Insurance & Loss Prevention ( Page 11 )

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An Introduction to Data-Driven Decisions for Managers Who Don’t Like Math

Not a week goes by without us publishing something here at HBR about the value of data in business. Big data, small data, internal, external, experimental, observational — everywhere we look, information is being captured, quantified, and used to make business decisions. Not everyone needs to become a quant. But it is worth brushing up ...
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Security in Bars, Taverns, And Nightclubs – It’s Not Just the Guards

In many parts of countries around the world, the neighborhood bar provides a location for friends to gather. Taverns offer patrons a place to drink and dine. Night clubs offer a high energy atmosphere that combines dancing and the consumption of alcohol. Hotels, motels, and entertainment complexes often contain bars, taverns, and nightclubs. For the ...
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Risk Management vs. Big Brother

Craig Banikowski takes a look at the fine line between risk management and an overbearing and potentially privacy invading way of managing traveling employees. Read below for a look at useful tips to maintain safety from a close but reasonable distance. As travel professionals working in the aftermath of 9/11, the 2004 Madrid train bombings, ...
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4 Tips for Surviving an Active Shooter

You’re working at your job or out in public, doing what you normally do and not expecting anything particularly exciting to happen. Then you hear a series of loud, muffled pops, not too close, but not very far away. Then you hear screams, faint and distant but getting louder. Then you hear another pop, only ...
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A survey of US State Workers’ Compensation Laws and their Application to Traveling Employees

Co-authored by Brenda-Lee Ravdel and Stephen Barth How do the US 50 states’ workers’ compensation laws protect US businesses and their global and domestic travelers at home and abroad? INTRODUCTION: Business Travel by United States companies has grown exponentially over the past years.  As a result, both the foreseen and unforeseen liabilities for businesses and ...
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The Invisible Killer: Carbon Monoxide Safety and Hotels

Carbon monoxide has been in the news recently in the wake of a series of gas-related deaths in a North Carolina hotel. While statistically rare, carbon monoxide poisoning nonetheless presents a serious problem for both hotel operators and their guests. This gas—odorless, tasteless, and colorless—can emit from malfunctioning furnaces and water heaters. If inhaled in ...
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It’s Time to Investigate Cyber Insurance

Most IT leaders plan for cyber-attacks by constructing firewalls and installing security hardware and software. Even so, with the widespread proliferation of malware, companies are finding that their IT infrastructure has been attacked, customer data has been compromised, the IT system is being held for ransom, and assets are missing. Almost every day there are ...
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Preparing Today for Future Cyber Risks

While companies around the world are experiencing numerous benefits from online transactions and interactions, the accompanying risks remain less visible. Cyber threats continue to evolve and rapidly expand, in terms of sophistication, complexity and the scale of their consequences. Lone hackers have been replaced by well-funded and organized cyber-crime networks, state-backed groups, terrorist organizations, and ...
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Importance of Business Income From Dependent Properties Coverage

On February 11, 2014, John Henitz and I spoke on a panel at the @Hospitality_Law 2014 Conference discussing maximizing coverage for large property and business interruption claims. We presented a hypothetical scenario in which Acme Hospitality is a full service Real Estate company that owns several hotels, including one in Galveston, Texas that a hurricane ...
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