A Safety Tsunami: The Baby Boomer Effect on Worker’s Compensation

Posted by on May 14, 2013 | Comments are off for this article

A Safety Tsunami

It is no secret that our baby boomer generation now makes up a large portion of our workforce, and that the older a person becomes, the more medical problems develop. So why does it appear that these commonly known facts have not driven more business leaders and safety professionals to develop aggressive attack plans to counteract the negative results? In this white paper, I explore all of the research, studies and initial financial metrics provide strong empirical evidence that injuries to an aging workforce are real, significant and will continue to be a driving factor in increased employee injury costs over the next 10 to 20 years. As safety and risk professionals, our senior leaders will be depending on us to deliver solid strategies to counteract the trend.
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Free Webinar Offers Tips on Taking Advantage of Construction Comeback

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As the construction industry is poised to make a comeback after the economic downturn, business leaders and risk managers need to be positioned to take advantage of this growth.

Michael Campo, team leader for the Lockton Construction Services Group in Kansas City will be a part of a free webinar entitled Capitalizing On The Construction Rebound on Wednesday, May 15 at 2 p.m. ET/11 a.m. PT.

Learn about current and projected market conditions, key coverage trends, loss-control best practices, and ways to differentiate your risk portfolio.

Register here for the free, interactive webcast hosted by Property Casualty 360, a leading industry publisher.

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New Healthcare Security and Privacy Policies Shift Risk

Posted by on May 8, 2013 | Be the First to Comment

Ben Beeson with Lockton’s Global Technology and Privacy Practice recently spoke with Leader’s Edge magazine about the increasing challenges of data privacy in healthcare.

 A recent ruling by the U.S. Department of Health and Human Services established very stringent security and privacy policies, including the requirement to notify individuals of a breach of their personal healthcare information.

 Beeson discusses what this means to covered entities, their business associates, and the boardroom.

 Read the full story in Leader’s Edge.

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Statutes Of Repose Let Sleeping Lawsuits Lie – But Not When The Government Is The Plaintiff

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Statutes of repose are designed to put potential lawsuits arising from long-ago projects and design professionals worries about them to rest.  Most states have a statute of repose requiring that suits arising from improvements to real property be brought within a specified number of years after completion of the work.  When the government is the plaintiff, this is not necessarily the case.  In this report I discuss two state court cases that demonstrated that in this instance, design professionals cannot be certain that sleeping lawsuits will remain in repose.

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Lockton Market Insight: Rate Increases Moderate; Workers’ Compensation Creating Challenges

Posted by on May 3, 2013 | Be the First to Comment

Market insight imageDespite large losses from Superstorm Sandy and a challenged investment environment, U.S. Property and Casualty carrier profitability improved in 2012. The improvement came as a result of rate increases and decreased losses from the previous year.

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