Uncategorized
COVID Update – April 28, 2020
“Non-Essential” Businesses Can Resume Business via Curbside Drop-offs https://wqow.com/2020/04/27/gov-evers-says-nonessential-businesses-can-begin-curbside-drop-offs/ Many States “Re-Opening” on Friday, but the Details Vary https://www.marketwatch.com/story/these-states-are-loosening-economic-shut-down-orders-texas-expected-to-announce-new-rules-soon-2020-04-23 UW Economist Says Wisconsin’s Economy Has Shrunk by 50%, Already https://www.cnn.com/videos/tv/2020/04/27/exp-wisconsin-economy.cnn Do Lawsuits Await Businesses That Reopen? https://www.insurancejournal.com/news/national/2020/04/27/566367.htm This CDC Guidance for Critical Workers Could Be Applied to All Workers in Businesses…
Read MoreCOVID-19 Update – April 22, 2020
Governor Announces Plan to Reopen Wisconsin on a Date Uncertain https://fox11online.com/news/coronavirus/evers-announces-plan-for-reopening-wisconsin Agent Licensing Exams Can Be Taken Online, During Safer at Home Order See the OCI bulletin OCI Announces New Rules for Health Plans Regarding COVID-19 Testing, OON Provider Charges, Rx Refill Policies See the OCI bulletin New Emergency Order from Gov. Evers, Addressing Wildfire Risk https://www.insurancejournal.com/news/midwest/2020/04/22/565830.htm…
Read MoreCOVID-19 Latest News
Wisconsin Shutdown Extended to May 26 https://fox11online.com/news/coronavirus/safer-at-home-extended-to-may-26-with-some-modifications Read the new emergency order HERE. Class Action Suit Filed by Pabst Theater and Other Milwaukee Businesses Over Business Interruption Claims https://fox6now.com/2020/04/16/pabst-theater-group-colectivo-others-file-suit-over-denied-insurance-claims-related-to-covid-19-closures/ Opportunistic lawsuits could stall economic recovery from COVID-19 https://www.insurancejournal.com/news/national/2020/04/15/564821.htm Emerging COVID-19 Coverage Questions to Consider for Your Commercial-lines Clients – BI Is Just the Tip of…
Read MoreLatest on COVID-19 Update
The Latest Guidance on Paycheck Protection Program Loans The CARES Act was passed on March 27 and established the Paycheck Protection Program (PPP), which was designed to provide temporary relief to eligible organizations. With the PPP came some confusion and room for interpretation. Guidance is being released quickly and changing daily. The Department of the…
Read MorePaycheck Protection Program Emergency Small Business Loans Are Available to PIAW Members! Apply Starting Friday!
As you may know, a new federal law (the CARES Act) includes emergency loans available to small businesses through the SBA. Many PIA members will be eligible, and the first day to apply is Friday, April 3rd! It is possible that there will not be enough money allocated to this purpose for every business to…
Read MorePIAW MEMBERS ALERT – Families First Coronavirus Response Act
As originally published by Axley Attorneys Attention PIAW Members: The Families First Coronavirus Response Act, which becomes effective April 1, 2020, requires covered employers to provide employees with paid sick leave (Emergency Paid Sick Leave Act) and expanded family and medical leave (Emergency Family and Medical Leave Expansion Act) for specified reasons related to the…
Read MoreCOVID-19 Update for Members
March 26, 2020 FFCRA: How to follow the new employee leave mandates and get reimbursed by the Feds The Families First Coronavirus Response Act (FFCRA) creates new, mandatory, requirements on employers to provide paid leave to employees if their absence is related to a pandemic. Does not take effect until April 1, 2020. No leave…
Read More9 Tips to Make Working Remotely Work for You and Your Employer
Originally Published by Jill J. Johnson The concept of remote working has been around for a long time. Many entrepreneurs have mastered the ability to work virtually, but it is often a major challenge for those who normally work in a busy office setting to shift to working outside their traditional office environment. Working remotely…
Read MoreEmergency Order #12 Safer at Home Order
Wisconsin Governor Tony Evers has issued a “shelter-in-place” order, calling on all citizens to stay home in order to slow the spread of the COVID-19 coronavirus. Wisconsinites can leave home to get groceries, medicine, and other essential supplies. We can leave our homes to exercise outdoors, as long as we practice social distancing and stay…
Read MoreCovid-19, Agency Value, and Insurance M&A
By Jon Persky, CIC, CPA, PHR Our way of life has substantially changed (at least temporarily) due to Covid-19. But how does that affect agency value and your plans to buy or sell an agency? While the insurance industry is relatively recession-proof, Covid-19 can and will have an impact on the insurance industry M&A in…
Read More