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Cybercriminals’ Newest Target: Manufacturers and Distributors

Because manufacturers and distributors don’t handle much consumer data (personally identifiable information), and many do not frequently transact credit card payments, there is a common misconception that they don’t have a bona fide cyber exposure.

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Market Update: Marine Insurance

As if dodging the punches of a global pandemic isn’t hard enough, maritime operators and cargo shippers continue to take shots on the chin in the insurance marketplace, both in the U.S. and throughout Lloyd’s of London.

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Risk Analysis: Company-owned Vehicles vs. Auto Allowance

The commercial automobile insurance market continues to harden due to rising medical costs, a shortage of experienced drivers, distracted driving, and increases in non-owned & hired auto exposures.

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IRS Announces 2021 Health FSA & Qualified Transportation Limits

In Revenue Procedure 2020-45, the IRS sets forth a variety of 2021 adjusted tax limits. Among other things, the notice indicates that employee contribution limits toward health flexible spending arrangements (FSAs) and qualified transportation fringe benefits are unchanged for 2021.

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Why You Should Be Evaluating Your Company’s Disability Insurance Offering in Light of the COVID-19 Pandemic

As the reality of COVID-19 set in, many Americans were questioning how they would cope without paid sick leave if they got ill.

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Oregon OSHA Issues New COVID-19 Regulation

The SARS-CoV-2 pandemic has had a far reach, impacting every business and individual in this country. As we head into the fall season, it appears that infection rates are increasing with more time spent indoors.

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2020 Employer Reporting – Slight Extension & Transition Relief

IRS Notice 2020-76 once again extends the due date to March 2nd, 2021 for providing Form 1095s to individuals and is allowing Form 1095-Bs to be made available upon request rather than requiring individual delivery.

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The Return of the Communicable Disease Exclusion

In times of COVID-19, many insurance carriers are seeking to clarify coverage for biologically related liability risks on commercial insurance policies.

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California Releases Draft Employer Reporting Instructions

California recently released draft reporting instructions to assist employers and other entities that are subject to reporting requirements under California’s individual mandate.

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California Workers’ Compensation Senate Bill 1159 Summary

On 9/17/20, Governor Newsom signed Senate Bill 1159 into law. SB 1159 follows the original Executive Order from the Governor, which is now known as LC 3212.86.

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Medicare Part D Notice Reminder:
Deadline of October 14th

Employers with group health plans that provide prescription drug coverage to individuals who are eligible for Medicare Part D must comply with certain disclosure requirements.

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Preventing Builder’s Risk Claims

Builder’s risk insurance is a property policy purchased by building owners, developers, or general contractors to cover a loss of all or part of a building or building materials during construction. While there can be many perils…

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