Supporting Employee Mental Health in a Remote World

Mental health goes far beyond treating mental illness. Mental health includes a person’s thoughts, feelings, and behaviors as well as their emotional and social well-being. Additionally, mental wellbeing is dynamic, meaning it is influenced by factors such as their workload, stress, and work-life balance. Because of this, employers must consider strategies that are intended to …

Watch Out for These Signs of Social Engineering Fraud

Phishing is probably one of the most common and well-known social engineering fraud schemes today. Social engineering fraud refers to scams that rely on psychological manipulation to convince the victims. Google is reportedly blocking 18 million coronavirus scam emails every day and registered a record 2 million phishing websites in 2020. Even though phishing attacks …

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Employee Theft Statistics for 2021 and Beyond

Employees are one of your organization's most valuable assets. However, their dishonesty can be costly. Everything from scrolling social media during a meeting to sharing confidential documents with an outside source can be considered workplace theft. While some cases are more serious than others, if you are leading an organization, it's important to stay up …

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The Toll of Social Inflation on the Insurance Industry

Social inflation is one of the latest buzzwords in insurance. It is used by insurers to describe the rising costs of insurance claims resulting from things like increasing litigation, broader definitions of liability, more plaintiff-friendly legal decisions, and larger compensatory jury awards. While the key components driving social inflation have been evident for some time, …

Commercial Insurance Rates Forecast for 2021

Between natural catastrophes, COVID-19, and other market pressures, the property and casualty insurance industry was tested in extraordinary ways last year. According to a market outlook report in June 2020, the industry was just beginning to see the pandemic’s effects across the market place with rate increases, capacity reduction and tighter underwriting across all lines. …

Common Insurance Obstacles Nonprofits Face

The nature and business goals of nonprofit organizations are unique; therefore, their insurance coverage must be too. Nonprofits employ income-reliant individuals while also facing obstacles such as donor retention, stewardship, and volunteer liability all while championing for a worthy cause. And with different organizational goals also comes different requirements for insurance coverage. In order to …

Five COVID-19 related policies and procedures your nonprofit should have in place

Crisis management is difficult even under normal circumstances, and with an on-going health crisis, it is even more difficult to predict what policies and procedures your nonprofit should have in place. If we have learned anything from the COVID-19 pandemic, it is that preparedness and resiliency against known risks and threats are essential, no matter …

4th Quarter Newsletter ~ Happy Holidays from Hawley & Associates