risk management

March 4, 2025

Navigating Cybersecurity Challenges in the Health Care Industry

Health care providers have been increasingly utilizing technology and turning to digitization. Innovations such as telehealth, artificial intelligence (AI), digital billing systems and connected devices continue to reshape the industry. Although technological advancements provide several key benefits and can enhance patient care, they create additional cybersecurity exposures. They also expand the attack surface for cybercriminals...

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 11, 2025

Nonprofit Sector Trends to Watch in 2025

To continue serving the public and fulfilling their missions, nonprofit leaders must proactively respond to emerging trends that impact their sector. In 2025, key developments to monitor include cybersecurity and data privacy concerns, the increasing use of artificial intelligence (AI), workforce challenges, and regulatory and compliance requirements. Adapting to these shifts is crucial for nonprofits...

February 6, 2025

Real Estate Industry Trends to Watch in 2025

The real estate sector consists of two categories: habitational and commercial. Habitational real estate pertains to residential properties, whereas commercial real estate refers to buildings utilized for business activities. This industry plays a key role in the economy, providing individuals with comfortable places to live and equipping businesses with adequate spaces to conduct their operations....

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...

January 30, 2025

National Census Shows Construction Industry Had Most Fatalities Among All Sectors in 2023

The U.S. Department of Labor Bureau of Labor Statistics recently released information from its National Census of Fatal Occupational Injuries for 2023. Overall, there were 5,283 fatal work injuries in the United States, with a fatal work injury rate of 3.5 fatalities per 100,00 full-time equivalent workers. The data also showed that the construction industry...

January 28, 2025

Earthquake Awareness Month

February is Earthquake Awareness Month. It is a good time to make sure your property is protected against the impact of earthquakes. Even though earthquakes are seen as more common on the West Coast, earthquakes have occurred in 39 states. Consider implementing the following safety measures to protect your property from the impacts of an...

January 23, 2025

Manufacturing Industry Trends to Watch in 2025

The manufacturing industry plays a critical role in driving economic growth, producing a diverse range of goods essential to global markets. In recent years, this sector has seen significant expansion fueled by increasing production demands and legislative initiatives offering funding and tax incentives. In fact, professional services firm Deloitte reported that construction spending in manufacturing—funds...