Category

Risk Insight

Toxic gas
Community Associations, Risk Insight

The “Silent Killer” of Toxic Gas and How You Can Avoid It

Can you believe that an estimated 20,000 people receive treatment annually due to gas poisoning? That’s a staggering figure. And, nearly 500 deaths per year are caused by that same toxic gas alone.

The National Fire Protection Association (NFPA) reports approximately 61,000 gas-related incidents yearly. But what gas could have such a harmful effect on so many lives?

Continue reading
Hurricane Flood
Risk Insight

Being Storm-Ready During Hurricane Season

Hurricane Florence – scheduled to make landfall on Thursday, September 13, in the afternoon – was just upgraded to a Category 4 hurricane, meaning winds in excess of 130 mph. It could be the strongest storm to hit North and South Carolina in nearly three decades. Due to the strong winds and chances of a devastating impact, mandatory evacuations for eight coastal towns go into effect today – Tuesday, September 11.

We have four tips to help you and your insureds affected by the hurricane.

Continue reading
Pool Safety
Community Associations, Risk Insight

Claim Story – Pool Safety

Teenage horseplay at a condo’s swimming pool took a turn for the worse when one young man dove headfirst into the shallow end of the pool. The condominium’s community association was left facing a $5 million personal injury claim due to not having proper pool safety rules clearly posted and enforced, as well as a failure to clearly mark the pool’s depth.

Read the full claim story here.

Continue reading
Preventing Legionella
Risk Insight

Preventing Legionella Before It Infects the Masses

Legionnaires’ disease may not make front-page news every week, but when it hits a community, it can be devastating.  Hotels with pools and hot tubs, property owners with buildings that have cooling towers or fountains—and anyone nearby can be affected. If the naturally occurring bacterium Legionella gets out of balance, it can make people very sick, and it causes fatalities every year. Sometimes, all it takes is the mist coming off a cooling tower to infect a host of people.

Continue reading
Life preserver in pool
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.

Continue reading
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

Continue reading
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

Continue reading
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.

Read the Full Story

Continue reading
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

Continue reading