Calif. wildfires could total $8B in losses, Aon Benfield says | NTSB opens shuttle bus probe after self-driving crash | Tenn. officials consider better coordination of emergency communications
November 14, 2017
Aon Public Sector Advisor: News from Aon's Thought Leaders
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Risk, Insurance, Claims & Safety
Calif. wildfires could total $8B in losses, Aon Benfield says
More than $3.32 billion in claims have been paid out from wildfires in California, with total losses of $8 billion possible, Aon Benfield says. "On aggregated basis, this is the costliest insured wildfire event ever recorded," the company said in a report.
Reinsurance News (11/9),  Canadian Underwriter online (11/9) 
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NTSB opens shuttle bus probe after self-driving crash
The National Transportation Safety Board will visit Las Vegas this week to investigate the cause of a collision between a truck and a self-driving shuttle bus. Authorities deemed the crash to be the truck driver's fault and issued a ticket, but observers say a human driver may have been able to help prevent the collision.
Reuters (11/10) 
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Tenn. officials consider better coordination of emergency communications
Kingsport and Sullivan County in Tennessee may need to discuss how to improve emergency communications after residents near a chemical plant weren't alerted to an explosion until almost two hours after it occurred. Officials say better coordination between the chemical company and the county is necessary to improve response times and emergency advisories.
WCYB-TV/WEMT-TV (Bristol, Va.) (11/3) 
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Employee Benefits
Maine becomes first state to approve Medicaid expansion via referendum
Maine voters approved a ballot measure to expand Medicaid eligibility to more low-income adults under the Affordable Care Act, making it the first state to do so through a referendum. The ballot initiative was reportedly approved by 60% of voters, but Gov. Paul LePage says he will not expand the program until a payment mechanism is found by the state.
Reuters (11/8),  ABC News/The Associated Press (11/8),  The Hill (11/8) 
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Neb. hospital's wellness program reduces employee health risks
Fillmore County Hospital in Geneva, Neb., changed its wellness program from participation-based to outcomes-based and focused on metabolic syndrome screening that gives employees information about their health status and tools to improve it. Wellness coordinator Jenni Hoarty said employees with three or more risk factors are offered a free risk-reversal program, and in the past five years the hospital has reduced the rate of metabolic syndrome among employees by 12%.
Hastings Tribune (Neb.) (11/8) 
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Higher Education
Higher-ed leaders weigh in on GOP tax plan
Higher-ed leaders weigh in on GOP tax plan
(Win McNamee/Getty Images)
Some higher-education leaders have penned letters to members of Congress telling them that proposed tax changes affecting colleges and universities will harm their ability to produce a highly skilled workforce. The proposal would, among other things, tax tuition waivers for graduate students and levy an excise tax on the endowments of large private institutions.
Diverse: Issues In Higher Education (11/6),  Inside Higher Ed (11/7) 
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Survey shows US divided on campus free speech
While nearly 78% of Americans agree that "colleges should never prohibit speech for any reason," the majority also believe that some forms of speech should be restricted, according to a new survey from Bucknell Institute for Public Policy. The majority of Democrats feel speech that is racist, sexist or makes people feel unsafe should be prohibited, while more Republicans oppose speech that teaches "certain offensive or radical ideas."
The Washington Post (tiered subscription model) (11/8) 
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Leadership & Management
Watch out for these 3 unproductive conversations
Not every conversation is worth your time, particularly when the other person isn't trustworthy, wants to do all the talking or has nothing positive to say, writes Marlene Chism. She offers warning signs for each type of conversation and advice on how to prepare for and negate these behaviors.
SmartBrief/Leadership (11/6) 
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News From Aon
Wish you were here? VR, AI and the new world of work
Immersive experiences can re-create almost any environment or workplace, and artificial intelligence can help find the best candidates from thousands of job applicants. With respondents to Aon's 2017 Global Risk Management Survey citing "disruptive technologies/innovation" such as virtual reality and AI as an "emerging risk" -- one predicted to be in the top 10 list of risks in just a few years -- it becomes clearer that forward-thinking about how best to use these technologies is a growing priority for business leaders. How are virtual reality and artificial intelligence helping transform our world of work? Read more
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2017 Aon Risk Maturity Index Insight report uncovers new insights on relationship of risk maturity and financial success
Aon Global Risk Consulting, the risk consulting business of Aon, in collaboration with the Wharton School of the University of Pennsylvania, has released its fifth edition of the Aon Risk Maturity Index Insight Report, or RMI. Report findings reinforce previous RMI research, which reveals a direct relationship between strong risk management practices and superior operating performance for organizations. New this year, the report uncovered a relationship between improved Directors and Officers premiums and risk maturity. Download the report.
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