Severe storms across the U.S. in May are likely to cost insurers several billion dollars, according to a report from from Aon PLC. Aon's Steve Bowen said 2019 is well on its way to being the 12th year in a row that insurers have had to pay at least $10 billion in U.S. storm damage claims.
The Department of Homeland Security lacks insight into how many state and local governments are faring with cybersecurity, says official Rick Driggers. "We need to make sure state and local employees, federal employees and, quite frankly, the nation understand basic, simple cyberhygiene," Driggers says.
Fifty-seven percent of 153 State of the City speeches delivered between January and April included significant coverage of infrastructure issues, according to the National League of Cities "State of the Cities" 2019 report. Popular subtopics in those speeches included roads, streets, signs, public transit, water systems and overall infrastructure funding.
Washington and some other states are moving ahead with so-called public options for health insurance, but what, exactly, constitutes a public option varies. In Washington, private carriers will offer publicly funded plans subject to certain rules on the state's exchange; while Nevada lawmakers approved a plan vetoed by the governor that would have allowed residents ineligible for Medicaid to buy into the state's insurance plan.
Employee concerns about mental health risks led the Michigan Department of Corrections to create an employee wellness program that will include a mandatory resiliency program and peer-to-peer training so that each facility has a "go-to" person when employees need help. "What's different with the employee wellness program is it's not just responding to the crisis at the time of the crisis, it is taking a proactive stance," said Lynn Gorski, the program manager.
Despite the economic recovery following the recession that began in 2008, state spending on higher education remains at pre-recession levels in 40 states, according to an analysis by the Pew Charitable Trusts. Overall, the data showed that higher education per-student, inflation-adjusted funding was 13% below pre-recession levels in 2018.
Some progress is being made to rewrite the Higher Education Act, but lawmakers remain divided on some of the more weighty points in the bill, including accountability, student-loan repayments and campus safety. Lawmakers had said they intended to release a draft by the end of May.
Successful teams are built on a foundation to transform, empower, achieve and motivate, with leaders who intentionally create a culture of shared values and norms, say Kristine Lilly, John Gills Jr. and Lynette Gillis. "Three suggestions for how you can develop your team through practice are business simulation, team-building activities, and teamwork coaches," they say.
May 2019 notable global catastrophic events include: Prolonged US severe weather and flooding prompts multi-billion-dollar insurance industry payout; Cyclone Fani makes India landfall and causes estimated $2 billion in direct economic cost; and significant flooding affects parts of the US, Poland, Germany, China and the Middle East. Read more.
Can health technology - particularly wearable trackers and apps that can be conveniently accessed via mobile devices - improve the world's wellbeing by promoting healthier lifestyles? While health is personal, the role of an employer is critical. By using the data from this new technology, employers can create and scale more targeted wellbeing programs that encourage better health decisions across their workforce. Learn more.
Real magic comes from a brilliant idea combined with willpower, tenacity, and a willingness to make mistakes.
Lori Greiner, inventor, entrepreneur and TV personality
About Aon Public Sector
We are a global team of risk management professionals serving our governmental, quasi-governmental, civil, social and educational clients. We use cutting-edge, creative and forward-thinking techniques to respond to risk related needs and to address the unique challenges of rapidly developing social and economic conditions today, and for tomorrow.
Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.