July 27, 2020

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individual Solutions Report
 
 This newsletter contains updates on the latest NFP and industry resources related to the Property and Casualty industry. 
 
NEW RESOURCES
 
 Development Risk and Insurance » 
 
 Project proformas are often penciled out to include contingencies for unanticipated costs or overruns. Often times when an environmental condition becomes known, contingent funds are often quickly absorbed and proformas go awry. Environmental insurance is a great way to hedge against unanticipated costs which can result from remediation and contractually assumed indemnity obligations.
 
 Observations On A Turbulent Property Marketplace » 
 
 Those looking for real estate insurance coverage are facing steep rates, challenging sublimits, increased deductibles and more. What can we expect in this environment, and how can insureds stay covered despite mounting difficulties?
 
 Navigating the Event cancellation Marketplace during a Pandemic » 
 
 Purchasing event cancellation insurance poses new challenges in the current environment, but it remains a key protection. Learn how things are changing, and what you can do to prepare.
 
 Considering an Employee Survey on Office Reopening? » 
 
 NFP recently deployed a company-wide survey to gather employee feedback on office reopening activities and factors to consider going forward. The feedback we received is helping us refine reopening protocols and make some adjustments.
 
 The Schrems II Decision and what it means for the transfer of personal data from the EU to the US » 
 
 In a breaking Decision coming out of the Court of Justice of the European Union (the “CJEU”) in the Shrems II case, the CJEU concluded that the Standard Contractual Clauses (the “SCCs”) issued by the European Commission for the transfer of personal data from the EU to the US are no longer acceptable whereby invalidating the EU-U.S. Privacy Shield framework” What does this mean for the transfer of personal data from the EU to the US?
 
IN THE NEWS
 
 Teaching Children Financial Literacy » 
 
 NFP’s Newest Cost Estimating Tools » 
 
COVID-19 UPDATES
 
 New! Projecting Claim Costs with the Impact of COVID-19 » 
 
 COVID-19 — State Updates » 
 
VIDEOS / PODCASTS
 
 
 In this episode, Suzanne Spradley and Chase Cannon look at the definitions and history of telehealth, and the federal and state policies that helped spur its popularity. Suzanne discusses the recent surge, both prior to and during the COVID-19 pandemic, of telehealth usage. Suzanne and Chase discuss the policies and rules promulgated, both at the federal and state level, that helped facilitate that surge. Suzanne closes by outlining five policy suggestions to consider post-pandemic to keep the momentum going on usage and convenience of telehealth for group health plans, employers and employees. 
 
GOOD NEWS
 
 Four High School Students Created A COVID Coloring Book To Teach Kids About The Pandemic » 
 
CORPORATE BENEFITS / INDIVIDUAL SOLUTIONS
 
  Interested in updates on NFP’s other lines of business?  
 
 
7/27/20 20-FPC-GEN-GEN-0221
 
This information has been provided as an informational resource for NFP clients and business partners. It is intended to provide general guidance, and is not intended to address specific risk scenarios. Regarding insurance coverage questions, each specific policy must be reviewed in its entirety to determine the extent, if any, of coverage available for the impact of the Coronavirus. If you have questions, please reach out to your NFP contact.