Hunton Andrews Kurth

SEPTEMBER 22, 2022

In the past year, the FTC has promoted consumers’ so-called “right to repair.” In particular, the FTC has focused on the “Anti-Tying Rule” of the Magnuson-Moss Warranty Act (the “MMWA”), which limits manufacturers’ ability to steer consumers to manufacturer-affiliated repair shops. Plaintiffs’ firms have taken notice, filing a spate of class actions based on purported violations of the Anti-Tying Rule.

Claim 98

Claim Protection Risk 98

Risk Management Monitor

SEPTEMBER 1, 2022

Cybersecurity should be a top priority for organizations today, especially as employees continue to work remotely without business-grade protections. In the age of COVID-19, businesses are more vulnerable than ever. Whether it is phishing scams or malware, hackers are constantly finding new ways to attack businesses. In fact, in March 2020 alone, scams increased by 400%, and have continued to increase since then.

Protection 58

Protection Risk Liability Damage 58

Brokers’ Service Marketing Group

SEPTEMBER 30, 2022

Founded by David B. Lea in 1972, Brokers’ Service Marketing Group has spent the last 50 years serving financial professionals and their clients and graciously giving back to the community. In celebration of this noteworthy milestone, we’re looking back to some of the circumstances and people who made BSMG the company it is today.

Broker 52

Broker Insurance Industry Insurance Insured 52

Scott Insurance

SEPTEMBER 27, 2022

Businesses in every industry are facing cyber threats with increasing frequency and severity. It is no longer a question of if your organization will experience a cyber incident, but when. From employment/HR data breaches to operations disruptions to wire transfer fraud and more, today’s landscape is brimming with real threats promising real and costly business impacts.

Cyber 52

Cyber Risk Crime Insurance Companies 52

Agency Intelligence

SEPTEMBER 23, 2022

Are you launching a new agency? Are you a brokerage expanding into new lines? Or are you simply looking for ways to bind policies, get paid, and/or move funds across the industry faster? A key consideration is how your policies are billed.

Insurance Carrier 52

Insurance Carrier Policyholder Policy Insured 52

Triple-I: Workers Compensation

SEPTEMBER 23, 2022

Max Dorfman, Research Writer, Triple-I The workers compensation field is “responding and adapting remarkably well to economic changes,” according to Donna Glenn , chief actuary, National Council on Compensation Insurance (NCCI). “The pandemic brought new occupational illnesses into the system, but it was offset by a reduction of other types of claims back in 2020.

Workers Comp 52

Workers Comp Workers Compensation Compensation Claim 52

Accenture: Cyber Insurance

SEPTEMBER 13, 2022

With all the connectivity that cloud enables, and complex dynamics at play in determining who has the responsibility to process and protect PII, insurers need to work with their ecosystem partners to protect the data of their customers and employees.

Risk 52

Risk Insured Insurer Insurance 52

Triple-I: Business Insurance

SEPTEMBER 15, 2022

Max Dorfman, Research Writer, Triple-I Per- and Polyfluoroalkyl Substances (PFAS)—a varied group of human-made chemicals used in an array of consumer and industrial products— present a new potential liability for insurers , as U.S. regulatory activity continues to change, with lawsuit outcomes indicating this is an issue that will continue to develop.

Liability 40

Liability Insurer Insured Insurance 40

Risk Management Monitor

SEPTEMBER 30, 2022

Across the Caribbean, Florida, and up the Eastern seaboard to Atlantic Canada, communities are facing devastation from a recent—and ongoing—spate of mid-season hurricanes. After making landfall in Western Florida yesterday as a Category 4 hurricane, Hurricane Ian has been cutting a path of destruction across the state and will make its way into the Carolinas.

Damage 75

Damage Claim Broker-Agent Risk 75

Agency Intelligence

SEPTEMBER 16, 2022

Keeping and retaining talent has been on the minds of agency owners from the day I entered this industry. It has remained in the top 5 concerns of agency owners in literally every survey I have ever read.

52

52

Hunton Andrews Kurth

SEPTEMBER 6, 2022

In a case sure to send retail pharmacy corporate-types scurrying to board room meetings to ensure their bases are covered, a Northern District of California federal judge held that Walgreens’ Co.’s 15 year-long pattern of filling opioid prescriptions for customers without performing adequate due diligence as to the medical legitimacy of the prescription substantially contributed to the opioid crisis in San Francisco.

Liability 98

Liability Injury Protection Risk 98

Hunton Andrews Kurth

SEPTEMBER 8, 2022

The Federal Trade Commission and six states have filed suit against Roomster Corp. and two corporate executives, accusing the residential rental listing platform of using fake reviews and unverified listings to generate tens of millions of dollars in business. According to the complaint , these practices often occur at the expense of vulnerable customers who rely on Roomster to find safe low-cost housing within expensive housing markets.

Protection 98

Protection 98

Hunton Andrews Kurth

SEPTEMBER 12, 2022

The FTC unanimously agreed to an enforcement action against American textile manufacturer Electrowarmth Products, LLC and the company’s owner for deceptively marketing its heated “bunk warmer” mattress pads products as Made in the USA. According to the FTC’s complaint , Electrowarmth’s products, while marked as being domestically made, were wholly manufactured and packaged in China, thus violating the Textile Act and the FTC’s Textile Rule.

Claim 98

Claim Protection 98

Agency Intelligence

SEPTEMBER 9, 2022

We had to change our mission. And get rid of a dinosaur. When ePay began, our website boldly claimed that we were “on a mission to replace paper checks for all agency billing.

Claim 52

Claim 52