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Restaurants

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.

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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.

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preventing slips trips and falls
Real Estate, Hospitality & Restaurants, Community Associations, Cultural Institutions, Risk Insight, Restaurants

Preventing the Top Insurance Claim: Slips, Trips, and Falls

Year after year, slips, trips, and falls remain the number-one insurance claim for property owners. More than three million people visit the emergency room each year because of falls, according to the CDC (Centers for Disease Control and Prevention). The average hospital visit costs $30,000 to $50,000. Add in factors like ongoing medical bills and lost wages, and the cost of claims mount. Serious slip-and-fall losses, in fact, have plagued the habitational and hospitality sectors, with negligent awards running into the millions. Yet most if not all of these claims are preventable.

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fatigue in the workplace
Restaurants

The Greatest Workplace Challenge: Fatigue

Even before the mass office exodus, fatigue was among the most prevalent workplace challenges. The National Safety Council reports that over 43% of workers are sleep deprived, and those most at risk are those working long or irregular hours. More than a simple feeling of sleepiness, fatigue is a persistent syndrome resulting from prolonged exhaustion, stress, high levels of exertion, and life circumstances. In the workplace, fatigue limits productivity, and, in some cases, leads to injuries.

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positive effects of the pandemic
Restaurants

Looking At The Bright Side: Positive Effects of the Pandemic

Things are not amazing by any means: tens of thousands of Americans have died because of the coronavirus, millions are without jobs, families, and friends remain separated, and daily life has yet to return to normal. The world is still very much in the throes of a pandemic, but there are silver linings, slivers of hope and goodness amid the uncertainty and negativity. It is important to try to look at the bright side.

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the case against working from home
Restaurants

The Case Against Working From Home

Work-from-home might be the new normal until further notice, but according to a report by real estate investment management firm Black Creek Group, office spaces are not going anywhere. Workers are itching to return to their physical headquarters, and while the future of office real estate will look a little different, investors should consider looking into less-concentrated office buildings. For many, teleworking has been a nice opportunity to cut back on commute time and expenses and connect further with family. But those who are leading the charge against a fully remote workforce have the following grievances:

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home improvement projects amid covid 19
Restaurants

Surge in Home Improvement Projects Amid COVID-19

As the pandemic keeps Americans in their houses and apartments, many are pulling out their toolboxes and getting to work on home improvement projects. Quarantine has us spending much more time than normal in our homes, resulting in both listless boredom and displeasure with our surroundings. What was once a minor flaw is now a glaring wart. Evidently, home improvements and renovations are on the rise as people decide they need to spruce things up. 

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umbrella insurance market
Real Estate, Hospitality & Restaurants, Community Associations, Market Insights, Restaurants

Navigating Today’s Umbrella Insurance Market

In our previous article, we discussed what factors are driving rate increases, capacity restrictions, tighter underwriting, and program structure changes in the Excess Insurance market. It’s important to note that prior to the COVID-19 pandemic, carriers were already tightening underwriting in the Excess/Umbrella market, specifically in the hotel, restaurant, and habitational sectors. In recent months, however, these changes have become even more pronounced. Here we take a more detailed look at the firming market and how COVID-19 has impacted certain industry sectors. We also provide you with advice on how to manage client expectations and navigate the disruptive Excess/Umbrella insurance market.

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Covid-19 Crime Prevention
Real Estate, Hospitality & Restaurants, Risk Insight, Restaurants

Covid-19 Crime Prevention: The Need to Step Up Security of Unoccupied Establishments, Limited Operations

In response to the COVID-19 pandemic, across the country local and state decrees have mandated non-essential businesses to close or limit operations, including restaurants and bars, in order to help prevent the spread of the virus. In addition to having been hard hit by the loss of income and employee layoffs, a spike in burglaries is also unfortunately another fallout of the COVID-19 crisis for many of these businesses.  

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Illinois hotel grant
Restaurants

Illinois Department of Commerce Offering Hotels State Grants in Wake of COVID-19; Applications Due April 1

Illinois Governor Pritkzer and the state Department of Commerce have announced the creation of the Hospitality Emergency Grant Program to financially help small hotels, motels and other lodging establishments with funds that were originally slated for job training, tourism promotion and other purposes. The $14 million fund will provide grants to help establishments with payroll, rent and other expenses – welcome news considering the hospitality industry is among the hardest hit sectors due to the coronavirus pandemic.

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