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 ...
June 22, 2021
With Cyber Attacks On the Rise, Multi-factor Authentication (MFA) Measures are Necessary to Safeguard Your Organization
Having proper Multi-factor Authentication (MFA) protocols in place does not eliminate the need for insurance but it can lessen the cost and loss potential dramatically. With ransomware attacks and bus...
June 15, 2021
Key Considerations Before and After a Hurricane
With hurricane season officially underway – and an overactive one anticipated once again – business leaders and property owners need to ensure they are adequately prepared from an insuranc...
May 17, 2021
FEMA Risk Rating 2.0
In 1968, the National Flood Insurance Program (NFIP) was created to help provide property owners the ability to purchase sufficient insurance to protect themselves from the potentially devastating dam...
May 10, 2021
Fiduciaries of All Retirement Plans - Beware of Excess Fee Claims
Employers that sponsor retirement plans should be concerned about potential liability for excessive fee claims. The fiduciaries of a retirement plan have a duty to ensure that plan investment manageme...
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...
March 18, 2021
Employer Control of Medical Care in New Jersey Under Attack
Employers in New Jersey have long controlled workers compensation costs by having some measure of control over the medical care supplied to their employees for work-related injuries. A recent New Jers...
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 ...