Holiday party liability is top of mind for many companies this holiday season. Advisen recently released a compilation of holiday party-related losses tracked in its loss database. The 3-page paper, which features 12 cases, serves as a guide as well as a warning to companies and organizations that holiday celebrations could potentially turn into losses.
A look into holiday party liability
Who would have known that a public New Year’s Eve celebration could result in the tragic death of 36 people and $4.6 million in losses? What an irony that a pyrotechnic flare that is supposed to usher in a prosperous new year could result in the death of 194 people and injuries of 1,431? Unfortunately, some holiday parties go wrong and losses incurred by companies are oftentimes massive. Advisen compiled 12 holiday party liability cases gathered from its loss database to serve as a guide as well as a warning to organizations that holiday celebrations could potentially turn into losses. Cases featured stem from excessive alcohol consumption, fireworks gone wrong, sexual harassment claims, robbery, active shooter incidents, and many others. These and other cases may be accessed through Advisen’s loss data, which is a structured, relational database, and is mapped to the appropriate company from our database of over 20 million insureds.