Risk Management

November 20, 2023

Fostering a Culture of Workplace Safety

Fostering a strong safety culture provides many benefits. In addition to reducing the risk of workplace accidents, such a culture can also help improve employee morale, enhance a business’s reputation and minimize related costs and liabilities. This article explains what it means to have a strong safety culture, outlines associated benefits and provides strategies companies...

November 16, 2023

NLRB and OSHA Announce Partnership to Strengthen Worker Safety Protections

On Oct. 31, 2023, the National Labor Relations Board (NLRB) and Occupational Safety and Health Administration (OSHA) executed a Memorandum of Understanding (MOU) regarding a partnership to strengthen worker safety protections. The partnership is designed to enhance protections for workers who speak out about health and safety conditions in the workplace or engage in a...

November 15, 2023

Common Social Engineering Tactics to Watch For

Social engineering refers to a cyberattack method in which a cybercriminal preys on key human behaviors (e.g., trust of authority, fear of conflict and promise of rewards) to obtain unwarranted access to targets’ technology, systems, funds or data. These attacks can be deployed through various tactics, such as digital impersonation, deceitful messages or malicious software...

November 9, 2023

Employer-reported Nonfatal Workplace Injuries and Illnesses Up 7.5% From 2021

Private industry employers reported a 7.5% increase in nonfatal workplace injuries and illnesses in 2022 compared to 2021, according to the U.S. Bureau of Labor Statistics. The incidence rate of total recordable cases was 2.7 cases per 100 workers who are full-time equivalent (FTE). In 2022, the rate of injury cases remained at 2.3 cases...

November 8, 2023

Fire Prevention Tips for Small Businesses

Fire Prevention Tips Fires can devastate small businesses, causing property damage, loss of inventory, disruptions in operations and even endangering the lives of customers and employees. However, many of these fires can be prevented through proactive measures. To prevent fires and ensure the safety of employees and customers, small business owners should consider the following...

November 6, 2023

The 2023 Cyber Year in Review

When everyone thinks of cyber, first-party ransomware claims spring to mind, but this year there has been a more significant rise in third-party liability claims driven by pixel and tracking software-related matters. As more U.S. states pass laws against the collection of personally identifiable information, tracking software claims have evolved. This new trend follows other data privacy trends that...

November 3, 2023

Protecting Your Business Against Frozen Pipes and Sprinkler Systems

During the winter season, businesses face a unique set of property challenges, including the risk of frozen pipes and sprinkler systems. These issues can result in costly damage, disruption of operations and potential safety hazards. It is essential to understand which pipes and systems are most vulnerable to freezing, the impact of cold weather on...

October 31, 2023

Protecting Your Building and Occupants From Vehicle Crashes

Vehicle crashes into buildings can result in severe property damage, which can lead to expensive repairs and business interruptions. In a worst-case scenario, such accidents can cause injuries or even fatalities. As a business owner, it is crucial to take proactive measures to protect your property from these incidents. This article aims to help you...

October 26, 2023

Fall Protection Tops List of OSHA Citations for 2023

For the 13th consecutive year, lack of fall protection topped the U.S. Occupational Safety and Health Administration’s preliminary top 10 most frequently cited workplace safety violations for fiscal year 2023. OSHA tallied 7,271 violations of its general fall protection requirements, according to the list released Tuesday at the National Safety Council’s Safety Congress & Expo....

October 18, 2023

The Impact of Secondary Perils on Property Insurance

Secondary perils, such as severe convective storms, floods, wildfires and hailstorms, have significantly impacted the commercial property market. In fact, according to industry data, secondary perils have consistently accounted for over 50% of insured natural disaster losses in recent years. This article provides more information on secondary perils, including their impact on the property insurance...