Get Ready for Slip, Trip, and Fall Season

The Centers for Disease Control and Prevention (CDC) estimates that more than one million Americans suffer a slip, trip,...

Impact of COVID, Insurance Market on NY Brick & Brownstone and City Homes Programs

Recently we spoke with Katie Vespia, Program Manager for Distinguished’s NY Brick & Brownstone (NYB&B) and City Homes programs...

Top Ted Talks

While gaining industry-specific knowledge and skills is helpful, personal development is equally, if not more, important when it comes...

Fall and Winter Pandemic Predictions

Since early in the pandemic, infectious-disease experts have predicted a “second wave” of infections and deaths. Based on the...

Resilience of Restaurant Industry Continues Amid COVID, Tough Insurance Market

The restaurant industry no doubt has been among the hardest hit amid the coronavirus as a result of mandatory...
Risk Insight
Get Ready for Slip, Trip, and Fall Season
Real Estate
Impact of COVID, Insurance Market on NY Brick & Brownstone and City Homes Programs
Restaurants
Top Ted Talks
Restaurants
Fall and Winter Pandemic Predictions
In the Press, Hospitality & Restaurants
Resilience of Restaurant Industry Continues Amid COVID, Tough Insurance Market
slip, trip, and fall season approaching
Risk Insight

Get Ready for Slip, Trip, and Fall Season

The Centers for Disease Control and Prevention (CDC) estimates that more than one million Americans suffer a slip, trip, and fall injury and more than 19,000 people die in the U.S. annually because of these injuries. About 20% to 30% of people who experience a slip and fall will suffer moderate to severe injuries such as bruises, hip fractures, or head injuries, according to the CDC. These injuries can inhibit mobility and hamper independent living. Slip, trip and fall accidents are also the common cause of traumatic brain injuries (TBI), which account for 46% of fatal falls among older Americans. The most common fractures that occur from slip and fall accidents are fractures of the spine, hip, forearm, leg, ankle, pelvis, upper arm, and hand.

Continue reading
Impact of COVID, Insurance Market on NY Brick & Brownstone and City Homes Programs
Real Estate

Impact of COVID, Insurance Market on NY Brick & Brownstone and City Homes Programs

Recently we spoke with Katie Vespia, Program Manager for Distinguished’s NY Brick & Brownstone (NYB&B) and City Homes programs about the impact of both COVID and the insurance market on city properties across the county. NYB&B is a package insurance product designed for owner- or tenant-occupied properties in Manhattan, Brooklyn and Queens. City Homes offers a package product with enhanced features designed for small urban multi-family buildings in designated cities across the country.

Continue reading
top ted talks
Restaurants

Top Ted Talks

While gaining industry-specific knowledge and skills is helpful, personal development is equally, if not more, important when it comes to growing your business and being a respected leader. Who you are — your interests, motivations, goals, experiences, etc. — plays a large role in how you interact with others, both clients and employees. The better your relationship with yourself and your own humanity, the better your relationship with others will be.

Continue reading
resilience of restaurant industry
In the Press, Hospitality & Restaurants

Resilience of Restaurant Industry Continues Amid COVID, Tough Insurance Market

The restaurant industry no doubt has been among the hardest hit amid the coronavirus as a result of mandatory lockdowns during the initial phase of the pandemic and subsequent ongoing capacity restrictions and other requirements that have significantly impacted operations. Yet during these challenging and unprecedented times, we’ve seen the industry put its creativity to work to continue generating revenue. We turned to Heidi Strommen, president, ProHost USA, a division of Distinguished Programs, to share some of her insights on the state of the restaurant industry and how it’s faring, not only in the wake of COVID-19 but also during today’s hard insurance market. ProHost USA is a leading specialty insurance program for restaurants and related risks that include fine dining, family dining, fast casual, catering, and wine bars.

