What would happen if your business was sued? You damage a client's property, one of your employees is injured on the job, a customer slips and falls in your store—that's all it takes. And then what?
Every business needs a risk management plan, whether it is as simple as purchasing liability insurance or so complex as to require full-time risk managers to execute it. Risk assessment and ...
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What is risk in business insurance?
Insurance risk is the probability of an adverse event that causes an insurance claim. Learn how business insurance risk is assessed and how to lower it.
Corporate liability risk is increasing as jurisdictions around the world adopt liability laws that mimic the stringent framework in the US. Just over two decades ago, the European Commission began the ...
One of the key concepts in the formation of — and probably the success of — accountable care organizations is shared risk. A pivotal part of the Affordable Care Act’s plan to reform an expensive ...
As risks have grown for waste management companies, so have risk‑management tools, including novel legal strategies and ...
After two years, the European Parliament has reignited discussion on the proposed directive for adapting non-contractual civil liability rules to artificial intelligence, known as the "AI Liability ...
Nobody likes admitting they have been hacked. It can scare away customers and investors, invite lawsuits, and lead to regulatory scrutiny. For years, a patchwork of federal and state rules governed ...
Across various industries, examples of medical malpractice and reckless endangerment are continuous eventualities that insurers need to deal with. The matters of risk and responsibility are key ...
A thoughtfully constructed QRM Master Plan translates the strategy and enables a risk-based approach. In 2009, the pharmaceutical and biopharmaceutical industry’s quality risk management (QRM) journey ...
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