risk management

August 26, 2020

COVID-19 Raises New Risks, Coverage Needs for Security Firms

The COVID-19 pandemic spread uncertainty through businesses in every industry. Fortunately, the security industry adapted early with swift, decisive and flexible responses that allowed them to safely take on new responsibilities while also protecting front-line security officers. However, as the pandemic continues, changing work environments have raised new risk exposures and coverage questions for security firms and...

August 25, 2020

Clarification to the Provision of Face Coverings

While CDC does not consider COVID-19 masks to be PPE, the California Department of Public Health and Cal-OSHA are advising employers to provide face coverings to workers or reimburse workers for reasonable cost of obtaining them. This advisory was noted in their July 29 Guidance for Construction, and the specific language is on page 3. The Construction Industry COVID-19 Safety Plan has...

August 20, 2020

A Brief Guide to Risk Management in Construction Projects

In order to mitigate the risks associated with construction, it is essential to assess the risk accurately and have a control mechanism in place once the threat has been identified. Being able to manage risks effectively will lead you to higher profits and good relationships with the clients. For contractors, the most significant risk is...

August 17, 2020

Unemployment Scams: How to Prepare and Respond

The presence of unemployment-related scams has grown in the wake of the coronavirus (COVID-19) pandemic. Current unemployment scams include both fraudulent claims and unemployment-related phishing attempts. As many employers are currently dealing with the reality of a high amount of unemployment claims, organizations can take steps to prepare for fraudulent activity and to accurately identify...

July 16, 2020

Add a Hurricane to a Pandemic and the Risk Management Considerations Get Very Complicated

ADD A HURRICANE TO A PANDEMIC AND THE RISK MANAGEMENT CONSIDERATIONS GET VERY COMPLICATED It is fair to say the COVID-19 pandemic has been the biggest challenge to enterprise risk management in generations. The challenges have been larger than those faced after 9/11, Hurricane Katrina, Superstorm Sandy or Fukushima. Understandably, for months, risk managers and...

June 23, 2020

Mitigating Construction Risks with Advanced Training Techniques

MITIGATING CONSTRUCTION RISKS WITH ADVANCED TRAINING TECHNIQUES Construction is consistently ranked as one of the riskiest jobs in the United States. Fluid workforces, high-risk scenarios and a communication disconnect between home office and front-line workers all result in the very real possibility of serious injury or even death. One of the major challenges in the...