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BlogA Guide to Weathering Corporate Bankruptcy for Directors and OfficersView Insight
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Blog
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 -
Employee Benefits Compliance Alert
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 -
Blog
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 -
BlogHow 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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Employee Benefits Compliance Alert
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 -
Blog
M&A: Reducing the Buyer's Retirement Plan Fiduciary ExposureView InsightThis 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.
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Blog
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 -
Press ReleaseWoodruff Sawyer Announces CEO TransitionRead Press Release
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Employee Benefits Compliance Alert
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 -
Blog
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 -
Blog
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