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Director and Officer Protection During Corporate Bankruptcy
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W-2 Fraud Scams: A Warning for EmployersTis the season...for hackers to try to steal employees’ W-2 information. Beware of requests for employee W-2s, even if they seem to be from an executive, as they can be used to file fraudulent tax returns and collect on behalf of unsuspecting employees. Here's what to do to prepare your organization or if you've mistakenly released personal W-2 information.View Insight
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The SEC Gets Serious About Proxy Advisory ServicesProxy advisory services have been largely unregulated, but that is changing. New SEC guidance outlines expectations for proxy advisory firms and investment advisors on giving voting advice and voting responsibly.View Insight
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Cyber Risk Gets Tangible: FDA Guidance on Cyber Security in Medical DevicesCyber security threats are now creeping into something you’d least expect: medical devices that wirelessly connect to an external source. Embedded software designed to communicate with healthcare providers could be a security risk, and is receiving scrutiny from the FDA. We discuss the details and the insurance considerations to mitigate your risk.View Insight
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A Guide to Weathering Corporate Bankruptcy for Directors and Officers
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Reducing Risk for Senior Housing Providers as Insurance Costs IncreaseHere you will learn about some of the major sources of liability in senior housing and what you can do to address them.View Insight
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Compliance Alert: IRS Extends Deadline for Furnishing Form 1095-C, Extends Good-Faith Transition ReliefThe Internal Revenue Service (IRS) has released Notice 2019-63, which extends the deadline for furnishing 2019 Forms 1095-B and 1095-C to individuals from January 31, 2020 to March 2, 2020. In this compliance alert, you'll receive details on the new timeline and the new good-faith penalty relief policies for employers.View Insight
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Press ReleaseWoodruff Sawyer Names Andy Barrengos as Chief Executive Officer
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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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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