Donald L. Blankenship, the former chief executive of Massey Energy Co. was recently indicted on federal charges stemming from the 2010 coal mine explosion which killed 29 miners at its Upper Big Branch mine. The Mine Safety and Health Administration (MSHA) concluded that safety violations (Massey was cited for 369 violations) contributed to the coal dust explosion. How can an energy company best protect it's mine workers while protecting itself and its directors in these situations?
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Private exchanges – hype or hope for a better benefits approach? This report analyzes data on exchange enrollees collected from employers, and compares the actuarial values of medical plans and enrollee choices before and after exchange implementation
Stay informed on the latest healthcare reform news. Gallagher's Healthcare Reform Update newsletters provide timely, easy-to-understand information about new and revised regulations. Download this month's latest release.
After a bumpy third quarter, U.S. equities are offering more of the same solid returns that investors have gotten used to by now. But while equities set new highs, recovering from over 10% from October lows, the manner in which they are doing so is changing. After years of lockstep advances and declines, equities are acting more like the shares of unique businesses that they actually are. Will the change be sustained and usher in an era of active management alpha, or will the beta continue to be the name of the game? Our Weekly Market Update examines the most recent data.
Wildfires are uncontrolled fires that usually occur in less developed, rural areas, but they can also threaten urban environments if the fire spreads. Wildfires can begin quickly throughout communities, and can result from a variety of reasons including human error, arson and lightning. This checklist provides a good start towards preparing and better protecting your business and your employees.
This article provides an analysis of how incentives are being structured to connect pay and performance at electric utility companies. Electric utility companies, as with most publicly traded companies, need to be sensitive to shareholder concerns in order to pay executives appropriately and to be able to attract and retain high quality employees.
Testing is an important tool in the creation and continuation of a viable disaster recovery plan. One popular way of starting a testing program is a tabletop exercise. This approach is cost-effective and focuses on your people and the tasks they will likely perform in a recovery. This checklist guides you through steps and process to plan and facilitate a successful tabletop exercise.
A tornado is one of nature’s most destructive types of storms. Unlike a hurricane or tropical storm, a tornado can develop with little warning, sometimes within minutes of the start of a thunderstorm, leaving little time to react. The importance of being prepared for a tornado cannot be overstated. The following checklist can help you to prepare your business for the potential effects of a tornado.
This disaster recovery kit checklist will provide a breakdown of the items typically needed to initiate recovery procedures following an interruption. One of the primary functions of any recovery kit is the protection of important records, licenses and back up disks, and emergency items of a business in order to ensure a smooth reconstruction of vital information and operations following any disaster.
Wage growth has been largely absent from the U.S. economic recovery, but will be an important factor moving forward as employment approaches the Fed target range. Falling gas prices this year have given consumers some flexibility in their spending, but since 2007 they have largely been forced to shift a larger share of each paycheck from wants to needs. Our Weekly Market Update examines the most recent data.