<![CDATA[Blog]]> https://www.risk-strategies.com/ en info@risk-strategies.com Copyright 2020 2020-03-28T17:00:43-04:00 <![CDATA[Coronavirus - A Message to Risk Strategies’ Clients and Partners]]> https://risk-strategies.com/knowledge-center/article/a-message-to-risk-strategies-clients-and-partners#When:21:06:58Z The coronavirus (COVID‐19) outbreak is a rapidly evolving situation that presents both health and business risks on a global level. Risk Strategies is monitoring developments worldwide and our team of risk advisors is working diligently to continue to help you prepare contingency plans, understand coverage, and keep your workforce safe as the situation unfolds.

The health and safety of our employees and clients is our priority. We have implemented policies including travel restrictions, health monitoring and preventative measures at work to help prevent the spread of illness. We strongly encourage all clients to adhere to the Centers for Disease…]]> 2020-03-10T21:06:58+00:00 <![CDATA[Nondelegation Doctrine: Environmental Catastrophe or Business as Usual?]]> https://risk-strategies.com/knowledge-center/article/nondelegation-doctrine-environmental-catastrophe-or-business-as-usual#When:15:43:54Z Anyone who’s paid attention to what’s happening in the Supreme Court in the last six months has probably caught on to the issue of nondelegation and the potential it has to upend decades of federal regulations. There’s a fear that it will weaken basic environmental laws like the Clean Air Act and strip the EPA of its authority to ensure public health and safety.

If nondelegation becomes the law of the land, will environmental contamination run wild from businesses no longer bound by strict EPA regulations? Will it completely alter the way businesses and developers operate? Or will it simply…]]> 2020-03-09T15:43:54+00:00 <![CDATA[Boy Scouts’ Bankruptcy: Wake‐Up Call to Revisit Policies]]> https://risk-strategies.com/knowledge-center/article/boy-scouts-bankruptcy-wakeup-call-to-revisit-policies#When:18:22:18Z Facing hundreds of lawsuits brought by survivors of child sexual abuse that stretch back decades, the Boy Scouts of America (BSA) filed for Chapter 11 bankruptcy this week as a way to resolve its burgeoning litigation crisis.

While the #MeToo movement has contributed to growing public support for victims of abuse to come forward, the main impetus behind the flood of lawsuits against the BSA is a change in the law — led by New York and carried into many other states — to extend the statute of limitations for sexual abuse cases. A long time in the making,…]]> 2020-02-21T18:22:18+00:00 <![CDATA[Coronavirus and Business Interruption: Are You Covered?]]> https://risk-strategies.com/knowledge-center/article/coronavirus-and-business-interruption-are-you-covered#When:19:37:04Z Emerging in Wuhan, a city in China’s Hubei province, in late December, the outbreak of the novel coronavirus, a never-before-seen respiratory illness, is sweeping through the country, already infecting thousands there, according to the Centers for Disease Control.  While the Chinese New Year holiday break that started on Jan. 24 was set to end a customary week later on Jan. 30, Beijing’s State Council postponed the reopening of some institutions until Feb. 2 in an effort to contain the viral outbreak, and said the reopening of schools for the spring semester would be delayed “until further notice.” Factories are slated…]]> 2020-02-06T19:37:04+00:00 <![CDATA[Threats, Trends & Policies That Shaped Insurance Markets in 2019]]> https://risk-strategies.com/knowledge-center/article/threats-trends-policies-that-shaped-insurance-markets-in-2019#When:15:00:39Z Our job isn’t just to sell insurance. It’s to understand how the risks of today’s rapidly changing world affect our clients. And it’s to offer state-of-the-art solutions and actionable advice they can take to protect what’s most important to them. As a specialty brokerage with experts in over two dozen practice areas, we know it’s incumbent on us to stay up-to-the-minute on the latest threats, trends and policies that shape the ever-evolving set of risks our clients face.

And what, exactly, are those threats, trends and policies? In 2019, they seemed to come from every direction, and we tried to…]]> 2020-01-09T15:00:39+00:00 <![CDATA[The Darker Web: Personal Cyber Exposures]]> https://risk-strategies.com/knowledge-center/article/the-darker-web-personal-cyber-exposures#When:18:37:55Z Today we all rely on the Internet more than we would like to admit. Our identities and personal information are fairly easy to find, and, for most people, the attitude is to basically cross our fingers and hope that that the next massive data breach does not affect us.

A report published by the White House Council of Economic Advisers indicated that in 2016, the FBI’s Internet Crime Complaint Center received nearly 300,000 individual complaints of cybercrimes, with a total estimated cost of $1.3 billion; an average of $4,000 per victim.  These numbers are increasing exponentially with…]]>
<![CDATA[4 Ways to Mitigate the Risks of Home Health Care]]> https://risk-strategies.com/knowledge-center/article/4-ways-to-mitigate-the-risks-of-home-health-care#When:15:59:54Z More and more elderly patients are opting to stay in their homes longer before moving to assisted living and nursing homes. As a result, the number of home health aides working in the U.S. is steadily rising, with over 3 million today and another million+ expected to be added in the next 10 years.

And while health care organizations —from hospitals to nursing homes — see huge benefits in reaching out to communities to care for patients in their homes, employing a workforce whose job entails driving to patient’s homes in their own cars presents a host of liability…]]> 2019-12-12T15:59:54+00:00 <![CDATA[New Film Shines Light on PFAS ]]> https://risk-strategies.com/knowledge-center/article/new-film-shines-light-on-pfas#When:21:26:29Z This past July, I wrote a blog about how the toxic group of chemicals known as PFAS, or “the forever chemical,” was gaining public scrutiny for its contamination of public water supplies as the adverse health effects were becoming better understood. Last month, the movie Dark Waters hit theaters and has brought with it a heightened focus on PFAS and environmental accountability.

Dark Waters, starring Mark Ruffalo, tells the true story of a DuPont facility in West Virginia that, in the 1990s, knowingly contaminated the public water supply and of the lawyer who brought an environmental lawsuit against the…]]> 2019-12-10T21:26:29+00:00 <![CDATA[In a Tightening Insurance Market, Details Matter]]> https://risk-strategies.com/knowledge-center/article/in-a-tightening-insurance-market-details-matter#When:14:47:34Z In the U.S., climate change is having negative effects from coast to coast. Scientists, government agencies and the public are beginning to feel firsthand the perils of a warming atmosphere and rising sea levels. From an insurance perspective, claims are at historical highs due to losses caused by stronger, slower hurricanes on the East Coast, wind and hail in the Midwest, and wildfires out West.

According to Chubb’s “Market Trends and 2019 Opportunities” report, “In the last 17 years, the total number of natural events has doubled. Trends suggest continued growth should be expected.” Natural events include tropical cyclones, winter…]]> 2019-10-17T14:47:34+00:00 <![CDATA[Large-Scale Artwork Requires Extra Planning at Art Basel]]> https://risk-strategies.com/knowledge-center/article/large-scale-artwork-requires-extra-planning-at-art-basel#When:14:07:37Z Art Basel Miami Beach is one of the most important art fairs in America. This December, an ambitious new exhibition area, Meridians, will house large-scale projects inside the Miami Beach Convention Center’s Grand Ballroom where installations, videos and performance art that’s too big for traditional booths will be displayed, discussed, applauded, critiqued and altogether impossible to miss.

But artwork that gargantuan comes with a special set of risks.

In this blog we wrote last year, we talked about how art galleries can prepare for Art Basel with proper planning and coverage. The sheer scale of Meridians adds new…]]> 2019-10-16T14:07:37+00:00