Knowledge Center

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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 ...

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October 13, 2020

California Senate Bill 1159 – Workers Compensation Presumption and New Reporting Requirements

On September 17, 2020, California Governor Gavin Newsom signed into law Senate Bill 1159 (“SB 1159”) which modifies and extends the Governor’s Executive Order from earlier this year, creating...