Modern Restaurant Management

AUGUST 31, 2021

With the laundry list of everything bar and restaurant owners need to handle on a daily basis, proper insurance coverage should be top priority. With the guidance of a skilled agent that is well educated in the hospitality industry, bar and restaurant owners should be able to let the experts lead the way.

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Bar Insurance Employee Relations Certification 482

Modern Restaurant Management

NOVEMBER 11, 2019

It is important for restaurant, tavern and bar owners to have the right insurance, however, there are so many different types of policies, and even when you zero in on what is needed, the options are often complex and difficult to compare. You are in the hospitality business. Non-Admitted Insurance. Non-Admitted Insurance.

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Modern Restaurant Management

APRIL 21, 2020

The hospitality industry is no exception and it appears as if there are both good times and bad times ahead. In the short run, COVID-19 has taken a significant bite out of the hospitality industry, but there does appear to be some light at the end of the tunnel.

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Hospitality Hotels Travel Document 513

Modern Restaurant Management

DECEMBER 23, 2021

While businesses in the hospitality industry provide a fun and relaxed atmosphere for clientele to briefly escape their everyday routines, it’s also their responsibility to keep their patrons safe. Shockingly, the average cost of a bar fight claim is $109,678.25 (based on Society Insurance information). 31 and beyond.

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Insurance Restaurant Law Point of Sale Training 531

Modern Restaurant Management

JULY 28, 2020

Consider PPP loan insurance to cover damages, legal fees and fines if the SBA determines that your business was ineligible for the loan. Restaurants and other hospitality businesses took in more than $42 billion in U.S. ” Get to Know PPP Loan Insurance. percent of total distributed loans.

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Insurance Certification Audits Small Business 404

Modern Restaurant Management

DECEMBER 16, 2021

This is why next year, operators will offer more benefits like hiring incentives, higher hourly wages, health insurance, paid time off, earned wage access (EWA) and more to not only hire fresh labor, but retain top talent. It isn’t unemployment benefits giving employees pause: it’s underappreciation.

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2022 Hospitality Loyalty Program Point of Sale 473

Modern Restaurant Management

OCTOBER 19, 2023

What may be overlooked within it are risk and insurance issues. Many franchisors have dedicated staff in charge of maintaining the FDD, although tech solutions are increasingly available, offering efficient, integrated and customizable tools for managing insurance and compliance requirements. And there’s a lot of value to that.

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Insurance Franchise Franchising Document 251

Modern Restaurant Management

JUNE 14, 2022

Since that publication, there’s even more disturbing news: a recent Wall Street Journal article noted that due to the high cost of labor, hospitals are considering significant cost increases—even considering breaking current PPO contracts.

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Insurance 2022 2023 Article 457

Modern Restaurant Management

JULY 16, 2021

In this changing environment, the right and adequate amount of insurance protection has never been more important. There’s a price for the unrelenting barrage of natural disasters, and it’s making excess liability insurance hard to find above standard liability limits.

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Management Management Insurance Kitchen Safety 474

Modern Restaurant Management

JULY 14, 2023

Restaurant insurance is complicated. Just as owners have to play many roles in management, marketing, and menus, their insurance has to protect their finances, patrons, and employees. And who has the time to read a 100-page insurance policy? These are often excluded from standard policies and be potentially costly.

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Insurance Food Safety Employee Relations Small Business 221

Hospitality Insurance Group

MAY 2, 2025

Please tell me a little bit about your background/experience, and how you chose to work in the insurance industry. After studying at the University of Massachusetts in Amherst, I began my insurance career as a processor for a Worcester-based carrier, where I quickly advanced into an underwriting role.

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Management Management Insurance Leadership 148

Modern Restaurant Management

MARCH 9, 2023

Though businesses in the hospitality industry provide a fun and relaxed atmosphere for clientele to briefly escape their everyday routines, it’s also their responsibility to keep their patrons safe. This information does not amend, modify or supplement any insurance policy. Patrick’s Day and year-round.

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Bar Insurance Restaurant Law Point of Sale 450

Modern Restaurant Management

JANUARY 2, 2024

. – Jay Fiske, President, Powerhouse Dynamics The Future is here – Robots will become a larger part of society In 2024, I anticipate an increase in the number of robots deployed in the hospitality industry, especially in terms of cleaning, cooking and security robots. The hospitality industry suffers the most from labor shortages.

