• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    More frequent and extreme weather events pose increasing risks to employee health and business performance

    4/22/24 6:03:00 AM ET
    $HIG
    $MMC
    Property-Casualty Insurers
    Finance
    Specialty Insurers
    Finance
    Get the next $HIG alert in real time by email

    Risk analysis conducted by the newly formed National Commission on Climate and Workforce Health highlights need to bolster people, business, and economic resilience

    • CEOs acknowledge extreme weather will be one of the most critical threats to their businesses in the next year.
    • Yet only 17% of CEOs have invested in strategies to better protect employees from climate health risks.
    • Exposure to more frequent extreme heat, poor air quality and unprecedented weather events directly impacts physical and mental health and exacerbates underlying chronic conditions.
    • Extreme heat alone now generates a productivity loss of more than 295 billion work hours per year worldwide.
    • The Commission will gather data to further quantify the implications for health care costs; develop recommended actions for mitigating risks; and identify innovative solutions for protecting employees.

    LOS ANGELES, April 22, 2024 /PRNewswire/ -- Despite the growing number of studies linking the planet's changing climate to an increase in physical and mental health issues, less than one in five business leaders feel fully prepared to address the long-term, climate-driven health risks facing their workforce, according to an analysis of existing research released today by the National Commission on Climate and Workforce Health (the Commission). The Commission's analysis brings to light the significant implications climate-related health risks can have on a business' people, operations, and performance – as well as the U.S. economy – as up to 84% of the value of S&P 500 companies is in human capital.

    National Commission on Climate and Workforce Health logo

    In protecting the future health of our planet, we can't overlook the health vulnerabilities facing our workforce today.

    Representing a diverse group of prominent U.S. business leaders and public health and safety experts, the Commission aims to help employers assess the growing threats the current climate poses to both human health and business performance in order to help them take the necessary steps to build climate-resilient workforces. The Commission was created by the Health Action Alliance in partnership with Mercer and with strategic input from the CDC Foundation. Additional support for the initiative is being provided by Elevance Health and The Hartford.

    "In our efforts to protect the future health of our planet, we can't overlook the significant health vulnerabilities facing our workforce today," said Dr. David Michaels, former assistant secretary of labor, Occupational Safety and Health Administration (OSHA) and Commission member. "Building resilience will take more than policy change. It will require the active leadership of the private sector."

    Titled Climate and Health: The Increasing Risks to Our People-Powered Economy, the Commission's analysis released today includes data points from a range of recently published studies on climate and employee health. It also highlights unique insights from more than 100 interviews with C-suite executives and other business leaders, public health officials, and climate science experts, alongside quantitative findings from a March 2024 survey of health and benefits leaders – both conducted by the Health Action Alliance.

    Additional insights from the Commission's risk analysis include:

    • Disconnect between awareness and action: While CEOs acknowledge the critical threat of extreme weather to their businesses in the upcoming year, fewer than 1 in 5 business leaders feel fully prepared to address climate-related health risks, according to Mercer.
    • Unequal distribution of risk: While the current climate poses health threats for everyone, employees from under-resourced and marginalized communities often live in areas with the highest morbidity and mortality risks due to changes in temperature and air quality, according to the Kaiser Family Foundation.
    • Impact on existing conditions and costs: The increased severity of extreme weather not only poses immediate physical health risks but also exacerbates existing physical and mental health conditions. In the U.S., 62% of people with employer-based insurance have at least one chronic condition.
    • Advantage of proactive investment: Companies willing to invest in mitigating health risks have a competitive advantage. For every dollar saved in health care costs, employers can realize an estimated $2.30 in improved performance and productivity.

    "Employees today face an array of climate-related health risks, which leaves businesses vulnerable to fractures," said Susan Potter, president, Mercer U.S. & Canada and co-chair of the Commission. "However, there are many steps employers can take to improve the resilience of their people.

    Together with the Commission, we hope to educate and engage employers on how to assess and quantify these risks and to create health and benefits strategies that help employees live well and build their resilience."

    "This Commission represents a unique and innovative approach to addressing the urgent need to build climate-resilient workforces," said Bill Frist, former U.S. Senate majority leader and co-chair of the Commission. "By leveraging the collective expertise of these impressive leaders and fostering opportunities for collaborative learning, we can catalyze cross-industry strategies to help both employers and employees adapt to the unprecedented changes in our environment."

