The topics dominating headlines this edition include cybersecurity, preparation for an above-average natural disaster season, and continued challenges to the global supply chain due to COVID-19.
Fri, May 28 | The Equal Employment Opportunity Commission (EEOC) Says Employers Can Mandate COVID-19 Vaccines
The US EEOC updated its guidance related to COVID-19 vaccinations, permitting employers to require the vaccine and legally provide incentives to employees, as long as they comply with the Americans with Disabilities Act (ADA), religious exemptions, and other laws. Read more on The National Law Review.
Read Next: How to track COVID-19 vaccinations
Tue, June 1 | EPA Reminds EHS Pros and Facility Operators to Get Ready for Hazardous Weather
After early warnings from the National Oceanic and Atmospheric Administration (NOAA) that 2021 will be yet another above-normal hurricane season, the US Environmental Protection Agency (EPA) reminds EHS professionals to review requirements for “minimizing, preventing, and reporting chemical releases'' in advance of hazardous weather. Read more on EHS Daily Advisor.
Read Next: How to properly forecast for foreseeable events
Tue, June 1 | U.S. Insurers Brace for Another ‘Above Average’ Hurricane Season
Natural disasters, particularly hurricanes, have been a “primary source of volatility for the P&C industry,” especially following 2020’s record-breaking hurricane season. According to a new Fitch Ratings report, “(re)insurers are bracing to absorb large potential catastrophe losses with projections for another above-average hurricane season.” Read more on Fitch Ratings.
Watch Next: How Origami Risk serves Insurers
Tue, June 1 | Hackers hit JBS, the world’s largest meat processor
Only three weeks after the Colonial Pipeline ransomware attack, this latest cyberattack making headlines “may delay certain transactions with customers or suppliers,” even as the U.S. meat-supply chain is still recovering from disruptions due to the COVID-19 pandemic. Read more on The Washington Post.
Thu, June 3 | Congestion Grows in China’s Yantian Port due to COVID-19 Outbreak
As many parts of the world continue loosening COVID-19 restrictions, newly reported cases in Southern China are requiring the opposite response and are having a significant impact on one of China’s busiest export terminals. Read more on The Maritime Executive.
Read Next: Suez Canal & “Ever Given”: What it says about global operational resilience
Fri, June 4 | Insurers Must Totally Reassess Approach to ‘Grim’ Cyber Insurance Market: AM Best
As a result of the worsening cybersecurity environment, a new AM Best report signals that “prospects for the U.S. cyber insurance market are grim.”. Given the headlines as of late, this should not come as a surprise. Read more on Insurance Journal.