By Anita Byer Indemnification agreements are commonly used in business transactions to allocate risk. Risk allocation involves identifying who is responsible for what and for how much. In some cases, a contract requires one party to assume the liability of another party. These risk transfers are...
Anita Byer Generative Artificial Intelligence (GAI) is a type of artificial intelligence that creates new content (text, images, audio, video) in response to basic user prompts. Many organizations are now exploring ways to leverage this transformative technology to advance operational and business objectives. But despite its...
Anita Byer The holiday travel season is officially underway. In the coming weeks, tens of millions of people will be gathering at airports, train stations, baggage claims, car rental counters, and toll booths across the land hoping that their best laid plans will endure the chaos...
Anita Byer The One Big Beautiful Bill Act (H.R. 1) is likely to have significant impact on those operating in industries that customarily and regularly involve tipping. The bill’s “no tax on tips” section adds a temporary, retroactive federal income tax deduction for “qualified tips” to...
Anita Byer Businesses are adopting artificial intelligence at a staggering pace and using AI in more business functions than ever before. According to a McKinsey and Company survey, after years of minimal change, the organizational use of AI has accelerated significantly, from 33 percent in 2023...
By Anita Byer July 4th fireworks have become a beloved tradition, so it is easy to temporarily forget that blowing stuff up can be dangerous. According to the Consumer Product Safety Commission (CPSC), eleven people were killed and nearly 15,000 people were injured by fireworks last...
By Anita Byer Businesses often struggle to recover after a property loss because the physical damage to their property causes an interruption of business operations. Depending on the severity of the damage, a business may be forced to shut down for weeks, possibly months. Though revenue...
The federal Volunteer Protection Act (VPA) was enacted to protect volunteers from liability if they cause harm to another while working on behalf of a nonprofit organization. Many nonprofit organizations that rely on volunteers believe that the protections afforded by the VPA extend to the...
When purchasing workers' compensation insurance, employers must consider all states where an employee could be entitled to file a claim. Failing to do so can create significant gaps in coverage, leaving businesses exposed to liability and payment obligations. The risk of such gaps is particularly high...
An active shooter is defined as an individual actively engaged in killing or attempting to kill people in a confined and populated area. There were over 500 mass shootings events in the United States last year, according to the Gun Violence Archive (GVA), We have...