    The Commission comprises business leaders with broad functional expertise as well as thought leaders across science, medicine, and health policy, including:

    • Dr. William Frist (co-chair), former majority leader, U.S. Senate, and partner, Frist Cressey Ventures
    • Susan Potter (co-chair), president, Mercer U.S. and Canada
    • Dr. Georges Benjamin, executive director, American Public Health Association
    • Dr. Brian Castrucci, president and CEO, de Beaumont Foundation
    • Gary Cohen, president and founder, Health Care Without Harm
    • Dr. Howard Frumkin, senior vice president, Trust for Public Land, and professor emeritus University of Washington
    • Jane Gilbert, chief heat officer, Miami-Dade County, Florida
    • Dr. Pam Hymel, chief medical officer, Disney Experiences
    • Abner Mason, founder and CEO, SameSky Health
    • Hakon Mattson, chief sustainability officer, Elevance Health
    • Dr. David Michaels, former assistant secretary of labor, U.S. Occupational Safety and Health Administration (OSHA) and professor, George Washington University
    • Dr. Judy Monroe, president and CEO, CDC Foundation
    • Dr. Lisa Patel, clinical associate professor, Stanford Medicine, and executive director, Medical Society Consortium on Climate and Health
    • Dr. Adam Seidner, chief medical officer, The Hartford
    • Lawrence Sloan, CEO, American Industrial Hygiene Association
    • Dr. Sohini Stone, chief medical officer global employee health, Google

    The Commission will:

    • Raise awareness of extreme weather threats to employee health through educational programs and workshops.
    • Quantify the risk by creating an interactive financial projection tool to help employers understand their individual risk profile and forecast the magnitude of their climate-related health costs over time.
    • Develop recommended actions for mitigating climate-related health risks, supported by research on the benefits of climate-protective measures.
    • Foster peer-learning communities to share strategies and experiences in addressing climate-related health risks.
    • Promote innovative solutions to climate-related health impacts, collaborating with startups and researchers to develop new tools and practices.

    "Our health is directly linked to the health of our physical environment. As a healthcare company with an integrated whole-health approach, we acknowledge our responsibility to preserve and improve the health of our members, communities and our own workforce," said Hakon Mattson, chief sustainability officer, Elevance Health and Commission member. "We are proud to be one of the first organizations to join the Commission and are committed to working collectively to help organizations build more climate resilient workforces."

    "It's important for employers today to understand and address the mental and physical toll on U.S. employees due to extreme weather, which is increasing in frequency and severity," said Dr. Adam Seidner, chief medical officer, The Hartford and Commission member. "Based on trends in our workers' compensation and disability claims data, companies that aren't mitigating climate impacts will continue to experience significant increases in costs associated with employee wellness and, in turn, greater impacts to the bottom line."

    "Building a climate-resilient workforce is the next urgent health challenge we must address," said Stephen Massey, co-founder, Health Action Alliance. "In an era of more frequent and severe weather events, we are committed to helping employers assess their risk and adapt their operations to protect workers and maintain business continuity."

    To download a copy of Climate and Health: The Increasing Risks to Our People-Powered Economy and to learn more about the National Commission on Climate and Workforce Health visit ClimateHealthCommission.org.

    About Health Action Alliance

    Health Action Alliance is the country's largest network of employers focused on issues intersecting public health and business – with more than 7,000 employers reaching more than 30 million workers. Our free tools, training, and events help employers, large and small, navigate evolving health challenges, improve the health of workers and engage with public health partners to build stronger, healthier communities.

    About Mercer

    Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer's approximately 25,000 employees are based in 43 countries and the firm operates in over 130 countries. Mercer is a business of Marsh McLennan (NYSE:MMC), the world's leading professional services firm in the areas of risk, strategy and people, with more than 85,000 colleagues and annual revenue of $23 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment. Follow Mercer on LinkedIn and X.

    About the CDC Foundation

    The CDC Foundation helps the Centers for Disease Control and Prevention (CDC) save and improve lives by unleashing the power of collaboration between CDC, philanthropies, corporations, organizations and individuals to protect the health, safety and security of America and the world.

    Since 1995, the CDC Foundation has raised over $2.2 billion and launched more than 1,400 programs impacting a variety of health threats from chronic disease conditions including cardiovascular disease and cancer, to infectious diseases like rotavirus and HIV, to emergency responses, including COVID-19 and Ebola. 

