Tag: employment practices liability insurance
A Recipe for Success Through a Hard Insurance Market for Hospitality...
The continuing effects of COVID-19 dominated the hospitality industry over the last several years and these challenges have also had a major impact on risk management and insurance. Owners and operators of bars, restaurants, hotels, and associated businesses can become more resilient...
Steps To Avoid Costly Hospitality Employment-Related Lawsuits
From discrimination to wrongful termination, employment practice claims can carry a heavy price tag when businesses fail to have the right risk management procedures and insurance coverage in place. It’s impossible to prevent all lawsuits. However, you can take mitigating steps to reduce your business’ risk...
Voluntary Benefits: The Missing Ingredient in Hospitality Talent Attraction & Retention
Employee retention is a serious issue that employers in the hospitality and food service industry are facing today and as businesses recover from impacts of the pandemic, labor shortages still threaten the progress. According to the Bureau of Labor Statistics, the industry has an annual...
Hospitality Delivery Service: Trends, Opportunities & Challenges
After seeing a substantial uptick in new delivery and carry-out services since the onset of the COVID-19 pandemic, this has been a lifeline for many restaurants to continue serving customers, keep employees working, and perpetuate a revenue stream. As such, the introduction of third-party delivery services...
Hospitality Business Winter Weather Preparedness & Protection
While still dealing with pandemic related challenges, this winter may bring an additional layer of unwelcomed obstacles and losses for the hospitality industry. According to the Insurance Information Institute (III), winter storms caused $1.1 billion in insured losses in 2020. In the first half of 2021, winter storms caused...
LA Bars and Restaurants Deal With SafePassLA Vax Police Mandate
Thousands of Los Angeles businesses are required to ask patrons to show proof of vaccination before entering various types of venues. In response, Canoga Park Grandi Italiani owner Aron Celnik said he was not making even half of what he used to earn before the start of the pandemic and...
A Recipe for Success Through a Hard Insurance Market for Hospitality...
Hospitality has been one of the most impacted industries by the COVID-19 pandemic. In fact, almost four in 10 of all the U.S. jobs lost since last February haven been in the leisure & hospitality industry, according to a 2021 Department of Labor (DOL) national jobs report—triple the number of the...
Employee Benefits Considerations Due to Hospitality Business Downsizing
For many hospitality businesses, downsizing due to impacts of the pandemic, has been unavoidable. In fact, almost four in 10 of all the U.S. jobs lost since February of last year haven been in the leisure & hospitality industry, according to a 2021 Department of Labor national jobs report...
