<![CDATA[News]]> https://www.risk-strategies.com/ en info@risk-strategies.com Copyright 2020 2020-08-05T12:59:30-04:00 <![CDATA[How Art Collectors Can Avoid Online Phishing Scams and Social Engineering]]> https://risk-strategies.com/knowledge-center/article/how-art-collectors-can-avoid-online-phishing-scams-and-social-engineering#When:00:21:41Z Artsy.com

“There’s been a shift away from hacking and data breaches that steal credit card numbers, as they became less valuable to sell,” said Robert Rosenzweig, vice president and national cyber risk practice leader at DeWitt Stern. “Now there’s more diversion and manipulation.”

<![CDATA[Nursing Homes Face Uphill Battle]]> https://risk-strategies.com/knowledge-center/article/nursing-homes-face-uphill-battle#When:14:19:20Z Insurance Journal

The liability that nursing homes carry is going to be a huge concern going forward. Insurance carriers are already writing COVID-19 exclusions into their professional liability policies for the next renewal period, and we expect the insurance market to harden even further.

<![CDATA[Insurance Costs on the Rise for Colleges]]> https://risk-strategies.com/knowledge-center/article/insurance-costs-on-the-rise-for-colleges#When:14:21:36Z Inside Higher Ed

“Our work has absolutely increased tenfold because of the work around COVID,” Demchak said.

Premiums for higher education clients rose between 20 and 40 percent this year, said Bret Murray, who leads higher education strategy at Risks Strategies Company, a national insurance brokerage and risk management firm.

<![CDATA[Property insurers impose policy restrictions, hike rates]]> https://risk-strategies.com/knowledge-center/article/property-insurers-impose-policy-restrictions-hike-rates#When:20:10:13Z Business Insurance

Some insurers are attempting to remove nonphysical damage exposures from their property policies, too, said Peter Fallon, senior vice president, at brokerage Risk Strategies Co. Inc. in Boston.

<![CDATA[Cyber Security Can Bring Triple Digit Returns. Why Aren’t More Companies Investing?]]> https://risk-strategies.com/knowledge-center/article/cyber-security-can-bring-triple-digit-returns.-why-arent-more-companies-investing#When:17:11:18Z Robert Rosenzweig, national cyber risk practice leader at Risk Strategies, noted that every company faces different cyber security threats, but the study provides insight into where they are investing.

“Understanding what peers are doing and where there’s ROI is important,” Rosenzweig said, noting the study “aligns with where we’re seeing the claims activity in the marketplace.”

<![CDATA[ A Picasso, an $18M Hole, a Casino Owner, an Auctioneer, an Insurer and a Contractor]]> https://risk-strategies.com/knowledge-center/article/a-picasso-an-18m-hole-a-casino-owner-an-auctioneer-an-insurer-and-a-contractor#When:15:23:29Z Insurance Journal

Insurance specialist LeConte Moore and professional fine art appraiser Vincent Wiener deal with high-profile performers and artists and their works so hearing talk of big dollar figures is not unusual.

<![CDATA[How COVID-19 is reshaping risk management]]> https://risk-strategies.com/knowledge-center/article/how-covid-19-is-reshaping-risk-management#When:20:05:44Z PropertyCasualty360

How COVID-19 is reshaping risk management

<![CDATA[14 Effective Strategies To Increase Employee Faith In HR]]> https://risk-strategies.com/knowledge-center/article/14-effective-strategies-to-increase-employee-faith-in-hr#When:14:34:37Z Forbes.com

Separate roles with a “Chief People Officer” or any number of non-HR titles that give employees a trusted, confidential and “safe” place to speak openly. Top-down buy-in is required. The C-Suite needs to report back on action taken based upon employee feedback regularly to reinforce the culture. - Zain Hasan, Risk Strategies Company

<![CDATA[What’s In Store for the Entertainment Industry Post COVID-19 Shutdown]]> https://risk-strategies.com/knowledge-center/article/whats-in-store-for-the-entertainment-industry-post-covid-19-shutdown#When:14:31:50Z MyNewMarkets.com

John A. Hamby, senior managing director, national entertainment practice leader, DeWitt Stern of California Insurance Services, a division of Risk Strategies Co., said the film and television space is still essentially shut down. He doesn't see the industry picking up production until at least July, even into August, September or October.

<![CDATA[Studios Have “Weighed In” on Pandemic Risk Insurance Bill]]> https://risk-strategies.com/knowledge-center/article/studios-have-weighed-in-on-pandemic-risk-insurance-bill#When:15:05:15Z Hollywood Reporter

The Hollywood Reporter previously reported that the MPA and the Independent Film & Television Alliance have been advocating for federal help in gaining insurance on productions, while DeWitt Stern Risk Strategies insurance brokerage managing director Peter A. Marshall was helping to craft language regarding media production for the bill. When reached by THR, Marshall said he didn't believe that language was included in the first draft, although it might be added if the draft goes to committee.