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 …
Natural catastrophes are growing more costly and uninsured losses are increasing, according to David Cole, chief risk officer of Swiss Re Ltd. “When they happen, they are more severe,” he said today at a presentation in Zurich. More losses occur …
The threat of regulatory investigations and inquiries, criminal penalties, along with anti-corruption legislation, are among the top concerns for directors and officers according to a new survey conducted by Willis Group Holdings, the global risk adviser and insurance broker, and …
Sentry Insurance, a national mutual insurance company, released a mobile version of its risk management solution at the 2013 RIMS Annual Conference & Exhibition in Los Angeles. Sentry Insight Mobile provides an improved, customer-focused way for businesses to receive claims …