October 2020

Travelers Cyber Survey Finds Businesses Vulnerable

The 2020 Travelers Risk Index found that 22% of business leaders surveyed reported that their company had been the “victim of a cyber event.” This marks the highest percentage since Travelers’ 2014 inaugural survey. And while those surveyed reported increased cyber concerns, fewer of them took risk mitigation steps than last year. Read more about

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IA&B Recognized for Excellence in Insurance Education

IA&B was honored to receive two Excellence in Insurance Education Diamond Awards for the fourth consecutive year. The awards recognize significant contributions made to insurance education for Big “I” members and the industry and honor association professionals for their accomplishments. The Big “I” presented the awards at a virtual ceremony held during this week’s Education

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Updates on New State-Based Health Insurance Exchange

With the open enrollment period fast approaching, the Pennsylvania Insurance Department last week announced the approved 2021 individual and small group ACA rates, highlighting a decrease in the individual market they attribute to the new state-based exchange and reinsurance program. In a recent press release, Insurance Commissioner Jessica Altman noted that all insurers currently offering

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COVID-19 Liability Waivers

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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Insurance Issues at Play at State Capitol

The state House and Senate return to session on Monday, Oct. 19 for the final three scheduled voting days of the 2019-2020 legislative session (however, there is potential for a post-election, or “sine die” session). With limited time remaining, there are a number of insurance-related issues which may be considered by state lawmakers: ANTI-INDEMNIFICATION IA&B-supported

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Human Resources News, Guidance

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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