It was a tough lesson learned in court: When a company holds facilities in multiple jurisdictions, an insured is most prepared when it knows under which jurisdiction its policies live.
One Department of Public Works worker found that he could not file a negligence claim against his employer after already receiving workers’ compensation.
More states are requiring schools to test drinking water for lead. Doing so puts them on the hook for costly remediation and opens them up to liability exposure.
This director of corporate risk management believes in the education available for risk managers, but more effort should be given to developing talent.
Among the annual toll in the U.S. opioid epidemic are up to 5,000 hospital inpatients. The drugs they are legally prescribed are creating liability issues for pharmacists as well as physicians.
This university risk director says the profession has come a long way, but risk managers can increase their value by getting more involved in business strategy and driving true ERM.