Welcome to the Q&A Forum

Thanks everyone for your responses. I can see that it is best to simply use www.blockandcompany.com/blog versus www.blog.blockandcompany.com. In checking again with the company that runs my site, I was told there are problems running a site based on Coldfusion (which my site runs) and Wordpress (with is PHP based). I guess they don't play well in the same environment so that is why they are recommending hosting the blog on a different server and using a subdomain. Looks like I'm stuck doing it this way.

It's not really a duplicate content issue, mostly a reporting issue in GA due to some tracking features people choose to implement.  There's a discussion here that tells you how to filter the issue in your reports: http://www.google.com/support/forum/p/Google+Analytics/thread?tid=65a45d4ad4f6871a&hl=en