SEARCH

Showing 575 results found

Spotlight on Accounting Firms Employment Practices Liability

… and movements for racial justice have elevated awareness of inequality issues in the workplace, with justice often being sought through employment litigation. Consequently, a broad Employment Practices Liability (EPL) insurance program, tailored to the unique requirements of an accounting firm, remains as critical as ever to any accounting firm’s risk transfer strategy. EPL Exposures Unique to Accounting Firms While accounting firms are among the workplaces that have transitioned to conducting business via video conferencing, they continue to have unique exposures that should be taken into account when considering EPL coverage: Failure to make partner opens the door for potential …

https://www.epicbrokers.com/insights/spotlight-on-accounting-firms-employment-practices-liability/

Nanuwa named as Chief Marketing Officer

EPIC Insurance Brokers & Consultants announced today the appointment of Sapana Nanuwa as Chief Marketing Officer. In this executive position, Nanuwa will lead the company’s marketing programs, brand recognition, public relations activity, and corporate communications in support of the company’s strategic plan. Nanuwa will join the EPIC senior leadership team and report to CEO Steve Denton. “We have grown exponentially in the past couple of years, and Sapana’s experience will greatly help us continue to drive and manage this growth,” said Steve Denton, CEO of EPIC Insurance Brokers & Consultants. “Her global background in developing brand strategies, enabling effective …

https://www.epicbrokers.com/insights/nanuwa-named-chief-marketing-officer/

National Construction Practice Safety Alert

National Construction Practice Safety Alert On Thursday, June 17, the Cal/OSHA Standards Board voted to pass the revised Emergency Temporary Standard (ETS) that was originally promulgated in late November 2020. Soon after the vote, Governor Gavin Newsom issued an executive order enabling the revisions to take effect without the normal 10-day approval period by the state Office of Administrative Law. The newly passed language aligns more closely with the latest recommendations from the Center for Disease Control and Prevention (CDC) and the California Department of Public Health (CDPH) as well as with June 15 reopening of the California …

https://www.epicbrokers.com/insights/national-construction-safety-alert/

OSHA Releases New Coronavirus Emergency Temporary Standard

… that is aligned with guidance from the Centers for Disease Control (CDC). The general guidance states that “unless otherwise required by federal, state, local, tribal or territorial laws, rules and regulations, most employers no longer need to take steps to protect their fully vaccinated workers who are not otherwise at risk from coronavirus exposure.” The guidance, which is advisory in nature, recommends mask wearing and other protections for unvaccinated and at-risk workers across a broad array of sectors, including manufacturing, meat and seafood processing, retail and grocery. Emergency Temporary Standard www.osha.gov/coronavirus/ets The New General Guidance …

https://www.epicbrokers.com/insights/osha-releases-new-coronavirus-emergency-temporary-standard/

Cybersecurity Executive Order Recommends 5 Best Practices for Firms

… as many ransomware attacks attempt to encrypt or delete accessible backups. Storing backups offline allows an organization to restore its systems, even when networks are encrypted with ransomware. Update and patch systems promptly. Include operating systems, applications and firmware in the timely updating of security patches. Consider a centralized patch management system and use a risk-based assessment strategy to drive patch management. Test incident response plans. Testing is critical to identifying security gaps. Run through core questions and use answers to build a response plan. Good questions to ask include: Can business operations be sustained without access to certain …

https://www.epicbrokers.com/insights/cybersecurity-executive-order-recommends-5-best-practices-for-firms/

Operation Safe Driver is Coming

… SMS), which may cause scores to increase significantly. Score increases may result in roadside inspection targeting of operations – another opportunity to identify violations, penalties, and OOS issues. All this information is used during the insurance renewal process when a company’s performance is scrutinized to determine if it is managing risk effectively. This can have a significant impact on insurance premiums. The key is to manage this process effectively by ensuring drivers operate safely and avoid doing anything that attracts the attention of enforcement. How to Prepare The FMCSA released the latest Safety Measurement System (SMS) results this week, which …

https://www.epicbrokers.com/insights/operation-safe-driver-is-coming/

FMCSA Extends Two Waivers Affecting Commercial Motor Vehicle Operators

To provide flexibility to Commercial Motor Vehicle (CMV) operators in light of the coronavirus pandemic, the Federal Motor Carrier Safety Administration (FMCSA) announced in February that several waivers would be extended on the exemption for delivery of critical supplies, expiring Commercial Driver’s Licenses (CDLs) and Commercial Learner’s Permits (CLPs).  These waivers expired May 31, however, the continuing impact of coronavirus on supply chains and State Driver Licensing Agencies (SDLAs) led the FMCSA to extend the waivers again. Qualifying CMV drivers have until August 31, 2021, to operate under these new waivers, although the FMCSA could modify or terminate …

https://www.epicbrokers.com/insights/fmcsa-extends-two-waivers-affecting-commercial-motor-vehicle-operators/

What’s Wrong With the Weather?

The past 15 months have been challenging for businesses and property, with the coronavirus pandemic creating massive disruptions and losses. For insureds in the Mid-Atlantic region, which experienced a more active hurricane season than normal, those losses were compounded. As businesses reopen and prepare to resume pre-pandemic operation levels, it is essential to consider what interruptions severe weather may introduce throughout the year and how weather trends may impact insurance renewals. Climate vs. Weather Weather and climate are not interchangeable terms, despite common usage. Weather involves a specific set of conditions like rain, sun, temperature and humidity. Climate …

https://www.epicbrokers.com/insights/whats-wrong-with-the-weather/