What Will Risk Rating 2.0 Mean for Your Flood Customers?
Risk Rating 2.0 is slated to affect pricing of new National Flood Insurance Program policies as of Oct. 1, 2021 and renewal policies on April 1, 2022.
Month: May 2021
Pending Legislation in Delaware Gains IA&B Committee Attention
The IA&B of Delaware Government Relations Committee met virtually last week to discuss the current legislative session and a number of insurance and business bills that IA&B is tracking.
Independent Contractor Rule Reverts to “Economic Realities Test”
The Final Rule on Independent Contractors will not take effect this month. This may impact classification of your producers and your customers’ Workers’ Compensation coverage and premium audits.
How Do the Latest COVID Measures Impact PA Agencies?
In light of new CDC and Pennsylvania Department of Health guidance, we asked the Pennsylvania Insurance Department to verify any industry-specific requirements or guidelines.
Protections for Workers Who Raise COVID-19 Concerns
OSHA launched a program to protect high-risk workers from coronavirus by
focusing on employers that retaliate against workers with safety concerns.
Safe Harbor for 2020 Expenses Paid with PPP Loans
The safe harbor provides relief to PPP loan recipients who filed their 2020 tax returns and did not deduct business expenses paid with funds from PPP loans.
Small Business Tax Credit for Vaccination Paid Leave
Certain businesses are eligible for tax credits if their employees take paid leave due to COVID, including for vaccinations.
U.S. DOL Issues Cybersecurity Best Practices for Retirement Plans
The Department of Labor announced new guidance for plan sponsors, plan fiduciaries, record keepers, and plan participants on best practices for maintaining cybersecurity.
Pre-Litigation Letters on ADA Website Accessibility Target Agents
More member agencies are receiving attorneys’ pre-litigation demand letters about their websites’ non-compliance. Access and improve your site’s accessibility now in case you’re next.
Revision of ACORD 38 DE
The revised Delaware Personal Insurance Supplement – Notification of Use of Credit Information in Personal Insurance Applications will comply with a state regulatory change.