Risk Management
March 16, 2023
Mobile Device Security Threats and How to Prevent Them
Mobile malware—malicious software designed to gain access to private data on mobile devices—is a growing threat to companies’ cybersecurity. As companies embrace remote work and more employees use their personal devices for work-related tasks, cybercriminals are finding more opportunities to exploit these vulnerable and often unsecured devices to access corporate servers and sensitive information. The...
March 14, 2023
Cal/OSHA Proposes Revisions to Workplace Lead Exposures Standards
On March 3, 2023, the California Occupational Safety and Health Standards Board (Cal/OSHA Board) proposed to revise the standards for workplace exposure to lead for the general industry and construction industries. With the revisions, Cal/OSHA cited a need to adequately protect employees who are exposed to lead in their occupations. This proposal would reduce the...
March 7, 2023
Construction Site Suspension Trauma
The risk of serious injury or death doesn’t end after a construction worker’s fall has been arrested. Although personal protective equipment (PPE) may prevent ground impacts, it may leave you or your co-workers vulnerable to the harmful effects of suspension trauma, also known as orthostatic intolerance or harness hang syndrome. Suspension trauma can occur due...
February 21, 2023
HR In 2023: Anticipating And Overcoming The Challenges Ahead
As we enter 2023, the importance of employee well-being and the ‘human touch’ in the workplace is expected to continue to grow in significance. With a changing economy and shifting workforce expectations, HR departments must proactively address various challenges and opportunities. From managing employee well-being to investing in learning and development, HR will be crucial...
February 20, 2023
Revealed – Issues Challenging Commercial P&C in Today’s Environment
Commercial property and casualty (P&C) insurance carriers have been delivering strong financial performance in recent years despite the widespread disruption caused by the COVID-19 pandemic and other global events, according to a recent McKinsey report. The report noted that premiums have been driven by extensive risk-adjusted rate hardening on a year-on-year basis, resulting in an...
February 13, 2023
Four Benefits of Quickly Reporting Workers’ Comp Claims
Workplace injuries are a reality that many small businesses face — especially those in higher-risk industries such as manufacturing, construction and transportation. Workplace accidents happen, regardless of the industry, so it’s important to understand the benefits of efficient reporting of workers’ comp claims. The amount of time it takes to report claims can have a...
February 9, 2023
Returning to the Fundamentals of Risk Management
The beginning of the year marked the return of the annual World Economic Forum in Davos, Switzerland, with the theme of “Cooperation in a Fragmented World”. For more than 50 years, the Davos Forum has brought together business leaders, governments, academics, and civil society experts to address and discuss the world’s most pressing challenges. Coinciding...
February 8, 2023
Long COVID’s Effect on Workers Comp Costs Remains Unknown
Workers compensation claims involving long COVID may rise this year, though cost projections are hard to come by, experts say. In January, the Workers Compensation Research Institute reported that comp claims with long COVID had higher-than-average medical payments and indemnity payments and longer durations of temporary disability than regular COVID-19 claims. “In particular, we found...
February 7, 2023
Email Security Best Practices
Since organizations rely heavily on email to communicate and conduct business operations, cybercriminals commonly target email as an entry point to access networks and breach valuable business data. In fact, 94% of malware is delivered by email, according to Verizon’s Data Breach Investigations Report. Following a cybersecurity breach, organizations may suffer financial, reputational and intellectual...
February 1, 2023
Managing Real Estate Assets Through Inflation
While the signals are mixed, there are signs that inflation is finally easing. We can debate the measures the Fed and the Biden administration have taken to push back against rising costs, but inflation control would undeniably be a good thing for the bottom lines of investment real estate properties. Job market and supply chain...