Top 10 Best Practices for Leave Management and Administration
This RIMS 2015 session examined the best path to compliant, integrated leave management programs. Speakers included Terri Rhodes, Executive Director at Disability Management Employers’ Coalition (DMEC) and Karen English, Partner at Spring Consulting Group, LLC. The environment for leave management has become increasingly complex. Regulations, including the Family Medical Leave Act (FMLA) and Americans with Disabilities Act Amendments Act (ADAAA), and employee awareness of their rights leave you trying to not only integrate new rulings into disability and workers’ compensation programs, but also make sure corporate policy and day-to-day interpretations match. The presenters offered the following best practices to
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Workplace Violence: It’s About You, Your Management and Your People
In this RIMS 2015 session, Bo Mitchell, President at 911 Consulting addressed how to define and identify workplace violence and how to prepare for it if it occurs. Daily workplace violence (WPV) is occurring every day. In fact, the U.S. Department of Justice reports 2 million instances every year at U.S. employers, which is a likely underreported number. This does not only include active shooter, but rapes, robberies and aggravated assaults – both verbal and physical, sabotage and workplace bullying. It also includes intimate partner violence and stalking from the significant other of an employee. Separate the Facts from
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RIMS 2015 in New Orleans
Next week Confernce Chronicles will be joining the risk management community at RIMS 2015 in New Orleans. We will be blogging from a variety of sessions during the event so watch this space for updates. For more information on the RIMS conference see the link below: https://www.rims.org/RIMS15/Pages/default.aspx
Kids’ Chance of America 2015 Annual Meeting
This week Conference Chronicles is attending and Tweeting from the Kids’ Chance of America 2015 Annual Meeting in Takoma, WA. Kids’ Chance of America (KCOA), a non-profit charity providing scholarship support to children of seriously or fatally injured workers, announced its new partner, Since 1988, Kids’ Chance has provided scholarships to children where a parent has been seriously injured or killed in a work related accident. Today, there are twenty-nine state organizations across the United States who have awarded more than 3000 scholarships totaling over $8,900,000. History Robert Clyatt, a workers’ compensation attorney from Valdosta, Georgia, founded the first Kids’
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Cyber Hackers are Everywhere. Are you Prepared?
At the 2015 Philly I-Day, a panel presented an engaging session designed to educate underwriters, brokers, claims adjusters and risk managers about the risks and challenges of cyber attacks. The panel consisted of: David Shannon, Esq., Co-Chair, Privacy & Data Security Practice Group, Marshall Dennehey Warner Coleman & Goggin Mark Greisiger, President, NetDiligence Matthew Prevost, RPLU, Vice President, Professional Risk, ACE USA Moderator: John Dempsey, CPA, CFE, Managing Director, Aon Global Risk Consulting Your data is everywhere. It can be accessed through servers, multiple databases, physical transport, remote users, laptops, backup storage facilities, service providers, vendors, off-shore operations and credit card processors.
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Analytics: Insurance as a Hedge for Corporate Financial Performance
At the 2015 Philly I-Day, Phillip Ellis, Chief Executive Officer, Global Solutions Consulting at Willis Group and James Coyle from Willis Group presented on how to convince your CFO or Treasurer that your insurance program is good value. The answer? Analytics. The session began with focusing on why analytics are important to corporate risk executives. The presenters offered three primary reasons: To ensure that your risk financing strategies are optimally protecting your corporate financial objectives. To save money by optimizing insurance purchasing and leveling the playing field with insurers. To provide an audit trail demonstrating objective decision making. Risk managers use
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Philly I-Day Executive Panel
The opening session at Philly I-Day featured an Executive Panel discussing a wide variety of insurance industry concerns. The panel consisted of: Dr. Robert Hartwig, CPCU, President, Insurance Information Institute Patricia Henry, Executive Vice President, Global Government Affairs Officer, ACE Group Michael L. Liebowitz, Senior Director of Enterprise Risk Management and Insurance, New York University Robert S. Schimek, Vice President and Chief Executive Officer of the Americas, AIG Moderator: Roger C. Fell, ARM, CPCU, Managing Director, Marsh USA The session started with Dr. Hartwig discussing property/casualty insurance market challenges, opportunities and disruptors. The highlights of his presentation included: 2014 was
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Philly I-Day
This week Conference Chronicles will be attending Philly I-Day in Philadelphia, PA where we will be reporting from sessions covering a wide variety of risk management topics. For more details about this event please view their web site https://phillyiday.com
A View from the Top – Top casualty execs give their views on a variety of issues
The closing session at the 2015 Advisen Casualty Insights Conference was the executive panel consisting of Tony DeFelice – AON (moderator), Mark Butler – Liberty Mutual, John Doyle – AIG, Chris Maleno – ACE, Andrew Marcell – Guy Carpenter, and Glenn Spencer – Lockton. This session was a question/answer format. Question: What is driving reserve releases in the casualty industry? Answer: Carriers have been more disciplined in their pricing the last few years which has boosted surpluses. Question: The fed is poised to raise interest rates. Since inadequate interest rates have been a factor in the need for increased premiums
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Looking at Cyber Insurance From Every Angle
At the 2015 Advisen Casualty Insights conference, a panel discussed cyber insurance in the casualty insurance industry. The panel consisted of Joe Cellura from Allied World, Ron Beiderman from ISO, Jerry Gallivan from Travelers, Josh Gold from the law firm Anderson Kill, and Michael Tanenbaum from ACE. In numerous surveys, risk managers have ranked cyber risk as their top concern. Cyber claims take many forms, including online data breaches and the loss of a laptop or thumb drive. The panel stressed that, as an industry, we need to develop a common language when we talk about this issue to avoid
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