High Cost of a Pool Claim

For many, a community swimming pool is a small luxury that can bring family and friends together. But just...

Liquor Liability Risk Management Tips

Restaurant owners and managers should be implementing best business practices to help mitigate their operation’s alcohol-related risks. According to a report from...

Four tips to manage decision-making in a community association

Oftentimes the people that act as decision-making members of the board have regular day jobs and are not professionally...

What Can Hospitality Businesses do in the Wake of an Act of Extreme Violence?

In any situation, the prevention of extreme violence is always preferable to the grief and damage control that will...

Preventing Extreme Violence in the Hospitality Industry

With extreme violence developing into a nationwide epidemic, it’s an undeniable tragedy for the victims involved, as well as...
Community Associations, Risk Insight
High Cost of a Pool Claim
Hospitality & Restaurants, Risk Insight
Liquor Liability Risk Management Tips
Community Associations, Risk Insight
Four tips to manage decision-making in a community association
Hospitality & Restaurants, Risk Insight
What Can Hospitality Businesses do in the Wake of an Act of Extreme Violence?
Hospitality & Restaurants, Risk Insight
Preventing Extreme Violence in the Hospitality Industry
Community Associations, Risk Insight

High Cost of a Pool Claim

For many, a community swimming pool is a small luxury that can bring family and friends together. But just like any other recreational area, there is always the risk of personal injury for those using the facilities. A pool claim can be costly to a community association. Emergency room visits for a near drowning victim can range from $75,000 for an emergency room visit to long-term care costing $250,000 a year. Cases have shown the cost of a near drowning resulting in brain damage exceeds more than $5.5 million. The death of a child due to drowning, in one instance, led to a settlement of $104 million.

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Liquor Liability
Hospitality & Restaurants, Risk Insight

Liquor Liability Risk Management Tips

Restaurant owners and managers should be implementing best business practices to help mitigate their operation’s alcohol-related risks. According to a report from the Center on Alcohol Marketing and Youth (CAMY)  54.3% of binge drinkers who reported driving after their most recent binge-drinking episode drank in an on-premises, retail, alcohol-serving establishment such as a bar, club, or restaurant.

Please download the liquor liability risk management tip sheet to share with your restaurant insureds.

Download Tip Sheet

Erin McBride

AVP, Specialty Program Management

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decision-making
Community Associations, Risk Insight

Four tips to manage decision-making in a community association

Oftentimes the people that act as decision-making members of the board have regular day jobs and are not professionally trained in group management. Therefore, it is essential for them to know their rights, risks, and responsibilities when making choices on behalf of a large group of individuals. Letting your customers know about their risks and responsibilities as decision-making members of a community association will help them avoid disputes between themselves and other members in addition to reducing the risk of an unfortunate lawsuit.

We’ve compiled four simple preventative tips in our downloadable tip sheet that you can share with your customers to help reduce conflict when making community association decisions.

Read the Tips Here

Kyle Hyla
Program Manager

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extreme violence
Hospitality & Restaurants, Risk Insight

What Can Hospitality Businesses do in the Wake of an Act of Extreme Violence?

In any situation, the prevention of extreme violence is always preferable to the grief and damage control that will inevitably come in its aftermath. However, recent events expose the reality of how extreme violence can occur in the hospitality industry. Learn about five steps that you can take to mitigate your business’ risk, should the unthinkable occur.

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Sean Young
Associate Vice President – Premier Umbrella Program Manager

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preventing extreme violence
Hospitality & Restaurants, Risk Insight

Preventing Extreme Violence in the Hospitality Industry

With extreme violence developing into a nationwide epidemic, it’s an undeniable tragedy for the victims involved, as well as their families and loved ones. The communities and businesses in which the incidents have taken place are also affected.

Following the shocking events that took place last October in Las Vegas, many players in the hospitality industry are now reexamining their prevention plans and security measures. It’s important to make sure that those measures ensure and strengthen the safety of the guests without infringing on privacy or negatively affecting business. Learn five ways to better prepare your hospitality business against acts of extreme violence.

Read the Whitepaper on Preventing Extreme Violence

 

Sean Young

Associate Vice President – Premier Umbrella Program Manager

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data breaches
In the Press

Responding to Hotel Data Breaches

Data breaches are at an all time high, up 45 percent from 2016, and hotels are a prime target. Accommodations, which includes hotels and restaurants, top the list for point-of-sale cyber breaches with the average cost of investigations being $735,000, increasing in cost based on the size of the company.

Hotel owners and managers need to be protected and prepared for when a data breach occurs. Distinguished Programs’ Senior Vice President, Kurt Meister, sat down with Hotel Business to discuss what steps to take when a breach happens – from evaluating your risks, preparing your hotel to respond, what to look for when searching for proper cyber liability coverage, and how to reduce cyber risks from occurring in the first place.

Read the article here

Kurt Meister

SVP, Business Development Manager

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On-Demand Insurance For Drones
Market Insights

Drones and the Insurance Industry: Changing the Way We Do Business

Drones are changing the face of the insurance industry one small airborne device at a time. Now multiply that by a few million. Ever since the FAA eased regulations on commercial use of drones in 2016, there has been a huge uptick in drone usage, especially by insurers. There could be as many as 7 million drones flying in the US skies by 2020, with 2.5 million of those being commercially operated.

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Sexual harassment in hotel
Hospitality & Restaurants

Not In My Hotel

Sexual harassment happens. Can you say “Not in my hotel” and mean it?

Victims of sexual harassment are speaking up more and more these days, as evidenced by our nation’s ongoing scandals that pepper the news every week. ABC News recently reported that 60% of women have experienced sexual harassment on the job. And while the majority of women have traditionally not reported incidents sexual harassment, for fear of retribution at work, the tide is slowly changing.

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trafficking
Hospitality & Restaurants

New Bill Would Allow Victims to Sue Hotels for Trafficking

Florida may be the next state to pass a bill that allows victims of human trafficking to sue members of the hospitality industry that have turned a blind eye to the crimes committed behind their closed doors. Texas and Pennsylvania have already passed similar legislation, and now, a new bill is passing through the Florida legislature.

While Florida already has legislation that provides victims with the ability and support to sue their traffickers, this new bill headed to the House and Senate would hold hotel owners and management accountable for the crimes committed at their establishments.

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wind damage
Real Estate, Community Associations, Risk Insight

A Strong Wind Is on the Way

As Bob Dylan says, “A hard rain is gonna fall…” and with it this weekend, a strong wind is gonna blow! The greater New York area is bracing for wind gusts up to 70 mph Friday, according to the National Weather Service, not to mention a coastal flood advisory through Saturday.

Are you ready? Doing a quick property sweep could help protect your building from severe wind damage.

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window blind cords
Hospitality & Restaurants

Does Your Hotel Have This Hidden Hazard?

Does your hotel have a hidden hazard right in front of your face, or rather, your window? Window blind cords continue to kill children, decades after safety concerns about the risk of accidental strangulation has been recognized. Window cords don’t need to be old or broken to pose a risk. The existing model of corded window blinds is still hazardous, and a new ban on corded window blinds is in the works.

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