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EPIC Welcomes Peter Schmitz

… in private and commercial flight create new priorities for the aviation industry. Schmitz’s leadership will support EPIC’s comprehensive, tailored risk management programs for aviators in a broad variety of sectors, including corporate and charter aircraft, FBOs, and regional airlines. Schmitz’s track record of market strategy, P&L management, and direction of cross-functional teams will complement the integrated, comprehensive services of EPIC’s aviation practice. “We couldn’t be more proud to have aligned with Pete to help support the aviation needs of our clients and the overall risk management practice of EPIC as we continue to …

https://www.epicbrokers.com/insights/epic-welcomes-peter-schmitz/

Senior Care Insurance Market Update

A Disorganized Market Cycle Overview Leading up to 2020, the senior care professional liability insurance market was already hardening due to deteriorating loss trends and multiple carriers exiting the market. As COVID-19 struck this vulnerable population, the capacity in the market was heavily strained as pandemic exclusions and 50-100%+ rate increases became the standard of the limited carriers that continued to write business throughout the pandemic waves. This difficult trend continued through the end of 2021. At the beginning of 2022, there were multiple new or returning entrants to the market, new Risk Retention Groups (RRG) formed, and …

https://www.epicbrokers.com/insights/senior-care-insurance-market-update/

EPIC Welcomes Natalie Bailey

Bailey Further Expands Texas P&C Practice EPIC is thrilled to announce that Natalie Bailey has joined the firm as a Principal within our growing P&C team in Houston. In her new role with EPIC, Bailey will be a trusted advisor to individuals, families, business owners and executives to develop competitive and efficient insurance solutions. Bailey joins EPIC from Risk Strategies Company, serving as the Vice President since November 2020. Throughout Bailey’s 13-year career, she has remained committed to serving and empowering her clients by carefully assessing their needs. “We are excited to have Natalie join the …

https://www.epicbrokers.com/insights/epic-welcomes-natalie-bailey/

EPIC Welcomes Bri Grill

… prospective clients in the trucking and auto dealer industries. We are excited to have Bri as a part of one of the fasting-growing segments of our business in the Northeast,” said Mark Fitzgerald, Northeast Regional Sales Leader. Bri also brings a unique level of experience to start-ups, notably subscription services and the gig economy. Working on the unique risk in this area, she customizes policies specialized to the client’s needs and designs programs for clients looking to enter this space. Bri is based in EPIC’s Melville, New York office. Learn more about our Auto Dealer Practice.

https://www.epicbrokers.com/insights/epic-welcomes-bri-grill/

Workers' Compensation - New Laws, New Requirements

On September 30th, Governor Newsom signed several bills that will go into effect on January 1, 2023. During the webinar, we will discuss each bill and how these bills will impact California employers. Additionally, we will provide updates on other important matters and legislative updates. Learn about: New Bills AB 1751 extends a previous rebuttable presumption established for workers’ compensation purposes for COVID-19 AB 2693 extends the statutory COVID-19 notice requirements until Jan. 1, 2024 AB 152 which extends COVID-19 Supplemental Paid Sick Leave SB 1127 also significantly expands statutory presumptions for law enforcement. Post-Pandemic/COVID …

https://www.epicbrokers.com/insights/workers-compensation-new-laws-requirements/

EPIC Welcomes New Hires in Northeast Region

Firm’s Northeast Region Continues to Grow with Strategic Hires EPIC is thrilled to welcome our New York metro area new hires: Brandon Liebeskind, Vice President, Dan Grishman, Principal, Mark Karagus, Principal, Jackson Milne, Principal. Liebeskind joins EPIC Insurance Brokers & Consultants as Vice President, Property & Casualty. Brandon will focus on real estate and development. He currently serves on the Board of the Property Owners Association of New Jersey offering guidance on risk transfer, loss control, and claims management strategies. Liebeskind provides seminars on insurance, risk management, and disaster planning related to residential and commercial real estate. Grishman, Karagus and Milne …

https://www.epicbrokers.com/insights/epic-welcomes-northeast-region-new-hires/

The Cyber Insurance Market: Is There Light at the End of the Tunnel?

… rate increases still vary widely based on company size, industry, claim activity, and the extent of security controls. Large organizations and certain industry sectors are still struggling with significant increases. Still Looking for Skin in the Game Most cyber insurers still rely on high retention and deductibles to spread the risk with the policyholder. However, today, high retention is more likely to be accompanied by a premium credit of some sort. Capacity Reemerging For the first time in almost two years, carriers are reemerging with offers of $10 million limits on primary layers, along with pricing that (in some instances …

https://www.epicbrokers.com/insights/cyber-insurance-market/

The Healthcare Industry Grapples with Misconfigured Meta Pixel

Many healthcare organizations are facing legal scrutiny over alleged improper gathering and disclosure of sensitive information via a tracker called the Facebook/Meta Pixel (“Meta Pixel”). An investigation by The Markup in June 2022 found that 33 of the top 100 hospitals in the United States use the Meta Pixel on their websites. A Meta Pixel is a small piece of JavaScript code, commonly referred to as a web beacon, that allows you to track visitor activity on your website. Many hospitals and health systems have these web beacons embedded on their websites and inside password-protected patient portals. According …

https://www.epicbrokers.com/insights/healthcare-industry-meta-pixel/