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"Hospitality"
The property/casualty industry is undergoing significant challenges with increased claim severity in liability and physical damage claims. These increases are outpacing inflation and rate adequacy. According to the Insurance Information Institute, in 2009 the average private passenger auto bodily injury claim was $13,891. In 2014, that average grew to $16,640 – an increase of almost 20 percent. The private passenger auto collision loss ratio has risen from 67.7 percent in 2010 to 78.3 percent in 2015 – a 16 percent increase. The loss ratio can be adversely impacted by claim handling, underwriting and rate inadequacy with claim leakage as a primary cause of loss ratio deterioration. Continue reading
OSHA requires workplace injuries to be tracked using special forms. One of the forms is called the OSHA 300A Summary. This form represents the total number of injuries and illnesses reported for the year. Continue reading
For businesses to thrive in today’s economy, finding and retaining the best employees is important. This is especially true for small businesses and nonprofits competing with larger businesses, and larger budgets, for top talent. Continue reading
There are unique careers and jobs here that mirror the cities constant need for change. So much has changed since I arrived to the “city of sin” in 1986 and I think Las Vegas will forever be “re-created.” I have seen more buildings and establishments change owners, be torn down and of course rehabbed. There is no where else in America with the insurance needs that Las Vegas has; it’s one of the reasons I love the insurance industry here. Tourism, Hospitality, Gambling and Night Life all create unique and constantly evolving insurance needs in Las Vegas. Continue reading
Las Vegas is a place where visitors and residents have almost everything at their fingertips, all hours of the day and night. Over the years many things have changed, but the hospitality industry has always been a constant in Las Vegas. Looking back, hospitality also played a huge role in my career. I have had the pleasure of working with several entertainment companies and nightclubs to ensure proper insurance coverage was in place for these facilities. Continue reading
More U.S. companies could be classified as “joint employers” of workers employed by a staffing agency or contractor and held liable for labor violations tied to those staff, the U.S. Labor Department said in guidance published Wednesday.
Joint employment has emerged as a major issue in franchising, contracting, temporary staffing and other arrangements in which companies use workers but do not directly employ them. Continue reading
Southern Nevada saw a record 42.3 million visitors in 2015, according to preliminary statistics issued this week by the Las Vegas Convention and Visitors Authority.
Strong convention attendance figures boosted the total, which were reported Tuesday at the organization’s monthly board of directors meeting. Continue reading
MGM Resorts International will break from a long-standing Las Vegas tradition and begin charging customers to park at the company’s Strip resorts as part of a $90 million strategy to “expand and enhance” the company’s parking infrastructure.
The parking fees will go into effect sometime between April and June the company said in a Friday statement, which also announced plans for a $54-million, 3,000-space parking structure MGM will construct near the northwest corner of the Excalibur. Continue reading
