March 09, 2022
State of the 2022 Insurance Market
The business world has evolved in the two years that have passed since the onset of the COVID pandemic. For those of us in the business of insurance and risk management the challenges have continued t...
July 01, 2021
Special Purpose Acquisition Companies (“SPACs”): A Unique Challenge for Directors and Officers Liability Insurance Programs
What is a SPAC? A SPAC, or “blank-check company,” is a shell company formed with the intent of raising capital through an Initial Public Offering (“IPO”) for the sole purpose ...
April 01, 2021
Pennsylvania State Court Grants Summary Judgment in Favor of Dental Practice Seeking Coverage for Business Income Losses Caused by the COVID-19 Pandemic
In what appears to be the first Pennsylvania State Court ruling which addresses in detail the “physical loss of or damage to” hurdle for COVID-19 business interruption claims in property p...
March 30, 2021
Federal OSHA COVID-19 related Complaints and Inspections
OSHA has published statistics on their response to the COVID-19 Pandemic. According to the OSHA COVID-19 Response summary, between February 1, 2020 and March 7, 2021 Federal OSHA has received at total...
February 08, 2021
Do I need to report work-related COVID-19 hospitalizations or deaths?
On January 1, 2015, OSHA established the latest requirements for reporting work-related deaths and work-related hospitalizations. The COVID-19 pandemic has not changed any of those requirements. Accor...
February 03, 2021
Can your organization survive an uninsured Ransomware event?
If you're not prepared your renewal might not include this critical coverage. Every year we say the cyber insurance market is evolving. While it sounds redundant, it remains true. Years ago, the prio...
January 12, 2021
4th Quarter 2020 Compliance Recap
The final quarter of 2020 was perhaps the most “normal” with respect to all issues compliance- and benefits-related. We saw the typical updates of federal limits for various benefits/fees and...
January 06, 2021
Significant Benefits Issues in New COVID-19 Relief Legislation
The COVID-19 relief bill recently passed by Congress contains several important employee benefit-related provisions, including restrictions on “surprise medical bills,” new plan and health co...
December 17, 2020
How to Approach Renewals in a Hard Market
A year ago, it would have been hard to imagine a world that looks like the one we are living in today. Pricing in the commercial insurance market was already “hardening” for a number of reaso...
December 17, 2020
Holiday Safe Shopping
While the Holidays are known as the “Season of Giving Gifts,” this time of year is quickly also becoming known as the “Season of Giving away Personal Information.” Cyber criminals strike when...
November 11, 2020
Employee Benefits needs are changing amid the COVID-19 Pandemic
A key shift in day-to-day operations for employee benefits in the corporate workforce since the onset of the COVID-19 pandemic is the increased usage of technology. Born out of necessity and ...
November 09, 2020
New Jersey Executive Order 192
Last week, New Jersey Governor, Phil Murphy issued Executive Order 192 to expand health and safety requirements for public and private businesses in all industries* effective at 6:00 am on Th...
October 27, 2020
CDC Redefines “Close Contact”
What changed? The CDC updated the guidance on how COVID-19 may be spread to uninfected people based on recent study findings. The CDC changed the definition of “close contact” as it relates t...
October 26, 2020
A Crack in the Armor of Physical Loss or Damage Requirements in Business Income Loss Policies
A North Carolina judge has issued what looks to be the first decision finding that property policies “provide coverage for Business Income and Extra Expenses for [businessowners’] loss of use...
October 19, 2020
Using Paycheck Protection Program Loan Contingency Insurance as a Hedge
As companies who received Paycheck Protection Program (PPP) loans are considering whether to seek forgiveness of those loans, they should also consider whether to hedge that forgiveness with ...