IN THE PUBLIC EYE
The "In The Public Eye" newsletter is dedicated to exploring risk management topics and challenges faced by today's Public Sector leaders.
The December issue of In The Public Eye has arrived! If you have any questions about the articles in this issue or have any other insurance-related questions, please contact us.
IN THE PUBLIC EYE PODCAST
Alliant Welcomes Kaci Synder and Phil Williams to Public Entity Education and Pooling
Alliant
Public entities face different property risks, liability exposures, and employee benefits needs than most commercial businesses. Dan Howell sits down with Phil Williams and Kaci Snyder to discuss how their expertise, knowledge and understanding of public entities enables them to provide clients with innovative programs that meet their specialized needs.
Underwriter Perspectives of Airport Liability Risks
IN THE BROKER'S CORNER
Alliant
Understanding the mind and process of an underwriter is key to develop a cost-effective and impactful risk transfer program for airport operations, especially in the world of liability. This article provides insight and awareness to the underwriting process in hopes we can help our public entity clients endure a continuing hardened state of the aviation liability market and strive for a change for the better.
PUBLIC ENTITY
Judge Approves $625 Million Settlement in Flint, Michigan Water Litigation
Insurance Journal
A judge approved a $626 million deal to settle lawsuits filed by Flint residents who found their tap water contaminated by lead following disastrous decisions to switch the city’s water source and a failure to swiftly acknowledge the problem.
Read More
CYBER CORNER
System Security Standards Guidelines for Cyber Quotes
Alliant
As of the beginning of the 4th quarter of 2021, the global cyber insurance market continues to harden due to an increase in frequency and severity of cyber claims. These increases are primarily driven by more frequent and sophisticated ransomware attacks and public entities remain a top target. Consequently, insured’s ability to obtain a cyber quote for this coming renewal will be far more dependent on the cyber security controls that they have in place. To help navigate this difficult environment going into renewal, the Alliant public entity cyber team has put together the attached bulletin of what the general marketplace has deemed minimum security standard guidelines.
Read More
NEWS
After Deadly Houston Concert, Fight Over Who’s to Blame Begins
Insurance Journal
Live Nation Entertainment Inc. is being targeted by more than a dozen lawsuits over the deadly crush of concertgoers at the promoter’s Astroworld Festival in Houston last week, but at least one expert says it may be too early to know who’s at fault.
Read More
COMMERCIAL P&C
Insurers for High Crime Areas on Notice after Georgia Court Affirms $43M Verdict
Insurance Journal
A Georgia appeals court has upheld a $43 million premises liability verdict against the CVS Pharmacy chain, ruling that the company failed to take security measures to prevent the shooting of a patron in 2012.
EMPLOYEE BENEFITS
Reduce Your Exposures During Work Events
Alliant
Businesses host parties for a variety of reasons, including the holidays and organizational accomplishments. While these events are fun, team-building opportunities, they can create a number of risks for the hosting company. In fact, in the event that an employee is injured at the party or causes property damage, the employer is usually the one held responsible. This can lead to costly litigation and reputational harm that can affect a company for years.
FINANCIAL SECURITY
Expecting a baby? Here's how to get your finances ready
CNN
Preparing for a baby doesn't just stop at picking the name or setting up the nursery. It also requires a lot of financial planning.
ON A PERSONAL NOTE
Cybersecurity Tips for Online Shopping During the Holidays
Alliant
During the holiday season, it's often easier to shop online to find gifts for your loved ones. But while online shopping can save you the trip to the store, it also comes with cybersecurity risks.
MANAGEASE
COVID-19: EEOC Updates and Expands Employer Vaccine Guidance
ManagEase
The U.S. Equal Employment Opportunity Commission (EEOC) updated Section K (Vaccinations - Overview, ADA, Title VII, and GINA) of its “What You Should Know” publication for COVID-19 guidance. It also added a new Section L for how employer vaccine rules are impacted by Title VII and religious objections.
EVENTS
Conferences, Speaking Engagements and Webinars
Alliant Public Entity attends and produces various events throughout the year. These events provide our team a chance to meet and network with members of the community, learn and present ideas.