A wildfire that rapidly spreads across state borders, a tornado that cuts across a city leaving broken buildings and homes in its path, an earthquake that topples buildings and injures thousands, or an unexpected hurricane that devastates a coastal area: natural disasters are unforeseen and unpredictable, often leaving a path of devastation and destruction in their wake. If faced with the sudden—and often overwhelming—demand that so often accompanies a disaster situation, is your organization prepared?
Topics: Property and Casualty
The second phase of OCR’s (the U.S. Department of Health and Human Services Office for Civil Rights) HIPAA (Health Insurance Portability and Accountability Act) is beginning. Building on the HITECH (Health Information Technology for Economic and Clinical Health) Act passed in 2009, the audits have expanded and modified many of the original HIPAA requirements for the privacy and security of PHI (protected health information). As part of this update, HITECH required that OCR establish a program to periodically audit for HIPAA privacy, security and breach notification rules.
Following the financial crisis and economic recession of recent years, the life insurance industry is taking a hard look at their current vulnerabilities and risks. The resulting regulations will have a significant impact across all functions of the life insurance industry—and this trend of industry regulation is only anticipated to increase.
Topics: Life and Disability
Today’s labor force is experiencing a break-neck evolution. Much as the nation of today looks radically different from that of 1980, so too will the United States of 2050 look very different from that of today. Already, demographic predictions paint a picture of a very different workplace in the near future, as employees “gray,” female professionals outnumber their male counterparts and we transition into a “minority majority” nation. Today’s organizations are now coming face-to-face with an increasingly diverse workforce. This unprecedented and ground-breaking phenomenon has permanently changed the reality of the business world. Further fueling these rapid demographic shifts is increased globalization and connectivity. Together, these trends are the driving force behind the growing diversity and inclusion (D&I) movement. As organizations continue to expand beyond their borders, we can no longer ignore the business case for D&I.
From Christmas tree missiles to insured body parts, we have covered a number of unique insurance policies and claims. But what about in the world of health insurance? With more and more individuals electing into insurance coverage, surely there must be a growing number of exceptional claims. So what are some of the most unusual insurance claims found in the health industry?