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On Our Mind: Tips for Working From Home

​​​​​​​By Jim Lombardo, CPCU, AAI, AIM, MBA, AVP of Learning & Development​ ​Like many others, I have been working from home this past week. Our house is a bit crowded and our routines are obviously off, but we have made it!!! My wife hasn’t asked me to go back to the office ...yet. That being said, we should all take this time to: Eat healthy- try to establish a diet with a bit more emphasis on fruits and vegetables Exercise – even if you start small- a walk around the neighborhood (just maintain your six feet of distance to the next person!)  Do something different- take…

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NYSDFS: Even During Pandemic, Client Consent Required For Emailed Policies

​The New York State Department of Financial Services has reaffirmed its opinion that insurers and producers must obtain a client's consent before providing electronic copies of policies. Since the enactment of New York's Electronic Signatures and Records Act​ in 1999, the DFS has consistently interpreted it as requiring insurers and producers to obtain prior consent from clients before sending them any insurance documents in electronic form. Big I New York and others had suggested to the department that they waive the prior consent requirement during the state of emergency declared by the governor in response to the COVID-19 outbreak.  However, a new post​ on the department's website…

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E&O Risk Management and the Coronavirus (COVID-19)

​By Swiss RE Corporate Solutions You are all very aware of the events of the last several weeks and the Coronavirus. We are not health experts and there are many others more qualified to give you that advice. We CAN, however, give advice regarding how to reduce the likelihood of an errors and omissions exposure as a result of this event. We have already become aware of some attorneys who are trying to take advantage of this situation for monetary gain against insurance agents. Our advice during this event is no different from what we have said in the past.  If your agency has developed…

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