Risk Management
April 3, 2025
April Marks Distracted Driving Awareness Month
The National Safety Council designates April as Distracted Driving Awareness Month. This annual campaign is intended to raise awareness about the dangers of distracted driving and encourage drivers to minimize potential distractions behind the wheel. Distracted Driving Overview The Centers for Disease Control and Prevention defines distracted driving as any activity that may divert a...
March 25, 2025
Contractual Risk Transfer for Landlords
Risk management is an essential aspect of property leasing, and one method that landlords can utilize to reduce potential losses is contractual risk transfer. This legally binding strategy assigns responsibilities for liabilities and related costs to the party who may be best positioned to control the risk. Together with other risk management strategies (e.g., risk...
March 20, 2025
4 Reasons to Provide Employees with Ergonomic Furniture
Creating a workplace where employees feel valued and supported goes beyond offering competitive salaries and benefits. The right furniture can enhance comfort and have far-reaching impacts on safety, efficiency, and overall employee satisfaction. If you want to build a workspace that promotes well-being and success, consider these reasons to provide your employees with ergonomic furniture....
March 18, 2025
Navigating a Growing Array of Benefits Options
In today’s labor market, offering a robust benefits package is essential for employee attraction, retention and well-being. The rise of voluntary benefits to supplement mainstays such as health insurance, 401(k) and leave has resulted in more than 150 available options on the market for employers to consider. As such, it can be daunting for employers...
March 13, 2025
Cal/OSHA Amends Residential Construction Fall Protection Standard
California OSHA (Cal/OSHA) has amended its fall protection standards in residential construction and roofing. The amendments include making the fall protection height standard 6 feet instead of 15 feet, making it more uniform to align with federal OSHA standards, and removing the term “impractical” and replacing it with “infeasible” within certain fall protection requirements. This...
March 6, 2025
Report Reveals a Rise in Cargo Theft
A new report released by multinational data analytics company Verisk revealed that a record-setting 3,625 cargo theft incidents occurred across North America in 2024, reaching nearly $455 million in valued losses. This article summarizes key findings from the report and highlights recent cargo theft incidents. Key Findings The Verisk report confirmed that cargo theft frequency...
February 25, 2025
2025 Construction Industry Trends
Several trends look to impact the construction industry in 2025. As such, construction business leaders should monitor these developments and adjust their risk management programs accordingly. Trends to watch include: Economic Headwinds While the overall inflation rate has cooled from its recent highs, it continues to influence a range of costs in the construction industry....
February 18, 2025
Common Exposures for Personal Lines Clients
Personal lines insurance can be a crucial aspect of financial planning that offers individuals and families financial protection against various risks. Personal insurance refers to a range of policies aimed at safeguarding individuals and their families from financial setbacks caused by unforeseen events. This type of insurance encompasses policies such as auto, home, renters and...
February 13, 2025
Navigating Cybersecurity Challenges in the Manufacturing Industry
The manufacturing sector has experienced rapid technological advancements over the past few years. Innovations like artificial intelligence (AI), smart machinery, equipment monitoring software, digital sales systems and analytics platforms continue to reshape the industry. Although the technological advancements provide several benefits, they also present additional cybersecurity exposures. They expand the attack surface for cyberthreats, and...
February 4, 2025
Cal/OSHA’s COVID-19 Prevention Nonemergency Rules Expire Feb. 3
On Feb. 3, 2025, most of the California Occupational Safety and Health Administration’s (Cal/OSHA) nonemergency COVID-19 prevention regulations (the rules) expire. These regulations were adopted to reduce employee exposure to the virus that causes COVID-19, thereby reducing workplace COVID-19 illness and transmission. The COVID-19 recordkeeping requirement will remain in effect until Feb. 3, 2026. Even...