IN THE PUBLIC EYE
The "In The Public Eye" newsletter is dedicated to exploring risk management topics and challenges faced by today's Public Sector leaders.
The April issue of In The Public Eye has arrived! If you have any questions about the articles in this issue or have any other insurance-related questions, please contact us.
IN THE PUBLIC EYE PODCAST
How Drones Help the Florida School Board Insurance Trust (FSBIT) Manage Risk
Alliant
The Florida School Board Insurance Trust (FSBIT) turned to drone technologies to help survey their school district properties, which span 12 counties. Eric Seaborg and James Woodside, Alliant, spoke with one of the founders of the program, Jill Thompson, Information Director, FSBIT to learn how the groundbreaking program got started. In addition, discuss how their use of drone technologies has improved their ability to survey properties in significantly less time and reduce the risk of accessing difficult-to-reach areas.
IN THE BROKER'S CORNER
Owner Controlled Insurance Programs (OCIPs) in Demand More Than Ever
Alliant
The effects that COVID-19 has had on the U.S and the world have been unprecedented. For public entities in the U.S., construction projects that were on the verge of starting and those that were mid-term when the pandemic hit caused a ripple in the many of them to be significantly delayed or stopped in their entirety.
NEWS
Crime Insurance or Bonds? That is the Question!
Alliant and California JPIA
While fidelity insurance and bonds are often considered to be an ancillary coverage by public entities, they really should be viewed as an essential element in any risk management program.
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CYBER CORNER
Anticipating Cyberinsurance Wartime Exclusion Questions
Law360
New reports have emerged of possible threats that Russia and Moscow-sponsored groups may increase ransomware and similar malicious cyber operations as part of the Russia-Ukraine war. David Finz, Alliant, joined Steven Stransky, Thompson Hine and Rick Yocum, TrustedSec in speaking with Law360 regarding measures businesses should be undertaking now to better prepare for potential incidents and claims.
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PUBLIC ENTITY
5 Rising Risk Trends Identified at PARMA 2022
Carrier Chronicles
From liability lessons to emerging litigation, the 2022 PARMA Annual Conference highlighted some of the most significant risk management issues impacting public entities.
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COMMERCIAL P&C
Experts Confirm Cyber Incidents Up Since Invasion of Ukraine; Insurance Underwriters Adapting
Insurance Journal
Since the start of the war in Ukraine, the number of cyber incidents in the U.S. has increased, and underwriters will need to adapt, according to a panel of experts at the PLUS Cyber Symposium.
EMPLOYEE BENEFITS
Transparency and Fiduciary Issues at the Forefront
Alliant
Over the past six months “transparency” has been getting a lot of attention. This started with the Final Rule on transparency from late 2020, the Consolidated Appropriations Act of 2021 (CAA) then added more transparency requirements and bolstered Final Rule requirements, and new Broker Disclosure rules from the CAA brought to light how transparency rules also impact existing ERISA fiduciary duties.
FINANCIAL SECURITY
Why Life Insurance Shouldn’t Be Overlooked During Estate Planning
Alliant
“Use it or lose it.” That’s the message estate lawyers and financial advisors are giving their clients regarding the estate and gift tax exemption.
ON A PERSONAL NOTE
April is National Humor Month!
Alliant
Pandemic…War…Gas Prices…Work Stresses…Home Stresses…It seems there is not a lot to laugh about these days. However, when it comes to relieving stress, more giggles are just what the doctor ordered.
CAMPUS CORNER
International Conflict's Impact on American Higher Ed
Alliant
The struggle to remain fiscally buoyant after nearly two-years battling the pandemic, colleges and universities were beginning to ramp-up their international programs hoping to rebuild their revenue lines.
EVENTS
Conferences, Speaking Engagements and Webinars
Alliant Public Entity attends and produces various events throughout the year. These events provide our team a chance to meet and network with members of the community, learn and present ideas.