APRIL 7, 2020 UPDATE: Survey of State Insurance Department COVID-19 Regulatory Actions
As questions loom regarding stay at home orders and qualifications for essential services, insurance regulators continue to proactively address insurance concerns in all lines of business. Particular interest in the current update includes further expansion of telehealth (including veterinarians)…
Considerations for Holding Virtual Annual Shareholder Meetings in Light of COVID-19
In light of Coronavirus Disease 2019 (“COVID-19”), the Securities and Exchange Commission (“SEC”) recently released guidance to assist public companies with their upcoming annual shareholder meetings. As explained in the SEC’s press release announcing the guidance, “[t]he guidance is designed to…
Navigating COVID-19: Medicare Advantage and Part D Prescription Drug Plans
As the COVID-19 pandemic has emerged over the past month, state insurance departments have issued directives in reaction to the crisis, requiring such actions as a temporary moratorium on cancellations and coverage for telehealth in a variety of circumstances. But one major market segment of health…
Auto Insurers Asked to Waive Commercial Use Exclusion during COVID-19 Shutdown
In this time of shutdown orders and social distancing, businesses have been forced to rapidly adapt. The service industry, and especially restaurants, have quickly pivoted to providing delivery services with wait staff and other employees using their personal vehicles to make delivery runs. Other…
CARES Act – Large Enough to Help Medium-sized Businesses
A lot of attention has surrounded the relief provided to individuals and small businesses under the Coronavirus Aid, Relief and Economic Security Act (CARES Act) signed by the president on March 27, 2020. But medium-sized businesses are also eligible for relief under the CARES Act. Title IV of the…