    About Elevance Health, Inc.

    Elevance Health is a lifetime, trusted health partner fueled by its purpose to improve the health of humanity. The company supports consumers, families, and communities across the entire care journey – connecting them to the care, support, and resources they need to lead healthier lives. Elevance Health's companies serve more than 115 million people through a diverse portfolio of industry-leading medical, digital, pharmacy, behavioral, clinical, and complex care solutions. Follow us @ElevanceHealth on X and Elevance Health on LinkedIn.

    About The Hartford

    The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. The Hartford Financial Services Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Connecticut. For additional details, please read The Hartford's legal notice.

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/more-frequent-and-extreme-weather-events-pose-increasing-risks-to-employee-health-and-business-performance-302122154.html

    SOURCE Health Action Alliance

    Get the next $HIG alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $HIG
    $MMC

    CompanyDatePrice TargetRatingAnalyst
    Marsh & McLennan Companies Inc.
    $MMC
    3/25/2025$281.00Buy
    Redburn Atlantic
    The Hartford Insurance Group Inc.
    $HIG
    1/6/2025$130.00 → $135.00Equal Weight → Overweight
    Barclays
    Marsh & McLennan Companies Inc.
    $MMC
    12/12/2024$250.00Sector Perform → Outperform
    RBC Capital Mkts
    Marsh & McLennan Companies Inc.
    $MMC
    11/25/2024$242.00Outperform
    Evercore ISI
    The Hartford Insurance Group Inc.
    $HIG
    10/4/2024$113.00 → $121.00Buy → Neutral
    BofA Securities
    Marsh & McLennan Companies Inc.
    $MMC
    9/5/2024$236.00Equal Weight
    Barclays
    The Hartford Insurance Group Inc.
    $HIG
    9/5/2024$130.00Equal Weight
    Barclays
    The Hartford Insurance Group Inc.
    $HIG
    6/28/2024$116.00 → $114.00Buy → Neutral
    Citigroup
    More analyst ratings

    $HIG
    $MMC
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • The Hartford To Host Virtual Annual Meeting Of Shareholders On May 21

      The Hartford will host a virtual annual meeting of shareholders at 12:30 p.m. EDT on Wednesday, May 21. Shareholders of record at the close of business on March 24, 2025, or their legal proxy holders, are entitled to attend the meeting, vote shares and submit questions at www.virtualshareholdermeeting.com/HIG2025. To be admitted, shareholders must enter the 16-digit control number found on the proxy card, voter instruction form or notice that they previously received. Guests without a control number may also attend the meeting but will not be permitted to vote or submit questions. Shareholders of record may also vote or submit questions in advance of the meeting at www.proxyvote.com using

      5/7/25 9:00:00 AM ET
      $HIG
      Property-Casualty Insurers
      Finance
    • Oliver Wyman Unveils Comprehensive Labor Cost Per Vehicle Analysis Amidst Changing Automotive Landscape

      Oliver Wyman, a global leader in management consulting and a business of Marsh McLennan (NYSE:MMC) today launches its latest Labor Cost per Vehicle analysis. As the automotive industry faces economic headwinds, shifting global production landscapes, and rising geopolitical tensions, this comparative analysis examines the labor cost per vehicle (LCPV), a critical metric that influences automaker profitability and competitiveness. Getting Under the Hood of Automotive Labor Cost Per Vehicle, analyzes more than 250 vehicle assembly plants worldwide, revealing an average labor cost gap of nearly $1,700 per vehicle between premium European brands and Chinese manufacturers. The report identifies

      5/6/25 10:30:00 AM ET
      $MMC
      Specialty Insurers
      Finance
    • The Hartford Donates $2 Million To Main Street America To Remove Barriers For Small Businesses

      Initiative to benefit 15 communities and approximately 1,500 small businesses The Hartford has committed $2 million to a multi-year initiative that supports small businesses and fosters economic and community vibrancy. The funds will expand the company's Small Business Accelerator Grant Program with Main Street America, a national nonprofit organization dedicated to strengthening communities through the economic development of historic downtowns and commercial districts. The Hartford, which insures more than 1 million small businesses, will award up to 15 grants to communities nationwide to help small businesses gain access to affordable multi-use spaces. "At the Hartford, we have the pri

      5/6/25 8:00:00 AM ET
      $HIG
      Property-Casualty Insurers
      Finance

    $HIG
    $MMC
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Hartford Financial Services Group Inc.

