Risk Management

Small businesses can raise their public profile through providing helpful news and information and avoiding risks and possible mistakes.|

Logic would dictate that the lack of actual shared losses would also indicate the lack of risk distribution. The IRS may soon test this question in the Tax Court. If logic prevails, then many risk sharing pools will be in trouble.

After years of gearing up safety management programs that coldly demand compliance, an employee's culture, age and personality prove more crucial to safety success than first recognized.

The answer to addressing the personal factors of loss causation must lie in equipping current line level supervisors — those most likely to first identify an interpersonal conflict in their work area — with the people skills and method to accomplish interpersonal conflict resolution.|

Exposure to chemicals is an unnecessary occurrence that has incredible long-term costs. Let's work together on prevention and always trust, but verify!

When the communication and collaboration among the stakeholders in an anti-fraud program erode, bad things will happen. All of us have critical roles in the fight against insurance fraud. We need to change our thinking and strategic vision on this issue if we really want to reduce fraud, which affects all of us - the consumer.

The best way for employers to reduce the risk of successful harassment claims is to maintain and enforce anti-harassment policies, train the workforce on the prevention of harassment, and respond to concerns promptly and effectively.

For farmers markets to be profitable, a specific risk management strategy needs to be developed, implemented, and monitored. To help prevent and minimize losses to customers, employees, vendors, and damage to property and vehicles, a hazard assessment of specific risks needs to be conducted. Finally, farmers markets need to evaluate all activities for appropriate insurance coverages and contractual agreements.