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In the Press

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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Workers Compensation in the COVID World

When the coronavirus hit earlier this year and it became obvious that many individuals were at risk of becoming infected, several states amended their rules for Workers Compensation benefits payouts to include healthcare and frontline workers exposed to the virus and then quarantined. Compensability for occupational diseases varies per state with some statutes excluding “ordinary…

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Business Interruption COVID-19 Litigation Continues

The coronavirus pandemic brought businesses to its knees, shuttering everything from restaurants to hotels, gyms, hair salons, retailers, and other establishments. Many business owners turned to their Business Interruption (BI) insurance policies to cover loss of income and to pay ongoing expenses like payroll, rent, etc. Yet BI policies are designed to respond only if…

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The Hidden Flood Risk Across America

In late June, nonprofit research organization, First Street Foundation publicly released flood risk data for over 142 million homes and properties across the country. Their data assigned every property in the contiguous United States a “Flood Factor,” a score from 1 to 10,  based on its risk of flooding over a thirty-year mortgage.

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