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| | This newsletter contains updates on the latest NFP and industry resources related to the
Property and Casualty industry. | | | |
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 | NEW RESOURCES |  | | |
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| | Capital One Hit with $80M Fine Resulting from Failure to Secure Personal Information: What Does this Mean for Financial Institutions and Future Cybersecurity Protocols? » | | | | | | Regulatory fines for noncompliance are nothing new. However large financial institutions with the ability to invest significant resources into cybersecurity have historically been viewed as better prepared than their regulated healthcare and retail counterparts. The recent fine issued by the Office of the Comptroller of the Currency against Capital One calls into question those protocols typically thought to be sufficient. In this article, we’ll discuss the vulnerabilities that led to Capital One’s security breach last summer, why comprehensive risk assessments are critical at all points where personal information is stored and how your organization can avoid being the next target of a hacker and potential regulatory fine. | | |
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| | Market Outlook for Worker’s Compensation: What Is the Real Reality? » | | | | | | The future of workplace safety looks a lot different than it did six months ago. Workers’ compensation may not be the “silver bullet” states hoped for, but this workhorse coverage has a key role to play moving forward. Learn what we can expect, and what’s still up in the air. | | |
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| IN THE NEWS | | | |
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| VIDEOS / PODCASTS | | | |
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| | In this episode, Suzanne Spradley and Chase Cannon look at Joe Biden’s healthcare proposals, now that election season is formally upon us. Suzanne leads off by addressing the advantages and challenges of Biden’s initiative to add a public option, and how that might interact with the current private and marketplace plans. Suzanne and Chase discuss several past state initiatives relating to public options, and the challenges those states faced with affordability and solvency. Suzanne address Biden’s plan to expand Medicaid and improve the ACA, including restoration of the individual mandate. Suzanne and Chase close with a comparison of some of Biden’s initiatives in comparison to the employer-sponsored insurance market, and conclude that the employer model works well and should be preserved. | | | |
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| GOOD NEWS | | | |
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| CORPORATE BENEFITS / INDIVIDUAL SOLUTIONS | | | |
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| | Interested in updates on NFP’s other lines of business? | | | | | |
| | 8/24/20 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. | | |
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