When approaching a workers compensation settlement, efficiency and accuracy are critical. While it is important to get the settlement right, speed is key to curbing the potential long-term sprawl of expenses related to medical treatment, potential surgeries and indemnification for carriers and businesses.

In the final two weeks of 2022, an arctic high-pressure system, guided by a south-bound polar jet stream, pushed frigid air across Canada and the U.S., reaching the Gulf Coast region. The combination of widespread freezing temperatures, strong winds and extensive precipitation exceeded forecasters’ expectations.

It’s Cyber Security 101: Multi-factor authentication and hard-to-crack passwords are table stakes for preventing incursions. Nevertheless, ‘Password,’ ‘12345’, and ‘Qwerty123’ are among the most commonly found passwords leaked on the dark web by hackers, according to mobile security firm Lookout

Situational variables have an effect on the degree of seriousness of these unexpected events, which causes management to try to find means and methods of stopping their occurrences or minimizing their negative impact on the organization.

The cost-of-living crisis poses the biggest worldwide risk in 2023, according to findings in the World Economic Forum’s Global Risks Report 2023. Two years from now, experts expect the cost of living will still be the number one risk on the global agenda.

Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions skyrocketed, data from blockchain analytics firm Chainalysis showed on Thursday.

While seemingly cliché, the saying ‘everyone is a risk manager’ is simple but absolute. An organization is run by its people and their knowledge in managing risk is a key component to strategic business planning and success.

On July 26, Brandon Jones’s St. Louis home was hit by major flooding for the second time since 2008, when he moved in. Cars were barely visible under several feet of turgid storm water, as record rainfall fell on the city.

The insurance industry is forecast to move to an underwriting loss in 2022 after four years of slim underwriting profits as personal lines loss trends, particularly in auto and homeowners, weigh upon comparatively better commercial market performance, according to a panel speaking Thursday in New York at the Insurance Information Institute’s Joint Industry Forum.

After checking email and reading articles or books, using social media sites is the third most popular activity on the Internet, and the second most popular on mobile devices.

Social media connects brands and businesses to their target audiences, driving greater awareness, revenue and loyalty. Among social media users, 86% follow brands and 57% are more likely to buy from those brands.

When I remodeled a house years ago, I decided that the most expensive words known to man were, "While we’re at it...." Then a co-author and I spent two years having a team of researchers look at 2,500 corporate disasters and realized the most expensive words are actually, "We have to do something...."

Like a growing number of people in the American West, naturalist William Simpson is intimately familiar with wildfire. He lives in California’s rural Siskiyou County where overgrown grass and brush routinely fuel hot-burning and deadly wildfires.

Inflation was running hot even before Russia’s invasion of Ukraine, driven by higher commodity prices, supply-chain interruptions, and high energy prices. The war in Ukraine caused further price shocks for a wide range of commodities, energy and food.

For the savvy insurance professional, there’s nothing quite like getting together with like-minded individuals and discussing some of the latest innovations and nuances going on in the industry. And lucky for us all, in-person events are growing in number after the last two years of uncertainty.