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Risk Insight

Fire Prevention Safety Tips

While deaths from fires have steadily decreased over the past several decades, thousands of Americans die by fire every year, and thousands more are injured. According to FEMA estimates,  the damage from fires cost over $25.6 billion in 2018 alone. Following a summer of record-breaking wildfires, comes the peak time for fire-related deaths: the winter…

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Preventing the Top Insurance Claim: Slips, Trips, and Falls

Year after year, slips, trips, and falls remain the number-one insurance claim for property owners. More than three million people visit the emergency room each year because of falls, according to the CDC (Centers for Disease Control and Prevention). The average hospital visit costs $30,000 to $50,000. Add in factors like ongoing medical bills and…

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What are the Risks of a Vacant Property?

As coronavirus wreaks havoc on the economy, many businesses have had to shutter their doors, some temporarily and others permanently. With less contents and risk of damage by occupants, you may think that vacant properties pose less risk than one that is occupied. But this is sadly not the case.

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Addressing, Reporting Misconduct in a Virtual Environment

With a shift to Work From Home (WFH), many companies may think they no longer have to worry as much about workplace misconduct. But that isn’t the case, because even with reduced physical interaction and many colleagues interacting virtually, cyberbullying, harassment, and discriminatory practices are still thriving.

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Inside the Liability Risks of Turning Hotels Into Dorms

Over the last several months, hotels have been coming up with innovative ways to generate revenue and stay afloat with tourism virtually nil and business meetings going virtual amid the pandemic. Some hotels are offering on-site offices while others have extended their pool hours to attract more guests. But some hotels have pivoted to provide…

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Mitigating Fitness Center Risks

Industry experts estimate that 59% of U.S. business travelers used hotel gyms prior to the coronavirus pandemic. As gyms across the country, including those in hotels, reopen, hotel owners need to worry about both the coronavirus and traditional fitness center risks. Controlling the spread of coronavirus in gyms is likely at the forefront of everyone’s…

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Business Continuity Planning: Are You Prepared?

When disaster strikes, it can cost money. The lost revenue and extra expenses incurred by business interruption reduces profits — and insurance cannot cover all costs. Through the implementation of continuity plans, the strongest businesses are able to maintain their operations amidst natural disasters, economic crises, or even so-called “black swan” events like the COVID-19…

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Cybercrime 101: Types of Cybercrimes Every Business Should Understand

Cybercrime is pervasive, and increasingly so in this covid, work-from-home age.  According to Cybersecurity Ventures, cybercrime damage is expected to cost the world $6 trillion by 2021. In this article, we will explore the different types of cybercrimes to help you better understand the threats facing your business and your customers’.

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What May Lie Ahead: The Onset of Potential EPLI COVID-19 Related Claims

The workplace landscape changed so quickly and dramatically amid the coronavirus pandemic. Many businesses were forced to close, reopen and close again; millions of employees were furloughed or laid off; and employers had to set up policies and procedures as scores of professionals and others were sent home to work.

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Inside the HVAC Risk and COVID-19 Exposure in Restaurants, Office Buildings

COVID-19 is spread either by inhaling respiratory droplets or, more rarely, touching a contaminated surface and then your eyes, according to the World Health Organization (WHO) and the Centers for Disease Control and Prevention (CDC). However, aerosol transmission of the disease cannot be ruled out, says WHO, with the possibility that the virus can be…

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