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Covering Coronavirus: Risk Considerations Volume 1, Issue 26

EPIC Risk Advisory Bulletin Volume 1, Issue 26 In this issue, we take a focused look at: Supply Chain and Business Risks TSA Extends HME STA Exemption Through End of Year Cargo Theft Spikes Continue FMCSA Outlines Plan for Service Relief, New Pilot Programs Insurance Products and Coverage Information Renewed Effort to Secure Pandemic Insurance for Entertainment Industry Surprising Effect of the Pandemic on Live Events How the Pandemic is Impacting M&A Activity Cybercrime Puts Hospitals in the Crosshairs Presumptive Compensability Update News of Note Human Resources and Employee Benefits OSHA Levies More Than $1.6 Million in Fines …

https://www.epicbrokers.com/insights/covering-coronavirus-risk-considerations-volume-1-issue-26/

Spotlight on The EPL Market 

The Perfect Storm: The COVID Economy and the Movement for Racial Justice The Employment Practices Liability (EPL) market made swift adjustments at the onset of the COVID-19 pandemic. Layoffs, furloughs, pay reductions, and remote work arrangements had EPL underwriters anticipating a significant increase in employment litigation. In anticipation of the increased risk, EPL insurers began increasing rates and retentions, reducing capacity, tightening coverage terms and enhancing the underwriting process. Just as the EPL market was starting to adjust to the COVID economy, a powerful social justice movement, demanding the dismantling of systemic racism, began to gain significant support and …

https://www.epicbrokers.com/insights/spotlight-on-the-epl-market/

EPIC Welcomes Darren Renner to National Private Client Practice

Darren Renner is a dynamic client advocate in claim resolution and risk mitigation. EPIC Insurance Brokers and Consultants announced today that Darren Renner has joined as senior vice president of risk mitigation and claims. In this role, he will oversee claims and risk mitigation in private client and entertainment and sports practices. Based in Greenwich, CT, Renner has built a reputation as an advocate defending various types of liability claims, including personal injury, medical malpractice, legal malpractice and products liability. For the past 25 years, Renner has engaged in high exposure insurance litigation and mediations, where he has engineered a …

https://www.epicbrokers.com/insights/epic-welcomes-darren-renner-national-private-client-practice/

Coronavirus: Risk Considerations Volume 1, Issue 25

EPIC Risk Advisory Bulletin Volume 1, Issue 25 In this issue, we take a focused look at: Insurance Products and Coverage Information Effect of Q3 Losses on Property Renewals Will Property Insurance Respond if Election-Related Protests Turn Violent? Business Liability Immunity and Interruption Update Presumptive Compensability Legislation News of Note Human Resources and Employee Benefits Silver Lining to Remote Working How Workplace Benefits May Reflect Pandemic Realities Paying for Coronavirus Cleaning Supplies and PPE OSHA Publishes Coronavirus Quick Tip Videos Insights from Across the Firm The information presented here is intended to provide a high level overview of critical …

https://www.epicbrokers.com/insights/coronavirus-risk-considerations-volume-1-issue-25/

Lemme Law Firm Best Practices Forum Recap

… expects to see robust claims activity against law firms stemming from the following: Buyer’s Remorse Claims: The types of claims where clients want to get out of regrettable deals and point the finger at their legal service providers to do so. Firms with real estate practices are especially at risk due to failed transactions as a result of the current pandemic. Unworthy Clients: While Underwriters acknowledge that law firms have done a better job of client intake in recent years, there was concern that some clients that were good clients at the time of intake will become unworthy clients …

https://www.epicbrokers.com/insights/lemme-law-firm-best-practices-forum-recap/

Covering Coronavirus: Risk Considerations Volume 1, Issue 24

EPIC Risk Advisory Bulletin Volume 1, Issue 24 In this issue, we take a focused look at: Supply Chain and Business Risks The State of Business Travel Insurance Products and Coverage Information Cyber Attacks are on the Rise Insurance-Linked Securities Rebound from Pandemic Disruption Western Wildfire Losses Presumptive Compensability Legislation News of Note Human Resources and Employee Benefits Coronavirus’ Impact on Healthcare and WC Budgets 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 insurance broker for more in …

https://www.epicbrokers.com/insights/covering-coronavirus-risk-considerations-volume-1-issue-24/

Payroll and Rent Expense Protection

Payroll and Rent Expense Protection (PREP™) Be prepared with PREP Payroll and Rent Expense Protection (PREP) insurance coverage was designed to help American businesses maintain their most valuable assets – their employees and places of business – during periods of pandemic-induced economic distress. In simple terms, when the next wave of COVID-19 or a similar pandemic strikes, and if a government-mandated statewide “shelter in place” order is issued, which impacts an employer’s monthly operating income, PREP can be used by an insured employer to recoup up to 50% of up to two months of its payroll and …

https://www.epicbrokers.com/insights/prep/

Covering Coronavirus: Risk Considerations Volume 1, Issue 23

EPIC Risk Advisory Bulletin Volume 1, Issue 23 In this issue, we take a focused look at: Supply Chain and Business Risks Transportation Deadlines Extended DHS Updates Master Question List for Coronavirus U.S. Outlines Sweeping Vaccine Plan Insurance Products and Coverage Information Business Interruption and the PRIA Presumptive Compensability Legislation News of Note Human Resources and Employee Benefits Return-to-Work Coronavirus Templates HHS Coronavirus Resources for LTC Facilities DOL Regulation Regarding Working Parents and Federal Leave Wage and Overtime Enforcement Suspended for Some Employers The information presented here is intended to provide a high level overview of critical …

https://www.epicbrokers.com/insights/covering-coronavirus-risk-considerations-volume-1-issue-23/