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2024 Fast Casual Food Safety Insurance 493

Modern Restaurant Management

MARCH 11, 2025

The past five years have reinforced the critical intersection of digital and hospitality in the restaurant industry. Digital not only powers seamless experiences but also unlocks guest data that can elevate hospitality across all touchpoints, both digital and in-person. It wasn’t just about survival; it was about reinvention.

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Front of House Loyalty Program Recruiting Customer Experience 221

Modern Restaurant Management

SEPTEMBER 6, 2022

While businesses in the hospitality industry provide a fun and relaxed atmosphere for clientele to briefly escape their everyday routines, it’s also their responsibility to keep their patrons safe. Shockingly, the average cost of a bar fight claim is $109,678.25 (based on Society Insurance information).

Bar 450

Bar Insurance Restaurant Law Point of Sale 450

Modern Restaurant Management

FEBRUARY 24, 2022

The hospitality industry took a massive hit in the height of the pandemic; while certainly not the only segment of our economy that got a smackdown, it seems the punches are never-ending. Companies within the hospitality zone cannot fix the core issue, which is a gross lack of workers wanting jobs in our industry.

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Hiring Guest Recovery Insurance Hotels 493

Modern Restaurant Management

MARCH 18, 2020

” The Association proposed three separate categories of protection for industry restaurants and employees: directed/targeted financial relief; loans/insurance options for impacted small businesses; and tax measures. Loans/Insurance Options for Impacted Small Businesses. Federal Loan Program Equal to Lost Revenue.

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Insurance Employee Relations 2002 2001 432

Modern Restaurant Management

DECEMBER 21, 2023

In the hospitality industry, the last thing you want is a phone call from the alarm company at an early morning hour about a fire, break-in or other disaster at your business. Society Insurance bears no responsibility for the accuracy or content of linked or cited material. Picture this – it’s 5 a.m.

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2024 Kitchen Safety Cash Management Insurance 474

Modern Restaurant Management

SEPTEMBER 21, 2021

This is the appropriate strategy for a smaller operator with a single restaurant or with a limited number of restaurants that has to be fully insured. In addition, a hospitality company needs to understand how their carrier partner can assist with growth. The brokerage approach focuses on a simple analysis of per unit cost.

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Insurance Design Magazine Pricing 447

Modern Restaurant Management

MARCH 16, 2020

." Steven Hall, president of Hall PR and co-founder of the campaign, added, "This is a tremendous opportunity for the community to show their love and support for the hospitality industry and to ensure the future of their favorite restaurants, not to mention the many people who may be forced out of work. and Canada.

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Food Safety Kitchen Safety Small Business Employee Relations 585

Culinary Cues

MARCH 19, 2020

Keep in mind that everything will change as we eventually claw our way out of this crisis. Set aside the need to focus on degrees and push for training in fields that will need a better-prepared workforce in the coming few years. [] There are, and there will be even more Americans who are nutritionally disadvantaged.

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Insurance Government Training Small Business 513

Modern Restaurant Management

MAY 18, 2022

In 2021, smaller plans that are often fully insured (fewer than 500 participants) saw a 9.6-percent Voluntary supplemental insurance plans, accident, critical illness, and hospital indemnity for example, remain popular in the restaurant sector. With the rise in the general inflation rate, will it be this low? This compared to 5.0

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Insurance 2022 2023 Technology 531

Culinary Cues

SEPTEMBER 30, 2024

During an election year there is always a focus on what both parties call: “kitchen table issues” – the cost of groceries, mortgage, insurance, child-care, energy, and education, and how much is left for disposable income to be spent on the things we would like to do vs. what we have to do. This is not a place where restaurants want to live.

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Pricing Marketing Insurance Seasonal Menu 415

Modern Restaurant Management

MARCH 13, 2020

The hospitality business is particularly hit hard by the war for talent and the turnover is pretty high and difficult to manage. If providing health insurance is not in your budget, what if you were able to give them access to high-quality, truly affordable healthcare? Click here to learn about hospitality-specific programs.

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Healthcare Consumer Goods Insurance Small Business 460

Modern Restaurant Management

JULY 1, 2020

shows that consumers feel safer when hotels and restaurants raise their cleaning protocols to include hospital-grade disinfectants and third-party audits. Hotel guests said they feel “extremely safe” knowing a hotel room is cleaned with hospital-grade disinfectants compared to leading consumer brands1.

