Insurance

Property Insurance Coverage for Emerging Risk: Underground Climate Change

by Anderson Kill in Insurance & Loss Prevention, Legal, Risk Management. Posted February 13, 2024

Abstract: Studies have shown that heat emanating from basements, train tunnels, sewers, and other underground systems in major metropolises in the United States and Europe is heating the ground between city surfaces and the bedrock by as much as 27 degrees Fahrenheit. This “underground climate change” is affecting ground soil conditions, causing structural strains on ...

Important documents in files placed in the filing cabinet

10 Reasons Why It Is Critical For Employers To Get OSHA Injury and Illness Recordkeeping and Reporting Right — And How to Ensure It is Done Right

by Conn Maciel Carey in Human Resources, Insurance & Loss Prevention, Legal, Risk Management. Posted July 17, 2023

Although OSHA injury and illness recordkeeping and reporting has always been important from an OSHA compliance perspective, making correct recording and reporting decisions (i.e., not over- or under- recording or reporting) has never been more vital than it is today. We are at a moment in OSHA’s history when the agency is clearly staffing up ...

CARES Act Stimulus Will Permit Business Loans To Cover Payroll, Expand Unemployment

by Fisher Phillips in Coronavirus (COVID-19), Legal. Posted March 31, 2020

Businesses struggling with the economic impact of the COVID-19 pandemic crisis received good news late last night when the Senate passed an unprecedented piece of legislation aimed at providing a massive stimulus to workplaces and employees alike. The centerpiece of the Coronavirus Aid, Relief and Economic Security (CARES) Act would allow small- and medium-sized businesses ...

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) ...

Resources to Combat the Coronavirus

by HospitalityLawyer.com in Coronavirus (COVID-19), Featured, Food & Beverage, Lodging, Risk Management, Safety & Security, Travel. Posted March 7, 2020

This ConvergeBlog post features several articles that provide valuable information about COVID-10, or the Coronavirus. It is our hope that these articles can assist the travel and hospitality industries to combat the virus and manage the risks that come with it. We will continue to add links with updated information and valuable tips For more ...

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 ...

Hospitality Case Review: The Top 100+ Hospitality Cases That Impacted Us in 2018

by Karen Morris in Legal. Posted June 20, 2019

Written by Karen Morris, J.D., LL.M. and Diana S. Barber, J.D., CHE, CWP ADA/Standing1. Brito v. Wyndham Hotels and Resorts, LLC, 2018 WL 317464 (D. Colo., 01/08/2018). Plaintiff is a paraplegic and requires the use of a wheelchair to ambulate. While at defendant hotel he encountered multiple violations of the Americans with Disabilities Act (ADA) ...

The Most Frequent Hospitality Claims

by Allen Wolff in Insurance & Loss Prevention, Risk Management. Posted December 25, 2018

Property ClaimsThe most common types of hotel property claims are: general water damage, sprinkler water damage, hail, wind, and fire. These five causes account for two-thirds of hotel property claims. Fortunately, they are commonly covered by first party property insurance. First party property coverage is for damage to a policyholder’s own property, not for damage ...