OSHA Raises Penalties Once Again

Posted by The ALS Group on Jan 29, 2020 3:43:44 PM


According to a memo from the Occupational Safety and Health Administration (OSHA), the official maximum penalty amounts for citations in 2020 will increase slightly.

The Federal Civil Penalties Inflation Adjustment Act of 1990 was just recently evoked once again as the Occupational Safety and Health Administration raises its penalty rates.

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Topics: Bodily Injury, Claims Management, Construction Accidents, Strategic Risk Management, Workplace Safety

Is Faulty Workmanship an Insurable Event? The New Jersey Supreme Court Says “Yes.”

Posted by John Mooney on Sep 8, 2016 4:23:41 PM

The New Jersey Supreme Court recently reversed its position on coverage for construction defects, affirming the Appellate Division’s decision that consequential damages caused by a subcontractor’s faulty workmanship constituted “property damage” caused by an “occurrence” under the plain language of the developer’s Commercial General Liability (CGL) policy.

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Topics: Claims Management, Commercial General Liability Coverage, Commercial General Liability Insurance Risk, Construction Project Risk, NJ Supreme Court Cypress Pointe v Adria Towers, Real Estate, Real Estate & Development General Liability, Real Estate & Development Risk Management, Risk management, Risk Management Blog

OSHA Recordkeeping – Nowhere to Hide

Posted by Albert Sica on Jun 2, 2016 2:22:52 PM

The recent changes to the OSHA record keeping rules that were issued a couple of weeks ago  have been drawing quite a few negative comments from business and industry.

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Topics: Claims Management, OSHA, Risk Management Blog, Safety and Compliance

Supply Chain Risk- How “Wood” You Prevent Your Companies From Being Exposed to a Financial Loss?

Posted by The ALS Group on May 19, 2015 6:03:17 PM

A recent article in the Wall Street Journal highlighted the plight of Lumber Liquidators who has been struggling to deal with the fallout from a scandal that was caused due to the use of formaldehyde in its wood.  You may have seen this on a “60 Minutes” program in early March. If you are a retailer after reading this article and watching the 60 Minutes TV spot you must be asking the question. How well do I know my 3rd party vendors and what  process, if any, does my organization have to contain a similar event?

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Topics: Claims Management, Insurance, Lumber Liquidators, Manufacturing and Distribution, Reputational Risk, Risk management, Risk Management Blog, strategic, Strategic Risk Management, supply chain, Supply Chain Risk, The ALS Group, Total Cost of Risk (TCoR)

Understanding Insurance Terms - Actual Cash Value vs. Replacement Cost

Posted by The ALS Group on Jan 28, 2015 11:15:16 AM

It is vital to understand specific terms found in insurance policies. The inability to do so may result in an unwanted surprise such as a lower than anticipated claim payment following a loss.  For example, Actual Cash Value (ACV) and Replacement Cost (RC) are two different methods of valuation that will determine how the insured is indemnified.

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Topics: Claims Management, Personal Lines, Property Risk, Risk management, Risk Management Blog

Puck Luck: Please be Advised that Pucks, Sticks and Other Equipment May Leave the Playing Surface

Posted by The ALS Group on Oct 29, 2014 1:35:07 PM

With the National Hockey League (NHL) back in full swing, thousands upon thousands of fans will enter the 30 NHL arenas and hear the above phrase. After hearing this several times it will likely become white noise, but this warning is in place for a very specific purpose and failure to warn the attendees could have grave (and expensive!) ramifications.

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Topics: Claims Management, Risk Management Blog

Claims Handling: How to Turn Lemons into Lemonade

Posted by Albert Sica on Jun 4, 2014 2:36:04 PM

One of the most misunderstood areas of the insurance business is claims handling. Often mishandled, this function is the reason companies buy insurance. To be certain the following four key elements are being managed effectively, there are several points to remember when evaluating your claims management program:

1. Do you have an excellent working relationship with your carrier and intermediary [broker or third party administrator (TPA)], including a written agreement on roles, responsibilities (key performance indicators – KPI’s) and communication?

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Topics: Claims Management

Premises Liability

Posted by Albert Sica on Sep 27, 2013 1:17:37 PM


Jury verdicts for premises liability against those who own or manage land, stores, taverns, shopping malls and apartment complexes just keep climbing. A few California verdicts include a $7.5 million judgment after a chiropractor slipped and fell in a Starbucks and a $55 million verdict for a gang-related shooting against a security company that oversaw on-site safety at an apartment complex.

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Topics: Claim Reporting, Claims Handling, Claims Management, Construction, Limit of Liability, Property Risk, Real Estate, Risk Management Blog, Strategic Risk Management, Total Cost of Risk (TCoR)

The Value of the Incident Report

Posted by Albert Sica on Sep 12, 2013 2:17:32 PM

Even when no injury occurs, after any workplace incident or accident, a written incident report allows a timely investigation. Some incidents are minor and need only slight fixes to prevent their recurrence. However, in more serious situations where a serious injury or property damage could have or did occur, a subsequent failure analysis allows management to determine how to best prevent similar occurrences.

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Topics: Claims Handling, Claims Management, Claims Management Process, Construction Accidents, HCP, Human Capital, Risk Management Blog, The ALS Group, Total Cost of Risk, Worker's Compensation

Parental Control Tools Online Can Mitigate Your Risks – Yep, There’s An App For That!

Posted by The ALS Group on Jun 25, 2013 3:18:33 PM

Despite being ripe with positive, useful and educational information, the internet is chock-full of potent dangers, and your children can get into quite a few uncomfortable and, sometimes, dangerous situations whether it is intentional or not. As highlighted in our past blogs on this topic, if you have a standard Homeowners policy, you will likely have little protection from the legal liabilities that can result from inappropriate actions via the internet.

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Topics: Breach of Security, Claims Management, Cyber Risk, Cyber Security, HCP, Human Capital, Human Capital Practice, Personal Lines, Reputational Risk, Risk Management Blog, Social Media Risk

The ALS Group

Risk Management Blog

We manage more than a quarter billion dollars of premiums for a diverse range of clients around the globe. 

Our areas of expertise include:

  • Enterprise Risk Management (ERM)
  • Cyber Security & Cyber Liability Insurance
  • Construction Management
  • Customized Risk Management Assessments (RMAs)

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