Continue reading
trick or treat safety tips for community associations
Community Associations

Trick-or-Treat Safety for Community Associations

While individual homeowners may choose to partake in Halloween festivities however they see fit, community association owners have a responsibility to try to minimize the spread of COVID-19. The most widely-known Halloween activity — trick-or-treating — is expected to look different this fall in the wake of the pandemic. Below are a few trick-or-treat safety tips to share with community association members to ensure a safe night for all.

Continue reading
civil unrest fears stoked amid upcoming election
In the Press

Civil Unrest Fears Stoked with Upcoming Election

The year 2020 by any measure has been a challenging one, beginning with the coronavirus pandemic that has caused hundreds of thousands of deaths, shut down our economy, and upended tens of thousands of businesses and key industry segments. Amid the pandemic, protests took place across the country demanding police reform in the wake of several African-American deaths. Along with these protests, looting and civil unrest also took place in parts of the country. Now we are looking at the upcoming presidential election on November 3 with the potential for civil unrest to rear its ugly head.

Continue reading
Municipalities support local restaurants
In the Press, Hospitality & Restaurants

NYC Restaurants Getting the Support of Local Government Amid COVID

According to the National Restaurant Association, some 100,000 of the one million restaurants and bars operating in the U.S. before the pandemic are expected to permanently close by the end of this year as a result of the economic upheaval caused by the coronavirus. But municipalities around the country, including in New York City, are taking steps to help restaurants survive this crisis, including relaxing regulations and facilitating permits for outdoor dining.

Continue reading
finding focus in the digital age
Restaurants

Finding Focus in the Digital Age

According to a study by McKinsey Global Institute, only 39% of an employee’s time is spent on role-specific tasks. With distractions such as emails to catch up on, instant messenger notifications from colleagues, and way too many tabs open on your computer, the inability to find focus in our digital age is understandable. On top of all that, working from home amid the COVID-19 pandemic means digital distractions and a lack of face-to-face interaction with coworkers make productivity even more of a struggle.

Continue reading
step up measure to protect against fraud
Community Associations

Community Associations: Step Up Measures to Protect Against Fraud and Other Crimes

Fraud, embezzlement, and other types of employee theft are among the biggest exposures community associations face. Exacerbating this significant risk is that it typically takes 18 months before the average fraud scheme is detected. What’s more, often the theft involves small amounts taken over a long period of time, which goes unnoticed but results in the accumulation of massive losses.

Continue reading
branding tips for insurance brokers
Insurance Made Easy, Market Insights

Branding Tips for Insurance Brokers

Building a brand is a powerful way to gain an edge over your competition. Your brand helps to establish why people should do business with or pay attention to you over someone else in your industry. And creating a successful brand doesn’t happen overnight. Extensive advertising and expansive marketing budgets are the norms among major corporations, insurers and otherwise. Even with limited resources, establishing a brand is possible.

Continue reading
fire prevention safety tips
Hospitality & Restaurants, Community Associations, Risk Insight

Fire Prevention Safety Tips

While deaths from fires have steadily decreased over the past several decades, thousands of Americans die by fire every year, and thousands more are injured. According to FEMA estimates,  the damage from fires cost over $25.6 billion in 2018 alone. Following a summer of record-breaking wildfires, comes the peak time for fire-related deaths: the winter months. Fire prevention week —last week, October 4 -10, 2020 — is the perfect time to review and practice fire safety.

Continue reading
california to phase out gas-powered cars
In the Press

California to Beginning Phasing Out Gas-Powered Cars in 2035

The Golden State recently announced its plan to ban sales of new in-state gas and diesel vehicles starting in 2035, a move by California regulators to help reduce greenhouse-gas emissions. Only electric vehicles will be available for purchase as new vehicles from 2035 forward in the state. The executive order does not ban the sale of used gas-powered vehicles after the date or try in any way to remove them from the road. The plan would also set a goal for all heavy-duty trucks on the road in California to be zero emissions by 2045 where possible.

Continue reading