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Payment Impersonation Fraud: Why Is This Common Cyber Problem Not a Valid Cyber Claim?No longer can you depend on spotting a fake email by its bad grammar. Fraudsters are able to impersonate an executive to request a fraudulent payment—into the hundreds of thousands of dollars. But would these losses fall under your cyber liability coverage? More on coverage and how can you protect yourself here.View Insight
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How a Recent Ruling May Affect Insurance Coverage for Wage & Hour ClaimsMany wage and hour claims are specifically excluded in Employment Practices Liability (EPL) insurance policies, but a recent case in California demonstrates the exclusions may have some grey areas, causing insureds and carriers alike to re-examine the precise language in their EPL policies.View Insight
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Press ReleaseNeovia Joins Woodruff Sawyer
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Compliance Alert: IRS Releases Draft 2019 ACA Reporting Forms and InstructionsThe IRS has released draft forms and instructions for the 2019 B-Series and C-Series reporting forms (Forms 1094-B, 1095-B, 1094-C and 1095-C) used by employers and coverage providers to report certain information to full-time employees and the Internal Revenue Service (IRS). In this compliance alert, you'll receive background information on added sections to the Affordable Care Act as well as a more in-depth explanation of reporting under these new draft forms.View Insight
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M&A: Reducing the Buyer's Retirement Plan Fiduciary ExposureThis insight discusses some recurring issues under the Employee Retirement Income Security Act (ERISA) and the US Internal Revenue Code (Code) with which plan sponsors and their fiduciaries should be familiar and ready to address when their companies are engaged in a corporate transaction.View Insight
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Press ReleaseWoodruff Sawyer Names Andy Barrengos as Chief Executive Officer
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Are Corporate Board Observers Liable Just Like Directors?We examine the court’s findings in a recent legal case about the position of board observers, and its implications for corporate D&O policies.View Insight
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Compliance Alert: IRS Increases Health FSA Contribution Limit for 2020, Adjusts Other Benefit LimitsOn November 6, 2019, the Internal Revenue Service (IRS) released Revenue Procedure 2019-44, which raises the health Flexible Spending Account (FSA) salary reduction contribution limit by $50 to $2,750 for plan years beginning in 2020. The Revenue Procedure also contains the cost-of-living adjustments that apply to dollar limitations in certain sections of the Internal Revenue Code.View Insight
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Catastrophe Buyers Seeking Alternatives in the Alternative MarketIn this Insight you'll find elaborations on nomenclature of alternative markets/capital, third-party capital, non-traditional (re)insurance, and the Insurance-Linked Securities (ILS) market.View Insight
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The California Consumer Privacy Act (CCPA) and Your Cyber CoverageAfter January 1st, 2020, many companies with customers in California will need to be compliant with the California Consumer Privacy Act (CCPA), or face potentially steep penalties. Since the CCPA focuses on consumer privacy rights, cyber liability insurance enters the discussion.View Insight
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Join Priya Huskins and Woodruff Sawyer at the EY Strategic Growth ForumThe EY Strategic Growth Forum is once again upon us, running from November 13th to 17th, 2019. Priya Huskins is a featured speaker on the topic of managing transactions risks for IPOs and M&A.View Insight
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Insurance Coverage For Power Outage Losses: Protecting Your Business From BlackoutsIs your business covered if your power is deliberately shut off by a public utility for an unspecified length of time? We'll walk through common coverages and how they will respond, and then explore the bespoke solutions available to protect your business from blackouts.View Insight