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Med Spa Hit With $25,000 Penalty Over Unauthorized Drugs
Inside This Article: An Ohio med spa was fined $25,000 after investigators found unauthorized prescription drug orders and other violations. A patient lost consciousness after using a drug provided by one of the med spa’s owners, according to the state investigation. Medical Malpractice Insurance and Commercial General Liability (CGL) Insurance can address different aspects of med spa risks. As
Century-Old Clubhouse Destroyed by Fire Faces Complex Rebuild
Inside This Article: A fire recently destroyed the historic Lochmoor Country Club clubhouse in Grosse Pointe Woods, Michigan. Historic properties may require specialized Commercial Property Insurance with Historical Replacement Cost to reproduce original materials, designs, and craftsmanship after a loss. Business Interruption Coverage and Extra Expense Coverage can help companies recoup lost revenue and maintain payroll during restoration. Updates
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As medical spas continue to grow in the U.S. and Canada, one type of service appears to be in high demand: weight loss treatments. With well-known drugs like Ozempic and Wegovy in short supply in many areas, some medspas have been filling the gap by offering semaglutide injections to their customers. Recent reports highlight medspas in Iowa, Missouri and other…
Demand for office space is on the rise, possibly indicating that the bottom of the commercial office space market has passed, and a rebound is underway, Property Casualty 360 recently reported. Data from real estate tech platform VTS shows that demand for new commercial office space started rising in late 2022 and recently hit its 12th consecutive month of year-over-year…
Whatcom County road in Lynden, Washington, was stained bright red the evening of July 10 when about 100 trays of raspberries from Enfield Farms spilled from a truck. An entire lane was blocked for nearly two hours while locals jumped in to help with the cleanup. Not only did state troopers cite the truck driver for…
Wildfire season in the U.S. and Canada has had an alarming start this year, with recent wildfires already burning over 1 million acres in Oregon, destroying up to half of the structures in the Canadian town of Jasper, and currently threatening a growing swath of Northern California as firefighters battle the Park Fire, which is the state\'s largest wildfire of…
The global Microsoft outage that grounded flights, canceled nonessential surgeries and halted operations for countless businesses could exceed $1 billion in insured losses, according to reports. The technology outage, which began July 19 after a faulty software update by CrowdStrike shut down 8.5 million Windows computers around the world, left many large and small companies unable to function — and…
The term “equilibrium” is increasingly being used within insurance circles to describe certain sectors moving toward a state of balance in terms of rates versus supply, terms and conditions. It suggests a growing opinion among industry leaders that Property and Casualty (P&C) is largely in a healthy place. This is true even after a decade-long period characterized by costly CAT…
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