The insurance healthcare landscape is constantly evolving, with new medical treatments, technologies, and policy requirements emerging regularly. With professionals from various healthcare disciplines and backgrounds, the INSURICA Healthcare Practice team can assess risk and design insurance plans from multiple angles.
Even though most uses of asbestos have been banned, it can still be found in a variety of products, such as building materials and vehicle brakes. Employees can be exposed to this hazardous material during the manufacturing process, brake and clutch repairs, and renovations and demolitions.
Recent alarming news headlines emphasize the vulnerability of educational institutions to potentially deadly weapon-related attacks.
According to IBM’s annual Data Breach report, the average cost of a data breach reached an all-time global high of $4.45 million, up 2.3% from 2022 and 15.3% since 2020. While $4.45 million is the average across the 16 countries included in IBM’s survey of 553 organizations, breaches in the United States cost far more than the average. The 2023 average hit $9.48 million, according to the report.
The construction industry consists of companies that construct, maintain and repair buildings and other structures (e.g., roads, bridges and utility systems). This sector plays a vital role in the U.S. economy by keeping residential areas, commercial facilities and local infrastructure in good condition, thus supporting the safety and welfare of communities across the nation.
Tripping refers to the process of removing and/or replacing pipe from the well when it is necessary to change the bit or other piece of the drill string. This process also occurs when preparing to run certain tests in the well bore. To help promote a hazard-free work environment, the following list highlights potential hazards and safety solutions for review.
U.S. employers estimate a median 7% increase in healthcare costs for 2024, according to a recent survey of employers by the International Foundation of Employee Benefit Plans (IFEBP). This sizable increase in healthcare costs is driven by chronic health conditions, catastrophic health claims and rising prescription drug prices. This is the second consecutive year employers have projected a 7% increase in healthcare costs.
Amputation injuries frequently occur when workers operate unguarded or inadequately safeguarded machinery, but they can also occur if a worker is simply not paying enough attention or makes a careless mistake. Machine and equipment operators are at risk, but so are other employees in the area if they are not aware of their surroundings.
When employees leave a company, there is a heightened risk of data theft, which is also known as data leakage or exfiltration. This risk is present whether an employee’s departure is voluntary or not. The consequences of data theft from insiders can be severe, as an organization’s most valued data assets and secrets are vulnerable. Data leakage events can impact a company’s financials through lost business and intellectual property, and they can result in reputational damage, litigation and regulatory fines.
Employees are an organization’s first line of defense against cybercriminals. For this reason, they are also commonly targeted. In fact, the vast majority (88%) of data breaches are caused by employee mistakes, according to Stanford University. Unfortunately for organizations, a single mistake can result in costly losses, reputational damage and lost or stolen data.
