Risk Solutions Archives - Kapnick Insurance Group

Nov 21

Contingent Liability and Tax Insurance: A Powerful Duo in M&A Deals

By Kapnick Insurance Group From the Experts, Risk Solutions

As a private equity leader, you're no stranger to some of the practical roadblocks that arise in mergers and acquisitions (M&A). These transactions are fraught with potential risks, not least of which are contingent liabilities and tax issues. These two elements, often intertwined, present unique challenges that require specialized risk management strategies. This is where contingent liability and tax insurance come into play. (more…)

Nov 07

Representations & Warranty Insurance Market Update: A Shift Towards a Softer Market

By Kapnick Insurance Group From the Experts, Insurance, Risk Solutions

A GLIMPSE INTO MARKET FLUCTUATIONS Over the past three decades, the Representations and Warranty market has seen its fair share of ups and downs. The good news is that currently, there's a positive shift in the market. (more…)

Sep 05

Navigating Labor Challenges in Manufacturing: A Holistic Approach

By Kapnick Insurance Group Business Insurance, From the Experts, Risk Solutions

The manufacturing sector is facing a significant labor challenge due to an aging workforce, skills gap, and gender disparity. To tackle these issues and ensure long-term sustainability, a holistic approach is necessary. At Kapnick, we understand the importance of addressing labor challenges comprehensively, and we have solutions. (more…)

Aug 21

Strengthening Safety and Mitigating Risks: Solutions Amid Michigan’s Overruling of Open and Obvious Defense in Slip and Fall Litigation

By Kapnick Insurance Group Business Insurance, Legislative Updates, Risk Solutions

In a landmark decision, the Michigan Supreme Court has recently overruled decades of case law regarding the open and obvious defense in slip and fall litigation. This ruling has far-reaching implications for property owners, as it eliminates a commonly used defense strategy. It is crucial for business leaders to understand the implications of this decision and take proactive steps to address the issue. Kapnick can help. (more…)

Aug 08

Implications of Michigan Supreme Court Overruling Open and Obvious

By Kapnick Insurance Group Business Insurance, Risk Solutions

The recent ruling by the Michigan Supreme Court to eliminate the open and obvious defense in premises liability cases has significant implications for property owners. This ruling removes a common defense used to avoid liability, potentially leading to more cases being filed and higher litigation expenses for property owners. To prevent financial losses in premises liability cases, property owners need to take proactive steps and implement effective safety measures. Here's what you need to do: Conduct regular inspections and maintenance checks on all areas of your property, both inside and outside. Proactively identify potential hazards through regular assessments to address…

Jul 28

Navigating the Complex World of D&O Policies with Kapnick: A Case Study

By Kapnick Insurance Group Insurance, Personal Insurance, Risk Solutions, Specialty Risk

Protecting Your Assets with Kapnick's Unique Approach: A Case Study A private client, invited to join a for-profit company board, faced a dilemma. The company's D&O policy didn't offer enough protection, and the client didn't want to risk personal assets. The company couldn't afford to increase their D&O coverage, and the client's personal policy didn't provide enough cover. The stakes were high - private company D&O claims can cost around $700,000 on average. A solution was needed, and quickly. This is where Kapnick shined. The team at Kapnick Risk Services collaborated with private client experts to craft an independent D&O…

Apr 19

The Value of Tracking Employee Training – A Kapnick Case Study

By Kapnick Insurance Group Business Insurance, Case Studies, Risk Solutions

A Kapnick client avoided over $10k in OSHA fines due to having tracked employee training progress prior to an incident. Read our case study to learn how: THE PROBLEM A manufacturing client's employee removed a guard on a piece of line equipment and amputated her finger. She called OSHA to (more…)

Apr 19

Streamline Training & Tracking with Kapnick’s Risk Services Center

By Kapnick Insurance Group Business Insurance, Risk Solutions

Successfully managing the hundreds of potential risks in your organization is essential for long-term growth. Streamlining tracking risks, training employees to prevent them, and finding solutions before they occur is key to avoid worker injuries - and the citations, fines, lawsuits, and workers' (more…)

May 23

The Impact of Employee Benefits on Workers’ Compensation Claims – A Holistic Approach

By Kapnick Insurance Group Employee Benefits, From the Experts, Risk Solutions

Workers’ compensation represents less than 2% of U.S. medical spending, and thus was fundamentally ignored in the 2010 legislation that overhauled the nation’s health care system. Yet, the reform impacts and benefits workers’ compensation programs in two direct ways. (more…)

Aug 18

The Impact of Return To Work Programs – A Kapnick Case Study

By Kapnick Insurance Group Case Studies, Risk Solutions

The following is a case study based on real Kapnick clients about the impact return to work programs have on getting employees back to work safely while minimizing disability and medical costs. THE PROBLEM Workplace injuries have the potential to impact any business or organization, at any time, no matter the industry. (more…)

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