Risk & Insurance Articles
Recent news, insights and information on risk management and insurance via Roman Galey.
Protecting Construction Workers From Heat-related Illnesses
As summer approaches and temperatures rise, construction employers must safeguard their employees against heat-related hazards. After all, workers who spend extended periods of time in hot or humid environments are at greater risk of experiencing heat-related...
Consumer Price Index Moderates in April, but Remains Up by 8.3%
The Bureau of Labor Statistics (BLS) recently announced that the U.S. consumer price index (CPI) rose by 8.3% over last year (between April 2021 and April 2022), coming down from an 8.5% increase in March. However, economic experts previously predicted the CPI to...
Attracting and Retaining Employees During the Great Reshuffle
The labor market is a bit unpredictable at the moment. Economists previously warned of a “Great Resignation,” a time when employees were expected to quit in record numbers and leave considerable vacancies in the workforce. This actually happened somewhat—according to...
Cyber Losses in Construction on the Rise
Cyberattacks are increasing in the construction industry. These attacks can shut down business operations, cause reputational damage and result in costly litigation and fines. But what could a cyberattack mean for your business? We provide an overview of the primary...
Watch for These 6 Phishing Scams
Phishing is a type of cyber fraud that utilizes deceptive emails or other electronic communication to manipulate recipients into sharing sensitive information, clicking on malicious links, or opening harmful attachments. While emails are the most common delivery...
April Is Distracted Driving Awareness Month
The National Safety Council recognizes April as Distracted Driving Awareness Month. This event aims to raise awareness about the dangers of distracted driving and encourage motorists like you to minimize potential distractions behind the wheel. Review the following...
The Importance of Participating in the National Safety Stand-down to Prevent Falls in Construction
Falls from elevation consistently reign as one of the top causes of fatalities in the construction industry. Yet, by educating employees on fall risks and implementing adequate job site precautions, employers help protect staff from fall-related incidents and limit...
Work From Home Subsidies
Working from home is more popular now than at any time in recent history. What started out of necessity during the COVID-19 pandemic has now morphed into a perk that remote employees are eager to retain. Luckily for these employees, remote work is likely to remain for...
Space Heater Safety
The cold weather is here for many. You may be tempted to pull out your space heater this winter to stay warm. However, according to the National Fire Protection Association, heating equipment, such as your space heater, is the second-leading cause of home fires each...