This article was originally published on Insurance Journal. The heightened fear and anxiety that COVID-19 is causing people worldwide brings vulnerable targets for cyber hackers. “We are living in a heightened time of cyber risk. Cyber criminals will take advantage of public fear and due diligence health measures to generate coronavirus-themed phishing attacks. We should ..read more

Originally posted on ClearRisk by Rebecca Webb. Many companies do not keep claims information internally. They simply defer this record-keeping process to their insurance provider. However, there are several benefits to tracking this data in-house. While it may be a bit of an adjustment at the start, you will quickly see a return on your investment ..read more

Originally posted on Insurance Business America by Alicja Grzadkowska. Despite the onslaught of natural disasters and cyber incidents seen in the past year, many people are still unprepared for dealing with crises. It’s not just the 83% of homeowners who are vulnerable to hurricanes, flooding, and other weather events because of a lack of preparedness – even ..read more

Originally posted on Health Consultants Group. In some cases, you might end up being responsible for insuring contractors or workers who should have their own insurance. The issues can be complicated when you have outside workers performing jobs on your property without clearly defined roles and responsibilities. Subcontractors, casual laborers, or other non-employees bring with them a whole new ..read more

Workers’ compensation provides coverage for injured workers’ lost wages and medical expenses. Originally posted on Property Casualty 360 by Patricia L. Harman. Worker’s compensation is administered at the state level – all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands have their own programs, as does the federal government for ..read more

Originally posted on Raconteur by Nick Easen. The aftermath of a global corporate scandal is a very messy affair. Firstly, there’s the breaking news, then the media frenzy, the plummeting share price, the evaporating confidence, the damage-limitation exercises and finally the groveling executives. We live in a super-charged, hyper-connected environment, answerable to the 24-hour “churnalism ..read more

Originally posted on Insurance Business America by Bethan Moorcraft. When considering how to create a psychologically healthy and safe work environment, it does require a high level of innovation or new thinking. One can simply look at how workplaces have been addressing physical health and safety for the past several decades. There are two well-established ..read more

Originally posted on Mark On Solutions by Matt Davis. The insurance industry uses the term “risk appetite” to describe the level of risk that an organization is willing to accept. An essential first step in managing corporate security, and resiliency, has to do with determining your firm’s risk appetite. Risk appetite is defined as the ..read more

Originally posted on BlueDrop by Colin McCabe. Whilst risk management played a role in business prior to the financial crisis of 2007-2008, it didn’t have quite so much of a major importance as it does today. These days, if a company doesn’t find a way to prevent or mitigate risk then it can really struggle ..read more

Originally posted on Metropolitan Risk by Charlotte Ulehla. What is a return to work evaluation form? Employers can provide their employees with a return to work evaluation form to give to their physician when the employee suffers a work-related injury. The form can facilitate communication between the treating physician and employer as to the employee’s status ..read more