November 2, 2020

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  This newsletter contains updates on the latest NFP and industry resources related to the Property and Casualty industry.  
 
NEW RESOURCES
 
  The Importance of Construction Wrap-up Administration »  
 
  “Wrap-up administration” is a term that everyone in the construction industry is familiar with. However, do you know what it really takes to make GREAT administration? It’s more than just enrolling subs and checking certs. Read the attached to see the key attributes that you need to take your wrap administration to the next level.
 
  Integrating Unique Operations into a Campground/Glamping Business »  
 
  Glamping resorts are adding fresh ideas to the outdoor industry. Blending the local environment with touches of luxury can distinguish a hospitality business from competitors, though it may come with insurance challenges.
 
  Stopping Cyber Risks Working from Home  »  
 
  As companies have changed how they conduct operations, the underwriting of cyber insurance has changed as well. Insurers need to understand not only how operations have changed but most importantly if there have been any reductions in the cybersecurity budget and, if so, how companies have reallocated resources to ensure there are no gaps inviting potential compromise of their network. In this article, we discuss the specific questions insurers are asking in light of the changed atmosphere and how companies can best be prepared to answer these questions.
 
  SPACs and D&O Insurance »  
 
  SPAC D&O underwriters have pulled back capacity and significantly increased rates as they evaluate the recent increase in securities class action filings, the SEC chairman’s comments and the overall pace of SPAC IPOs. This article details the impact that each of these factors have on the insurers appetites and what SPAC teams can do to differentiate themselves in a year where it seems every SPAC record has been broken.
 
CLIENT TRAINING
 
  View the Webinars Page for the latest offerings on NFP.com.
Get the latest insights for all upcoming and archived webinars.
 
 
 
   
 
  Join us as we break down key details about each crime, showing you the fun facts and startling statistics alike as we compare and contrast their profits and pitfalls across several case studies regarding credit/debit card skimmers, e-commerce compromises and point-of-sale compromises, as well as the strategies designed to help you stay safer and more secure against them. When: November 11, 2020, Noon to 2:00 p.m., ET
 
 
Register Here
 
  Archives  
 
  Webinar recordings and a copy of the slides will be sent via email to call registrants and participants within 48 hours after the webinar and will be posted to the NFP.com Latest Insights page.  
 
  October 20: Cybersecurity Litigation and Enforcement »  
 
IN THE NEWS
 
  Diversity and Inclusion with Lisa-Ann Marchesi  »  
 
  NFP Acquires Insurance Specialty Group, LLC, Adding Specialized Capabilities to Existing Construction Offerings  »  
 
  NFP Introduces Tracy Stopford and Kara Tencellent as Co-leaders of the Risk & Insurance Strategy Collective (RISC)  »  
 
  Howard Shulman on College Insurance Renewals  »  
 
  Ginnette Quesada-Kunkel on D&I  »  
 
  NFP Ventures Supports Financial Wellness of Employer Clients Through a New Partnership with MoneyLion »  
 
VIDEOS / PODCASTS
 
 
  In the latest episode of our Election Update podcast mini-series, Armstrong Robinson, chief advocacy officer at Finseca, and NFP’s Kristin Bulat discuss the factors driving unprecedented early voting, how it might affect when we have final results and implications for future elections. Army and Kristin also contrast the uncertainty surrounding the election with the certainty provided by life insurance and financial planning.  
 
 
  In this episode, Suzanne Spradley and Erin Ziaja offer insight on litigation against insurance carriers that have denied business interruption (BI) claims for COVID-19 issues, including the recent decision where the court ruled in favor of the plaintiffs. The podcast also provides an overview of state proposals that extend BI coverage to COVID-19 related claims and other state laws enacted to provide immunity for businesses in cases alleging COVID-19 exposure. The podcast concludes with a brief discussion of the federal proposal for pandemic relief and the liability protection in the next stimulus package.  
 
 
  In our latest Insights from the Experts podcast, Mark Rieder sits down with Gina Bartasi, CEO of KindBody, to discuss their global end-to-end family building benefit for all. KindBody’s mission is to offer best-in-class care, accessible pricing and a seamless experience for fertility, gynecology and wellness services. Learn how their emphasis on personalized, human-centered care supported by modern tech is on the leading edge of family building support.  
 
 
  In this episode, Suzanne Spradley and Chase Cannon discuss the lawsuit challenging the ACA that is set for Supreme Court oral arguments on November 10, 2020. Suzanne outlines the basis for the lawsuit — a claim that the ACA’s individual mandate is unconstitutional, and that the individual mandate is not severable from the remainder of the ACA. Suzanne details the history of the case, the arguments made on either side, and the potential impact of a decision either way. Suzanne and Chase discuss Justice Amy Coney Barrett’s very recent appointment to the Supreme Court, and how her views on the role of the judiciary branch might impact the outcome of the ACA case.  
 
  Introducing NFP’s YouTube Channel  
 
  NFP is now on YouTube. Visit our channel for our insight and expertise from our subject matter experts on pertinent topics. Let us know if you have feedback or suggestions.
 
GOOD NEWS
 
  IKEA Will Buy Back Your Unwanted Furniture as Part of Recycling Effort »  
 
CORPORATE BENEFITS / INDIVIDUAL SOLUTIONS
 
  Interested in updates on NFP’s other lines of business?  
 
 
11/2/20 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.