The National Cannabis Risk Management Association announced this week it was postponing NCRMA2020, its upcoming conference in Las Vegas at the Bally’s hotel and resort on March 22-24.
Cannabis businesses face a wide array of risks and obstacles. Arguably one of the main exposures to impact the industry so far is theft. As the medical and recreational cannabis markets continue to expand into new states, theft claims involving cannabis-related stock and/or raw materials are also on the rise.
The story behind coronavirus reads like a Hollywood disaster movie: It appears to be a mutated virus with no available vaccination; over 50 million people in China have been quarantined; over 60,000 people are infected; over 1,300 people are dead; global businesses operating in affected zones in China have shut down or significantly restricted operations; and health experts project the outbreak may not peak until April 2020.
A major insurance claims industry conference scheduled to start Sunday, March 8 has been cancelled due to events related to the coronavirus. The event was scheduled for the Gaylord National Hotel in National Harbor, Maryland, outside Washington, D.C.
If you walk into a college classroom and ask, “How many of you would like to work in Insurance?”, I’d be surprised if anybody raised their hand. Unfortunately, there is not enough information given to millennials that promotes the exciting employment opportunities in the industry.
In today’s world, the mentality is “more for less.” This is especially true with our expectations of our new industry level professionals. We place more demands on our young professionals with less training.
When a worker finds themselves stuck at home after a workplace injury, they can feel disconnected from the world around them. Their days can become directionless without the routine of going to work and they may lose contact with their friends and colleagues from the office.
If you’ve ever thought that you have no idea what you’re doing at work and at any moment this fraud will be found out by your co-workers and bosses, you’ve probably experienced imposter syndrome.
In October 2019, a Philadelphia jury delivered an $8 billion verdict against Johnson & Johnson for its improper marketing of the antipsychotic drug Risperdal as a treatment for some mental-health disorders in children.
How many times have you applied for a leadership role only to be rejected due to lack of leadership experience? There’s nothing more frustrating than when you’re kicking butt in your job, you love it and know that you’ll be an amazing manager once you get that promotion, you can’t wait to get others as excited about the role as you are, but you can’t seem to get the go-ahead from management.
When and whether a vehicle involved in a collision is considered “totaled” for first-party insurance purposes is an issue of great angst and confusion for most consumers. We hear horror stories of older but functioning vehicles being “totaled” simply due to a bent frame or other seemingly minor or even hidden damage.
In recent years, efforts to promote diversity and inclusion in insurance and other industries have become increasingly structuralized, hardwired into most companies’ business models.
The coronavirus outbreak has provided a textbook example of just how complicated insurance can be. Businesses around the world, especially those that deal heavily with China, are desperately trying to work out whether they can file successful business interruption claims for losses in revenue tied to the public health crisis.
The current insurance industry is in a quasi-crisis in terms of talent. Over the next couple of years, there will be a mass exodus of legacy insurance professionals which will create a vacuum that must be filled by young talent. The talent gap stats have been blasted all over insurance articles so I will refrain from regurgitating that data here as the point of this article is deeper than statistical analysis.
