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Insurance is an effective financial tool allowing entities to transfer risk to a third party, providing protection from profit and loss (P&L) volatility and enabling growth by allowing other risks to be absorbed, while insurable risks are hedged. Oft…
As we transition from the dog days of summer into the beauty that is fall foliage, many employees are preparing for one of the biggest fall activities in their household: children going back to school. According to a recent article in Employee Benefi…
Pain is one of the most common reasons adults seek medical care in the United States. According to the Centers for Disease Control and Prevention (CDC), American healthcare providers write 259 million prescriptions for opioid pain medication each yea…
Given recent media interest regarding reinforced autoclaved aerated concrete (RAAC), Sedgwick’s liability claims services group consider what the potential issues are, and what the current liability implications might be. What is RAAC? Autoclaved…
According to the United Nations Environment Programme (UNEP), the construction industry accounts for 38% of total global energy-related CO2 emissions, and some estimates suggest that investing in a more resilient infrastructure could save humanity a …
Business interruption (BI) is a significant concern for professional services firms — whether it be lawyers, accountants, medical professionals or consulting agencies. Any disruption, whether due to physical damages or technology downtime, can …
The California Association of Joint Power Authorities (CAJPA) will host their fall conference September 12-15 in Lake Tahoe, California. This event is a space for over 1,000 pooling professionals from all across the state to connect with general mana…
The RIMS Canada Council will host the 2023 Canada RIMS Conference September 11-14 in Ottawa. An array of risk managers across a variety of industries will come together to connect on all things risk management. There will be many opportunities to eng…
The paid family and medical leave landscape has become more complex and state-by-state differences remain, but employers can take proactive steps to streamline their policies. In the world of accommodations for injured or disabled employees, training…
The risk of product recalls across five key industries remains prevalent in the U.S. according to data from Sedgwick’s latest Recall Index report. Despite recall activity falling less than one percent in Q2 2023 compared to the previous quarter, at o…
Across various industry sectors and businesses, commercial electrical and mechanical equipment can be exposed to contaminants from fire, water and other perils. After a loss event, particulates often settle on susceptible surfaces — which can l…
European product recalls increased 7.8% in the second quarter of 2023, marking a fourth consecutive quarter of aggregate growth across the automotive, food and beverage, pharmaceutical, medical device and consumer product sectors. According to Sedgwi…
September 5 is the International Day of Charity — offering a chance for organizations to increase and enhance social responsibility around the world, and to celebrate volunteerism and philanthropic activities. Our colleagues demonstrate every d…
In early August, the government of the United Kingdom released 13 proposals to change product safety. While stakeholders have been expecting these proposals for a while now, a few of the changes came as a surprise to regulatory experts because they c…
The U.S. National Highway Traffic Safety Administration (NHTSA) indicated that it plans to publish a notice of proposed rulemaking on automated driving systems (ADS) this fall. Simultaneously, several members of the U.S. House of Representatives are …