We will continue to add resources as they become available.
Executive Order – State of New York:
Continuing Temporary Suspension and Modification Laws Relating to the Disaster Emergency
Insurer Practices During the COVID-19 Pandemic
World Health Organization:
Information and guidance on coronavirus (COVID-19)
Center for Disease Control (CDC):
Guidance on Exposure & Reporting
Business Pandemic Influenza Planning Checklist
Coronavirus Information for Travel
Emory University, School of Medicine – Department of Emergency Medicine:
Guidelines:
OSHA Region VIII Compliance Assistance Newsletter:
US Chamber of Commerce:
Coronavirus Emergency Loans – Small Business Guide and Checklist
Paycheck Protection Program
In The Know:
CARES Act: Small Business Loan Overview (April 2020)
In The Know:
Understanding the Historic $2 Trillion Stimulus Package (March 2020)
In The Know:
News Brief:
Treasury Secretary Says More Funding Coming for Small Businesses (April 2020)
News Brief:
Agreement Reportedly Reached on Newest Coronavirus Aid Package (April 2020)
News Brief:
House of Representatives Approves $484 Billion Coronavirus Relief Package (April 2020)
News Brief:
Senate Passes $2 Trillion Coronavirus Relief Bill (March 2020)
Know Your Benefits:
Coronavirus Stimulus Direct Payments FAQ
Benefits Bulletin:
Benefits Bulletin:
COVID-19 Scenarios and Benefits Available Table
Benefits Bulletin:
U.S. Department of Labor Issues COVID-19 Relief for Employee Benefit Plans (April 30, 2020)
Benefits Bulletin:
FAQs for COVID-19 & Group Health Plans (April 17, 2020)
Benefits Bulletin:
CARES Act – What Employers Need to Know (March 30, 2020)
Benefits Weekly Digest:
Benefits Weekly Digest:
Payroll Tax Credits Under the FFCRA and the CARES Act (April 14, 2020)
Benefits Weekly Digest:
COVID-19 Guidance and Legislation for Employer-Sponsored Group Health Plan (March 31, 2020)
Benefits Brief:
Group Health Plan Dependent Eligibility Audit (April 2020)
Weekly Digest:
CARES Act Makes Changes for Retirement Plans (April 2020
Acrisure Agency Partner – Cowden Insights:
COVID-19: Health and Welfare Strategies for Taft-Hartley Funds (April 7, 2020)
Acrisure Agency Partner – Cowden Insights:
CARES Act Impact On Executive Pay, Dividends, and Stock Buyback Program (April 1, 2020)
Acrisure Agency Partner – Cowden Insights:
Legal Update:
CDC Expands List of Coronavirus (COVID-19) Symptoms (April 2020)
Meditation & Mental Health During the COVID-19 Pandemic (April 2020)
HR Insights:
Designing a post coronvirus workplace (April 2020)
Weekly Digest:
HR Insights:
Preventing Remote Employee Burnout During the COVID-19 Pandemic (April 2020)
HR Insights:
Responding to an Employee’s Positive Coronavirus Test (March 2020)
Interim Guidance for Businesses and Employers to Plan and Respond to COVID-19
5 Tips for Onboarding Employees Remotely During the Coronavirus Pandemic (March 2020)
In an effort to curb the spread of COVID-19, governments and authorities globally have closed venues such as theaters, museums, gyms, among others. This is a unique situation in which closures and “social distancing” will impact businesses directly and indirectly.
It is anticipated that most claims will likely be tied to income losses from indirect exposures such as supply chain or civil authority-related impacts. This includes the disruption of supply chain, slowdown, or in some instances, complete breakdown.
MANAGEMENT LIABILITY (E&O, D&O, EPLI)
In addition to general liability coverage, many companies may hold errors and omissions (“E&O”) coverage or other professional liability coverage. These specialized insurance policies are meant to protect against damages arising out of the provision of, or failure to provide, certain services.
WORKERS’ COMPENSATION & EMPLOYER LIABILITY
Claims related to communicable and contagious diseases are not generally the intent of workers’ compensation coverage and related statutes. Exceptions may occur depending on how a disease like COVID-19 is contracted.
Companies should be as proactive as possible in addressing and minimizing risks for their employees. The Occupational Safety and Health Administration (OSHA) recently published Guidance on Preparing Workplaces for COVID-19, categorizing workplaces according to risk and outlining steps employers can take to help protect their workforce.
Most life insurance policies will not be impacted by COVID-19. Once a life insurance policy is in force and premiums are paid, the policy will pay out to beneficiaries for most types of death, including death from COVID-19.
Thus far, it appears that COVID-19 is having more of a social and economic impact than it is direct physical damage on commercial autos. While current commercial auto policies will cover physical damage on cargo and commercial autos, including the driver, it is likely that most commercial auto policies will not cover COVID-19 impacts in any meaningful way.
COVID-19 is having a significant impact on the aviation industry as private and public sectors impose travel and flight restrictions to curb the spread of the virus.
In the surety market, underwriters are likely to reduce their support for companies that are unable to sustain themselves through this period of business interruption, particularly if the return to normal economic activity is delayed.
The longer the persistence of the COVID-19 threat, the more likely it will be a consideration during renewal or buying discussions. Brokers and underwriters should be aware of the changing market dynamics related to any potential impacted coverages.
UNDERSTANDING, MITIGATING AND MANAGING RISK POTENTIAL
In addition to following the CDC’s interim guidance, organizations should proactively identify the concerns of their clients and ensure that the organization has done all that it can to ensure the safety of their clients and consistent delivery of product or services they need and expect. As COVID-19 continues to develop daily, employers must make sure clients are informed with any updates.
As part of Acrisure’s effort to assist clients through the COVID-19 pandemic, we are partnering with Hector Barreto, the former Administrator of the U.S. Small Business Administration. With the broad economic impact of COVID-19 related shut downs, we know many clients have an interest in learning more about the Coronavirus Aid, Relief and Economic Security Act (CARES) and other elements of the economic response to COVID-19. This space contains information to join and access on-demand replays for these webinars.
The U.S. Department of Labor recently issued regulations under the Families First Coronavirus Response Act, providing employers with information to help them meet their new paid leave requirements under the law. Due to this recent development, we have decided to replace our FMLA webinar this week with these more timely developments. The event is an on-demand webcast, which will provide you the flexibility to watch our presentation at your convenience.
Learn about resources that provide small businesses with working capital loans that can provide vital economic support to small business to help overcome the temporary loss of revenue they are experiencing.
Learn about resources that provide small businesses with working capital loans that can provide vital economic support to small business to help overcome the temporary loss of revenue they are experiencing.
Learn about resources that provide small businesses with working capital loans that can provide vital economic support to small business to help overcome the temporary loss of revenue they are experiencing.