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The latest insurance articles, insight, and news from Ollis/Akers/Arney Insurance & Business Advisors.

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CVSA Officially Reschedules Annual International Roadcheck

August 18, 2020
Due to concerns about public health and safety in the midst of the COVID-19 pandemic, the Commercial Vehicle Safety Alliance (CVSA) postponed its annual International Roadcheck back in March. While it was previously scheduled for May 5-7, the CVSA recently announced that the event has been officially rescheduled for Sept. 9-11, 2020. The International Roadcheck…
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The Hard Market Has Arrived, Get Prepared

The Hard Market Has Arrived, Get Prepared

August 16, 2020
As we move into the second half of 2020, our battle with COVID-19 continues. Businesses are rightfully focused on this challenge and may not be prepared for another obstacle they are facing – the hardening commercial insurance marketplace. The “hard” market is causing premiums to rise and coverages to become more restrictive. We haven’t experienced…
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Top Reasons to Secure Cyber Insurance

Top Reasons to Secure Cyber Insurance

August 7, 2020
Many organizations incorrectly label cyber insurance as a luxury purchase rather than a necessity. In fact, a recent survey conducted by insurance experts found that nearly 60% of small and midsized companies don’t have any type of cyber insurance. What’s worse, less than 30% of those companies feel inclined to purchase a such a policy…
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Preparing for the Hard Market

Preparing for the Hard Market

June 28, 2020
The insurance marketplace is a funny place; pricing and availability can appear and disappear seemingly at random, and predicting changes is more an art form than a science. Some years, insurance buyers benefit from falling costs and expanded coverage. Other times, when markets harden, business owners must make tough choices regarding their insurance and loss…
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Fighting the Coronavirus Infodemic

Fighting the Coronavirus “Infodemic”

June 25, 2020
In addition to fighting the health effects of the COVID-19 pandemic, public health experts are also fighting the effects of what they refer to as an info-demic. Defined as an outbreak of misinformation, doctors across the country are saying that this infodemic is making it harder to treat patients. Moreover, this misinformation can lead to…
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OSHA Guidance for Reopening Nonessential Businesses

OSHA Guidance for Reopening Nonessential Businesses

June 23, 2020
On June 18, 2020, the Occupational Safety and Health Administration (OSHA) released guidance to help employers plan how to reopen nonessential businesses. The guidance also addresses issues employers should consider as they ask their employees return to work during the COVID-19 pandemic. OSHA’s guidelines for reopening nonessential businesses provide general principles for updating restrictions that…
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Reducing Employees’ Stress Through Voluntary Benefits

Reducing Employees’ Stress Through Voluntary Benefits

June 16, 2020
Financial stress is a significant, ever-present burden for many Americans. Money gets tight for everyone once in a while—especially amid crises like the coronavirus pandemic—but for some, it never goes away. In fact, according to an economic report from the Federal Reserve, nearly 4 in 10 American adults wouldn’t be able to come up with…
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SBA Issues Two Additional PPP Final Interim Rules

SBA Issues Two Additional PPP Final Interim Rules

May 31, 2020
The Small Business Administration (SBA) recently released two additional final interim rules to provide further guidance for Paycheck Protection Program (PPP) loan borrowers and lenders. Specifically, the two rules provide guidance for loan review procedures, loan forgiveness, and borrower and lender responsibilities. This article provides a general overview of the two final interim rules. For…
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CISA Warns Against COVID-19 Cyber Crime

CISA Warns Against COVID-19 Cyber Crime

May 2, 2020
According to the Cybersecurity and Infrastructure Security Agency (CISA), malicious cyber actors are taking advantage of public concern surrounding COVID-19 by conducting phishing attacks and disinformation campaigns. CISA is encouraging individuals to guard against COVID-19-related phishing attacks and disinformation campaigns by taking the following precautions: Avoid clicking on links in unsolicited emails, and be wary…
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From The Desk of Richard Ollis 5/1/2020 Update

Breaking Down the Reopening of Our Communities – 5/1/2020 Update

May 1, 2020
May will be an important month in our continuing battle with COVID-19. Effective May 4th, Missouri Governor Parson updated our state order and we will begin a phased approach to reopening our state. The City of Springfield and Greene County also issued new orders effective May 4th. Here’s what to expect on May 4th and…
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