Insights into how companies are managing pandemic-related risk and how your policies may respond.
UPDATE – May 15, 2020: In a press release, California Insurance Commissioner Ricardo Lara requests that the grace period to pay insurance premiums be extended until July 14, 2020, which is 60 days from the date of this notice. Review original request here.
UPDATE – May 15, 2020: In a press release, California Insurance Commissioner Ricardo Lara extended his previous order requiring insurance companies to partially return insurance premiums amid the ongoing COVID-19 pandemic. The order now includes the month of May, in addition to the already included months of March and April. Review original request here.
While the facts, circumstances, and policy language for each potential loss must be carefully reviewed in order to determine how coverage may or may not respond, outside factors such as local, state, and federal government intervention is keeping this a fluid and developing situation. The following guidelines represent current best practices, and we encourage you to follow them in a timely manner.
Fed/OSHA released an enforcement memo on Friday, April 10, clarifying their guidance to compliance safety and health officers regarding positive COVID-19 cases. Learn more here.
According to the Occupational Safety and Health Administration (OSHA), most American workers will likely experience low (caution) or medium exposure risk levels at their job or place of employment. We’ve put together a downloadable response protocol for your business.
COVID-19 has created an unprecedented and constantly developing situation. The ABD Life Science Practice is available to answer any questions you may have and will continue to provide important updates affecting life science companies.
The COVID-19 public health emergency has created hardships on many businesses and has impacted their ability to make timely insurance premium payments. ABD recognizes the importance of keeping your insurance program in place, so here is a welcome development from Mike Kreidler, Washington State Insurance Commissioner.