Security plan vs. foreseeable claims threats
Are premises liability claims preventable even in the event of a threat?
While reviewing security at your facility, perhaps you’re thinking you’ve done enough by installing security cameras and alerting employees about potential threats.
Don’t create a false state of security by simply relying on this technology alone — especially now, when we are starting to see a trend in premises liability lawsuits filed by crime victims.
These plaintiffs typically allege they could have escaped injury if a defendant business or property owners had provided adequate security against a foreseeable crime risk on their property.
But, more often than not, we can’t foresee an attack on a shopping center, a gun shooting at a movie theatre, or other incidents.
While strides are being made to improve safety on construction sites nationwide, the construction industry still has a long way to go before achieving a zero-injury culture. The industry experienced approximately 800 fatal work injuries in 2013 — the highest number of fatal work injuries of any industry sector, according to the most recent Bureau of Labor Statistics data.
New insights report shows most recent data on healthcare liability claims and what it can mean for your organization
This article was contributed by Susan Salpeter
Earlier this year, Zurich published its 9th annual Benchmark Study of Hospital Professional Liability Claims, which helps transform tons of claims data every year into valuable information for the healthcare industry.
This year’s study is packed with great information. Take a look below and make sure you know what this data means for you and your organization and feel more equipped to make the best decisions in 2015.
Tips to keeping seasonal influenza out of your home and work life
To ensure we’re not one of the 5-20 percent of the U.S. population that gets the dreaded flu every year, many of us follow the rules. First, avoid other sick people. Second, stay home when you’re sick. Third, cover your mouth and nose when you sneeze. Fourth, avoid touching your eyes, nose or mouth, and wash your hands as often as possible. And lastly, try to be healthy – eat healthy foods, exercise, get plenty of sleep.
These rules are great for helping protect yourself from the flu. But, what happens when you’d like to help keep an entire company away from it? These rules still apply, but so do many others. After all, the health of your employees can very much affect the health of your business.
How predictive analytics are helping create safer job sites
This post was contributed by John Watras, vice president of Zurich’s North America’s construction industry segment.
Sending construction workers home safely every day should be the goal of any building project. But in an industry plagued by dangerous work, that isn’t always easy.
As such, general contractors are increasingly turning to predictive analytics to more easily implement a zero-injury safety culture at their worksites. Predictive analytics works like this: first, data is collected, then problems are identified, then an algorithm is created for solutions.
Traditionally, the construction industry always viewed and measured safety on a basis of failures like regulatory citations, litigation, and loss ratios. The problem with these traditional metrics is that they’re lagging – it’s too late to prevent an incident.
By using software to mine for data on previous worksite incidents or injuries, general contractors can be better equipped to predict workplace injuries and proactively minimize hazards.
But new cyber risk regulations are coming
Imagine owning a business. Now imagine that business experiencing a cyber attack that exposes the personal data of millions of customers and costs millions of dollars to fix. Now imagine that you never have to tell a soul about it.
This still happens in some countries.
Transport your goods safely, on time, and without losses
Cargo handling has always been an issue. But, in recent years, it – along with pilferage and theft (on multiple scales) has become a major concern. It’s easy to see why – according to research by the Swiss Federal Institute of Technology, a third of all marine deliveries are damaged or delayed.
It’s also estimated that 60% of marine claims losses during transit are caused by inappropriate handling, packaging, and/or securing of goods. Don’t believe it? Read this.
According to Martin Wolf’s newest book, The Shifts and the Shocks: What We’ve Learned – and Still Have Time to Learn – From the Financial Crisis, probably not.
We caught up with Wolf at his most recent book tour event hosted by The Chicago Council on Global Affairs and Zurich at The Standard Club in Chicago, where he explained a little bit about how the world economy got to be where it is today, and what we could expect in the future.
On the heels of the United States’ first Ebola virus diagnosis this year, the healthcare industry has been faced with an interesting question: Are U.S. hospitals prepared to handle the Ebola virus?
It’s a valid query.
This post was contributed by Cindy Slubowski, Vice President, Head of Manufacturing at Zurich North America
Quickly scan news headlines and you’ll realize factory fires—despite being extremely preventable—are all but extinct.