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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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| | This will be our last Property and Casualty Latest Report for 2020.
We hope that you have a great rest of the year.
We'll see you again the week of January 11, 2021. Happy Holidays!
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| | Privacy and Cyber Concerns for Financial Institutions: 2020 Year in Review » | | | | | | Ransomware and increased scrutiny from broadened regulatory frameworks are creating new challenges across the cybersecurity and financial institution landscape. To be prepared, companies must establish strong and responsive insurance programs and work with experts who have the specialized expertise required to navigate these complex risks. In this article, we’ll undertake a comprehensive analysis of how these changes have impacted the insurance market and how companies can best arm themselves to obtain the best terms and conditions and, further, what risks and exposures a return to work will bring. | | |
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| | When Employees Sue » | | | | | | Employees are suing their employers in the firearms industry at alarming levels, and most insurance policies exclude EPL claims. What can be done? | | |
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| CLIENT TRAINING | | | |
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| | View the Webinars Page for the latest offerings on NFP.com.
Get the latest insights for all upcoming and archived webinars. | | | |
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| | | | | | | | A ransomware attack can devastate an organization’s operations, finances and reputation. The victims of these attacks face not only the threat of losing all of their data but also of that data being made public or sold to other malicious actors.
In this presentation, we will take you through the anatomy of a ransomware attack, showing you what a hacker sees and giving you the opportunity to consider the decisions faced by victim organizations in discussion with S-RM’s experienced cyber incident responders.
When: January 13, 2021, from 3:00 to 4:00 p.m., ET
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| | 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. | | | |
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| IN THE NEWS | | | |
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| VIDEOS / PODCASTS | | | |
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| | In this episode, Chase Cannon and Suzanne Spradley review the compliance obligations employers must review and complete prior to the end of the year for both calendar and non-calendar year plans. Chase digs into the basis of imputed income for domestic partner coverage and group term life insurance, as well as the importance of calculating and adding imputed income before the end of the year. Chase and Suzanne review the notices, tests and filings that must be completed by years’ end, including the Massachusetts HIRD filing requirement. Chase then looks forward to 2021, investigating the federal and state reporting requirements for employer mandate and state individual mandates. As the pandemic – and remote work – continues into 2021, Chase and Suzanne discuss the importance of state tax nexus and employment and income tax withholding for those working from home in a different state. The two conclude with a quick recap of the continued administrative challenges created by the DOL’s extensions to COBRA and HIPAA special enrollment deadlines via the so-called “outbreak period.” | | | | | |
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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? | | | | | |
| | 12/14/20 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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