25, 6:00 A.M. EST.
 The show is brought to the public by Reliance National Insurance Company and KPMG Peat Marwick in cooperation with the Society of Chartered Property and Casualty Underwriters (CPCU), with editorial input provided by Business Insurance magazine.
 Reliance National is a full service property/casualty insurance operation. It is part of Reliance Group Holdings, Inc., whose operations include insurance as well as technical and management consulting.
 The Society of CPCU is a non-profit association founded in 1944 to promote and ensure excellence in insurance and risk management. The society has more than 20,000 members in 147 chapters across the United States.
 Through 135 offices in the United States, KPMG Peat Marwick provides industry-specific professional services to a broad range of businesses, including insurance and other financial institutions, high technology, manufacturing and health care companies, as well as government, education and other not-for-profit institutions. KPMG has more than 76,000 employees worldwide, operates in 125 countries and posted 1991 revenues of $6 billion.
 -0- 3/24/92
 /NOTE TO EDITORS: KPMG Peat Marwick's insurance practice advises insurance companies on a variety of issues affecting their business. If you would like to speak to a KPMG Peat Marwick professional on workers compensation and on-the-job safety issues please call Beth De Lisi, public relations, 212-909-5128/
 /CONTACT: Beth De Lisi of KPMG Peat Marwick, 212-909-5128/ CO: KPMG Peat Marwick ST: New York IN: SU:


KD -- NY059 -- 1287 03/24/92 17:31 EST
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Publication:PR Newswire
Date:Mar 24, 1992
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