The Alcohol Risk Management Plan Convenience Stores Will Need Summary New laws are holding convenience stores liable for selling gas to drunk drivers. It is time to create an alcohol risk management plan to protect your convenience store. This year, the National Association of Convenience Stores (NACS) raised alarm about a new law implemented by Read The Full Article →
What is a Waiver of Subrogation Rights & How Does it Work? A Waiver of Subrogation Rights is a contractual agreement where an insured waives the right of their insurer to “step into their shoes.” This means the insurer cannot go after an at-fault party for recovery after settlement to the insured or a third Read The Full Article →
Why Include Water Management in your Risk Management Plan Summary Legionnaires’ Disease, a severe form of pneumonia that causes inflammation in the lungs, can be serious for some patients. Recently, Michigan has seen a spike in illnesses due to this disease. We are going to go over how this disease is spread, the side effects Read The Full Article →
What to Do if a Subcontractor Does Not Have Liability Insurance When working with subcontractors, it is important to make sure they have the right insurance protection. This can get confusing when you are dealing with many people on several projects. Additionally, some contractors do not even know what insurance they need to require for Read The Full Article →
How to Create a Summer Heat Risk Management Plan Summary This summer, industries across the United States were forced to change their Outdoor Employment rules to protect employees from extreme weather conditions. The most important case took place in June of 2021 in Seattle, Washington, where temperatures soared to 104 degrees Fahrenheit. The state implemented Read The Full Article →
The Most Important Supply Chain Risks for Manufacturers In supply-chain risk management, many organizations often do not know where to start. For manufacturers, the supply chain is always changing, and this means risks are always evolving. This could include supplier, process, shipping, and even finished product risk. Because of the speed at which risks pop Read The Full Article →
Fraud Trends to watch in 2021 Summary Recent global events like the COVID-19 pandemic and the historic Atlantic Hurricane Season in 2021 are among the many forces driving the environment and current economic state. In this context, insurers are streamlining their Fraud Detection Programs and working to identify new operational efficiencies. This effort results in Read The Full Article →
Steps to Achieving Operational Resilience Businesses of all sizes face operational disruption. One of the most important things for businesses to achieve is the ability to come back from these disruptions. This is what we call Operational Resilience. Operational Resilience is an organization’s ability to predict, mitigate, respond to, and bounce back from disruptions in operations Read The Full Article →
Police advise Motorists to keep Car Windows closed Summary An unusual car accident in Ohio leaves motorists concerned about insurance coverage and Cicada’s ability to cause damage. A car accident in Cincinnati, Ohio, was caused by an unusual suspect, but one we have all heard mentioned in recent months. The Cicada. But how does a tiny insect, Read The Full Article →
What is a Construction Defect & What Insurance Do You Need? Construction defects are common, just like the insurance claims that accompany them. These defects arise from faulty work, damaged materials, and even common mistakes. As a result, anybody in construction needs to understand what a construction defect is, how it happens, and how to Read The Full Article →
