IN THE PUBLIC EYE
The "In The Public Eye" newsletter is dedicated to exploring risk management topics and challenges faced by today's Public Sector leaders.
The February issue of In The Public Eye has arrived! If you have any questions about the articles in this issue or have any other insurance-related questions, please contact us.
FEATURED PODCAST
Building Relationships - Skills for Successful Career Growth
Karen Caterino, Alliant Public Entity, welcomes Myshell Gresham, Ascot Group, to discuss her unconventional career path and advice essential for career growth in insurance, or any relationship-based industry. Myshell shares the internal and external challenges she has faced that have helped her learn the importance of investing in yourself, constant learning, maintaining curiosity and being an effective communicator.
IN THE BROKER'S CORNER
Social Inflation Escalates Liability Risks and Threatens Public Budgets
Alliant
Social inflation—the rapid rise in insurance claim costs driven by excessive litigation, expansive judicial rulings and soaring jury awards—poses a serious threat to public entity insurance pools. This escalating problem increases liability exposures, drains public budgets and leads to higher premiums, leaving fewer resources for essential services.
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WORKERS' COMPENSATION
Mind the Gap: The Long-Term Effects of Declining Workforce Participation
Carrier Chronicles
Recent data from the Bureau of Labor Statistics capture a downward trend in the overall share of the employed population. Unemployment has been driven by several factors, some of which resulted from the pandemic. We review these findings and their impact on organizations.
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COMMERCIAL P&C
What's New & Trending in Fire & EMS
Glatfelter Insurance Group
Here’s a round-up of 4 new-and-evolving topics in emergency services—and reasons why you may want to pay attention to them. According to the National Fire Protection Association’s annual report, sudden cardiac death remains the number one cause of on-duty firefighter fatalities in the U.S.—and has accounted for the largest share of firefighter deaths in almost every year of the report.
CYBER
PowerSchool K-12 Education and Student Information System (SIS) Software Breach
Alliant
Managing cyber risk for our clients involves more than just facilitating insurance transactions. In light of the recent cyber incident related to the PowerSchool K-12 education and student information system (SIS) software, we are sharing actionable insights to help your organization safeguard its data and prevent potential exfiltration.
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EMPLOYEE BENEFITS
Catastrophic Employee Healthcare Claims: A Growing Concern for Public Sector Employers
Alliant
It may come as no surprise to HR & Benefit leaders to hear that there has been a significant rise in the last several years in catastrophic health plan claims. Many public sector employers are under increasing pressure to find ways to curtail rising costs within their employer health plans. These health plans are a critical tool to employee attraction and retention while also fulfilling healthcare commitments to retirees who dedicated their life’s work to public service.
EVENTS
Conferences, Speaking Engagements and Webinars
Alliant Public Entity attends and produces various events throughout the year. These events provide our team a chance to meet and network with members of the community, learn and present ideas.
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