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Consulting Firm Agrees to $1.75 Million Settlement in Water Treatment Plant Suit

Consulting Firm Agrees to $1.75 Million Settlement in Water Treatment Plant Suit

A consulting firm will pay $1.75 million to settle claims of breach of contract and professional negligence related to the design and construction of a large, lined pond that was part of a $13 million water treatment plant. The Community Services District of Cambria, California sued the firm, CDM Smith, in 2018, claiming the pond required repairs, redesign and modifications…

New Outdoor Dining Structures Could Put Restaurants at Risk

New Outdoor Dining Structures Could Put Restaurants at Risk

A brewery in Michigan recently opened several “craft beer shanties” where customers can be served outside while indoor dining is temporarily restricted statewide. The owner of Brass Ring Brewing in Alger Heights reportedly modeled the enclosed wooden structures after ice fishing shanties and said they can be reserved in 90-minute blocks by groups of four, as long as the guests…

Driverless Deliveries, Contactless Restaurants: Shift to Digital Alters Liability Landscape

Driverless Deliveries, Contactless Restaurants: Shift to Digital Alters Liability Landscape

Walmart will soon begin testing a grocery delivery program that uses autonomous vehicles, the retailer announced November 10. The pilot program, a partnership with California-based driverless car company Cruise LLC, will send grocery orders directly to customers in Cruise\'s electric, self-driving cars. The program, set to launch in Scottsdale, Arizona early next year, builds on an express delivery service Walmart…

Hurricane Laura Slams Energy Industry Reeling from Pandemic

Hurricane Laura Slams Energy Industry Reeling from Pandemic

Oil and gas production in the Gulf of Mexico was slowed significantly beginning on August 23, as a pair of tropical storms approached U.S. shores and forced the shutdown and evacuation of nearly 300 offshore platforms. Hurricane Laura, one of the most powerful storms to ever hit the U.S., made landfall on August 27, devastating the city of Lake Charles,…

Taking on New Risks: Businesses Evolve to Face Challenges Posed By COVID-19

Taking on New Risks: Businesses Evolve to Face Challenges Posed By COVID-19

Businesses in the United States and Canada have had to adapt to an unprecedented set of uncertain and rapidly evolving circumstances in recent weeks. According to a recent Goldman Sachs survey of U.S. small business owners, 96 percent say that they have already been impacted by coronavirus, or COVID-19. [bw_inline_quote author_id=\"Tyson Peel\"] Some businesses have reduced hours or shut down,…

Pacemakers and Other Implanted Devices at Risk of Hacking, Warns FDA

Pacemakers and Other Implanted Devices at Risk of Hacking, Warns FDA

On October 1, the Federal Drug Administration (FDA) issued a warning about the so-called URGENT/11 cybersecurity flaws that leave certain Wi-Fi-enabled medical devices vulnerable to being remote-controlled by hackers, such as cardiac pacemakers, implantable cardioverter defibrillators (ICDs) or insulin pumps. The FDA indicated that devices potentially at risk are those utilizing IPnet, a decades-old software application that enables wireless networking.…

Physician Pleads Guilty in $1.2 Billion Medicare Billing Fraud Scheme

Physician Pleads Guilty in $1.2 Billion Medicare Billing Fraud Scheme

Dr. Joseph DeCorso entered a guilty plea in New Jersey federal court on September 12, on charges he allegedly conspired to commit $13 million in Medicare fraud by prescribing medically unnecessary orthotic braces while working for two telemedicine firms between July 2017 and March 2019. He also agreed to pay $7 million in restitution to the government. DeCorso’s sentencing is…

Insuring Santa Claus

Insuring Santa Claus

From his bustling workshop to his nine loyal reindeer, Santa Claus operates one of the most complex enterprises in the world. That level of global intricacy requires an expert review of risk management strategies. “There are a number of insurance products that I would think Santa would have in place,” said Chris Zoidis, Corporate Executive Vice President, Burns & Wilcox.…

New Risks Require a Surgical Approach to Healthcare

New Risks Require a Surgical Approach to Healthcare

The last five years have meant rapid change for the healthcare industry: the Affordable Care Act (ACA) was signed into law in 2010; the Medicare Electronic Health Record (EHR) Incentive Programs, also known as meaningful use, were launched in 2011; and this fall, Medicare is changing requirements for how claims are coded. The changing environment has kept providers on their…

Realtors Need Coverage, Too

Realtors Need Coverage, Too

Real Estate Errors and Omissions Insurance Short of marriage or having children, purchasing a home is one of the most emotional decisions families can make. As the real estate broker of that decision, a realtor’s relationship with the buyer can be a very personal one, which can lead to deep gratitude – or to bitter disputes. Just as home buyers…

Social Media is Fraught with #Risk, But There are Solutions

Social Media is Fraught with #Risk, But There are Solutions

Similar to the introduction of email more than 20 years ago, social media has become a common workplace tool and many businesses are actively using it to engage with a variety of audiences including employees, customers, industry influencers, media and vendors. In fact, the use of multiple social media platforms like Twitter, Facebook and LinkedIn can extend an organization’s reach…

The Virtues of Excess

The Virtues of Excess

How much can your client afford to lose? Consider the example of a banquet hall filled to capacity when a fire breaks out, destroying the building and resulting in the injury or death of patrons. The owner’s General Liability Coverage has limits of $1 million per occurrence and $2 million aggregate; however, during the investigation it is determined that the…

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