Thursday, July 16, 2020

Commercial Insurance Forecast: Cloudy with A Chance of Increased Premiums

When it rains it pours...

If things aren't bad enough, the insurance marketplace is following suit. We are seeing premium increases, many sizable, for more lines of insurance than we've experienced in recent memory. Along with the increases, we are also experiencing more restrictive coverage, minimum premium increases, lower limits and some carriers are even exiting certain markets altogether. But, there is reason for optimism!

Now more than ever it's important to have a 'beacon in the storm' advocating for you at your next renewal.

Hawley & Associates specializes in providing innovative insurance solutions exclusively for nonprofit, social service and human service organizations. It's all we do and we can help you navigate through your next renewal.

Our unique specialization gives us an advantage in accessing hard-to-find specialty markets and aggressively negotiating for the lower premiums and coverage you need to fulfill your important mission.

We can DO when others can't!

Cost Saving Quotes

We intimately understand the nuances of insurance in this vital sector, as well as the balance between your bottom line and the coverage you needed to protect the life-changing work that you do.

Come on in out of the rain, and contact us today!

Wednesday, July 8, 2020

New Executive Order Signed to Support Child Welfare Systems

As child-protection agencies across the country struggle with multiple challenges related to the coronavirus pandemic, President Trump signed an executive order focused on strengthening child-welfare programs nationwide. We at Hawley and Associates were enthusiastic to read the underlying goals of this order, which include decreasing child maltreatment, empowering adoption programs and increasing support for at-risk families, with the goal that fewer children need to be separated from their home and placed in foster care.
The order also aims to enhance federal oversight of child-welfare requirements by having Health and Human Services (HHS) advise states on the use of federal funds to support legal representation for parents and kids. It also directs HHS Secretary Alex Azar to assist care-givers by increasing the availability of trauma-informed trainings, expanding education options, and addressing barriers to accessing federal funding.
The global pandemic has left child-protection agencies with a slew of issues. Some family proceedings have been disrupted, which at times has caused delay in the child’s exit from foster care to return home. Many biological parents have been denied normally routine in-person visits with children placed in foster care. All while some agencies are saying it’s become harder than ever to recruit new foster parents.
This executive order has come when our child-welfare systems have needed it most. It envisions three basic areas of reform:
  • Creating “robust partnerships” between state agencies and public, private, faith-based, and community organizations. The goals would include development for community-based, abuse-prevention and family support services and holding states accountable for recruiting an adequate number of foster and adoptive families.  
  • Improving resources provided to caregivers and those in care. The order says HHS will increase the availability of trauma-informed training, support guardianship through funding and grants, and enhance support for kinship care for the roughly 20,000 young people who age out of foster care each year.
  • Improving federal oversight over key statutory child-welfare requirements. Among other steps, this proposal directs HHS to advise sates on the possible use of federal funds to support high-quality legal representation for parents and children.
Martin Guggenheim, a law professor at New York University who focuses on children’s rights and family law, said he was heartened by the mention of legal representation.
“Rigorous research proves that improving parent representation is one of the best ways to promote the safety, permanency and well-being of children,” he said via email. “It significantly reduces the amount of time children must endure the trauma of foster care.”
Hawley and Associates commends this corrective legislative action to provide much needed aid to those serving our child-welfare systems and most importantly, the children who depend on them for their support and services. We are eager to see this order come into fruition and will be monitoring its progress closely.

Wednesday, June 24, 2020

Why Covid-19 Should Have You Rethinking Cyber Liability Insurance

In this day and age, organizations rely on computers, networks, and electronic data to complete essential tasks. With most companies implementing work-from-home guidelines due to the coronavirus pandemic, office staff are dependent on technology like never before. For organizations unfamiliar to the challenges of having staff work-from-home, there are dangerous cyber risks at play, such as hacking and data breaches, which can lead to costly damages for organizations trying to navigate these new waters.

Cybercrime is the fastest growing crime in the United States, and it’s increasing in complexity and cost. In 2019, cybercrime costs businesses over $2 trillion, and by 2021, it is estimated to cost the world $6 trillion annually. Because of this, the team at Hawley and Associates work diligently to ensure our clients are fully protected against any unforeseen circumstances.

It’s clear that cybercriminals have taken advantage of the opportunities presented by the pandemic and businesses are more likely to become victims as attacks quickly advance.  Social engineering is a tool of deception currently being used that relies on manipulating human emotions to bypass our critical thinking – a game that cybercriminals play all too well. They exploit uncertain or emotional situations to manipulate people into taking actions they would typically refrain from.

Attackers have been reveling in the chaos the pandemic has created by taking advantage of employees working from home, without the technical protections that their organization’s IT network usually provides. Additionally, many employees are working from their personal computers, often shared with family members, all while processing sensitive and potentially personally identifiable information (PII) without the extra security of managed endpoint protection.  Many standard insurance policies are not intended to act in such dispersed environments, leaving policy holders less protected against wire transfer fraud and other attacks.

