Earlier today, the Federation Employment and Guidance Service Inc., one of the country’s largest social service agencies said it is closing its doors permanently. After 80 years of providing services for the sick, disabled and elderly, FEGS could not recover after suffering losses of $19.4 million last year. As recent
The Boy Scouts of America settled a sex abuse case yesterday involving a California man who was molested by his troop leader back in 2007. The settlement decision came after only three days of trial on the basis that the Boy Scouts failed to provide adequate training of leaders and
In November 2013, Minnesota lawmakers opened a three-year window, through May 2016, for older victims to bring claims forward. There are currently close to two dozen claims to be filed against the diocese and no way of knowing how many more will come forward by Spring of next year. As
Our Risk Management Summit with Biedermann Hoenig Semprevivo, P.C. on Friday January 9th at Molloy College was a great success. Non profit employers and educators came from all over the region to participate in an interactive forum and discuss the risks that have the greatest impact on their facilities and institutions. Crisis Management
Does your organization have a disaster preparedness plan? Last August, we at Waldorf Risk Solutions had to execute our disaster preparedness plan, and it wasn’t a drill. On a beautiful Saturday evening in late summer 2014, a fire spread through our offices destroying the entire premises. Our clients never knew it happened, With a
The Terrorism Risk Insurance Act (TRIA) that recently expired on December 31, 2014, has just been reinstated yesterday by congress in a 93-4 vote to extend the bill through the year 2020 . TRIA, which was created shortly after the terrorist attacks of 9/11, provides a federal insurance backstop in the event
On Friday, 9 January 2015, Waldorf Risk Solutions, LLC and Biedermann-Hoenig-Semprevivo Law Firm will co-host a summit to discuss risk management and the legal challenges facing non-profit employers and educators. The summit will run from 10:30 a.m.-3:00p.m. in the Public Square Larini Room of Molloy College in Rockville Center, NY.