Category

Hospitality & Restaurants

Sex Trafficking
Hospitality & Restaurants

Risk Management: The Key to Mitigating Sex Trafficking at Hotels

A lawsuit filed in U.S. federal court in Ohio in December against a number of high-profile hotel groups alleging they profited from sex trafficking on their properties puts the focus on this hidden crime. The hotel chains, according to Reuters, are accused of “knowing and ignoring warning signs that women and children were sold as sex slaves on their premises.”

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small business liability insurance
Hospitality & Restaurants

Umbrella Insurance Offers Added Protection for Small Businesses

For small businesses, including those in the hospitality sector such as restaurants and limited-service hotels, Liability insurance is critical in protecting their assets against lawsuits that can arise from guests and other third parties. Small business liability insurance (Commercial General Liability/CGL) provides coverage for third-party claims of bodily injury and property damage, and pays for the cost of obtaining legal defense as well as any settlement made or judgment rendered up to the policy limit. Under a Commercial General Liability policy, small businesses are also covered for libel, slander or copyright violation.

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Hotel Casino Risk
Hospitality & Restaurants

Inside the High Stakes of Liability Risks for Hotel Casinos

Liability risks for hotel casinos run the gamut – from a third-party vendor’s wrongful actions to public security and safety during an event, cyber crime, and premises slips and falls – that can end up costing the house a fortune. Sean Young, Associate Vice President, Distinguished Programs, in his recent article, “Four Risks on Which Hotel Casinos Can’t Gamble,” in Hotel Business Review, explores these risks and the steps that operations should take to reduce their exposures. Continue reading
small business insurance
Real Estate, Hospitality & Restaurants, Community Associations

Risk Management Programs Critical to Help Keep Small Business Insurance Costs in Line

How much small business insurance costs depends on many different factors, including the type of operation and its location, its exposures, the industry served, claims history, etc. The coverage features and policy terms in an insurance program, along with its policy limits, of course, also affect the cost of coverage.  Additionally, today’s firming insurance market is impacting the cost of insurance across the board, including in all industry sectors.

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tamper-resistant receptacles
Hospitality & Restaurants

Child-Proofing Hotel Guest Rooms: Ensure Your Clients are NEC-Compliant

The National Electrical Code (NEC) issued an update in 2017 requiring all new and renovated hotel guest rooms and suites to have tamper-resistant receptacles (TRRs) placed on all outlets. TRRs are designed to prevent electrical hazards, particularly for young children who tend to stick things into outlets. This most recent update by the NEC expands its requirement of TRRs from homes to other types of new and renovated properties, among them hotels and motels.

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Business Interruption for Restaurants
Hospitality & Restaurants

Business Interruption for Restaurants: Opening the Doors After a Loss

After Super Storm Sandy hit the East Coast five years ago, many restaurants suffered devastating property damage. But even more restaurants experienced significant business interruption losses including those resulting from downed power lines and outages. In addition to securing responsive Commercial Property insurance to step in to help a restaurant rebuild after a property damage loss, ensuring that Business Interruption coverage is included as part of a comprehensive program can be the difference between closing down for good or hanging up the welcome sign again.

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Risk of Legionella at Hotels & Resorts
Hospitality & Restaurants, Risk Insight

Water Management: Keeping Hotel Guests & Employees Healthy and Safe from Legionella

The Legionella outbreak this past summer that killed one person and resulted in 12 lab-confirmed cases of Legionnaires’ disease and 63 reported probable cases from people who either stayed or visited an Atlanta, Georgia hotel is a reminder of how deadly and costly an outbreak can be for hotels and resorts. The Atlanta hotel is in litigation with people affected by the outbreak. The lawsuit accuses the hotel of failing to either adopt or follow a water management plan to prevent the spread of the Legionella bacteria.

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cyberattacks
Hospitality & Restaurants

Hotels Are a Target for Cyberattacks

The last thing your hotel guests want to discover is that your computer system suffered a cyber breach and all their personal information was leaked. The hospitality industry continues to be a target for cyberattacks due to the wealth of e-info it amasses—credit cards, names, addresses, just to name a few. When a cyberattack hits, the damage can go from bad to worse: from stolen data and locked software to costly fines and major damage control of a brand name. The threat of cybercrimes is so high that we’ve developed three useful white papers to share with your insureds.

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uncovered exposure
Hospitality & Restaurants, Risk Insight

Top uncovered exposure for a hotel may surprise you

Slip-and-fall injuries are undoubtedly the most common claims in the hospitality sector. But there is another hazard that is making a serious comeback—and is often an uncovered exposure in policies, resulting in costly losses. That risk is legionella, which can be found in water systems, like showers, pools, and fountains, and new bacterial outbreaks have been making headlines nationwide.

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