Highlighting News, Trends and Best Practices in Risk Management and Property & Casualty Insurance

2016 P&C Insurance Market Outlook

Posted by Rachel Smith on Jan 29, 2016 7:00:00 AM

What To Expect:

As we move into 2016, Ironwood is prepared to provide our clients with professional council on all of their risk and insurance needs.  

"2016... The Year Ahead" reviews highlights from the past year in the Property and Casualty Insurance Marketplace and predicts what will happen in 2016.  

Download our white paper and read what we foresee our industry will experience in the coming months.

Download

 

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Topics: Property&Casualty, Insurance, Insurance Brokerage, Risk Management, Insurance Coverage, Industry Trends

Changes in EU Data Protection Plan Laws

Posted by Rachel Smith on Nov 12, 2015 9:50:57 AM

Decision to Reject Current EU-US Safe Harbour Provisions

 With the recent rejection of the EU-US Safe Harbor provisions by the European Court of Justice, EU regulations on data privacy are changing.  If you do business in the European Union, it's important that you are prepared.

Sarb Sembi of STORM Guidance has written an informative article on the implications of the new courtdecision and how to remain legally compliant in your EU operations.  

Read the Article

For Questions on International Insurance Issues, Please contact Ironwood's International Practice Leader, Timothy S. Blanco, CPCU, CIC.  d: 912-650-2806 [email protected] 

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Topics: Property&Casualty, WBN, International Bulletin, Insurance, Insurance Brokerage, EU

UK's Insurance Premium Tax to Increase

Posted by Rachel Smith on Aug 12, 2015 7:00:00 AM

 

Effective 1 November 2015, standard rate of the UK’s Insurance Premium Tax will increase to 9.5% from 6.0% on new and renewal insurance policies. The higher rate of tax remains at 20%.

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Topics: Property&Casualty, WBN, International Bulletin, Insurance, Insurance Brokerage

New OSHA Reporting Requirement

Posted by Rachel Smith on Dec 8, 2014 7:00:00 AM

NEW OSHA REPORTING REQUIREMENT

Effective January 1, 2015 new reporting rules take effect for severe injury and illness under OSHA.  Under the new rules, all workplace fatalities must be reported to OSHA within 8 hours of the accident and all work related hospitalizations, amputations and loss of an eye within 24 hours. The previous requirements only required reporting when there was a fatality or three or more workers were hospitalized in the same incident.

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Topics: Property&Casualty, Insurance, Insurance Brokerage, Alert, OSHA, Risk Management

Email Hacking & Crime Claim Alert

Posted by Rachel Smith on Oct 14, 2014 7:00:00 AM

BACKGROUND

There has been an increase in claims activity involving email hacking. These situations involve either:  A third party hacks into your email/system posing as one of your regular vendors with instructions to send future payments to a new bank account; or  A third party hacks into your vendor’s computer and forwards updated banking instructions to be used for future payments or forwards what appears to be an actual invoice including updated banking instructions.

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Topics: Property&Casualty, Insurance, Insurance Brokerage, EmailHacking, Alert, Insurance Coverage