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Federal Bill Introduced for COVID-19 Business Interruption Insurance

A New York Congresswoman recently announced the introduction of the Pandemic Risk Insurance Act of 2020. This voluntary program would allow participating insurers to offer pandemic-related business interruption and event cancellation coverage, which would be reimbursed by a federal backstop. 

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Contractors: Confirm Your Paycheck Protection Program Decision

On April 23, 2020, the Small Business Administration (SBA) issued guidance to the Paycheck Protection Program (PPP) under the CARES Act. This followed an April 21, 2020 declaration by Secretary of the Treasury, Steve Mnuchin, that there would be “severe consequences” to large companies that..

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The Effects of COVID-19 on Executive Liability

While the lasting effects of the COVID-19 pandemic have yet to be seen, the results of financial and operational decisions that organizations are making related to COVID-19 are beginning to have a significant impact on both Directors & Officers (D&O) Insurance as well as Employment Practices..

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Illinois Commission Repeals COVID-19 Worker's Compensation Order

The Illinois amendment stating that employees in an “essential” industry who contract COVID-19 are covered by worker’s compensation was repealed by the Illinois Workers Compensation Commission in an unanimous vote on April 27, 2020. Some individuals interviewed in the Business Insurance article..

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OSHA Guidance for Processing Facilities

Although this article is specific to the meat and poultry industry, it can be used as a guideline for any business where employees must work in close quarters. Assembly lines, food processing facilities, and other related industries can follow this guidance from OSHA to improve the health and..

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Contractors: Plan Now for the Financial Future

As an essential business, construction work is ongoing and revenue continues to be generated. While working through this time, it is obvious that things are not normal, and won’t be back to normal for some time. As such, there are choppy waters that lie ahead. Companies that navigate best..

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Developing your Contract Negotiation Strategy

While COVID-19 has caused major slowdowns across the economy, most segments of the construction industry remain hard at work. As we approach the beginning of another season, evaluating the way your organization handles the contracts that govern your jobs is a crucial step towards ensuring your..

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Society Insurance Clients: Sales Reduction Credit for Restaurants and Bars

Attention clients with Society Insurance: Society wants to help with your cash flow during this difficult time. All restaurants and bars currently insured with Society Insurance can get a one-time credit on their general liability premiums. Simply contact your agent here at Hausmann-Johnson..

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Avoiding OSHA Complaints During COVID-19

Federal and state OSHA agencies are managing a significant increase of workplace safety complaints related to COVID-19, which is prompting their recommendation that employers create exposure control plans. Keep in mind that COVID-19 is an OSHA recordable illness, so you could be finding yourself..

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WMC Releases COVID-19 Employer Toolkit

Wisconsin Manufacturers & Commerce (WMC) released their COVID-19 Employer Toolkit today.  The Toolkit was created to help employers navigate the continuously changing landscape and difficult circumstances surrounding the COVID-19 pandemic.  The Toolkit provides up-to-date information, resources,..

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