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Home   Membership   Education   Events   Resources   External Affairs      September 04, 2014


September is National Preparedness Month — Are employees prepared for the worst?
According to FEMA, 40 percent of businesses never reopen following a major disaster. September is National Preparedness Month, so schedule an all-hands safety meeting to review the essentials of emergency preparedness. This year's theme is "Be Disaster Aware, Take Action to Prepare."
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Risk managers, CFOs more involved in stop-loss programs
Corporate finance departments are more likely to be involved with decisions surrounding stop-loss insurance coverage due to the rise in the number of catastrophic claims, according to a new survey of 244 self-funded employers. The survey by Aegis Risk found that 19 percent of corporate risk management departments were involved in stop-loss insurance coverage decisions last year, up from 12 percent in 2012.
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Pitfalls in logistics partnerships
By Ken Ackerman
Four decades have passed since a logistics magazine published an article about how the relationship between the public warehouse operator and the customer should be one of partnerships. In the next issue of the magazine, a letter to the editor contained an angry response for the author, a logistics service provider. The writer of the letter was a manufacturing executive who was also former editor of the magazine. His attack ended with these words: "The public warehouseman is no more in partnership with his customer than a corpse is in partnership with the mortician." Have we made any progress in the last 40 years?
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  Experienced Insurance Counsel
MMM is a full service law firm with a strong national presence in insurance, corporate and regulatory matters. Our attorneys are experienced in all matters related to the industry from the creation of insurance companies and captives to liquidation of entities. We also represent an array of insurers/reinsurers in complex litigation and arbitration matters.

5 best cities for avoiding natural disasters
With Northern California recently suffering its worst earthquake in 25 years and the Atlantic hurricane season approaching its peak period, you're probably wondering where it's safe to live — and here are five great options. "If you're extremely risk-averse, one of these places may be right for you," says Daren Blomquist of market watcher RealtyTrac, which recently named the best U.S. communities for avoiding natural disasters.
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Compliance and risk: Clearing the org chart hurdle
There seems little doubt that the external risk and compliance environment faced by multinational companies is becoming more complex by the day. The headlines are full of potentially catastrophic geopolitical developments, from the rise of ISIS in Iraq, the Ebola epidemic in West Africa, the deteriorating relationships between Russia and the West over Ukraine and the horrors of events in Gaza.
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Managing brands through effective supply chain management
From banners to jerseys, flags to face paint, the World Cup illustrated just how important a brand is for firing up fans. As brands come to mean more to everyday consumers, so, too, do the processes — from procurement to distribution — needed to fulfill a brand's promise.
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Balancing Care and Costs
[CorVel Corporation]    Share   
As the constant evolution of the healthcare industry continues to drive new solutions to address age-old challenges, the ultimate goals remain the same – reduce employers’ impact of claims and deliver improved care to injured workers to enhance their quality of life at work and at home.

A return to case management, the root of workers’ compensation, offers unparalleled – and often unrealized – results when adapted to claims management. Executing case management services at the right time during the claims process, combined with information and real-time technology to combat delays, can increase efficiency across the healthcare management process and lead to better outcomes for all parties involved.
Promoted by [CorVel Corporation]

Workplace stress linked to lower productivity
Employee Benefits
Employees who suffer from high stress levels in the workplace are less engaged, not as productive and have higher absence rates than those operating under lower stress, according to research by consultancy Towers Watson. Its Global benefits attitudes survey found that only 10 percent of staff with low stress levels are disengaged,while 57 percent of those with high stress levels felt a disconnect with their employer.
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3 reasons congress should renew TRIA
Insurance Journal
U.S. insurance markets, like the rest of the nation, were caught off guard by the 9/11 terrorist attacks. Loss of life and property led to an estimated $32.5 billion dollars in insured losses, the largest amount ever to that point. Following that, terrorism risk insurance became either extremely expensive or unavailable. Congress responded by passing the Terrorism Risk Insurance Act in 2002.
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Missed last week's issue? See which articles your colleagues read most.

    CIPS Risk Index: Global supply chain risk at 18-month low (Supply Management)
First wellness program firing suit filed by US agency (Bloomberg)
Spike in risk management contractor demand (Brookson)

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Colby Horton, Vice President of Publishing, 469.420.2601
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Bianca Gibson, Executive Editor, 469.420.2611 
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