NYC council speaker wants transit-agency control changed | More rain and snow add to Mississippi River flooding concerns | Survey: 52% of employees lack knowledge of wellness programs
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April 23, 2013
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Risk, Insurance, Claims & Safety
Aon report: Risk-preparedness level dropped in 2012
Organizations had reduced preparedness last year for the biggest risks they faced globally, according to an Aon Risk Solutions survey. Their readiness for economic, regulatory and other risks dropped to an average of 59% in 2012, down from 66% in 2011, the survey found. "One possible explanation of the decline in risk readiness could be that the prolonged economic recovery has strained organizations' resources, thus hampering the abilities to mitigate many of these risks," Stephen Cross of Aon Global Risk Consulting said in a statement. CanadianUnderwriter.ca (4/22)
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NYC council speaker wants transit-agency control changed
New York City Council Speaker Christine Quinn is pushing for city control of the Metropolitan Transportation Authority. The agency is run by the state, but Quinn says 90% of the 1.8 billion people who use the MTA system every year are in New York City. "And the vast majority of the dollars that fund that system come from the five boroughs -- through fares, tolls and taxes," she said. "But right now, New Yorkers have little say in how that system is run." Newsday (Long Island, N.Y.) (subscription required) (4/11)
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More rain and snow add to Mississippi River flooding concerns
The Mississippi River has hit or approached crest levels in many areas recently, and some communities face a growing flood risk as rain and snow is in the forecast this week. Flooding affected parts of the Michigan State University campus, and some levees in Indiana failed. FoxNews.com/The Associated Press (4/22)
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Workplace & Retirement
Survey: 52% of employees lack knowledge of wellness programs
A survey found that 52% of workers whose employers provide wellness programs admit having only some knowledge of the program, or none at all. The Colonial Life & Accident Insurance report found the lack of knowledge to be greatest for younger, less-educated workers, and Colonial's Steve Bygott says good employee communication is needed for long-term employee engagement in wellness initiatives. HR.BLR.com (4/22)
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Older workers crave learning opportunities
Much attention has been paid of late to flexible work arrangements and phased retirement plans for older employees, but what these workers really want is the opportunity to collaborate with younger workers on challenging projects, a study by Age Lessons says. Some organizations are adopting reverse-mentoring programs to help accommodate older workers who want to continue developing their skills. The Wall Street Journal (tiered subscription model)/At Work blog (4/17)
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Poll Question
Accreditor places Okla. college on probation over online class
The Higher Learning Commission of the North Central Association of Colleges and Schools has put Western Oklahoma State College on probation after a review of 10-day accelerated courses. Scrutiny of such courses began following a report on college credits said to require minimal time and effort. The Oklahoman (Oklahoma City) (4/19)
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Fair Housing Act applies in Neb. therapy-dog case, judge rules
Housing owned by the University of Nebraska at Kearney falls under the Fair Housing Act in a case involving a student who said she wasn't allowed to have her therapy dog live with her on campus, a federal judge has ruled. The university said the student did not provide adequate documentation that disability made the presence of her miniature pinscher a necessity. The government argues that the university violated the Fair Housing Act. Lincoln Journal Star (Neb.) (tiered subscription model) (4/19)
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Leadership & Management
In times of crisis, how will you lead?
When a crisis or tragedy occurs, that's the time for leaders to help those around them make sense of and cope with the situation, write Eric McNulty, Leonard Marcus and Barry Dorn. Notice how those around you have been affected and make a point of connecting with and supporting everyone you meet. "It is your opportunity to help others realize their strength and find hope in the darkness," they write. Harvard Business Review online/HBR Blog Network (4/16)
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News From Aon
2013 Risk Pooling Symposium
The Aon National Risk Pooling Practice invites you to attend our 18th Risk Pooling Symposium, from July 30 to Aug. 2 at the Ritz-Carlton Bachelor Gulch in Avon, Colo. We're bringing together a variety of professionals who serve pools, risk retention groups or association insurance programs. The subjects we cover focus on delivering board members, executives and staff the insight they need to drive key trends and management strategies, and embrace industry concepts and technological opportunities. Leading speakers in the industry will present on issues such as member retention, risk control, reinsurance and more. Learn more and register.
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Global Risk Management Survey 2013
Aon's 2013 Global Risk Management Survey report captures the latest risk trends and priorities facing organizations around the world. The report unveiled the top 10 risks now and those that will be a priority in the next three years. Download a free copy of the report.
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SmartQuote
Nobody can go back and start a new beginning, but anyone can start today and make a new ending."
-- Maria Robinson,
American writer
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