Mark your calendar for upcoming webinars
Our Loss Control Webinar Series continues with upcoming webinars in May and June before we pause for the summer months and pick up our remaining topics starting in September. As a reminder, these one-hour webcast sessions cover a wide variety of safety and risk management topics of interest to electric, natural gas and water utilities. Risk managers, as well as safety, engineering and operations personnel, are encouraged to attend. More information and how to register for each topic will be sent via email and posted on our LinkedIn page.
May 7, 2025 |
Harnessing Analytics to Enhance Utility Public Safety Initiatives |
June 4, 2025 |
Wind & Solar Loss Control Considerations with an Evolving Technology |
September 10, 2025 |
Steam Turbine Maintenance Optimization (EOH) |
October 1, 2025 |
Leveraging AI for Smarter Electric System Inspections |
November 5, 2025 |
Battery Energy Storage System (BESS) Risk Mitigation Part II |
December 3, 2025 |
Managing Security Risk in the OT Environment |
Watch for Your Invitation to the AEGIS 2025 Annual Policyholders' Conference
Keep your eye out for your invitation to the AEGIS 2025 Annual Policyholders' Conference, taking place July 21-24 in Boston. We are excited to welcome our members, along with their families and guests, to beautiful Boston for the opportunity to connect with colleagues, share insights and help us celebrate our 50th anniversary. Each year, our Annual Policyholders' Conference unites us to discuss the evolving risk landscape our industry faces and collaboratively prepare for the future, knowing that we're stronger together.
Plans are well underway to make this a Policyholders' Conference you won't want to miss, with impactful guest speakers, important industry updates, lively receptions and engaging tours in and around Boston. Member invitations will be sent out tomorrow, and please remember to check your spam or junk folder.
AEGIS 2024 Annual Review Coming Soon
We look forward to sharing the strong financial performance of your Mutual and the many ways AEGIS continues to lead the way in providing stable capacity, collaborative claims support, and specialized loss control services to the energy industry. Our 2024 Annual Review is expected to be published and posted on our website in early May.
Attention: Hard Hats Needed!
Be a part of the on-going AEGIS history! As part of our 50th Anniversary, AEGIS is seeking to decorate our new office space in Jersey City with hard hats from each of our Member companies with their company logos on them to hang on a “Member Wall” in our new lobby. We really want to represent all of our Members. If you are willing to send us a hard hat for display only, please reach out to Heidi Gossett, Vice President – Member Relations, at heidigossett@aegislimited.com for shipping instructions.
Now Available: Equivalent Operating Hours White Paper and Quick Tips
Understanding how equivalent operating hours (EOH) are used to determine maintenance intervals for equipment in line with evolving operational challenges is essential for those involved in the maintenance and operation of steam turbines to optimize equipment lifespan and performance.
In our latest Quick Tips, What is your EOH?, we explain the impact of evolving operating methods that deviate from the original equipment design and the importance of incorporating applicable essential variables into steam turbine EOH calculations to refine maintenance intervals.
AEGIS has also released a more detailed whitepaper on calculating EOH, Steam Turbine Equivalent Operating Hours (EOH) – Calculation and Maintenance Interval Considerations.
We encourage you to click the links to access these valuable safety and equipment operating maintenance resources.
Claims Corner
The Ultimate Social Inflation Survival Guide – Containing Rising Claims Costs in a World Rife with Economic Inflation, Litigation Funding, Nuclear Verdicts, and Anti-Corporate Sentiment
In a world grappling with economic inflation, litigation funding, nuclear verdicts, and growing anti-corporate sentiment, understanding social inflation has never been more crucial. This comprehensive white paper is a valuable resource for those seeking to understand and mitigate the effects of social inflation in today's economic climate.
The paper addresses the following key topics:
Tort Reform News
In response to the continued trend of nuclear verdicts, inflated settlements and legal system abuse, several states are currently considering various tort reform measures to improve their respective legal environments.
Tort reform, or lawsuit reform, refocuses litigation on the reasonable reimbursement of injured victims for wrongs committed against them by another’s actions. States with fair and predictable legal systems deter undesirable behavior and don’t over-punish.
Some priority issues needing reform are disclosure of third-party litigation funding, efforts to curb jury anchoring, eliminating “phantom damages”, attorney advertising reform, and defending against liability expansions.
Georgia Tort Reform Efforts
Georgia just enacted major reforms to its tort claims system in an effort to reduce outsize jury awards, reduce costs, and create a more balanced legal environment.
Key provisions of Georgia’s legislation include:
Carriers and policyholders alike are hopeful these types of measures will restore a fair, balanced and predictable legal system.
2025 Claims Roundtable – Workers' Compensation Symposium 2025: Structured Settlements, Case Law Updates, and the Intersection of WC & GL
Thursday, June 5, 2025 | 10:30 am to 3:30 pm Online
Join our TASSC consultant for an in-depth look at structured settlements and their benefits in settling claims, from basic to catastrophic. Additionally, expert outside counsel will address the rise of remote work post-COVID-19, offering guidance on navigating new challenges, case law updates, and the complexities of workers' compensation and general liability claims.
These one-of-a-kind live webinars are led by highly experienced industry faculty and focus exclusively on educating and preparing attorneys, claims and loss control professionals, and risk managers in the energy industry. We encourage you to click here for more information. Registration will open in early May.
