Houston-area officials said during a House Homeland Security Committee hearing last week that they did not receive Army Corps of Engineers forecasts and other information about reservoir-flooding risks ahead of Hurricane Harvey in August. During the hearing, Col. Lars Zetterstrom of the Corps of Engineers said local officials received the information the day Harvey reached land and as the storm's effects on Texas continued.
More than 1,000 cybersecurity professionals participated last week in "Cyber Storm VI," a war-gaming event. Players from federal, state and local agencies gathered to simulate the discovery and response to large-scale cyberattacks.
Three weather-related disasters in the US have resulted in $1 billion or more apiece in damage and costs, according to the National Centers for Environmental Information. Those events were two nor'easters on the East Coast and a tornado outbreak in the South, totaling half the yearly average for such $1 billion disasters.
The Centers for Medicare & Medicaid Services has issued a final rule that will allow states to determine essential health benefits covered by plans sold on Affordable Care Act exchanges beginning in 2020. The rule also allows states to propose changes to the medical loss ratio while relaxing MLR reporting requirements for insurers, eliminates standardized plan options for 2019 and raises the threshold for premium increases requiring state review from 10% to 15%.
State-run pension plans had $2.6 trillion in assets and $4 trillion in current liabilities as of 2016, according to a report from the Pew Charitable Trusts. The $1.4 trillion funding gap is the highest ever recorded, according to the report.
Michigan lawmakers are considering a measure that would withhold 10% of operational funding for state colleges and universities that fail to comply with new Title IX requirements on sexual assault cases. The proposed budget restrictions come on the heels of a sexual assault scandal at Michigan State University.
A new survey from the American Council on Education found that 82% of college and university presidents said promoting inclusion was "extremely important" while 96% said they wanted students to hear a variety of viewpoints on campus. However, 70% of presidents say they're "somewhat" or "very concerned" that disputes over issues of free speech and inclusion could spark campus violence.
Increased demands on teams sometimes move members to retreat into self-preservation mode, so consider team-building activities to improve trust and communication, writes Naphtali Hoff. Cohesive teams won't happen until leadership studies each individual's strengths and provides training where required, so they will succeed as individuals and collectively, he writes.
An increasingly connected world has brought new business opportunities, increased efficiency and consumer convenience. But it has also increased risk. 2017 saw many organizations suffer significant financial damage as a result of cyberattacks. As these attacks affect all areas of operation, cybersecurity is no longer simply an IT issue. How should the C-suite be preparing for cyberthreats? Read more.
Political violence risks are rising globally because of geopolitical tensions, a weakening of liberal democratic governance and the repercussive effects of chronic conflicts around the globe. For the third successive year, more country risk ratings have increased (17) than decreased (six). Aon's Risk Maps provide comprehensive insights into some of the most challenging risks facing firms operating worldwide, acting as an invaluable barometer for those seeking to understand and respond to the risks they face internationally. How do these findings affect your firm? Learn more.
Solidarity among men has one of its strongest foundations in the experience of sharing one's own suffering with the suffering of all.
Erich Fromm, social psychologist
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