Stay At Home Order
On 3/24, Governor Inslee issued a two week stay at home order to people who do not work in essential businesses. "In accordance with this order, the Governor has designated the following list of "Essential Critical Infrastructure Workers" to help state, local, tribal, and industry partners as they work to protect communities, while ensuring continuity of functions critical to public health and safety, as well as economic and national security." Insurance companies are included in the financial services sector that were deemed essential. "Workers who are needed to process and maintain systems for processing financial transactions and services (e.g., payment, clearing, and settlement; wholesale funding; insurance services; and capital markets activities."
New Federal Sick Leave Law
Recently Congress passed The Families First Coronavirus Response Act,
which goes into effect this Thursday, April 2. Click here to see a detailed analysis of the new
law which requires employers to provide 10 business days of paid sick leave
to employees which will be reimbursed by the federal government through
tax credits. Employers are required to post this notice of
employee rights under the Act to educate employees
OIC Urges Auto Insurers to Extend Coverage to Delivery Drivers
Our OIC is urging all insurers to extend automobile insurance
coverage for personal delivery drivers to aid people temporarily assigned this
duty during the coronavirus pandemic and they will expedite review and approval
of the endorsement filings. The endorsement would apply only to delivery
drivers for retail and service operations during the pandemic and Washington
state stay-home order. It doesn't apply to people who drive for other
commercial reasons, including rideshare or any commercial delivery businesses.
Protect Yourself From an E & O Claim
IIABW has been made aware that some insurance carriers are directing their agencies to deny certain claims related to the COVID-19/coronavirus - most specifically business income claims. The Big I strongly advises that agencies NOT make a coverage determination on behalf of any insurance carrier or deny any claims. Click here for more information.
SwissRe has written two documents to help protect your agency from
an E & O claim:
Resources Available to Employers