risk management

April 22, 2025

The Importance of Cyber Insurance for Small Businesses

Businesses across industry lines have become more reliant on technology to conduct their operations. However, any digital presence—no matter how small—presents a cybersecurity risk. Whether a business utilizes e-commerce, stores sensitive data or sends emails, it could be vulnerable to cyberattacks. These incidents can result in large-scale financial losses, regulatory fines and reputational damage. While...

April 15, 2025

Mitigating VPN Vulnerabilities

A virtual private network (VPN) is a type of technology that uses an encrypted connection to route internet traffic through a remote server, granting a user access to certain digital services while masking their online activity. Connecting to a VPN establishes a safe tunnel between a user’s device and the internet, making it seem as...

April 8, 2025

U.S. Supreme Court to Hear Oral Arguments on ACA’s Mandate for Free Preventive Care

On April 21, 2025, the U.S. Supreme Court will hear oral arguments in a pivotal legal dispute regarding the constitutionality of a key component of the Affordable Care Act’s (ACA) preventive care mandate. The Court’s decision in this case, Kennedy v. Braidwood Management Inc., will impact the requirement for health plans and health insurance issuers...

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 27, 2025

Unusually Active Hurricane Season in Store for the Atlantic: AccuWeather

Another above-average hurricane season will threaten the Atlantic this year, with as many as six storms affecting the US, AccuWeather Inc. said. Between 13 and 18 storms will at least reach tropical storm strength, and seven to 10 of those are expected to become hurricanes with winds of at least 74 miles (119 kilometers) per...

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 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 11, 2025

Insurance Considerations for Property Management Firms

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...