HotelPro

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Industry Survey Puts the Spotlight on Hotel Security Risks

An insurance industry survey on hotel security by Advisen, a firm providing insight into underwriting, marketing and purchasing commercial insurance, highlights several important findings. The survey respondents included Chief Risk Managers/Head of Risk Management Departments (63%), the head of Hotel Security/Loss Prevention (25%), member of Risk Management Department (6%) and Environmental Health and Safety staff [...]

Hotel Risk Management: Bracing for Data Breaches

In the past, we’ve discussed the fact that increasingly more companies are stepping up their efforts to stem cyber attacks and data breaches with preventative measures. Additionally, large and small organizations are realizing the need for Cyber Liability insurance to help protect company assets in the event of a breach. In fact, many in the [...]

Construction Spending Up for Hotels, Other Key Industries

In October we wrote about how commercial lending is up for real estate projects. Now, just recently released figures show construction spending for the U.S. hotel market is way up. According to U.S. Census Bureau data, spending in the hotel industry through July was up nearly 30% to $15.2 billion. Furthermore, architecture firms are also [...]

Cyber Risks, Data Breaches on the Rise; More Purchasing Insurance to Cover Exposure

Whether it’s a large corporation, a government agency, or small business, news of cyber security risks today is an everyday occurrence. Recently, the New York Times website was maliciously attacked by a group known as the “Syrian Electronic Army”, and although this isn’t what most companies have to worry about, it is a new twist [...]

The Risky and Complex Landscape of Employment-Related Exposures

The number of charges filed by employees with the Equal Employment Opportunity Commission (EEOC) is near an all-time high, with lawsuits brought by employees representing one of the most common types of litigation faced by employers of all sizes. The number of charges filed with EEOC grew sharply from about 75,000 in 2005 to almost [...]