If a lender requests a copy of the Replacement Cost estimate for a property on which they will provide a loan, should you provide it? The best practice would be not to comply. If you choose to do so, however, we would encourage you to take some precautions, as indicated below.First, let’s look at the […]
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As businesses, including independent insurance agencies, bring staff back into their offices, the concept of asking employees to sign a COVID-19 liability waiver is becoming more common. What is a Liability Waiver? When we conjure up the concept of a liability waiver, we typically think of a pre-event liability waiver. This is an agreement between
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Stay informed of the changing human resources landscape – and the case law, legislation, and regulations that alter it – by reviewing our HR Bulletins, a running tab of state and federal updates. Read more about these recent updates by visiting our HR Bulletin webpage and scrolling to the appropriate number. FED #24 – Joint
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If you write through the National Flood Insurance Program (NFIP), take note of the forthcoming program changes, including: EFFECTIVE APRIL 1, 2021 Updated premium rates Updated Community Rating System EFFECTIVE JAN 1, 2022 Updated base premiums for Preferred Risk Policies and policies rated under the Newly Mapped Procedure Updated premium multiplier tables for policies rated
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The Delaware Department of Insurance (DOI) updated Universally Applicable Bulletin No. 5, which outlines the Delaware Insurance Data Security Act requirements. The updates include: A change to the DOI’s email address (now doidatasecurity@delaware.gov), where notices of a data breach are sent The addition of a requirement to for insurers to submit an annual certification of
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The Delaware Department of Insurance (DOI) updated Universally Applicable Bulletin No. 5, which outlines the Delaware Insurance Data Security Act requirements. The updates include: A change to the DOI’s email address (now doidatasecurity@delaware.gov), where notices of a data breach are sent The addition of a requirement to for insurers to submit an annual certification of
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Employers’ responsibilities under the paid leave provisions of the Families First Coronavirus Response Act (FFCRA) are undergoing changes. Following enactment of the law, the U.S. Department of Labor adopted a Temporary Rule to implement the FFCRA. A recent court decision found certain portions of the Rule invalid, and modifications were made. As a reminder, the
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