News and Articles—Risk Management



articles image_0057_53.jpgChallenges in Implementing Risk Management Measures

November 19, 2019

Risk management is a fundamental component of every business or organization. Identifying risk exposures, then creating solutions to help mitigate or reduce those exposures, is an important tactic designed to keep overhead costs in check.… more ▶


articles image_0054_56.jpgThe Most Important Steps in Developing a Risk Management Plan

October 22, 2019

For any business, risk management is the cornerstone of success. Reducing or eliminating risk exposures helps to drive down overhead expenses, including insurance claims, property loss or damage, and liability… more ▶


articles image_0051_59.jpgWhy Healthcare Risk Management is Crucial

September 17, 2019

In any business environment, managing one’s risks is the key to success. Risk management is the practice of identifying the unique risks inherent in an operation, then taking steps to mitigate those risks. In the healthcare sector, risk management is of the utmost… more ▶


articles image_0039_71.jpgRisk Management Advice for Festivals

May 14, 2019

Across the country each year, festivals bring together hundreds of thousands of people. These festivals can take any number of forms and can include musical performances, arts and crafts, sports, or thrilling spectacles. For the organizers of these festivals… more ▶


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Employment Laws and Risk Management: What Every Employer Should Know

May 11, 2021

In the modern business world, the relationship between employer and employee is complex. A range of laws govern the rights and responsibilities of both parties; failure of employers to adhere to these laws can result in expensive regulatory penalties and… more ▶


articles image_0060_50.jpgTrucking and Fleet Risk Management Strategies

December 17, 2019

Among business operations, trucking companies and fleet management firms face some of the most diverse and dynamic risks. Transportation is inherently risky, with many moving parts coming together to transfer cargo and personnel across the country… more ▶


articles image_0034_76.jpgWhat Businesses Can Do to Improve Occupational Safety

March 19, 2019

Workplace accidents can occur at any place and at any time. According to the United States Department of Labor’s Bureau of Labor Statistics, there were nearly three million non-fatal workplace injuries and illnesses reported in 2017. While the frequency and… more ▶


articles image_0007_103.jpgOccupational Accident Insurance Could Be the Answer in the “Gig Economy”

May 24, 2018

The workplace in America has shifted in recent years. What used to be a fairly straightforward organization of employers and employees has transformed to a large degree toward on-demand workers coordinated by employers, staffing management agencies… more ▶


articles image_0005_105.jpgHow Public Liability Insurance Differs from General Liability Insurance

May 17, 2018

Liability coverage is a specialized form of business insurance, designed to cover the policy holder’s legal responsibilities in incidents or events covered by the policy. Business owners in fact have two major types of liability insurance to select from… more ▶


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Understanding Risks of New Housing Development

May 25, 2022 | If you underwrite property insurance, you may be wondering whether insuring new housing developments is a safe move for your agency… more 

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The Benefits of Special Event Insurance

May 16, 2022 | Whether you specialize in professional liability insurance or another type of insurance, there’s a chance some clients might ask you about… more 

 

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4 Steps to Handling Worker's Compensation Claims

May 1, 2022 | The National Safety Council reported that a single worker’s compensation claim could cost as much as $42,000 on average. This figure represents… more