MARCH 31, 2020 UPDATE: Survey of State Insurance Department COVID-19 Regulatory Actions
State insurance regulators continue to respond to issues surrounding COVID-19. States are addressing a wide variety of issues, including (1) the treatment of "insurance" as an "essential business" in light of "Stay at Home" orders; (2) encouraging continued flexibility when dealing with insureds…
IRS Temporarily Allows Use of Electronic Signatures and Email Document Transmission in Response to COVID-19
In an Internal Revenue Service (IRS) interim guidance memorandum authored by Sunita Lough, Deputy Commissioner, Services and Enforcement, the IRS has temporarily approved the acceptance of “signature images” and “digital signatures” on certain IRS documents, and to send documents to and receive…
UPDATE: Wage and Hour Division of Department of Labor Provides Guidance On Employers' Responsibilities Under the Families First Coronavirus Response Act
March 26, 2020
by Nathan A. Read
On March 18, 2020, President Trump signed into law the Families First Coronavirus Response Act (the “FFCRA”). The FFCRA contains several important provisions that require employers to offer paid leave for employees unable to work due to issues related to coronavirus (or COVID-19), whether through…
FDA Updates Prevention, Diagnosis, and Treatment Policies in Response to COVID-19
To limit the spread of COVID-19 throughout the United States, the Food and Drug Administration (FDA) has promulgated policies to focus on the prevention, diagnosis, and treatment of the COVID-19 virus. Further, as states implement COVID-19 control measures, some day-to-day enforcement regulations…
MARCH 25, 2020 UPDATE: Survey of State Insurance Department COVID-19 Regulatory Actions
The pace of state regulation in response to COVID-19 hasn’t slowed. In the last few days, many states have (1) waived or extended certain licensing requirements for agents and adjusters; (2) urged carriers to allow grace periods for premium payments, temporarily suspended premium payments, offer…