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California Standards Board Passes Sweeping Cal/OSHA Emergency COVID-19 Prevention Regulation

On November 19, 2020, the Cal/OSHA Standards Board, despite objections from employers, trade associations and business groups, approved an emergency regulation pertaining to the policies and protocols employers will be required to comply with around COVID-19 prevention. The regulation was drafted through the emergency hearing process. Unlike past emergency regulations, no advisory board was created to allow stakeholders to provide feedback/comments about the requirements.  The draft of the emergency regulation will be sent to the Office of Administrative Law (OAL) for review followed by five days during which stakeholders may submit comments. Once the OAL adopts the …

https://www.epicbrokers.com/insights/california-standards-board/

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/

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/

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/

EPIC Welcomes Jack Lennon to Its Healthcare Practice

Adds to risk transfer and alternative risk financing capabilities Edgewood Healthcare Advisors, a division of EPIC Insurance Brokers and Consultants, announced that Jack Lennon has joined as principal in its Boston office. Lennon brings unique skills and experience in providing risk transfer and alternative risk financing solutions to healthcare, life science and pharmaceutical clients. Based in Boston, Lennon will support Edgewood’s services to academic and community hospitals, as well as to physician groups regionally and across the nation. His expertise includes helping various healthcare verticals achieve financial stability through ‘Enterprise Risk Management.’ Lennon also brings decades of experience related …

https://www.epicbrokers.com/insights/epic-welcomes-jack-lennon-healthcare-practice/

EPIC Adds Andrew Glisson to Energy Practice

The addition of Andrew Glisson further strengthens Energy Practice in the Southwest EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that Andrew Glisson has joined as principal. Glisson will focus on the design, placement and management of insurance programs and solutions for mid-market and large clients in the Energy sector. He will also have responsibility for new business development. Glisson joins EPIC from Marsh, through its acquisition of JLT, where he spent the past six years as senior vice president. He also served as vice president at Upstream Brokers …

https://www.epicbrokers.com/insights/epic-adds-andrew-glisson-to-energy-practice/

How a Major Discount Retailer is Transforming Its Culture

Be Intentional About Safety Custom, frequent and consistent safety messaging is transforming culture across a discount retailer’s diverse, distributed audience. A major discount retailer with five distribution centers and around 3,000 employees kept experiencing high volumes of safety-related incidents and workers’ compensation claims. With a very diverse population spread across the country, they knew they needed help launching a strategic Safety Awareness Program before they could expect to change behavior and benefit from lasting results. It Pays to Be Thoughtfully Committed Our team immediately performed an assessment, looking into current perceptions, culture, safety messages and the communications …

https://www.epicbrokers.com/insights/how-a-major-discount-retailer-is-transforming-its-culture/