Tag: Business Insurance
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Putting Your Best Risk Forward: Strong Submissions for Real Estate Accounts Lead to Better Outcomes
As an insurance marketing account executive for McGriff Specialty, my role includes presenting my clients’ accounts in the best possible light to our insurance company partners. How I submit each account directly affects the coverage options and terms we receive. Accounts presented favorably tend to generate more interest from a larger pool of insurers, which…
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Weathering the Storm 2026
Summary In 2025, the United States experienced 23 billion-dollar weather and climate disaster events, the third-highest annual total on record. These disasters caused about $115 billion in damages and an estimated 276 deaths, underscoring the growing intensity and frequency of severe weather and the need for comprehensive risk management strategies. The 2025 Atlantic hurricane season…
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De-Escalation in Hospitality: Enhancing Safety, Respect, and Risk Management
The Critical Role of De-Escalation in Hospitality In the dynamic and often high-pressure environment of hospitality, managing conflict effectively is not just a matter of good customer service, it is a vital component of safety, risk management, and business continuity. Whether in hotels, restaurants, bars, or event venues, employees frequently encounter situations involving upset guests,…
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McGriff National Webinar Series
About the Webinar Series Webinars typically take place on the third Thursday of every month at 2:00 p.m. Eastern time. Each webinar lasts approximately 60 minutes. Registration links are provided below with each webinar; a confirmation email will be sent to the email address provided. Reminder emails will be sent 24 hours and one hour…
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Named Storms: Real-World Insights to Navigate Coverage with Confidence
Join us for a comprehensive discussion on named storms in commercial property insurance. This presentation explores how named storms are defined, how they affect insurance coverage, and the role of endorsements and deductibles in shaping policy terms.
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The Impact of Nuclear Verdicts and Modern Courtroom Tactics on Claim Adjusting
Two of the most influential developments are the rise of extremely large jury awards—commonly referred to as nuclear verdicts—and the evolution of modern courtroom strategies used by plaintiff attorneys. Together, these trends have increased claim severity, heightened litigation risk, and forced insurers to modify how claims are investigated, documented, reserved, and settled. As a result,…
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Plaintiff Attorneys AI Claim Severity
This article explores how plaintiff attorneys use AI to drive claim severity—maximizing the value of claims through data-driven insights and advanced analytics. It further examines the legal and ethical challenges posed by AI use, the countermeasures employed by defense counsel, and offers recommendations for policymakers to ensure fairness and transparency in litigation. Literature and Market…
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Inside Management Liability Exposures for Family Offices
A family office is a private organization established to manage the financial and personal affairs of a wealthy family. Typically serving families with assets exceeding $100 million, these entities oversee investments, trusts, estate planning, tax strategy, and philanthropic activities, and they often operate businesses. Family offices vary widely in structure. Some have formal boards or…
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The High Cost of Workplace Complacency in Risk Management: Why Organizations Can’t Afford to Ignore It
Beyond the direct and indirect financial losses, complacency exacts a heavy toll on the human element—leading to more injuries, lower morale, and even loss of life—and erodes the safety culture that underpins sustainable operational success. As businesses navigate demanding production schedules and challenges in hiring and retaining good employees, complacency remains a hidden but costly…
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Single-Parent Captives: A Strategic Risk-Financing Tool for Construction Leadership
A single-parent captive offers construction leadership a strategic alternative. For large construction firms, insurance is not just a line item. It is a material operating expense and a source of earnings volatility. As premiums fluctuate with insurance market cycles, carrier appetite, and industry-wide losses, even the safest contractors with a strong risk management culture can…