Tag: Risk Management

Commercial Insurance Prices Hit Highest Average Increase Since 2003

U.S. commercial insurance price increases hit their highest level since 2003 in the fourth quarter of 2020, with the average across all lines up over 10%, according to Willis Towers Watson’s Commercial…

‘Bad actors are out there’: Cyber experts have long warned of an attack on water supply systems

The announcement of a Feb. 5 cyberattack on a public drinking water supply in Florida, an event that could have been much worse, illustrates the gaps in critical infrastructure cybersecurity and the…

Warning Signs (Leading Indicators) that an Incident or Injury is Coming

In the safety world, you often hear professionals talking about leading indicators for safety, essentially the warning signs that an incident or injury may be about to occur. Some of these safety…

Winter is Coming. So Is an Increase in Slips and Falls

Year after year, slips, trips, and falls remain the number-one insurance claim for property owners. More than three million people visit the emergency room each year because of falls, according to the…

Congress Debates COVID-19 Liability Shield as Businesses Call for Protections

Hundreds of trade groups representing every sector of commerce have asked Congress to pass legislation to shield businesses and schools from litigation as they navigate reopening amid the ongoing COVID-19 pandemic, but…

Preventing Paycheck Protection Program Loan Scams

The COVID-19 pandemic and subsequent shutdowns have meant perilous times for small businesses across the country, with many shutting down temporarily or even permanently. As part of the U.S. government’s efforts to…