Distinguished Blog - In The Press

Market insights and industry news.

OSHA Called Upon to Step Up COVID-19 Workplace Safety Rules

Reuters recently released its finding in a report after examining the regulatory response of the Occupational Safety and Health Administration (OSHA) to workplace COVID-19 safety practices. It analyzed 106 U.S. workplaces where employees complained of mishandled pandemic safety practices on the heels of the outbreak and reported that regulators either never inspected the facilities or,…

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What We Know About the Vaccine Distribution Plan

The FDA’s emergency use authorization of both the Pfizer and Moderna vaccines clears the way for nationwide distribution and administration. While it will not be a magical, cure-all solution, it is a critical step in getting control over the pandemic and resuming a more normal life. Decision-making and logistics have been left largely to states,…

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Lloyd’s Standardization of Insurance Lifecycle

Lloyd’s of London in early 2020 announced its “Future at Lloyd’s” initiative with the goal of utilizing technology in innovative ways and embracing new methods of modernizing the insurance lifecycle. The end result is to employ a smoother, more efficient, and faster platform in delivering products and policy renewals and endorsements and in settling claims….

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Remote Work, COVID Impacting Employee Benefits

The shift to remote work and the effects of COVID on the mental health of individuals have transformed the employee benefits landscape with employers looking to better address the needs of their workers both emotionally and economically. Here are some of the benefits changes taking place now and into 2021:

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Blockchain and the Insurance Industry

In the business world and beyond, blockchain is a hot topic. While many of us have heard the word before, most are not familiar with what exactly it is. Essentially, a blockchain is a transparent, yet secure, recordkeeping system. It ensures secure exchanges of information between parties by encrypting information and preventing it from being…

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Are We Ever Going Back to the Office?

The pandemic forced companies across the country to switch to fully remote work overnight. While teleworking has allowed many to cut back on commute time and connect with their families, it undoubtedly has its tradeoffs. Opinions on remote work vary depending on who you ask — some enjoyed the change, some didn’t. Will people ever…

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Resilience of Restaurant Industry Continues Amid COVID, Tough Insurance Market

The restaurant industry no doubt has been among the hardest hit amid the coronavirus as a result of mandatory lockdowns during the initial phase of the pandemic and subsequent ongoing capacity restrictions and other requirements that have significantly impacted operations. Yet during these challenging and unprecedented times, we’ve seen the industry put its creativity to…

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Civil Unrest Fears Stoked with Upcoming Election

The year 2020 by any measure has been a challenging one, beginning with the coronavirus pandemic that has caused hundreds of thousands of deaths, shut down our economy, and upended tens of thousands of businesses and key industry segments. Amid the pandemic, protests took place across the country demanding police reform in the wake of…

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NYC Restaurants Getting the Support of Local Government Amid COVID

According to the National Restaurant Association, some 100,000 of the one million restaurants and bars operating in the U.S. before the pandemic are expected to permanently close by the end of this year as a result of the economic upheaval caused by the coronavirus. But municipalities around the country, including in New York City, are…

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Slow Postal Service Impacts Small Businesses

United States citizens will vote by mail this year in record numbers. This, in conjunction with the new U.S. Postal Service leadership, is expected to slow the mail system as a whole. Beyond affecting the presidential election this November, it can impact everyday life for Americans in many other ways.

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California to Beginning Phasing Out Gas-Powered Cars in 2035

The Golden State recently announced its plan to ban sales of new in-state gas and diesel vehicles starting in 2035, a move by California regulators to help reduce greenhouse-gas emissions. Only electric vehicles will be available for purchase as new vehicles from 2035 forward in the state. The executive order does not ban the sale…

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