As Hurricane Ian approaches the western coast of Florida, forecasts warn of a potentially life-threatening storm surge, destructive winds, heavy rain, flooding and possible tornadoes. Weather experts expect Ian to make landfall between Tampa Bay and Cape Coral late Wednesday, Sept. 28, into the early morning hours of Thursday, Sept. 29.
The Bureau of Labor Statistics (BLS) announced that the U.S. consumer price index (CPI) increased 8.3% year over year in August 2022, remaining uncomfortably rapid for the month. The CPI didn’t ease as much as expected by economists, putting continued inflation-related financial pressure on consumers.
The most costly winter weather event on record in the United States was the polar vortex that occurred in February 2021. This winter storm famously led to an overload of the utility grid in Texas, which left millions without power, caused $15 billion in damage and killed 246 people – many from hypothermia.
Your ears are very sensitive. Prolonged exposure to loud noise can lead to permanent hearing damage and even cause you to go deaf. The Occupational Safety and Health Administration recommends that workers use hearing protection should noise levels reach or exceed 85 decibels across an eight-hour workday.
Cyberattacks are increasing in the construction industry. These attacks can shut down business operations, cause reputational damage and result in costly litigation and fines.
The ability to work from home has been a lifeline for many during the COVID-19 pandemic, but some feel that a recession could jeopardize that perk.
“Hot work” refers to any task that involves burning, welding, or the use of fire- or spark-producing tools, or actions that generate sources of ignition. On an oil job site, there are numerous potential hazards, including well heads, fuel tanks, mud tanks, tank batteries, gas separators, and oil treaters.
To attract and retain top talent, employers are increasingly offering improved health and benefits packages. A recent survey by Mercer found that more than two-thirds of employers plan to make changes to their health care and benefits offerings ahead of open enrollment for 2023.
The energy sector is no stranger to a cyber attack. For many American families and businesses, the most personally disruptive incident in recent memory came in May 2021 with the ransomware attack that shut down the Colonial Pipeline, a major U.S. oil and gas pipeline responsible for supplying nearly half of the East Coast’s petroleum.
As the shift to alternative sources of energy continues to be a topic of utmost relevance, investments in wind energy have become increasingly prevalent. While the energy source receives a great deal of attention, it also entails a complicated combination of risks, both financial and commercial. If you are considering wind farms as a potential investment, take the following factors into account to ensure that you have an ample risk management plan for this complex and largely unexplored territory.
