Directions newsletter is a monthly publication of the Benefits and HR Consulting practice of Arthur J. Gallagher & Co. The September 2017 issue includes an article covering major benefit issues for employers with locations in Texas or Louisiana affected by Hurricane Harvey. Additional articles address a number of topics including a recent court case on wellness programs, a change in the EEO-1 reporting requirement and an update on the Massachusetts employer medical assistance contribution rates.
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Where no specific regulation applies, the General Duty Clause is a liability catch-all that allows OSHA to cite employers who fail keep their places of employment free of any other recognized hazards to employees that are likely to cause serious injury or death. Compliance with the General Duty Clause is challenging because employers are typically unaware of what recognized hazards they may be required to address in their workplaces.
For global employers: Learn 10 unique employer regulations abroad including tax breaks for bicycle commuters in France, employee stress check-ups in Japan, eye exams for employees in the UK and more.
In this issue, regulatory developments in medical device cybersecurity; plaintiffs make progress with claims following data breaches; how the “failing firm” defense justifies mergers; the profile of thefts by employees; and skilled nursing’s increased ownership by and affiliation with hospitals and their investors.
This Weekly Market Update reviews the top 3 market headlines: Investors Debate Stock Valuations, U.S. Dollar Hits Lowest Level Since 2015, ECB Lifts Growth Expectations
The world of cyber risk continues to develop and expand since our May 2016 paper on Medical Device Cybersecurity. The threat of ransomware has come to the forefront as demonstrated by global attacks such as Wannacry2 and Petya. These attacks show how hackers have become more sophisticated in their ability to use malware to exploit vulnerabilities in systems, hardware and devices, as well as highlighting the vulnerabilities of devices and systems that, through their lack of patching and support, and outdated operating systems, are exposed to hacking, worms, etc., that can affect patient safety, system security and data integrity.
Gain insights into how HR could be expected to support their organization’s response during a crisis, including: crisis management activities for HR leaders, employee communications options and suggestions for helping employees protect their families and assist with basic personal needs.
For employers with locations in Texas or Louisiana that are affected by Hurricane Harvey, and also employers with employees who have family in the affected areas, there are benefit issues to consider in response to the ongoing disaster. In reacting to the disaster, the Department of Labor emphasizes that a good guiding principle for plan sponsors is that they should act reasonably, prudently and in the interest of the workers and their families who rely on their benefits for their physical and economic well-being. Read this special edition of the Directions Newsletter for details and guidance for employers to consider regarding employee benefits in the wake of Hurricane Harvey.
Today’s challenging and unpredictable economic conditions are forcing local governments to scrutinize the price they pay for all products and services, as well as, to evaluate their professional relationships like never before. The costs and relationships associated with property and casualty insurance, claims, third party administrator services, workers compensation and risk management services are no exception.
In the wake of recent hurricanes, many organizations face the risk of reaching aggregated flood limits. And it often takes up to a year or more to accurately assess the financial impact.