Los Angeles Chapter of Risk and Insurance Management Society

News Items

Spending Risks Shift as the Pandemic Continues
When Twitter offered permanent work-from-home status to all of its 4,600 employees in response to the COVID-19 pandemic, it did so with a $1,000 stipend per employee to furnish and set up functional home office spaces.

Driver Safety Tips for Fourth of July Trips and Post-COVID Return to Work Commutes
Historically, the Fourth of July holiday weekend has presented some of the most dangerous days for drivers in the United States. Indeed, it may be the country's riskiest holiday of the year. This year, while many may be cancelling their holiday plans and staying home, others may be taking to the roads after months of little travel amid COVID-19 lockdowns.

OSHA Revises Stance on COVID-19 Record-Keeping and Enforcement
The Occupational Safety and Health Administration (OSHA) recently issued two enforcement memos regarding COVID-19. The first of these memos revised OSHA's requirements for employers as they determine whether individual cases of COVID-19 are work-related. The second revised OSHA's policy for handling COVID-19-related complaints, referrals, and severe illness reports. The changes in these revisions include:

Preventing Paycheck Protection Program Loan Scams
The COVID-19 pandemic and subsequent shutdowns have meant perilous times for small businesses across the country, with many shutting down temporarily or even permanently. As part of the U.S. government's efforts to forestall bankruptcies and layoffs, Congress allocated hundreds of billions of dollars for the Paycheck Protection Program (PPP). Small businesses can apply for loans from the U.S. Small Business Association (SBA), which the SBA will forgive if the receiving business meets certain criteria, like "if all of the company's employees are kept on the payroll for eight weeks and the money from the loan is used to pay for rent, mortgage interest, utilities or payroll."

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President's Message

Jeff Stolle
Happy New Year! 2020 looks to be a very interesting year in the insurance market, I hope you prepared for what looks to be a hardening market for a second year. It's been a long time since the last hard market, and this is when Risk Managers can really so their value within their organization. LA RIMS hopesto provide you with education and resources to help you navigate this market, while also providing you some opportunities to let loose and have some fun with the LA Risk Management Community. The purpose of this newsletter is to let our members and supporters know about some of the exciting events coming up throughout the New Year and to tell you more about our Chapter and how you can get involved.

First, I would like to introduce the 2020 LA RIMS Chapter Board Members. Without this group, none of our events would be possible. Being a Board Member requires extra time and commitment outside of everything else they do. They work hard to create and put on the best events for our members. We have a great mix of new faces and grizzled veterans making up our Board.
President:Jeff Stolle, Director, Risk Management, Castle & Cooke, Inc.
Vice President:Scott Ritto, Vice President, Risk Management, Kilroy Realty Corporation
Treasurer:Cristina Montijo, Director, Risk Management and Insurance, Edwards Lifesciences
Secretary:Margaret Fisette, Senior Risk Manager, Big 5 Sporting Goods
Past President:Manny Chavez, Risk Manager, Princess Cruise Lines
Directors:Vincent Monastersky, Vice President, Risk Management, Fox Entertainment
Dennis Healy, Risk Manager, BBSI
Cristian Iglesias, Risk Analyst, The Cheesecake Factory
Christal Warner, Associate Vice President-Commercial, Paul Davis
Jackelyn Ho, Marketing Manager, LegalNet, Inc.
Pat Koscher, Senior Account Manager, HARBRO Emergency & Restoration
Rising Risk
Professionals Chair/
Board Liaison
Mary Daly, Principal, Oliver Wyman
Executive Director
(keeps it all together!)
Amber Ardizone, Executive Management Associates

Other than our new Board members, Jackelyn and Pat, all the Board Members from 2019 have returned to the Board. We believe this continuity only helps enhance the mission of the Board.

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