September 4, 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
 
 Process and Procedure: The Backbone of a Successful SDI Program » 
 
 Whether your organization is contemplating the feasibility of purchasing SDI for the first time or has been utilizing a program for years, this article will provide an inside look into the process and procedures necessary to implement and maintain a successful program.
 
 Companies Turn to Trade Credit Insurance to Hedge Against Customer Default Uncertainty » 
 
 All signs point to corporate defaults exceeding the peaks last experienced in the 2008/2009 financial crisis. The low interest rate environment and temporary government aid have only delayed default of the growing number of zombie companies. Risk transfer solutions are available to mitigate the cost of customer default.
 
WEBINARS
 
 
 Looking to improve your cyber preparedness? 
 
 NFP will be hosting a discussion, which will include:
  • How do ransomware attacks and email compromises happen, why is a response in the first 48 hours so important and what are your legal obligations in this scenario?
  • How do you define biometric technology? What are some of the key laws governing this technology? What rising biometric trends should you watch?
Tuesday, September 22 | 2:00 – 3:00 p.m. ET
 
 
Register Here
 
COVID-19 UPDATES
 
 State and Federal Overview of Activity Related to Business Liability Protections - Update  » 
 
 COVID-19 State Updates - As of August 31, 2020 » 
 
IN THE NEWS
 
 NFP Named to Business Insurance’s Annual List of Best Places to Work in Insurance » 
 
 NFP Acquires Largest Albany Insurance Broker Rose & Kiernan » 
 
 Wrap-Up Construction Insurance in a COVID-19 Environment, Part One » 
 
VIDEOS / PODCASTS
 
 
 In this episode, Chase Cannon and Suzanne Spradley review new DOL guidance on FFCRA leave (emergency paid sick leave and emergency family and medical leave) relating to the new school year. Chase outlines a few scenarios on school reopenings, including full and partial openings and virtual learning, and how an employee might or might not qualify for FFCRA leave. Chase and Suzanne then jump into a recent New York lawsuit challenging several provisions of DOL FFCRA guidance. The two close the podcast discussing the lawsuit’s potential impact on employers in and out of New York. 
 
GOOD NEWS
 
 Teen Selling His Homemade Vanilla Extract Raises Thousands for Local Food Bank » 
 
CORPORATE BENEFITS / INDIVIDUAL SOLUTIONS
 
  Interested in updates on NFP’s other lines of business?  
 
 
9/4/20 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.