Background The United States is currently experiencing one of the largest transfers of wealth in history as aging baby boomers are passing on their wealth and transitioning the ownership of their businesses. The increasing number of these transactions has caused an uptick in the number of claims made against trust and estate attorneys.
Several clients have asked us if they have the right to choose a particular firm for their defense. The answer to this question depends on your legal malpractice policy.
F&L Construction Inc. is a locally-owned small business that has been serving the Washington D.C. Metropolitan area since 1991, providing services in general contracting, construction management, design-build, and site development. I recently had the opportunity to speak with their founder and CEO, Freddie Winston, a long-time and devoted client of PSA, about how F&L Construction, […]
Cyber risk is real and evolving. In today’s interconnected digital world, all businesses that use technology and handle sensitive data are exposed to cyber risks. According to the 2019 Verizon Data Breach Investigations report, 56% of breaches took months or longer to discover. The 2020 Verizon report finds that Phishing was the top threat behind […]
This blog is the final installment in a three-part series addressing return to work considerations discussed in a recent PSA webinar. In part one, we covered COVID-19 testing and managing sick employees, and in part two, we discussed HR considerations for getting employees back to the workplace and granting accommodations. In this post, we focus […]
As a result of mandated time at home due to the COVID-19 quarantine, I am seeing family and friends on social media completing all kinds of projects they never had the time to do before. Let’s apply that time and mentality to workplace safety best practices. As a safety professional, with thousands of safety assessments […]
Remember when we said that cybersecurity risks are important to pay attention to? Well, now is the time to listen. As you are probably reading this from your basement, kitchen table, or makeshift office, I don’t need to tell you that COVID-19 has changed the way we work literally overnight. Not only do many of […]
As of late, all risk management professionals have been engaging in challenging conversations with their clients. The unfortunate truth is that the insurance industry never anticipated a major outbreak like the Coronavirus, and therefore, has not drafted any commercial insurance policy to provide specific coverage for this scenario. We are in uncharted territory. At the […]
While so much of the economic impact on businesses stemming from COVID-19 is seemingly uncovered by insurance policies, there are conditions under which employers may feel some relief. Workers’ Compensation is the area where we may see some coverage for a directly infected employee if it can be proven the infection was contracted in the […]
