Insurance & Loss Prevention - HospitalityLawyer.com®

Trends in Hotel Receiverships

by Foley Lardner in Insurance & Loss Prevention, Lodging. Posted July 20, 2022

State of Play Bankruptcies in the hotel industry haven’t been as prevalent as predicted at the beginning of the pandemic. The industry expected to see a tidal wave of bankruptcies due to the business impact from COVID-19, from stay at home orders and non-essential designations, to lack of leisure and business travel even as restrictions ...

Hotel Safety and Security Risks to Owners, Operators & Insurance

by Hagwood & Tipton in Insurance & Loss Prevention, Lodging, Risk Management, Safety & Security. Posted June 29, 2022

The extent of liability to the owner, operator, and insurer of a hotel for any injury to a guest on the premises must always be determined on a case-by-case and state-by-state basis. However, there are some general principles that can be helpful in mitigating risk for each of the aforementioned parties when a guest is ...

How The Pandemic Re-Shaped Force Majeure

by Eckert Seamans in Coronavirus (COVID-19), Insurance & Loss Prevention, Legal. Posted April 22, 2021

When COVID-19 began its swift spread in the winter of 2019 and on a more global scale in the early spring of 2020, it did not take long for the term “force majeure” to dominate discussions, especially within the hospitality industry. Who could have predicted its extensive global economic impact? Think about the massive shutdowns, ...

Theft in the Restaurant Industry and the Influence of Peers in Worker Misconduct

by Ethics Suite in Food & Beverage, Insurance & Loss Prevention. Posted November 24, 2020

Introduction An extensive study of theft among restaurant workers was conducted recently by three researchers from the Olin Business School at Washington University in St. Louis. The results — based on transaction and theft data from 83,153 servers at 1,049 restaurants from 34 chains across 46 states in the U.S. over seven years, are compelling ...

red umbrella protecting businessmen from virus bacteria

Insurance Coverage for Losses and Claims Associated with the Coronavirus

by Pasich in Coronavirus (COVID-19), Insurance & Loss Prevention, Risk Management. Posted March 18, 2020

I. INTRODUCTION A. The Impact of the Coronavirus and the Resulting Sickness or Disease Since the “coronavirus” was first identified in Wuhan, Hubei Province, China, the World Health Organization (“WHO”) has confirmed that more than 110,000 people have been infected with the SARS-CoV-2 virus and more than 3,000 people have died from the resulting COVID-19.(1) ...

Passing the Buck: How to Successfully Transfer Risk to Third Parties

by Brian Cafritz in Insurance & Loss Prevention, Risk Management. Posted February 27, 2020

When claims are made against your company, one of the quickest ways to clear that loss from your company’s books is to transfer the risk to a third party. A good Risk Transfer Plan can not only remove the risk of indemnity, but it can also prevent expensive litigation costs and attorney’s fees. Indeed, a ...

Insurance Coverage for Losses Stemming from the Coronavirus

by Anderson Kill in Coronavirus (COVID-19), Insurance & Loss Prevention, Risk Management. Posted February 25, 2020

The coronavirus has not only sickened tens of thousands of people, killed several hundred, and disrupted life for millions, but has also sharply impacted the second-largest economy in the world. Many Chinese companies have suspended operations, and international companies like Starbucks, Apple, McDonalds, KFC, and Pizza Hut have closed their stores in Wuhan and elsewhere. ...

Recent Trends in Hotel Violence, Insurance, and Legal Liabilities

by Jeff Moore in Insurance & Loss Prevention, Legal, Lodging, Risk Management, Safety & Security, Travel. Posted January 18, 2020

“A hotel has a duty to adopt reasonable security measures to protect guests from foreseeable harm. Foreseeability can be established from past circumstances that are likely to be repeated.” Judge Karen Morris, “Hotel security requires vigilant attention,” Hotel Management, 19 August 2019. In this brief, Jeff M. Moore, PhD, will discuss recent trends in hotel ...

Repeat Offenders: Commonly Cited OSHA Standards in the Hospitality Industry & How to Avoid Them

by Aaron Gelb in Insurance & Loss Prevention, Risk Management. Posted June 29, 2019

The law has always been clear that there is no statutory limitation on the length of time that a prior OSHA citation may serve as the basis for a Repeat violation. OSHA historically looked back only three years for past violations, but the Obama Administration extended it to five years. However, the look back period ...

Severe Weather Business Continuity Planning

by WorldAware in Insurance & Loss Prevention, Risk Management. Posted June 15, 2019

Severe weather is usually associated with thunderstorms but can refer to any dangerous or destructive weather event. Thunderstorms form due to instability in the atmosphere, and generally require a humid air mass, sufficient daytime heating of the air, interactions between frontal systems, and wind shear (change in wind speed or direction with height). Severe Thunderstorm ...

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