In 2023, Bayer AG faced a staggering $2.2 billion verdict over its Roundup weedkiller, contributing to record-setting numbers. These monumental awards, known as nuclear verdicts, pose a significant threat to businesses of all sizes. But how do these types of verdicts affect the law firms involved? In this blog, we’ll explore what nuclear verdicts...
Mitigating risks in food and cannabis delivery is not just about adhering to legal standards; it’s about safeguarding the business, its customers, and the broader community from unforeseen disasters. By understanding and addressing the unique challenges food and cannabis delivery drivers face, businesses can proactively ensure the safety of their...
Fires in commercial buildings can happen any time of year, but the risk can rise in winter. The colder months often bring increased usage of heating systems and electrical appliances as businesses work to make spaces more comfortable for employees and customers and to keep equipment and other business assets safe and operational. Winter weather...
The 2023 hurricane season has been punctuated by the damaging winds and rain of Tropical Storm Hilary in California as well as Hurricanes Idalia and Lee and Tropical Storm Ophelia on the Atlantic coastline. And it’s not over yet! Risk management can go a long way toward mitigating incidents of property damage or bodily injury at a commercial...
Comedian George Carlin famously said that all we need in life is “a place for our stuff.” More than 11 percent of Americans — nearly 15 million households at last count — turn to local self-storage facilities because they have more stuff than their closets and garages can hold. Renting a self-storage unit is a convenient solution for many of us....
The U.S. Department of Justice last week announced the outcome of a multi-agency, multinational operation that dismantled an international ransomware network with thousands of targets. With a narrative worthy of a fictional espionage thriller, the news release dated January 26, 2023, described a months-long campaign of disruption waged against...
Winter Storm Elliott made headlines in December 2022 for its incredible ferocity and destructive power. Amid the reports, many of us first encountered the term “bomb cyclone.” While not a rare phenomenon, bomb cyclones don’t usually cause the level of damage that Elliott inflicted. Air travel during the 2022 holiday season produced moments...
‘Tis the season for end-of-the-year charitable giving! As fundraising efforts ramp up and volunteers pitch in, make sure your nonprofit clients have the coverage they need. The last few weeks of the year are critical for charitable organizations when it comes to fundraising. The holiday message of giving to others combined with the...
Winter storm season can bring low temperatures, high snowfall, icy conditions, and the hazards that result from extreme winter weather to many areas across the country. As spring gets closer, warmer temperatures bring additional challenges for property owners. It's important for self-storage business owners to make a plan for spring inspections...
Self- storage facilities generally have a list of items in their rental contracts that are prohibited from being stored in rented units. Tenants are prohibited from storing flammable items, hazardous materials, and food, to name just a few. Most of these restrictions are due to the damage that they can cause, such as accidental fires or unwanted...
Winter Temperatures: Know Your Weather Risks In most areas of the country, winter means colder weather. Frigid temperatures, slippery ice, and frozen pipes aren’t the only things to worry about. Hail and wind can cause a lot of damage. Be sure you are aware of these cold weather risks and take steps to prepare for them. Cold weather Cold...
Are Your Clients Aware of Fire Risks? Fires can be a very serious risk for self-storage units. While your clients may be responsible storage tenants, the tenant in the next unit may not be. Self-storage facilities do not provide insurance for your clients' items stored in the rented unit. They need to provide their own insurance coverage to...
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