Sovereign Insurance Group

Hurricane Isaias to drive $1bn+ insured & economic losses.

Hurricane Isaias to drive $1bn+ insured & economic losses: Aon - Reinsurance News Economic and insured loss totals from the impact of Hurricane Isaias are each individually expected to surpass the $1 billion threshold, according to

What do we do if an employee is diagnosed with COVID-19?

What do we do if an employee is diagnosed with COVID-19? | ThinkHR First, notify other employees of potential exposure, if any, in the workplace. You should tell them that someone was diagnosed with the illness, but you should not identify which employee...

Valued Partners Directory | CCCU The Council for Christian Colleges & Universities is a higher education association of more than 180 Christian institutions around the world. Founded in 1976, the organization represents campuses across the globe, including more than 150 in the U.S. and Canada and more than 30 from an additional 18....

In California, some lawmakers are pressing forward with legislation that essentially rewrites pre-COVID-19 insurance policies, in an ill-conceived attempt to mitigate the financial impact.

Legislation unfairly burdens insurance companies with COVID-19 losses Businesses’ property insurance policies typically include “business interruption coverage,” which protects against the financial impact of an interruption to business caused by physical damage to the property. Viruses are not typically covered because they do not cause property damage. AB1552 ...

U.S. insurers and brokers are starting to craft professional liability coverage for police officers, spurred on by signs that policymakers in some cities and states want to use a financial stick to curb police misconduct.

U.S. insurers explore officer coverage as police reform debate rages U.S. insurers and brokers are starting to craft professional liability coverage for police officers, spurred on by signs that policymakers in some cities and states want to use a financial stick to curb police misconduct.

NY lawmakers introduced legislation that would limit the civil liability of employers and employees over possible transmission of COVID-19 “caused by an act or omission while acting in good faith” and causing death or injury.

NY lawmakers consider COVID liability limits - Business Insurance New York lawmakers on Friday introduced legislation that would limit the civil liability of employers and employees over possible transmission of COVID-19 “caused by an act or omission while acting in good faith” and causing death or injury.

More helpful content from our partners at ThinkHR...

Tips for Preparing Form 5500 | ThinkHR At this time of year, many employers and benefit advisors begin preparing Form 5500, the annual report required for most employee benefit plans. Form 5500 must be filed with the...

https://www.propertycasualty360.com/2020/07/07/insurer-wins-in-covid-19-case-of-first-impression-414-182680/

Insurer wins in one of the first U.S. COVID-19 coverage rulings | PropertyCasualty360 The landmark ruling supports what insurers have argued since the start of the pandemic: COVID-19 does not cause 'physical damage.'

https://www.propertycasualty360.com/2020/06/29/the-truth-about-flood-risk-can-worsen-american-inequality/

The truth about flood risk can worsen American inequality | PropertyCasualty360 Bad flood scores can mean less investment in low-income communities.

State Judge Rejects Michigan Restaurants’ COVID-19 Business Interruption Claim

State Judge Rejects Michigan Restaurants' COVID-19 Business Interruption Claim A trial court judge in Lansing, Michigan handed a victory to insurers in what may be the nation's first final ruling on the question of whether a property

Chubb announces a new proposal to provide business interruption coverage in a future pandemic. A public-private partnership can address business interruption losses caused by pandemics. Learn more about the essential components of a successful program:

Business Interruption Program for Pandemic-related Losses | Chubb A public–private partnership program can provide financial support and address business interruption losses caused by pandemics, while recognizing the differing needs of small and large businesses.

https://www.propertycasualty360.com/2020/06/26/navigating-the-microbe-and-pollution-exclusions-insurance-recovery-during-the-covid-19-pandemic-414-181957/?slreturn=20200609114315

COVID-19: Navigating the microbe and pollution policy exclusions | PropertyCasualty360 Industry experts analyze the applicability of microbe and pollution exclusions in the wake of the COVID-19 pandemic.