Risk & Insurance

Employee Embezzlement Just Got a Whole Lot Easier Now that We’re Working Remotely

There’s a hidden risk facing many businesses across the country — one that oftentimes might go unnoticed for months. That risk? Employee embezzlement. Advertisement

Posted: Oct 12, 2020

The Betrayal of Elizabeth

PART ONE: CRACKS IN THE FOUNDATION Elizabeth Cunningham seemingly had it all. The daughter of two well-established professionals — her father was a personal injury attorney, her mother, also an attorney, had her own estate planning practi...

Posted: Oct 11, 2020

Paying Ransomware Demands Could Lead to Federal Fines — for Victim and Insurer Alike

Companies hit with ransomware cyber attacks are facing a new threat — retaliation from the federal government. Advertisement

Posted: Oct 11, 2020

9 People on The Move

Two New CEOS Appointed to Two Catalina Subsidiaries Catalina Holdings announced the appointment of two new CEOS in its subsidiaries. Advertisement

Posted: Oct 11, 2020

Legal Roundup: Google’s Sexual Misconduct Lawsuit, Amazon’s Liability in Death of Teen and More

Google Parent Company to Settle Sexual Misconduct Lawsuits for $310 Million The case: Google faced numerous lawsuits from shareholders claiming that its “brogrammer” culture led to sexual harassment again...

Posted: Oct 10, 2020

Insurance Underwriters Miss Face-to-Face Meetings. But Not for the Reasons You’d Think

For many companies, being able to tell their insurance and risk management story to carriers during in-person meetings has been key to the process of gaining coverage. Advertisement

Posted: Oct 09, 2020

Reduce Opioid Use and Speed Up Recovery by Treating Injured Workers Like Pro Athletes

A cheering crowd in The Los Angeles Memorial Coliseum fell silent as Mary Lou Retton stepped up for her first vault during the 1984 Olympics. Eyes...

Posted: Oct 09, 2020

Reduce Opioid Use and Speed Up Recovery by Treating Injured Workers Like Pro-Athletes

A cheering crowd in The Los Angeles Memorial Coliseum fell silent as Mary Lou Retton stepped up for her first vault during the 1984 Olympics. Eyes...

Posted: Oct 09, 2020

COVID-19 Business Interruption Claims Are Moving Forward in Court; What Insurers Need to Prepare For

As the novel coronavirus continues to impact business operations well into its ninth month, the question of whether companies will receive coverage via business interruption policies remains in the hot seat. Advertisement

Posted: Oct 09, 2020

Protected: 3 Trends Creating Uncertainty in the Insurance Market, and Where Risk Managers Can Find S...

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Posted: Oct 08, 2020

If a Protest Turns Violent, How Will My Insurance Respond?

Josh Bullock couldn’t move. Glued to a live surveillance video feed, he watched as someone smashed the glass door to his downtown Philadelphia restaurant, Farmer’s Keep. Soon, eight people were rummaging through the restaurant he had built...

Posted: Oct 08, 2020

Opinion | 3 of COVID-19’s Crucial Lessons for Workers’ Comp

We present The Teddy Awards to honor companies that demonstrate excellence in their commitment to safe workplaces and to providing care for injured workers. Often, stories include major upheavals and obstacles overcome to achieve success.

Posted: Oct 08, 2020

Health Care Delivery Is Rapidly Transforming. Can Underwriters React in Time?

Health care has always been a dynamic industry with complicated risk exposures, but ...

Posted: Oct 07, 2020

What Are ESG Practices and How Will They Protect Our Company from Reputational Damage?

Risk managers want — and must — be taken seriously, granted appropriate resources and influence strategy. Here’s the thing: This is possible only if risk managers apply their skills to the issues that leadership in management and governance...

Posted: Oct 07, 2020

United Airlines’ Drew Cortese on His Leap into the Workers’ Compensation Profession

Like most people, I fell into this industry. As my

Posted: Oct 06, 2020

D&O Rate Escalations and How COVID Could Make Them Even Sharper

After years of abundant capital and attractive pricing, underwriters of directors and officers insurance (D&O) braced for a hardening market in 2020 — then the pandemic hit. Advertisement

Posted: Oct 06, 2020

Legal Roundup: TikTok Operations Continue in U.S., Blue Cross Insurers Could Settle for $2.7 Billion...

TikTok Sues to Block App Store Ban, Strikes Deal to Continue U.S. Operations The Case: Popular social media app TikTok has sued President Trump and his administration over an order banning TikTok from bei...

Posted: Oct 05, 2020

Broadway Theater Operator Attempts to Recoup from Insurer Monies Lost During COVID-19 Shutdowns

On March 12, a statewide order in New York prohibited gatherings of more than 500 people, effectively shutting down all 41 Broadway theaters in NYC. One operator, Jujamcyn Theaters, which operates five Broadway houses, balked. Its successfu...

Posted: Oct 04, 2020

Starr’s Hank Greenberg to Headline Global Insurance Forum, and Other Highlights from the Two-Day IIS...

C.V. Starr chairman and CEO Hank Greenberg The International Insurance Society Global Insurance Forum is the latest conference to...

Posted: Oct 03, 2020