      SC 13G/A - HARTFORD FINANCIAL SERVICES GROUP, INC. (0000874766) (Subject)

      11/14/24 1:22:35 PM ET
      $HIG
      Property-Casualty Insurers
      Finance
    • SEC Form SC 13G/A filed by Hartford Financial Services Group Inc. (Amendment)

      SC 13G/A - HARTFORD FINANCIAL SERVICES GROUP, INC. (0000874766) (Subject)

      2/14/24 10:02:59 AM ET
      $HIG
      Property-Casualty Insurers
      Finance
    • SEC Form SC 13G/A filed by Marsh & McLennan Companies Inc. (Amendment)

      SC 13G/A - MARSH & MCLENNAN COMPANIES, INC. (0000062709) (Filed by)

      2/8/24 4:13:51 PM ET
      $MMC
      Specialty Insurers
      Finance

    $HIG
    $MMC
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • EVP Stepnowski Amy exercised 48,690 shares at a strike of $59.12 and sold $6,880,219 worth of shares (54,651 units at $125.89), decreasing direct ownership by 20% to 23,538 units (SEC Form 4)

      4 - HARTFORD INSURANCE GROUP, INC. (0000874766) (Issuer)

      5/6/25 4:18:59 PM ET
      $HIG
      Property-Casualty Insurers
      Finance
    • Chairman and CEO Swift Christopher exercised 96,816 shares at a strike of $43.59 and sold $12,150,379 worth of shares (96,816 units at $125.50), increasing direct ownership by 0.00% to 211,082 units (SEC Form 4)

      4 - HARTFORD INSURANCE GROUP, INC. (0000874766) (Issuer)

      5/6/25 4:19:01 PM ET
      $HIG
      Property-Casualty Insurers
      Finance
    • SVP & Controller Niderno Allison G sold $129,664 worth of shares (1,086 units at $119.42), decreasing direct ownership by 64% to 622 units (SEC Form 4)

      4 - HARTFORD INSURANCE GROUP, INC. (0000874766) (Issuer)

      4/30/25 4:04:47 PM ET
      $HIG
      Property-Casualty Insurers
      Finance

    $HIG
    $MMC
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Redburn Atlantic initiated coverage on Marsh McLennan with a new price target

      Redburn Atlantic initiated coverage of Marsh McLennan with a rating of Buy and set a new price target of $281.00

      3/25/25 8:27:26 AM ET
      $MMC
      Specialty Insurers
      Finance
    • Hartford Financial upgraded by Barclays with a new price target

      Barclays upgraded Hartford Financial from Equal Weight to Overweight and set a new price target of $135.00 from $130.00 previously

      1/6/25 8:11:18 AM ET
      $HIG
      Property-Casualty Insurers
      Finance
    • Marsh McLennan upgraded by RBC Capital Mkts with a new price target

      RBC Capital Mkts upgraded Marsh McLennan from Sector Perform to Outperform and set a new price target of $250.00

      12/12/24 8:56:55 AM ET
      $MMC
      Specialty Insurers
      Finance

    $HIG
    $MMC
    Leadership Updates

    Live Leadership Updates

    See more
    • The Hartford Announces Appointment Of A. Morris 'Mo' Tooker As Company President

      Tooker to oversee all property-and-casualty businesses The Hartford appointed Tooker as the company's president. In this new role, he will add Personal Lines to his current position overseeing Small Commercial, Middle & Large Commercial and Global Specialty, as well as Enterprise Sales & Distribution and Risk Services. This will align all of the company's property-and-casualty businesses under his leadership. In addition, Tooker will also be responsible for stewarding a number of enterprise-wide initiatives. The change is effective Feb. 1, 2025, and Tooker will continue to report to The Hartford's Chairman and CEO Christopher Swift. This press release features multimedia. View the full r

      1/9/25 6:50:00 AM ET
      $HIG
      Property-Casualty Insurers
      Finance
    • The Hartford Appoints Annette Rippert To Its Board Of Directors

      The Hartford appointed Annette Rippert to the company's board of directors, effective Feb. 18, 2025. She will serve on the board's Finance, Investment and Risk Management Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250106219385/en/Annette Rippert (Photo: Business Wire) "Annette's visionary leadership in technology, data and artificial intelligence make her a valuable addition to our board," said The Hartford's Chairman and CEO Christopher Swift. "Her extensive experience driving growth, particularly in leveraging AI and data analytics, will be instrumental as we continue to expand our market presence and further ou

