Navigating the Rise in Sexual Abuse Claims
About this episode
Michelle Levine discusses the rise in sexual abuse claims and how organizations can protect themselves from the associated risks.
Sexual abuse and molestation claims have skyrocketed in recent years, creating significant financial and reputational risks for organizations across various sectors. The numbers are staggering – $651 million in settlements in 2023 alone, with each settlement exceeding $1 million. What's driving this dramatic increase, and how can organizations protect themselves? Michelle Levine, SVP with CRC San Francisco, pulls back the curtain on this critical issue. The traditional assumption that general...
Topics covered
- sexual abuse claims
- financial risks
- reputational risks
- organizational protection
Keywords
- settlements
- financial impact
- risk management
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