This author has not written his bio yet.
But we are proud to say that Kyle Langan contributed 20 entries already.
July 19, 2024, by Kyle Langan $5 million award for victim of perpetrator who abused teen girl co-workers at Wendys QUESTION Which commercial insurance contract responds to this type of loss? Failure #1: Thorough pre-hire background check The lawsuit alleges that the company hired the perpetrator in October 2016, despite his previous convictions in Missouri […]
July 2, 2024: OSHA is proposing to issue a new standard, Heat Injury and Illness Prevention in Outdoor and Indoor Work Settings. The standard would apply to all employers conducting outdoor and indoor work in all general industry, construction, maritime, and agriculture sectors. It may soon require employers to create a plan to evaluate and […]
Commercial decision makers may have seen ‘coverage highlights’ or vague, abstract views of assailant coverage. To dive deeper, what sort of actual policy language should a buyer of an Active Assailant Insurance Contract Expect? Protection for Losses Arising From An Attack at Insured Location. Perils covered, directly resulting from an Attack that occurs during the […]
Edited June 6th, by Kyle Langan What is a business email compromise or email account compromise? These cyber risks are financially damaging digital crimes. It exploits the fact that so many professionals rely on email to conduct business. “In a business email compromise (BEC) scam, criminals send an email message that appears to come from […]
Published April 24, 2024 by Kyle Langan Are smaller companies targeted with attacks? Have you seen attempts at Funds Transfer Fraud, through phishing? Sinister sources send these attempts out frequently, and may be experienced the most by small businesses [1]. Weaker security measures are targeted, which is why lower sized operations could find themselves susceptible. […]
Kyle Langan, May 24, 2024 Navigating the Commercial Auto Risk Domain Vehicles represent a nexus of risk for a business. Hazards include deliveries, client meetings, or simply the daily operation. The “ownership, maintenance, or use of vehicles creates liability loss exposures.” [1] To mitigate them, a business should optimize its strategies for titling and insuring […]
Challenges From Rising Yields Higher yields could impact the cash flows of nonprofits that depend on loans or credit lines; because the cost of financing in the U.S. remains the highest since 2008, expense reduction becomes even more vital for nonprofits. [1] Talent Competition, Shortage “74.6% of respondents report job vacancies,” so the frequency of […]
What are the rating and premium basis options for Commercial General Liability exposure? Which cost basis provides the most favorable outcome for your risk management and insurance contracts? (S) GROSS SALES Exposure Rated per $1,000/Total Revenue (A) AREA Exposure Rated per 1,000/Sq. Ft. of space (M) ADMISSIONS Exposure Rated per 1,000/ADM (P) PAYROLL Exposure Rated […]
Edited February 6th, 2024 (Originally created November, 2019, by Kyle Langan) Case: Elon Musk and Tesla vs. SEC In August 2018, “Musk tweeted that he had funding secured for a plan to take Tesla private [traded publicly since 2010]. It turned out that was not entirely true — something the SEC objected to, given that […]
Edited January 30th, 2024 The acquisition of adequate property policies remains expensive and complex. [1] Many insurers have “struggled to maintain profits in recent years, leading to increased premiums and even withdrawals from certain markets, such as Florida and California.” [2] For consumers, “understanding how its factors can affect homeowners is crucial for accurately assessing […]