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Hospitality was one of the first industries to bear the brunt of premium hikes and coverage limitations from insurance carriers after 2017’s hurricane season.
A look at the latest decisions impacting the industry.
Reputational risk and political unrest are top of mind for risk executives.
Failure to arrange the proper cover for regulatory penalties in the energy sector adds up to big losses.
The explosion in Tianjin provokes a host of risk management concerns.
Underwriters are modeling storms better and businesses are revamping their business continuity plans – but memories can be short.
A 45-day superstorm floods California and dishes out economic catastrophe.
A dirty bomb detonated in Manhattan could make a ghost town of the most populous city in the U.S.
A fast-moving geomagnetic storm blasts the North American power grid, leaving a large swath of the Northeastern U.S. temporarily uninhabitable.
Using captives for business interruption coverage is still rare but interest is growing.
With workers at a high rate of danger, health care facilities must train for both communication skills and safety drills.
Climate change is speeding the deterioration of an already aged system. The fix will cost trillions.
In the aftermath of riots, urban-based companies are strengthening contingency plans to protect their facilities, and most importantly, their employees.
The latest decisions impacting the industry, including an insurer’s duty to defend and a coverage dispute following an equipment explosion.
Ten percent of respondents to AM Best have a cyber security policy.
Don’t let supply chain risk management move to the back burner.
Reliance on supply chains has hiked the number of business interruption claims, which cost nearly one-third more than property claims.
There are two distinct risk issues at play in the Sony issue: data security and freedom of speech.
It’s crucial that Congress pass TRIA reauthorization and NARAB early in 2015.
Politics trumped rational decision-making and put businesses in the cross hairs of potentially having lapses in coverage.
Complex claims — old and new — call for relationship-building to minimize surprises.