Malaysian Airlines Flight 370 Disappearance—Does Your Company Have A Risk Management Policy Pertaining To Employee/Executive Flying Practices?

The disappearance of Malaysian Airlines flight 370 is shocking and while numerous government entities are searching diligently for any evidence of what may have happened, assuredly there will be significant loss. One Bay Area Semiconductor Company had twenty employees on that flight, mostly engineers and other experts who were working to improve efficiencies at their […]

Drive down costs and improve employee health with a strategic Injury and Illness Prevention Program

Workers’ compensation costs are on the rise – despite many states requiring employers to have a written safety program that focuses on preventing accidents and injuries on the job. Injury & Illness Prevention Programs are typically guided by wording issued from the federal and state Occupational Safety & Health Administration (OSHA). OSHA set the following […]

Securities Class Action Lawsuits: A thing of the past?

The Supreme Court of the United States is set to hear Halliburton v. Erica P. John Fund, Inc. this spring with a ruling expected late summer or fall.  If defendants win, federal securities class actions could be eliminated in most circumstances.   This would materially reduce the exposure to directors and officers and insurance carriers providing […]

Product Recall: Is Your Company Covered?

If you are a life science company who manufactures your own products or have your products manufactured by others, you have a Product Recall exposure.  Today, addressing and planning for a product recall is a critical element of risk management.  Recalls can affect a company in two ways; an immediate tangible economic loss to your […]

Health Flexible Spending Accounts: Use-It-or-Lose-It….But Not All of It

Today, the U.S. Department of Treasury and the Internal Revenue Service (IRS)— made an announcement modifying its Health Care FSA “use-it-or-lose-it” provision to allow rollover of unused FSA funds. As a quick background, FSAs allow employees to contribute pre-tax dollars to pay for out-of-pocket healthcare expenses – including deductibles, copayments, and other qualified medical, dental […]