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Library Tag: Risk

Looking ahead policyholders who conduct high risk operations have poor loss control practices or are located in natural disaster prone areas will likely remain increasingly vulnerable to persistent rate hikes and coverage limitations
In 2020 the National Highway Traffic Safety Association reported 3 142 deaths caused by distracted driving
Total cost of risk is the cost of both pure and speculative risk It is synonymous with price the price of your risk management program
Employee theft occurs much more frequently than employers realize By taking a few simple steps to ensure honest work practices you can substantially reduce your risk
Although employee well being is typically considered an HR related matter it s also an enterprise risk that directly correlates with a wide range of key business objectives
The COVID 19 pandemic tipped off supply chain issues that may take years to reconcile Now employers are left wondering how they might be able to stay afloat amid unprecedented market uncertainty
Nonprofit organizations provide essential social services that benefit the community and their members However even if your organization doesn t sell a product or generate profit there are still a number of potential risks that can affect your employees assets volunteers directors and officers and most importantly your mission
The first step in implementing a comprehensive risk management plan is identifying potential risks To help you get started we have provided a list of the top 10 threats facing small business owners