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Client Success Story: Real Estate Investor/Lender – Insurance Compliance
Situation & Issue A NY-based organization (acting as tax syndicator) with over 350 properties engaged us to review and modify the lender requirements and to ensure insurance compliance with the...
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COI Compliance: Do You Sleep at Night?
There are industries that entail managing insurance compliance among large numbers of vendors/contractors, which challenges even the most organized firm to manage the compliance properly. If done...
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FACC Sues CEO, CFO in Wake of "Fake-President" Fraud
A new development has occurred in the FACC cyber “fake-president fraud” case.
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Faulty Work & Claims Reporting
I came across an interesting case that illustrates how critical it is to properly notice a “downstream party” of a claim (or potential claim) and require proof that notice was filed with their insurer.
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Hospitality Industry Challenges & Risks
As the Hospitality industry continues to experience growing activity amidst a strong economy, there are, inherently, challenges that must be continuously addressed and improved on to ensure customers...
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Are Your Construction Projects at Risk Because of Cyber Exposures?
The construction industry is changing rapidly and more and more projects are relying on emerging technologies for management and completion. There are now major cyber related concerns regarding...
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How Site Safety Management and Site Security Reduce Construction Risk
Site Security Protecting a Project’s assets is at the top of the list for most Developers and Lenders these days. Whether it be finances, property, or business, setting up some type of a security...
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Allianz Risk Barometer – A “gut check” on how top 10 risks can impact you….
For the last several years Allianz has published a concise and informative report on the top risks that businesses face globally. It is a great opportunity to think about how these risks could affect...
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Cyber Risk Preparedness
Given the widespread awareness of Cyber Risk and the increasing trend for companies to consider insurance around this exposure, a company’s preparedness for a Cyber risk related event should be a part...
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NY Employer Alert: NEW Sexual Harassment Training Requirements Going Into Effect
On October 9, 2018, NYS and NYC Governments enacted an anti-sexual-harassment law that carries pretty stringent requirements relating to employers’ anti-harassment policies and training. These labor...
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Don’t Get Buried with Snow Removal – Effective Risk Transfer is Key
This week’s unexpected snowstorm should be a reminder to be diligent in making sure your snow removal provider has the proper insurance coverage.With winter almost here, many companies are putting the...
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'Tis The Season to be Jolly…
We have all heard that phrase before, and now that Thanksgiving has passed it will be a sprint to New Year’s Eve – surely, with a few holiday parties in the middle. This is when companies often are...
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OSHA Raises Penalties Once Again
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...
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Can Novel Coronavirus be a Risk to Your Business?
Last month, the World Health Organization (WHO) issued a warning about the potentially dangerous, rapidly spreading coronavirus that originated in Wuhan City, Hubei Province of China. According to the...
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Threats to Consider When Crafting a Social Media Risk Mitigation Plan
Over the last decade, social media has quickly become a prominent way for businesses to advertise, communicate, and educate. On the flip side, it can be a huge risk for those businesses that cannot...
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Insurance Risk & Rising Premium Rates – Why, & What Can be Done to Change Them
Three Questions for Managing Principal, Albert Sica, of The ALS GroupFor the last 12-18 months commercial insurance rates have been rising and many business leaders are ill-equipped to either...
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While Constructing a Builder’s Risk Policy, Consider Soft Costs & Hard Costs
Every significant construction project needs a Builders Risk policy.Sounds simple enough, but the process of procuring the correct Builders Risk policy starts with an understanding of the project...
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Jessica Aviles, VP of Talent Management, Answers Questions about the...
Who are you and what is your role at The ALS Group? My name is Jessica Aviles, I am the VP of Talent Management at The ALS Group. I was brought on-board almost two and half years ago to manage the...
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Risks of Working from Home and Workers' Compensation Policy
As Coronavirus spreads worldwide, companies are thinking of ways to keep productivity up, as well as, mitigate the risks to both their employees and the organization’s bottom line. One of the ways a...
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Happy International Women's Day!
The ALS Group whole-heatedly believes in being an equal opportunity employer. The diverse group of women who work in our office are critical thinkers who do exceptional quality work, and maintain...
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