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OSHA Launches National Emphasis Program on COVID-19

National Construction Practice Safety Alert In response to an Executive Order from President Joe Biden, OSHA has launched a National Emphasis Program (NEP) on COVID-19 that focuses enforcement efforts on companies that put the largest number of workers at serious risk of contracting the coronavirus and prioritizes employers that retaliate against workers for complaints about unsafe or healthy conditions, or for exercising other rights protected by federal law. The Executive Order, signed January 21, directs OSHA to consider an emergency temporary standard (ETS) related to COVID-19, and if determined to be necessary, issue it by March 15. To …

https://www.epicbrokers.com/insights/osha-launches-national-emphasis-program-on-covid-19/

Webinar Recording Now Available: Breaking Down the Employee Retention Credit

Webinar Recording Now Available! Learn more about the payroll tax credit now open to recipients of Paycheck Protection Program loans Remote learning is tough. And expensive! Which is why your school should learn more about the Employee Retention Credit (ERC), a refundable payroll tax credit that can be worth up to $33,000 per employee! With the enactment of the Consolidated Appropriations Act of 2021, the ERC was expanded to include recipients of Paycheck Protection Program (PPP) loans. This webinar covered: Criteria for eligibility of the ERC How the ERC applies to schools How to calculate qualified wages How to …

https://www.epicbrokers.com/insights/breaking-down-the-employee-retention-credit/

Spotlight on Law Firm 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 a legal practice, remains as critical as ever to any law firm’s risk transfer strategy. EPL Exposures Unique to Law Firms While law offices are among the workplaces that have transitioned to conducting business via video conferencing, law firms continue to have unique exposures that should be taken into account when considering EPL coverage: Failure to make partner opens the door for …

https://www.epicbrokers.com/insights/spotlight-on-law-firm-employment-practices-liability/

Webinar Recording Now Available: A Mental Health Playbook for Law Firms in 2021

Webinar Recording Now Available! EPIC teamed up with Guide+Thrive to host a Webinar providing actionable tactics law firms should deploy in preparation for Mental Health Awareness Month in May and a return to work in a post-pandemic environment. Burnout and mental health issues, which were already at an all-time high among attorneys, have been compounded during the coronavirus pandemic. A recent study discovered that many employees are planning on quitting their jobs for new opportunities once the pandemic is over, and recruiting efforts ramp up, citing burnout as the main reason they want to quit. Law firms …

https://www.epicbrokers.com/insights/a-mental-health-playbook-for-law-firms-in-2021/

Influencer Marketing: Compliance Considerations for Brands Engaging on Social Media

… than company advertising,2 even highly-regulated financial service brands are investing in influencer marketing campaigns on Instagram, Twitter, Facebook and YouTube. These campaigns can also include celebrity involvement in hybrid and virtual events. Yet, brands and businesses cannot ignore the risks associated with influencer marketing. The potential for reputational risk, as well as various regulatory laws and policies should be considered alongside any potential engagement with influencers – celebrity or otherwise. This includes the Federal Trade Commission (FTC) Social Media Endorsement Guidelines, Federal Financial Institutions Examination Council, Social Media Consumer Compliance and Risk Management Guidance. What are social media influencers …

https://www.epicbrokers.com/insights/influencer-marketing-compliance-considerations-brands-engaging-social-media/

Jeremy Lawson Joins Contingency Risk Practice as Managing Principal

Jeremy “Jez” Lawson has joined the firm as Managing Principal of its expanding Contingency Risk Practice group In his new role, Lawson will act as the key executive overseeing the operations and strategic direction of the firm’s industry-leading contingency insurance practice. This practice provides risk management and specialty insurance brokerage services to a broad range of live entertainment promoters, venues, festivals, touring artists, agencies and production services companies. Reporting to Roger Sandau, Contingency Practice leader based in Austin, TX, Lawson will work closely with the firm’s Entertainment & Sports practice. Lawson will provide support for this critical coverage …

https://www.epicbrokers.com/insights/jeremy-lawson-joins-contingency-risk-practice-managing-principal/

Covering Coronavirus: Risk Considerations Volume 2, Issue 5

EPIC Risk Advisory Bulletin Volume 2, Issue 5 In this issue, we take a focused look at: Supply Chain and Business Risks Cybersecurity Resources Federal Railroad Administration Requires Masks Could Home Tests Bring Business Travel Back? Insurance Products and Coverage Information Business Interruption Presumptive Compensability News of Note Human Resources and Employee Benefits DOL Issues Guidance on Unemployment Benefits OSHA Audit on Pandemic Handling Covering Coronavirus Hospitalization Bills Coronavirus Vaccine Developments Insights from Across the Firm The information presented here is intended to provide a high level overview of critical areas of concern for businesses around coronavirus. Consult your EPIC …

https://www.epicbrokers.com/insights/covering-coronavirus-risk-considerations-volume-2-issue-5/

Lemme Best Practices Alert: New Quality Management Standards for Accounting Firms

… and Assurance Standards Board (IAASB), the standards will add increased compliance complexity to adherence with professional standards and will expose accounting firms that fail to comply to increased scrutiny from regulators and the potential for increased professional liability. Among other new requirements, the standards include significant new requirements such as: Risk assessment – identification of quality objectives, risks and responses Monitoring – increased monitoring of the overall system of quality management above and beyond the inspection of completed engagements Annual evaluation of the effectiveness of a firm’s system of quality management Implementation of the new quality management standards present a significant …

https://www.epicbrokers.com/insights/lemme-best-practices-alert-new-quality-management-standards-accounting-firms/