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Compliance Alert: IRS Releases PCORI Fee For Plan Years Ending Before October 1, 2021The IRS has recently set the applicable PCORI fee for plan years ending between October 1, 2020 and September 30, 2021.View Insight
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Solera and the Delaware Supreme Court: Appraisal Rights Litigation Not Covered by D&O InsuranceM&A transactions are sometimes accompanied by appraisal rights litigation. Learn how this will impact your D&O insurance policy.View Insight
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Press ReleaseDan Burke Joins Woodruff Sawyer
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How SPAC Exuberance Led to a Perfect Storm in D&O Insurance2020 has seen exponential growth in of SPACs going public and merging with well-known targets. However, the cost of D&O insurance for SPACs also jumped.View Insight
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The Effect of Your Experience Modification Rating (EMR) on Your CompanyHere you'll learn what an Experience Modification Rating (EMR) is, why it's important, and how it can be lowered.View Insight
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Press ReleaseWoodruff Sawyer Announces New Leadership Roles in Boston Office
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You Can Outsource a Service, but Not Cyber RiskMost businesses today have outsourced services and handed over their data to third parties in some capacity, but they can’t outsource their cyber risk.View Insight
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I Had to Evacuate My Home During a Wildfire. Here's What I Learned.Woodruff Sawyer's Mollie DeHut found her and her family facing evacuation due to wildfire. Read her advice for how to be ready for a wildfire evacuation, including what you need to satisfy insurers should the unthinkable happen and your home be lost.View Insight
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Gearing Up for the Next Wave of SEC WhistleblowersThe SEC’s whistleblower program paid $175 million to 39 people in 2020 and finalized recent amendments to its whistleblower rules.View Insight
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COVID-19 Exclusions Continue to Play a Major Role in RWI, Driving up PricingA typical RWI policy contains several standard exclusions for things like known issues, covenants, and liability arising from pension underfunding and asbestos. However, COVID-19 introduced a new exclusion.View Insight
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Protecting Directors and Officers Against Post-Acquisition Claims: D&O Tail PoliciesImagine that you you find out you're being sued for actions you took before a company you sit on the board for was acquired. Further, after being acquired, your company also stopped paying D&O Insurance premiums. You now face litigation and are at serious risk. A "run-off" or a "tail policy," an extension of D&O insurance policies for a period after the normal expiration date, could help you mitigate that risk.View Insight
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Compliance Alert: IRS Maintains Health FSA Contribution Limit for 2021, Adjusts Other Benefit LimitsThe IRS released Revenue Procedure 2020-45, which maintains the 2020 health FSA salary reduction contribution limit of $2,750 for plan years beginning in 2021. Read more about this, as well as other reminders and adjustments related to commuter benefits, adoption assistance, QSEHRA, and ACA reporting penalties.View Insight