Risk & Insurance

Longer Claims, Falling Premiums: NCCI Details How COVID-19 Could Affect Workers’ Comp

It seems like everywhere you look, the economic effects of COVID-19 are on display. The stock market

Posted: Apr 30, 2020

COVID-19 Will Hit University Finances; Risk Managers Need to Prepare Now

Higher education is normally insulated from economic disruptions that sink other businesses. After all, a degree is still a necessary ingredient for success in most careers, and many people pursue advanced degrees instead of looking for work when...

Posted: Apr 30, 2020

Legal Roundup: NY Nurses Sue Over PPE, Egg Producer Enraged by Price Gouging and More

Nurses Sue Over Lack of Protective Equipment, Training Amid COVID-19 Fight The Case: The New York State Nurses Association sued the New York State Department of Health and two hospitals. ...

Posted: Apr 29, 2020

There’s the Hard Market — Then There’s the Trucking Industry

There’s the hard insurance market — and then there’s whatever the trucking industry is going through. Rates are rising, markets are shrinking fast, and insurers have become ultra-selective with buyers in the sector. Brokers say severa...

Posted: Apr 29, 2020

COVID-19 Is Exacerbating Employee Burnout. Here’s What Employers Can Do

Homeschooling children, caring for sick relatives and worrying about job security are just some of the new stressors American workers are facing in the wake of COVID-19.  Advertisement

Posted: Apr 28, 2020

Blistering General Liability Exposures Spur Greater Retentions by Commercial Insureds

As capacity shrinks in many insurance lines, more organizations are looking to risk retention strategies to reduce their reliance on underwriters while keeping coverage at more affordable levels. Advertisement

Posted: Apr 28, 2020

Opinion | A Pandemic Risk and Insurance Act Is a Great Idea

Credit to Butler University risk management professor Zach Finn for caring enough to come up with an idea that could actually do some good. As government closures over the COVID-19 threat threw a wrench into the economic activity of the U.S. and t...

Posted: Apr 28, 2020

For This Workers’ Comp Power Broker, It’s All About Education

There’s no denying that Pritchard and Jerden’s Steve Heinen is an impressive workers’ compensation broker. Over the course of his career, he estimates that he’s been involved in over 150,000 workers’ compensation claims, and each of them hav...

Posted: Apr 27, 2020

Workplace Ergonomics and Sports Medicine: Why They’re a Perfect Fit

Safety Professionals, health care practitioners, and human resource providers face common goals in creating healthier environments for our workforce, while improving U.S. industry’s bottom line. Evidence-based, cost-saving programs must impr...

Posted: Apr 27, 2020

Cell Captive Formations Are on the March in Vermont. Here’s Why

Captive insurance was originally set up as an alternative for companies struggling to find affordable coverage in the traditional insurance market. Advertisement

Posted: Apr 27, 2020

COVID-19 Is a Global Battle. But Climate Change Is Still the World’s War, According to Swiss Re

After a community is struck by a natural disaster, it’s easy to see the physical damage. Power lines may be downed after a hurricane or tornado. Water stains mark the siding of houses after a flood retreats.   Advertise...

Posted: Apr 26, 2020

Can the Auto Casualty Claims Process Assist Workers’ Compensation?

In today’s world, data is readily available. In an instant, your smartphone can tell you how many steps you’ve walked today, how many hours you’ve spent on Instagram and how many times you took an Uber last month. In the insurance industry,...

Posted: Apr 24, 2020

From Tech to the Talent Gap, Here’s What Tomorrow’s Risk Managers Should Prepare For

It’s 2040, and instead of a risk management department, a construction company has a highly intelligent robot that assesses and manages all of its risk.  Advertisement

Posted: Apr 24, 2020

NCCI Study Examines Losses Over $1 Million in Workers’ Comp. Here Are the Main Takeaways

Traumatic brain injuries. Motor vehicle accidents. Slips and falls. All of these incidents can lead to major injuries.  They result in time off from work, major surgeries and a different way of life, however briefly, for...

Posted: Apr 24, 2020

COVID-19, Work-From-Home and the Risks of Data Leakage: Here’s How to Protect Your Company

In the time span of a few weeks, our world is dramatically different. COVID–19 has us on full alert for our own health and safety as well as our familie...

Posted: Apr 24, 2020

On Demand Webinar: The Future of Risk CEO Panel

Change makers, leaders, crisis responders–– good CEOs and executives embody all of these roles. They’re the ones who push their industries forward with new ideas and they’re the ones we turn to for guidance when disaster strikes. ...

Posted: Apr 23, 2020

Why Big Data Is the ‘New Microscope’ in Health Care

Partnerships between technology firms and hospitals play an important role in advancing the objectives of health care risk managers. This past fall, The Wall Street Journal reported that technology companies are partnering with hospitals ac...

Posted: Apr 23, 2020

3 Elements of Strategic Corporate Communication During COVID-19

During the unprecedented COVID-19 pandemic, our collective appetite for information...

Posted: Apr 23, 2020

Is Getting an Insurance Designation Worth My Time? Here’s What Professionals Say

Imagine walking into an ice cream shop with a craving for a chocolate sundae and being served vanilla. It’s still an adequate treat, it just didn’t fulfill your initial craving. When it comes to exceeding the expectations of insureds, insura...

Posted: Apr 22, 2020

Legal Roundup: Airlines Sued Over COVID-19 Refunds, Tesla’s Twitter Lawsuit and More

Airlines Sued Over COVID-19 Refunds The Case: Adrian Bombin cancelled his Southwest Airlines flight to Havana, Cuba due to COVID-19. He expected a full refund. Instead he got a travel vouc...

Posted: Apr 22, 2020

How Quickly Can You Apply These Supply Chain Risk Lessons from the Chemical Industry?

Some people may be aware that GE-brand light bulbs have not actually been made by General Electric in many years. Some may also know that the gasoline at a Shell station was likely not processed in a Shell refinery; even less likely that the crude...

Posted: Apr 22, 2020

Key Coronavirus Emergency Sick Leave Considerations for Employers

Poms & Associates, an insurance brokerage based in Los Angeles, is hosting a series of educational webinars addressing the coronavirus. The first in the series, titled “Coronavirus Law,” features Rebecca Torrey, an employment law expert. ...

Posted: Apr 21, 2020