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Risk Insight

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.

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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.

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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.

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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

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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

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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.

Read the Full Story

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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

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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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Sidewalk
Risk Insight

Sidewalk Law Whitepaper: A Crack in Your Sidewalk Could Put a Crack in Your Piggy Bank

Did you know? As a New York City property owner, you are required by law to maintain the sidewalks around your property. Neglecting your sidewalk could lead to hefty penalties.

When it comes to the sidewalk outside or adjacent to a property owner’s building, one might naturally assume that the city is responsible for its upkeep. But in New York City, that kind of assumption could lead to dire consequences. According to the New York Administrative Code (the NY Code), property owners themselves are responsible for maintaining the sidewalks, not the City.

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Winter Wonderland
Risk Insight

From the Claim Files: Walking (and Falling) in a Winter Wonderland

We talk to local Williamsburg native Nancy Larsen about her ordeal after a pedestrian’s jaunt along the snowy sidewalk in front of her home took an unexpected turn.

As a longtime New York City native, Nancy Larsen was accustomed to tourists gazing out at the wonders of the city rather than down at the sidewalk. What she was not accustomed to was being served a Summons and Complaint on account of a tourist alleging he sustained injuries outside of Nancy’s property following an overnight snowfall.

Click Here to Download Claim Story

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