Category: Property & Casualty

Virginia Adopts Workplace Safety Standards for COVID-19 Pandemic

On July 15, the Virginia Department of Labor and Industry’s Safety and Health Codes Board voted to approve an emergency temporary standard on infectious disease prevention.  The final version of the standard is currently not available due to the text being finalized.  It is anticipated the emergency temporary standard will take effect the last week of July.  This standard shall apply to every employer, employee and place of employment in the Commonwealth of Virginia within the jurisdiction of the VOSH program.  Continue reading

Congress Passes $484 Billion Coronavirus Relief Package

On Thursday, April 23, 2020, the U.S. House of Representatives voted on and passed the newest coronavirus aid bill, which includes funding for small businesses, hospitals and …Continue Reading

Manufacturing & Distribution Risk Considerations in Response to COVID-19 3 Questions You Should be Asking

The COVID-19 pandemic has created a crisis globally and manufacturing and distribution (M&D) companies are responding to the challenge in extraordinary ways.  As business models and operations shift and evolve, M&D companies must stay vigilant on risk management efforts.

The following series of questions can help guide M&D companies as they continue to navigate their response.  Continue reading

COVID-19 & Your Commercial Property and Casualty Insurance Program

As the novel coronavirus, COVID-19, has now been designated a pandemic by the World Health Organization and more than 1,200 cases have been confirmed in the United States, many employers are wondering how their property and casualty insurance policies will respond. Below are some general guidelines for the primary lines of insurance coverage:  Continue reading

Property & Casualty Market Update

As we begin a new decade, we are navigating an increasingly unpredictable insurance market and many businesses are facing significant pricing increases upon renewal. Our 2019-2020 Property & Casualty Market Outlook, which was released in June 2019, provided our reaction to market trends and some pricing expectations.  With Q3 and Q4 now behind us, we thought it would be beneficial to share an update with new insights and observations to better prepare our clients for current pricing pressures and provide guidance for managing the net impact.  Continue reading