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loss control

number one insurance claim
Real Estate, Hospitality & Restaurants, Community Associations, Cultural Institutions, Risk Insight, Restaurants

Preventing the number-one 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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Real Estate, Community Associations, Market Insights

Ask the Expert: Common Area Pool Safety Checklist

Louise Cook - Great American

Louise Cook, AVP of Loss Prevention at Great American

Pool season is almost upon us. Which means it’s time to invest in new sunscreen and pull the bathing suits out of winter storage. It’s also time to reassess pool safety, maintenance, and good risk management.

Community associations bear responsibility for common pool areas, a value-added amenity that serves as a great benefit to residents, but also a liability. Most pool injuries are minor in nature, but some serious ones can result in broken limbs, head or spinal injuries, even death. And if the community association is found to be at fault, damages can be severe.

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