Risk & Insurance Articles
Recent news, insights and information on risk management and insurance via Roman Galey.
2023 D&O Insurance Market Outlook
Although the last few years in the directors and officers (D&O) liability insurance segment were characterized by double-digit rate increases and lowered capacity, market conditions proved more favorable throughout 2022. In the scope of publicly traded companies,...
Insuring Valuables
Your valuables are important to you—and insuring them is equally important to prevent serious loss in the event of damage or theft. Learn more about how you can protect the finer things in life with additional coverage. The Basics Standard homeowners, condominium, or...
AAA Says Bad Driving Worsened Last Year
It seems that every year, roadway communities bemoan the actions of bad drivers. These are the motorists who text and drive, speed, don't use turn signals, tailgate, and more. And according to a new study from AAA, bad driving habits have gotten worse in recent years....
Personal Protective Equipment Considerations for Women
Historically, the construction industry has largely been a male-dominated field. In fact, according to the U.S. Bureau of Labor Statistics, women currently account for just 10.3% of those employed within the sector—a statistic that has been relatively steady for much...
Save Money on Energy in Your Household
According to the National Energy Assistance Directors Association, energy costs will reach a decade-long high this winter. Heating costs are predicted to rise 28% for U.S. households relying on natural gas and 27% for those using heating oil. Electricity costs are...
Tips to Limit Supply Chain Exposure
In recent years, factors such as the COVID-19 pandemic, labor shortages, natural disasters, and production issues have contributed to supply chain disruptions worldwide, impacting high-end consumer products and basic commodities, such as generic drugs and energy....
6 Tips for Adding a Teen to Your Auto Policy
If your teen is approaching driving age, it may be time to start thinking about adding them to your auto insurance policy. Although this will likely increase your insurance premiums, it is typically cheaper than having your teen purchase an auto policy in their own...
November Personal Risk Insights
Auto Avoiding Animal Collisions Fall is a beautiful time of year, but it’s also when the most wildlife-vehicle collisions occur. More than 300,000 such incidents occur between October and December every year, according to the Federal Highway Administration. To reduce...
Evaluating Organizational Downsizing
Deciding to terminate an employee is never easy, and it only becomes more difficult and complex when organizations must eliminate multiple employees. Mass layoffs are common when organizations downsize. Organizations downsize for many reasons, but it’s most common...