      1/6/25 9:00:00 AM ET
      $HIG
      Property-Casualty Insurers
      Finance
    • Aon and Marsh McLennan call on (re)insurance industry to aid Ukraine's resilience

      -      The firms emphasized that the removal of blanket exclusions would catalyze Ukraine's growth and future reconstruction MONTE CARLO, Sept. 8, 2024 /PRNewswire/ -- Aon and Marsh McLennan today called on the (re)insurance industry to build upon the capital, expertise and historical role of the (re)insurance industry to help Ukraine's resilience by catalyzing economic growth and strengthening the country's foundations for a post-conflict economy. The firms emphasized that the removal of blanket exclusions, which ignore the diversity of risk throughout the country, would further support for Ukraine's economy. Additionally, since the start of the war, many global reinsurers have grouped risk

      9/8/24 3:00:00 AM ET
      $AON
      $MMC
      Specialty Insurers
      Finance

    $HIG
    $MMC
    Financials

    Live finance-specific insights

    See more
    • The Hartford Announces First Quarter 2025 Financial Results

      First quarter 2025 net income available to common stockholders of $625 million ($2.15 per diluted share) decreased 16% from $748 million ($2.47 per diluted share) over the same period in 2024. Core earnings* of $639 million ($2.20 core earnings per diluted share*) decreased 10% from $709 million ($2.34 core earnings per diluted share) over the same period in 2024. Net income ROE for the trailing 12 months of 18.8% and core earnings ROE* of 16.2%. Property & Casualty (P&C) written premiums increased by 9% in the first quarter of 2025, driven by Business Insurance and Personal Insurance premium growth of 10% and 8%, respectively. Business Insurance first quarter 2025 combined ratio of

      4/24/25 4:15:00 PM ET
      $HIG
      Property-Casualty Insurers
      Finance
    • Marsh McLennan Reports First Quarter 2025 Results

      Revenue Growth of 9%; Underlying Revenue Growth of 4% GAAP Operating Income Increases 4%; Adjusted Operating Income Increases 8% First Quarter GAAP EPS of $2.79; Adjusted EPS Increases 5% to $3.06 Marsh McLennan (NYSE:MMC), the world's leading professional services firm in the areas of risk, strategy and people, today reported financial results for the first quarter ended March 31, 2025. John Doyle, President and CEO, said: "We had a solid start to the year with 9% revenue growth reflecting momentum across our business and the contribution from acquisitions. For the quarter, we generated 4% underlying revenue growth, 8% growth in adjusted operating income, and 5% growth in adjusted

      4/17/25 7:00:00 AM ET
      $MMC
      Specialty Insurers
      Finance
    • Marsh McLennan Agency Acquires Arthur Hall Insurance

      Marsh McLennan Agency (MMA), a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across the US and Canada, today announced the acquisition of Arthur Hall Insurance, a West Chester, Pennsylvania-based full-service insurance agency. Terms of the acquisition were not disclosed. Founded in 1966, Arthur Hall provides commercial and personal lines expertise to clients across the country, with specialties in the life sciences, information management, non-profit, craft beverage manufacturing, and municipal industries. All Arthur Hall employees, including President Jim Denham, will join MMA and

      4/2/25 9:00:00 AM ET
      $MMC
      Specialty Insurers
      Finance

    $HIG
    $MMC
    SEC Filings

    See more
    • SEC Form 10-Q filed by The Hartford Insurance Group Inc.

      10-Q - HARTFORD INSURANCE GROUP, INC. (0000874766) (Filer)

      4/24/25 4:16:55 PM ET
      $HIG
      Property-Casualty Insurers
      Finance
    • The Hartford Insurance Group Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - HARTFORD INSURANCE GROUP, INC. (0000874766) (Filer)

      4/24/25 4:15:52 PM ET
      $HIG
      Property-Casualty Insurers
      Finance
    • SEC Form 10-Q filed by Marsh & McLennan Companies Inc.

      10-Q - MARSH & MCLENNAN COMPANIES, INC. (0000062709) (Filer)

      4/17/25 4:09:17 PM ET
      $MMC
      Specialty Insurers
      Finance