Are You On Your Community Association Board? Build a Strong Foundation to Reduce Risk

Joining the board of your homeowner association or community association can be a great way to contribute your time and talents to a local organization. But if you serve on the board of one of the 338,000 community associations in the … Continue reading

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Are Your Directors & Officers Protected Abroad?

Small and mid-sized U.S. businesses (SMBs) planning to put down stakes overseas, should recognize the potential exposure their executives may face when they are abroad. Countries around the world have become more stringent about corporate governance, with regulators increasingly coordinating across borders. While major corporate scandals in developing countries have made headline news, SMBs should also expect greater scrutiny as regulators seek to tighten local and international enforcement. SMBs that have or are considering venturing abroad, would be wise to review the adequacy and breadth of their U.S. directors and officers (D&O) coverage around the globe. Continue reading

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Private Events Invite New Risks

As revenue sources change, cultural institutions are pursuing a broader range of income opportunities and programming offerings — but may not always consider the risk management or liability implications. Continue reading

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Excess Umbrella: Why, What?

With litigation claims and costs increasing in frequency and size, businesses need a variety of tools and financial resources to protect themselves and their assets.

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Having a Party?

Depending on state laws, institutions such as museums, theaters or other nonprofits may assume a variety of potential liability risks if they serve alcohol at special events. They may face claims if, for example, intoxicated revelers cause bodily injuries or property damage, guests are involved in accidents after an event, or if under-aged celebrants are served alcohol.

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Commingling Tweets? Not a Great Idea

There needs to be a line between personal and professional on social media, and companies need to have a social media policy in place to ensure that an employee’s tweets sing in the right key in the right space. Companies should consider the following:

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Playground Safety: No Playin’ Around

Playground safety isn’t kid’s play; it’s serious business. More than 20,000 trips to the emergency room each year are the result of injuries sustained at public playgrounds, according to the U.S. Consumer Product Safety Commission.
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One Slip is All It Takes

Slips, trips and falls are near the top of the real estate general liability risk list. From a shopping mall to an office building, all building owners and managers must confront this hazard and mitigate the risks of injuries, legal costs and negative publicity from a potential lawsuit.
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Pool/Spa Safety Heats Up

Splashing about in the pool can be lots of fun on a hot day, but it can also be dangerous for the guests or tenants of a commercial property owner.  The Centers for Disease Control and Prevention reported that in … Continue reading

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Understanding Cyber Insurance

As I speak with small to medium size business(SMB) owners about cyber breach, I’ve discovered there’s some misunderstanding about their risk and how their current insurance program will respond to this type of loss. Often they believe that their general liability policy will … Continue reading

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