
Articles
Oregon Family Leave Act (OFLA) Changes – Employer Notification to Rescind Approved Leaves Due June 1, 2024
Thursday, May 30, 2024
The Oregon Bureau of Labor and Industries (BOLI) issued temporary and proposed rules under OAR 839-009-0201. The rules provide guidance to employers for navigating recent changes to Paid Leave Oregon (PLO) and OFLA that were mandated under SB 1515. See our previous article for details on the SB 1515 mandates.
Risk in Focus :: Education Q2 2024
Tuesday, May 28, 2024
Higher education institutions face significant challenges in ensuring the health and safety of their students and visitors. Understanding the primary causes of injuries and implementing effective preventive measures is crucial.
Markets in Focus :: Cyber Q2 2024
Tuesday, May 21, 2024
The cyber insurance market remains stable, with ample capacity and favorable reinsurance renewals in January. The cyber risk landscape is shifting from ransomware to privacy events and litigation. Class action lawsuits alleging improper collection and sharing of personal information have increased, particularly in the healthcare sector. Insurers are closely monitoring these developments as the number of losses could impact their profitability. Some insurers are using exclusions related to data collection to avoid covering settlements and defense costs.
Markets in Focus :: Education Q2 2024
Friday, May 10, 2024
Private schools, colleges, and universities are encountering growing discrimination-related requirements in admissions, athletics, diversity, and student care. Failure to comply can harm reputation and result in legal liabilities. Title IX mandates ensure equitable funding, equipment, and facilities for men’s and women’s sports programs. New regulations may extend protections for transgender student participation. Compliance is crucial for institutions receiving federal funds. Non-compliance with discrimination mandates can lead to fines, loss of federal funds, and legal consequences.
Markets in Focus :: Real Estate Q2 2024
Tuesday, May 7, 2024
Dynamic shifts are shaping the hospitality industry, from the surge in consumer preferences to innovative strategies driving resilience in the restaurant and hotel sectors. Learn more about how these trends are impacting insurance considerations in our latest Markets in Focus.
Managing Risk in Construction-Led Design-Build Projects
Monday, May 6, 2024
The design-build construction project method is praised for its potential to enhance efficiency and reduce costs. Nonetheless, challenges arise from contractual risks inherent in this approach, as well as the uneven distribution of liabilities among contractors and designers. Dive deeper into understanding the design-build method and discover crucial strategies for mitigating its associated risks in a Puget Sound Business Journal article from Parker, Smith & Feek Account Executive David Goldsmith.
Markets in Focus :: Healthcare Q2 2024
Wednesday, May 1, 2024
Dynamic shifts are shaping the hospitality industry, from the surge in consumer preferences to innovative strategies driving resilience in the restaurant and hotel sectors. Learn more about how these trends are impacting insurance considerations in our latest Markets in Focus.
Risk in Focus :: Cyber Q2 2024
Wednesday, April 24, 2024
Cyber risk is an evolving and often misunderstood class of risk. Rapid technological change, the ever-increasing reach and skills of hackers, and the unpredictability and often unexpected cost of cyber events compound the challenges and increase the stakes for cyber risk protection.
Comprehensive Risk Management: A Conversation on Emergency Preparedness and Business Continuity
Thursday, April 18, 2024
Emergency preparedness and business continuity planning are integral to mitigating property risks and losses in an organization, ensuring the organization’s longevity and enhancing its ability to withstand adversities. The recent insights from Parker, Smith & Feek/IMA Financial Group Claims Executive Bret Ommodt and Director of Property, Risk Control Eric Riddleberger, along with King County Housing Authority Risk Manager Joel Tobin, presented a comprehensive perspective on emergency preparedness and business continuity planning during PS&F/IMA’s annual Risk and Safety Summit held virtually in December.
Reducing Workplace Violence in Healthcare: Understanding and Addressing Threats to Employee Safety
Friday, April 12, 2024
The Environmental Protection Agency (EPA) has linked per- and polyfluoroalkyl substances (PFAS) to a range of health issues. These widely used chemicals have been integrated into commercial and consumer products for their valuable properties for decades…
Markets in Focus :: General Insurance Q1 2024
Wednesday, March 20, 2024
Amidst a dynamic economic landscape, several significant events are shaping the business environment in the U.S. Challenges such as higher borrowing costs and inflation rates have prompted analysis.
Markets in Focus :: Construction Q1 2024
Thursday, March 14, 2024
The IMA National Construction Group gathers to analyze construction economic data, weaving together insights that could influence risk and insurance strategies for construction firms.
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