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Friday, November 13, 2020
Numerous events and circumstances have led to a hardening insurance market for many coverage lines. Property insurance suffered from these effects more than other lines and faced additional challenges in 2020 with wildfires, hurricanes, and COVID-19.
Tuesday, November 10, 2020
Because manufacturers and distributors don’t handle much consumer data (personally identifiable information), and many do not frequently transact credit card payments, there is a common misconception that they don’t have a bona fide cyber exposure.
Tuesday, November 3, 2020
As if dodging the punches of a global pandemic isn’t hard enough, maritime operators and cargo shippers continue to take shots on the chin in the insurance marketplace, both in the U.S. and throughout Lloyd’s of London.
Thursday, October 29, 2020
The commercial automobile insurance market continues to harden due to rising medical costs, a shortage of experienced drivers, distracted driving, and increases in non-owned & hired auto exposures.
Thursday, October 29, 2020
In Revenue Procedure 2020-45, the IRS sets forth a variety of 2021 adjusted tax limits. Among other things, the notice indicates that employee contribution limits toward health flexible spending arrangements (FSAs) and qualified transportation fringe benefits are unchanged for 2021.
Tuesday, October 27, 2020
As the reality of COVID-19 set in, many Americans were questioning how they would cope without paid sick leave if they got ill.
Tuesday, October 20, 2020
The SARS-CoV-2 pandemic has had a far reach, impacting every business and individual in this country. As we head into the fall season, it appears that infection rates are increasing with more time spent indoors.
Monday, October 12, 2020
IRS Notice 2020-76 once again extends the due date to March 2nd, 2021 for providing Form 1095s to individuals and is allowing Form 1095-Bs to be made available upon request rather than requiring individual delivery.
Monday, October 5, 2020
In times of COVID-19, many insurance carriers are seeking to clarify coverage for biologically related liability risks on commercial insurance policies.
Monday, September 28, 2020
California recently released draft reporting instructions to assist employers and other entities that are subject to reporting requirements under California’s individual mandate.
Friday, September 25, 2020
On 9/17/20, Governor Newsom signed Senate Bill 1159 into law. SB 1159 follows the original Executive Order from the Governor, which is now known as LC 3212.86.
Friday, September 18, 2020
Employers with group health plans that provide prescription drug coverage to individuals who are eligible for Medicare Part D must comply with certain disclosure requirements.