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2020 Travel Food Safety Consumer Goods 450

Modern Restaurant Management

NOVEMBER 16, 2023

Lack of health insurance isn’t considered one of the major reasons the hospitality industry has, according to the U.S. One of the major ways to invest in employees is through health insurance, something only about 30 percent of restaurants provide. Bureau of Labor Statistics, a churn rate north of 70 percent.

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Insurance Employee Relations Reference Small Business 309

Modern Restaurant Management

DECEMBER 27, 2023

Another growing risk: nuclear verdicts over dram shop law violations, driving up the costs of liquor liability insurance. It’s a continuing problem into 2024 for establishments that serve, making it critical to have adequate liquor liability insurance. Here’s an overview. But it’s hard to get and very costly.

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2024 Insurance Recruiting Restaurant Law 294

Modern Restaurant Management

JUNE 14, 2024

Team members are seeking more of the benefits typically associated with 9-5 jobs, like health insurance, paid sick days, vacation and retirement accounts. Employees in hospitality aren't just stopping by; many are looking for long-term careers with growth opportunities. "Our

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Insurance Magazine Training Management 414

Modern Restaurant Management

MARCH 31, 2022

Nair, a partner at Ervin Cohen & Jessup LLP compiles recent legal news affecting the restaurant, food and beverage and hospitality industries for Modern Restaurant Management (MRM) magazine. Recent opinions in favor of insurance companies include a March 16, 2022 unpublished Ninth Circuit pane opinion in Steven Baker v. Litigation.

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2022 Restaurant Law Tip Distribution Insurance 474

Modern Restaurant Management

MAY 17, 2024

According to Culinary Hospitality Outreach Wellness, 63 percent of hospitality workers suffer from depression, 84 percent feel stress from their jobs and 65 percent report using substances at work. This means that it: Requires inpatient care or an overnight stay at hospitals or other treatment facilities.

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Employee Relations Insurance Healthcare Restaurant Law 448

Hospitality Insurance Group

JANUARY 6, 2021

Hospitality Insurance Group is launching a new program that will give bars, restaurants, and any other eligible liquor liability policyholders more flexibility in how they pay their insurance premiums. said Sandra Haley, Senior Vice President of Underwriting and Marketing at Hospitality Insurance Group.

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Insurance Hospitality Cash Management Bar 114

Modern Restaurant Management

MARCH 10, 2020

Additional research by Perkbox , an organisation that focuses on employee satisfaction, found that 64 percent of hospitality workplaces don’t offer any solutions to alleviate feelings of stress. A lot of young transitional workers are in the catering industry, so there aren’t many benefits such as health insurance.

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Catering Insurance Small Business Sourcing 404

Modern Restaurant Management

NOVEMBER 8, 2022

Workers’ compensation data shows an uptick in the number of new employees injured on the job, especially in the hospitality and food service industries. New Employees Have More On-the-Job Injuries.

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Management Management Food Safety Hiring 504

Modern Restaurant Management

FEBRUARY 26, 2021

Maneet Chauhan, James Beard award-winning chef, TV, co-founder of Morph Hospitality Group and author of Chaat, said restaurants need to make sure employee’s mental health and safety is top of mind. I think that anyone that explores those things, gains a lot of clarity of their past and gives them tools to grow in the future.”

Employee Relations 450

Employee Relations Healthcare Communication Insurance 450

Modern Restaurant Management

JULY 6, 2020

Here are six areas that often create risks for restaurants and others in the food and hospitality industry: Onboarding New Employees : You may know employers are required to verify new employees’ identity and employment authorization, but federal law imposes strict requirements for doing so, and documenting compliance can be tricky.

Restaurant Law 482

Restaurant Law Document Insurance Hiring 482

Modern Restaurant Management

AUGUST 31, 2020

Nair, a partner at Ervin Cohen & Jessup LLP compiles recent legal news affecting the restaurant, food and beverage and hospitality industries for Modern Restaurant Management (MRM) magazine. Litigation. Legislation.

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2020 Restaurant Law Agriculture Compost 412

Modern Restaurant Management

FEBRUARY 25, 2021

The past year has been a challenge for small businesses and no industry has been impacted quite like small hospitality operations. Restaurants have been flexible, nimble and downright creative to keep the doors open during the pandemic. Yet, as we settle into one new norm, in many parts of the country spring severe weather now looms.

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Equipment Small Business Outdoor Insurance 492