The Importance of Employee Health Policies in Hospitality

The Importance of Employee Health Policies in Hospitality

In the hospitality industry, the looming specter of a disease outbreak is ever-present. Restaurants, food service companies, hotels, and cruise lines face many risks, and perhaps the risk with the most potential for negative financial consequences is that of an illness outbreak that affects patrons of the establishment. U.S. Risk Underwriters, a leading insurance broker with tailored specialty insurance programs for the hospitality industry, knows that employers must adopt employee health policies as a critical risk management step. By creating and implementing employee health standards, businesses can protect themselves against disease outbreaks, which can cost thousands or even millions of dollars in unforeseen expenses.

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Breaking Down Liquor Liability Insurance vs. Host Liquor Liability

Breaking Down Liquor Liability Insurance vs. Host Liquor Liability

Business owners that serve alcohol to guests face unique liability risks. In many states, business owners can be held liable for injuries or property damage caused by guests or patrons who are intoxicated. This can apply even to businesses that do not sell or serve alcohol; those that allow alcohol to be consumed on the premises may also be liable under state laws. To protect business assets from legal enforcement or lawsuits, business owners should strongly consider liquor liability insurance. U.S. Risk Underwriters, one of the nation’s leading providers of specialty insurance products, knows that there exists much confusion about the types of liability insurance available, particularly in the differences between liquor liability and host liquor liability policies. In this guide, we’ll break the differences down, allowing you to help clients select the right type of policy for their specific needs.

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The Warning Signs of Fraudulent Workers’ Compensation Claims

The Warning Signs of Fraudulent Workers’ Compensation Claims

If an employee is injured in the workplace, workers’ compensation insurance is often the means by which the injured worker can cover the costs associated with lost wages and medical expenses. Workers’ compensation is required by most states, and employers of any size may offer this valuable occupational insurance coverage as an employee benefit. Unfortunately, there has been a rise in abuse of workers’ comp systems, with fraudulent claims causing an upheaval in coverage and costs. In this guide, we’ll explore some of the warning signs that may come from fraudulent workers’ comp claims, giving you the tools you need to identify fraud before it negatively impacts your overhead expenses. 

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What Happens When a Restaurant is Linked to a Disease Outbreak?

What Happens When a Restaurant is Linked to a Disease Outbreak?

The restaurant industry is known for unique risks. Predominant among these risks is the possibility of a foodborne illness outbreak. According to the U.S. Centers for Disease Control and Prevention (CDC), about 48 million Americans get sick from a foodborne pathogen each year, resulting in approximately 3000 deaths annually. While not all of these disease outbreaks stem from restaurant services, the effects on the restaurant industry can be devastating. Specialty insurance providers like U.S. Risk Underwriters know that restaurants face significant challenges in the face of a disease outbreak, potentially costing millions of dollars in business interruption, legal claims, and sanitation expenses.

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Risk Management Advice for Festivals

Risk Management Advice for Festivals

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, public events come with their share of risks. Venue owners, event promoters, and vendors each have specific risks, and as such must approach each festival with an eye toward risk management. A specialized form of liability insurance called entertainment insurance is the foundation of festival risk management. With a risk plan in place, festivals can protect their financial interests as well as deliver memorable events for participants.

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Cyber Liability Concerns for Healthcare Facilities

Cyber Liability Concerns for Healthcare Facilities

It is no secret that technology has transformed the healthcare industry. From patient tracking to developing innovative treatment protocols and managing facility providers, staff, and assets, technology has been behind some of the most dramatic advances in healthcare delivery. With more and more healthcare facilities relying on computer-based systems, however, the potential risks have evolved. Among the chief risks is that of cyber liability. In fact, healthcare cybersecurity is one of the top safety issues for today’s healthcare providers. U.S. Risk Underwriters, one of the nation’s leading providers of specialized insurance solutions, knows that cyber liability concerns can wreak havoc on a healthcare facility and its operations. In this guide, we will explore some of the liability issues revolving around cyber exposures, then present tips for defending facility staff members and financial assets from loss.

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How Restaurants Can Reduce the Risk of Cross-Contamination and Foodborne Illness

How Restaurants Can Reduce the Risk of Cross-Contamination and Foodborne Illness

Serving millions of people around the world, the restaurant industry faces significant risks as it conducts daily operations. Perhaps the biggest risk is that of foodborne illnesses; the U.S. Centers for Disease Control and Prevention (CDC) estimates that these illnesses affect approximately 48 million people each year in the United States alone. Sadly, foodborne illnesses are responsible for the deaths of 3000 Americans annually. Specialty insurance programs for the foodservice industry, such as those products offered by U.S. Risk Underwriters, can protect restaurants and other food service establishments against financial losses resulting from an illness outbreak. In this guide, we will explore ways that restaurants can minimize cross-contamination of food items, the leading cause of foodborne illness incidents.

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The Greatest Risks Currently Facing the Entertainment Industry

The Greatest Risks Currently Facing the Entertainment Industry

The entertainment industry is a dynamic place, with diverse projects and aspects that are continually changing. The industry aims to provide inspiration, amusement, and enjoyment to millions of people each year; from movie productions to live music performances and the theatrical arts, the entertainment industry is thriving. With those productions, however, come numerous industry risks. Some of these risks are as old as the industry itself, while others are evolving with changing societal trends. Entertainment insurance is the core of risk management in this industry, but production teams, talent, and event venue owners/ operators must be aware of the top risks they may face.

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Personal Injuries on Community Association Property: When is the Association Liable?

Personal Injuries on Community Association Property: When is the Association Liable?

In neighborhoods and community developments across the country, homeowners associations (HOAs) are tasked with maintaining neighborhood standards. These organizations may also maintain and hold jurisdiction over common areas such as walkways, streets, and amenities like playgrounds or recreation areas. The issue of liability has caused many community associations to question who is liable if someone is injured on the property, particularly visitors or other non-resident entities. Leading specialty insurers like U.S. Risk Underwriters have helped community organizations protect their assets and members from the losses associated with personal injuries; insurance is the foundation of any risk management strategy for HOAs and similar organizations.

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What Businesses Can Do to Improve Occupational Safety

What Businesses Can Do to Improve Occupational Safety

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 number of these workplace-related injuries are on the decline, employers still face substantial risks in their operations. Injuries occurring in the workplace account for billions of dollars in losses, including financial losses as well as losses in productivity. Occupational insurance has long been a part of the risk management protocol, but much more is needed to eliminate the sources of injury. In this guide, we will illustrate some of the steps businesses can take to improve occupational safety, reducing injury rates and their corresponding financial impacts.

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