About Risk Management

How do I control risk in my sport related business? Get the facts about Risk Management. Risk management is an on-going process by which a business or corporate entity attempts to control the programmatic and financial risks in order to reduce costs, enable desirable programming, and provide financial stability.

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26 Jul 2010

This is the second of an 8-part series dealing with insurance myths. We all know that insurance is one of the major risk management tools for any sport, fitness, or recreation business. For many of us, however, insurance is just a big mystery which we entrust to others. After this series you will know many pitfalls and minefields to avoid. Thanks goes to Daniel P. Hale for contributing this series to Sportwaiver.com. The first three segments of the series will focus on property …

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20 Jul 2010

This is the first of an 8-part series dealing with insurance myths. We all know that insurance is one of the major risk management tools for any sport, fitness, or recreation business. For many of us, however, insurance is just a big mystery which we entrust to others. After this series you will know many pitfalls and minefields to avoid. Thanks goes to Daniel P. Hale for contributing this series to Sportwaiver.com. The first three segments of the series will focus on property insurance.

PROPERTY INSURANCE LOSSES
1. 100% …

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17 Jun 2010

Thanks to Reb Gregg for permission to publish this thought provoking treatise on risk management in today’s world. Reb would welcome discussion on the topic and we will be happy to post your comments on this site. Reb would like to know which of these issues, or others, are most significant for your sport, fitness, or recreation operation and why. For more information about Reb (an attorney and recognized expert in risk management), go to our Links to Other Experts.
Risk Management in Today’s World
by Reb Gregg
Listening to recent reports …

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24 May 2010
Weighty Issue

A fitness center injury lawsuit illustrates the importance of a proper risk management plan.
Attorney John Wolohan (jwolohan@ithaca.edu) reports on a fitness center injury lawsuit that illustrates the importance of a proper risk management plan.  John is a professor of sports law and chair of the Sport Management & Media department at Ithaca College. This article was published in Athletic Business in May, 2010.
As any administrator or employee involved in the sports and recreation industry will acknowledge, one of the most important tasks is to control or limit …

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3 May 2010
Expert Witness: Expert Plays Key Role in Judgment

This case discussion is provided by Dr. Leonard K. Lucenko, a sports and recreational facilities safety expert.
Case Facts:
In September 2002, the plaintiff was playing a recreation hockey league game on the Red Rink at the defendant ice hockey facility.  This was the first time the plaintiff had played a league game at this venue.  Management had failed to warn the plaintiff or the other players that the kick plate on this rink was broken and cracked in several areas around the rink.
At the second-period face-off the plaintiff skated after the …

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