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.
Safety is a continuous process of managing risks that are presented to your employees. One example of this is OSHA’s Safe and Sound campaign week. The campaign runs from August 15-21 and is a nationwide event that recognizes the successes of workplace health and safety programs.
The risk that hand, wrist and finger injuries pose in health care settings is unique because it is associated with another, more serious risk: that of infection with diseases like Hepatitis B and C or HIV. Even injuries that do not result in infection bear the psychological trauma of waiting for definitive test results.
In recent years, active assailant incidents have become a growing concern across the United States. Most recently at an elementary school in Uvalde, Texas, a doctor’s office at Saint Francis in Tulsa, Oklahoma, and at a 4th of July Parade in Highland Park, Illinois.
Equipment losses are on the rise and this affects most contractors directly or indirectly. Specifically, Inland Marine carriers are reporting upticks in losses of mobile equipment each year. Items such as skid steers, mini excavators, trailers, hand tools and GPS systems have become prime targets for thieves. In addition, equipment losses from fire have seen a substantial increase in total claim dollars.
Because of age or incBecause of age or incapacitation due to illness or injury, patients in health care settings often need help performing normal daily tasks like sitting up or walking. Helping patients with these tasks requires significant physical demands, putting employees in danger of musculoskeletal disorders (MSDs).apacitation due to illness or injury, patients in health care settings often need help performing normal daily tasks like sitting up or walking. Helping patients with these tasks requires significant physical demands, putting employees in danger of musculoskeletal disorders (MSDs).
EnergyComp powered by INSURICA is a workers’ compensation program from CompSource Mutual, designed exclusively for Oklahoma’s oil and gas industry. EnergyComp is committed to helping all Oklahoma energy businesses improve their risk profiles and receive credit for the investments they make in building strong safety cultures.
For most people, work can be both challenging and demanding. Meeting challenges can promote growth and increase resiliency for employees and organizations. However, demands and challenges may also result in high stress, which can be costly.
For most people, work can be both challenging and demanding. Meeting challenges can promote growth and increase resiliency for employees and organizations. However, demands and challenges may also result in high stress, which can be costly.
