BOSTON — Preparing for the unthinkable requires a lot thought. Risk management professionals on Monday cautioned audiences of the myriad pitfalls in planning for catastrophes during the Risk & Insurance Management Society’s annual conference at the Boston Convention and Exhibition …
The physician couldn’t tell what was causing the smudge on a CT scan of his wife’s lungs, so he referred her to a pulmonologist. That would likely have meant a two-week delay. Instead of waiting, Jorey Chernett, chief executive officer …
ESPN ran an in-depth report recently about insurers being unwilling to cover the National Football League (NFL) for general liability and workers’ compensation due to concerns over player concussions and traumatic brain injuries. According to the ESPN report, Pop Warner …
Maintaining the safety of workers on a six-story job that spans 60,000 square feet is a daunting task, and a concern for not only the construction firm but also its insurer. A recently announced collaboration between Travelers, Gilbane, a large …
An audit recommends the city of Portland improve the way it promotes safety after it was hit with more than $18 million in legal payouts from 2012 to 2016. Cases against the Oregon city included workers getting injured, city vehicles …
A team environment among all levels of staff that adheres to the same safety procedures and practices must be in place in order to create a safety culture that will prevent workplace accidents and injuries, said Vik Ramaswamy, risk control …
Foreign risk management challenges will be a growing concern for chemical firms, according to Ernie Salas, vice president, Specialty Casualty & Construction, Chubb. By 2019, the U.S. is expected to run a $77 billion trade surplus in chemicals, according to …
The high costs related to business interruption should provide an impetus for companies to prep for them in advance, according to industry experts. During a webinar hosted by Marsh, insurance experts detailed the top five issues related to business interruption …
A new advisory examining core risk management concerns for commercial real estate property owners and managers was released by ACE Group last week. The advisory, “Managing Real Estate Liability Risks in a Changed Market,” authored by Joseph Fobert, senior vice …
The CPCU Society will host a Social Media Chat Series this month. Highlighting risk management and insurance industry topics, series sessions will complement sessions scheduled for the 2014 CPCU Society Annual Meeting, which will take place September 20 through 23 …