Risk Management

08 Jul Legislative Update: Multiple Amendments to Florida’s Condominium Act Took Effect July 1st

Posted at 14:27h in 2021, Commercial Insurance, Condominium Governance, Directors & Officers, Risk Management

By Anita Byer, Setnor Byer Insurance & Risk Did you know that multiple changes to Florida’s Condominium Act went into effect July 1, 2021? As a result, board members have an obligation to find out if and how these new and amended laws may affect their...

25 Jun This is What Businesses Need to Know About Florida’s COVID-19 ‘Vaccine Passport’ Ban

Posted at 21:41h in 2021, Commercial Insurance, COVID-19, Risk Management

By Anita Byer, Setnor Byer Insurance & Risk Florida’s ban on so-called COVID-19 ‘vaccine passports’ begins July 1, 2021. Unlike guidance issued by public health authorities like the Centers for Disease Control and Prevention, Florida’s ban on COVID-19 vaccine passports is mandatory, not voluntary. Those who...

18 Jun Florida Condominiums Must Now Provide Notice of Late Assessment to Collect Attorney’s Fees

Posted at 16:23h in 2021, Commercial Insurance, Condominium Governance, Risk Management

Florida’s Condominium Act has a new notice requirement. This may come as welcome news to probably no board members, but it involves the collection of past due assessments, so it’s important. Beginning July 1, 2021, condominium associations may not demand or collect attorney’s fees related...

04 Jun This Is What Businesses Need To Know About Florida’s COVID-19 Liability Protection Law

Posted at 20:59h in 2021, Commercial Insurance, COVID-19, Professional Liability, Risk Management, Safety

Florida’s COVID-19 liability protection law should help businesses avoid baseless coronavirus-related liability claims. After all, COVID-19 taught us that it’s virtually impossible to avoid a highly-contagious virus in the midst of a global pandemic. Virus-free zones are an illusion. The risk of exposure and infection...

14 May NOAA Updates Hurricane Season ‘Averages’, Highlights Disturbing Trend

Posted at 22:41h in 2021, Commercial Insurance, Flood Insurance, hurricane season, Personal Insurance, Risk Management, Safety

This is the time of year when most of us start thinking about the upcoming Atlantic hurricane season, which officially begins June 1st. We anxiously await forecast predictions to find out whether this season’s storm activity will be above-, near-, or below-average. But what’s considered...

03 May How Will the NFIP’s New Pricing Model Affect Your Flood Insurance Premiums?

Posted at 19:27h in Commercial Insurance, Flood Insurance, Personal Insurance, Risk Management

Are you ready for Risk Rating 2.0? The National Flood Insurance Program (NFIP) is rolling out the first major update to its rating and pricing methodology in 50 years. This is a big deal because the NFIP provides about $1.3 trillion of flood insurance coverage...

02 Apr Largest Minimum Wage Increase in Florida History is Less than Six Months Away

Posted at 13:41h in Commercial Insurance, Employee Benefits, Human Resources, Labor & Employment Law, Risk Management

When Florida enacted its own minimum wage in 2005, the minimum hourly wage went up $1. Despite going up every year since, this is still the largest single increase in Florida history…for now. On September 30, 2021, Florida’s minimum wage will go from $8.65 to...

17 Mar OSHA Launches Program to Protect High-Risk Workers from COVID-19

Posted at 15:06h in Commercial Insurance, COVID-19, Human Resources, Labor & Employment Law, Risk Management, Safety

Did you know that OSHA is specifically targeting restaurants, supermarkets and other businesses for COVID-related inspections? The Occupational Safety and Health Administration recently launched a National Emphasis Program (NEP) to significantly reduce the number of workplace exposures to COVID-19. To accomplish this goal, OSHA will...

27 Feb EEOC’s Enforcement and Litigation Capabilities Endure Despite COVID-19

Posted at 20:57h in Commercial Insurance, Human Resources, Labor & Employment Law, Risk Management

The Equal Employment Opportunity Commission released its enforcement and litigation data for fiscal year 2020. COVID-19, it seems, did not impair the EEOC’s ability to enforce the nation’s equal employment opportunity laws. In 2020, the EEOC: received 67,448 charges of workplace discrimination;responded to more than 470,000...

19 Feb Business Insurance 101: Certificates of Insurance

Posted at 20:16h in Auto Insurance, Commercial Insurance, Condominium Governance, Cyber Risk, Professional Liability, Risk Management

Certificates of Insurance make the business world go round and round. General contractors demand them from subcontractors. Commercial lenders request them from borrowers. Landlords require them from tenants. Virtually every business will request or will be asked to provide a Certificate of Insurance at one...