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e-Risk Management
Fall 2010

 

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An Ounce of Prevention
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By Rustin Goodgion

Did you know that theft is on the rise in the self-storage industry? Throughout the nation, some counties report self-storage theft rates as high as 75 percent over the past five years. Although there are many creative and important methods I've used to insure self-storage facilities, one thing that has struck me when visiting my self-storage clients is the lack of some fundamental tools of prevention that have been proven to significantly reduce the occurrence of theft. As the old saying goes, "an ounce of prevention is worth a pound of cure."


By Tammy LeRoy

Illegal cigarette trafficking is big business. Once a relatively minor problem for law enforcement agencies, this illicit activity is growing at alarming rates, not only in the U.S. but worldwide. Increasing taxes on tobacco products has led to an epidemic in contraband tobacco products, as well as the sales of counterfeit tax stamps. Unfortunately, cigarette smuggling represents another criminal activity linked with self-storage.

Up in Smoke: Self-Storage and Contraband Tobacco
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Risk Management Checklist: Security
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Creating a risk management checklist for your self-storage business can be a challenge, and this series of articles offers suggestions for various categories and items that you may want to include in your checklist. The focus this quarter is security.


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