WHY CYBER INSURANCE IS IMPORTANT
The loss, compromise or theft of electronic data can have a detrimental impact on a business, including the loss of customers and revenue. Businesses may also be liable for damages stemming from the theft of third-party data. Cyber liability coverage is crucial to protect businesses against the risk of cyber events, including those related to breach of data, lost devices, and terrorism.
Cyber insurance policies are sold by many of the same carriers that provide business insurance, such as E&O insurance, business liability insurance and commercial property insurance. Most policies also include first-party and third-party coverage. First-party coverage applies to the losses that directly impact a company, while third-party coverage applies to losses suffered by others from a cyber event or incident, depending on their business relationship with that company.
Having a cyber insurance policy in place helps cover the financial losses that result from cyber-attacks. Furthermore, cyber-risk coverage helps with the costs associated with remediation, including payment for legal assistance, investigators, crisis communicators, and customer credits or refunds.

MAKE SURE YOU ARE PROTECTED

Because cyber liability insurance is relatively new and rapidly evolving, policies will vary widely from one provider to the next. We here at Hawley and Associates take pride in the strong relationships we’ve maintained with our insurance carriers and are steadfast in our mission to provide the right policy you need to guarantee you and your organization are well protected.  We carefully review policy details to ensure it contains the necessary protections and provisions needed for each specific type of business. In addition, we evaluate whether policies provide protection against known and emerging cyber incidents and threat profiles.


The coronavirus pandemic has taken its toll on every industry in the world, which has opened unimaginable doors for cyber-criminals. Because of this, we have seen an uptick in cyber liability claims come across our desks from organizations of all sizes. This assures one common fear we all have – no one is safe from these attacks. Therefore, if your organization has inadequate cyber liability insurance coverage, or maybe you have none at all, please contact us for a free quote and to answer any questions you might have on how to better protect your mission.

Wednesday, June 17, 2020

Wendy’s Wonderful Kids Expanding into Nevada


Some more good news to reach the headlines! Late last month, the Dave Thomas Foundation for Adoption announced they were expanding the Wendy’s Wonderful Kids program to Nevada. Through this program, the Foundation supplies funding to adoption agencies to hire recruiters who implement an evidence-based, child-focused recruitment model. According to the Foundation, the model of the program has been proven to be up to three times more effective at serving children who have been in foster care the longest, including teenagers, sibling groups and children with special needs.
The Dave Thomas Foundation for Adoption has worked tirelessly for almost 30 years to find permanent homes for more than 155,000 children in North America’s foster care systems. In 2017, the Foundation introduced a business plan to full scale the program across all 50 states and Washington D.C. As the plan comes to an end of phase one, Wendy’s Wonderful Kids program is now under statewide expansion in Colorado, Kentucky, Louisiana, New York, North Carolina, Oklahoma, Utah, Washington and now, Nevada. To date, this program has helped find adoptive homes for more than 9,000 children across the United States, including 146 youth in Nevada, the Dave Thomas Foundation stated.
Here’s a closer look at what has already been accomplished in Nevada:
  • 406 children served
  • 99 children currently on caseloads
  • 238 children with families waiting for court finalization
  • 146 permanent placements.
At Hawley and Associates, we believe every child is entitled to a loving family they can celebrate their successes and feel a sense of belonging. We are delighted to witness such massive action being taken by the Dave Thomas Foundation for Adoption. An evidence-based program, such as Wendy’s Wonderful Kids, is precisely the type of work needed to permanently place all children in foster care into safe, loving homes. We are looking forward to watching this incredible program expand across North America.

Friday, June 12, 2020

Hurricane Safety and Preparedness


The hurricane season officially starts on June 1st and ends on November 30th. The 2020 North Atlantic hurricane season is off to a historically fast start with already three named storms by early June.  This year will mark the sixth consecutive year that a named storm has preceded the official start of hurricane season. The 30-year average number of named storms is 13.  This year experts predict 17 named storms.


According to The Weather Channel, they have seen 5 unusual events so far this season:
  • Three named storms have already formed in the 2020 Atlantic hurricane season (none of these became a hurricane).
  • Cristobal was the earliest "C" storm (or third named storm) on record and its remnants tracked to Wisconsin.
  • Bertha made landfall one hour after it formed.
  • All three storms brought impact to the U.S.
Below are some helpful resources to assist you in creating a clear hurricane plan that can help your company minimize injuries and property damage and get back in business quickly following a storm:

FEMA Hurricane Tool Kit
FEMA – "Every Business Should Have A Plan"


Hawley & Associates wishes everyone safety this hurricane season. If you have questions about your insurance coverage or would like an insurance policy review, please contact us!