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Sanford & Tatum Blog

All You Ever Wanted to Know About Insurance

News Brief: CVSA’s Brake Safety Week Scheduled for Aug. 25-31

CVSA’s Brake Safety Week Scheduled for Aug. 25-31 - The Commercial Vehicle Safety Alliance (CVSA) recently scheduled this year’s Brake Safety Week for Aug. 25-31, 2024. This annual event aims to emphasize the importance...

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Coverage Insights: The Importance of Timely Notice Under Claims-made Liability Policies

The Importance of Timely Notice Under Claims-made Liability Policies - Claims-made liability policies require timely notice of claims or circumstances that could lead to a claim for an insured to qualify for coverage....

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2024 Midyear Market Outlook: Workers Compensation Insurance

Workers Compensation Insurance - Profitable underwriting results have generated favorable conditions across the workers’ compensation insurance market for nearly a decade. According to the National Council on...

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2024 Midyear Market Outlook: Cyber Insurance

Cyber Insurance - Heightened claim frequency and severity have created a volatile cyber insurance market in recent years, with most policyholders facing ongoing premium increases. Fortunately, the segment experienced...

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Legal Update: US Supreme Court Overrules Cheveron Deference

US Supreme Court Overrules Chevron Deference - On June 28, 2024, the U.S. Supreme Court issued a decision in Loper Bright Enterprises v. Raimondo and Relentless Inc. v. Department of Commerce. The Court overruled its...

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News Brief: Forecasters Up Their Hurricane Outlook After Hyperactive Beryl

Forecasters Up Their Hurricane Outlook After Hyperactive Beryl - Researchers at Colorado State University have upped their forecast for this year’s Atlantic hurricane season, now projecting at least 25 named storms,...

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Legal Update: Texas Federal District Court Partially Blocks the FTC's Noncompete Ban

Texas Federal District Court Partially Blocks the FTC's Noncompete Ban - On July 3, 2024, the U.S. District Court for the Northern District of Texas granted the plaintiffs’ motion in Ryan LLC v. FTC for a preliminary...

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Compliance Overview: Using HSAs, Health FSAs and HRAs for Over-the-Counter Items

Using HSAs, Health FSAs and HRAs for Over-the-Counter Items - Health savings accounts (HSAs), health flexible spending accounts (FSAs) and health reimbursement arrangements (HRAs) may provide tax-free reimbursements of...

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Compliance Bulletin: The DOL Overtime Rule’s Impact on Employee Benefits

The DOL Overtime Rule’s Impact on Employee Benefit - The U.S. Department of Labor (DOL) final rule issued on April 23, 2024, increases the salary thresholds used to determine whether executive, administrative and...

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News Brief: Large Jury Verdicts Rising Steadily, Especially for Product Liability

Large Jury Verdicts Rising Steadily, Especially for Product Liability - According to a recent report from the U.S. Chamber of Commerce’s Institute for Legal Reform (ILR), large jury verdicts over $10 million continue to...

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