Coronavirus and Risk Management: Advice and Resources for Compliance Officers, Risk Managers and Boards

Force majeure provisions in contracts haven’t garnered much attention over the years. But the Covid-19 pandemic appears to have changed that. Attorneys Gretchen L. Jankowski and Jacqueline M. Weyand explore how courts have come down on whether pandemic disruptions are considered acts of God. Before Covid-19,...

We’re nearing the three-year anniversary of widespread business shutdowns in the early days of the Covid-19 pandemic. In that short time, almost 2,400 lawsuits have been filed claiming businesses’ property insurance policies should cover losses companies endured while they were shuttered. From coast to coast, circuit...

While 2022 had no shortage of chaotic events, ethics columnist Lisa Schor Babin shares her hopes for 2023 — and beyond. 2022 was quite a year, with a continuous news stream of bad behavior, human tragedy and natural disaster, and 2023 is unlikely to be any...

From climate change to the Covid-19 pandemic to hateful political rhetoric — modern society poses risks not only to the people who live in it but the businesses and organizations those people work for, manage and own. And while both physical and digital threats and business...

Trade surveillance and market risk solution platform Eventus won its fourth major award in the past month, as its Validus platform was named trade surveillance product of the year at the 2022 Risk Technology Awards. Before the pandemic, the mental health of our employees was only...

Long before anybody had heard of Covid-19, a workplace crisis was brewing: People were becoming overworked and overstressed. The pandemic has worsened the situation, but that doesn’t mean employers can’t make things better. Ethics and compliance consultant Lisa Schor Babin explores the prevalence of anxiety in...

A strict focus on compliance can stifle creativity and innovation. But a work environment that encourages those traits is key to agility and longevity. The pandemic puts these attributes to the test, spurring business leaders to embrace change and disruption as powerful tools of competitive advantage....

The Supreme Court conservative majority held ranks to temporarily stay an OSHA standard that would have made large employers require their employees get vaccinated or wear a mask and test regularly. In a separate 5-4 decision, the court allowed a similar measure to proceed for workers...

The Omicron variant has now spread around the world and, in many regions, has brought about revamped restrictions. Those factors are leaving their mark on third-party risk management, which continues to require nimble and dynamic handling. Travel restrictions, nationwide lockdowns and worldwide instability have resulted in...

Is it possible that the more pandemics change, the more they stay the same? 2021 began with enthusiasm and high hopes for the efficacy of recently approved vaccines. The year ends with a fresh set of challenges and concerns but familiar uncertainty, risk and exposure for...

Health-related small and medium-sized enterprises (SMEs) in the Asia-Pacific region with high or medium ethics program maturity have had stronger economic performance during the COVID-19 pandemic, according to research conducted by ethics think-tank Ethisphere. The study, conducted in collaboration with professor Laura Spence at the University...

With business as usual upended across the globe, it's no wonder that both employers and workers are rethinking established norms and attempting to attempt to rapid changes. Against the backdrop of a continuing pandemic crisis, ADP Research Institute’s People at Work 2021: A Global Workforce View...

The Fifth Circuit Court has permanently blocked the OSHA vaccinate-or-test ETS. But judicial review continues. In the meantime, businesses can do little more than educate themselves on the matter. On November 4, 2021, the Occupational Safety and Health Administration (OSHA) issued an Emergency Temporary Standard (ETS)...

The struggles of the great resignation resulting from the COVID-19 pandemic are not without a silver lining. Resourceful managers and leaders can build a strong core team among the employees who weathered the storm, a bond that could prove invaluable in the years to come. Employee...

The International Bar Association (IBA) COVID-19 Legal Policy Task Force has released a report detailing the pandemic’s impact in key legal areas and making concrete actionable recommendations to improve pandemic management in the future. The task force examined the impact of the pandemic on international legal...

The global pandemic forced many companies to accelerate their digital transformation efforts. As we reflect on lessons of the past 18 months, what must executive management and the board do to continue digital innovation going forward? Most are well aware of the churn in the S&P...

Moratoriums on foreclosures due to COVID-19 ended this summer, prompting concerns of a shock similar to the 2008 housing crisis. While there are numerous differences between today and the previous recession, financial service providers can stay a step ahead by arming themselves with a few lessons...

Even before the Pfizer COVID-19 vaccine received full FDA approval, legal challenges to employer or government vaccine mandates were unlikely to be successful. One judge has already ruled in favor of defendants, while others are pending. Governments and private employers continue to grapple with the best...

Chief Audit Executives: Long-Term Effects of COVID on Internal Audits Include Increasing Use of Technology, New Monitoring Methods Disruptions from the COVID-19 pandemic will change the face of internal audits forever, according to a survey by AuditBoard, a cloud-based risk platform. More companies are expected to...

When it comes to COVID-19 and HIPAA, many misunderstand the law’s scope and purview, especially in a professional setting. Privacy attorney K Royal dispels common misconceptions within.