April 6, 2020
West Virginia Insurance Commissioner Issues Orders and Bulletins related to COVID-19 Crisis
West Virginia Insurance Commissioner Jim Dodrill has been active in dealing with the COVID-19 crisis, issuing six Emergency Orders and a series of Insurance Bulletins. The Commissioner started issuing Bulletins on March 9, 2020. On March 13, 2020, the Commissioner declared an “insurance emergency”…
April 5, 2020
This weekend, Governor Justice of West Virginia issued two Executive Orders directing additional measures to protect the health and safety of citizens in several counties considered “hot spots” for COVID-19 virus spread. On Friday, April 3, 2020, he issued an order affecting Berkeley, Jefferson, and Morgan counties, announcing that 38% of the COVID-19 positive cases are in the three counties. On…
April 4, 2020
On April 3, 2020, the Supreme Court of Appeals of West Virginia entered an amended order which extends the declaration of judicial emergency to May 1, 2020.
This amended order makes it clear that there are to be no hearings or “in person contact” in the court system in civil cases. It provides protection to litigants by automatically canceling all hearings and deadlines that fall between March…
April 3, 2020
Among the many sectors that are provided relief under the CARES Act, higher education institutions are set to receive both appropriations and regulatory flexibility. The following discusses many of those provisions.
Of the roughly $2 trillion emergency funding provided under the CARES Act, $30.75 billion is included for an Education Stabilization Fund to provide assistance and relief to the…
April 2, 2020
For sports fans, one impact of the COVID-19 pandemic is the loss of the college basketball national tournament, aka “March Madness.” The university shut-downs across the country have resulted in all spring-sports athletes losing their season. Generally, a loss of a season would mean the loss of a year of eligibility to compete, but the National Collegiate Athletic Association (“NCAA”) recently…
March 31, 2020
Owners of "non-essential” business enterprises have the stress of social distancing AND the worry of saving the business during the pandemic. A loss of income that is directly related to business closures, a break or delay in the supply chain, and/or the effects of social distancing may already appear in businesses’ financials. Now is the time to be proactive and review policies of insurance to…
March 30, 2020
The sports world came to a screeching halt amongst COVID-19 concerns and bans on crowds. The National Basketball Association (“NBA”) led this charge when several players tested positive for COVID-19. The pandemic shut down of the NBA has contractual implications for all players. NBA players may also go without pay due to the force majeure clauses in the NBA’s collective bargaining agreement. …
March 27, 2020
After intense negotiations, Congress passed the $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act (“CARES”) to provide direct assistance to individuals, businesses, and state and local governments to help them address the coronavirus (“COVID-19”) pandemic. President Trump signed CARES into law.
CARES provides relief to businesses in two ways: (1) business interruption loans through…
March 27, 2020
Scammers and hackers are exploiting the confusion and distress caused by COVID-19 to attack while people are most vulnerable. The FBI’s Internet Crime Complaint Center recently issued a public service announcement warning citizens to be vigilant in reviewing their emails due to email-based fraud, malware, and other schemes that are purposefully utilizing the COVID-19 crisis to lure unsuspecting…
March 27, 2020
After intense negotiations, Congress passed the $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act (“CARES”) to provide direct assistance to individuals, businesses, and state and local governments to help them address the coronavirus (“COVID-19”) pandemic. President Trump signed CARES into law.
CARES provides tax relief provisions applicable to individuals, including:
Impact to…
March 27, 2020
Governor Beshear signed Senate Bill 150 on March 30, 2020, which addresses COVID-19 effects on the Commonwealth, specifically to allow for quick response by the healthcare system and protect those responding to the emergency. The new law also addresses other issues directly affecting employers.
Unemployment
Codifies the acts undertaken by Executive Order to allow for the expansion of unemployment…
March 26, 2020
In response to COVID-19, the Securities and Exchange Commission (“SEC”) has taken a variety of actions to assist and advise registered companies. These actions include:
April 6, 2020
West Virginia Insurance Commissioner Issues Orders and Bulletins related to COVID-19 Crisis
West Virginia Insurance Commissioner Jim Dodrill has been active in dealing with the COVID-19 crisis, issuing six Emergency Orders and a series of Insurance Bulletins. The Commissioner started issuing Bulletins on March 9, 2020. On March 13, 2020, the Commissioner declared an “insurance emergency”…
April 5, 2020
This weekend, Governor Justice of West Virginia issued two Executive Orders directing additional measures to protect the health and safety of citizens in several counties considered “hot spots” for COVID-19 virus spread. On Friday, April 3, 2020, he issued an order affecting Berkeley, Jefferson, and Morgan counties, announcing that 38% of the COVID-19 positive cases are in the three counties. On…
April 4, 2020
On April 3, 2020, the Supreme Court of Appeals of West Virginia entered an amended order which extends the declaration of judicial emergency to May 1, 2020.
This amended order makes it clear that there are to be no hearings or “in person contact” in the court system in civil cases. It provides protection to litigants by automatically canceling all hearings and deadlines that fall between March…
April 3, 2020
Among the many sectors that are provided relief under the CARES Act, higher education institutions are set to receive both appropriations and regulatory flexibility. The following discusses many of those provisions.
Of the roughly $2 trillion emergency funding provided under the CARES Act, $30.75 billion is included for an Education Stabilization Fund to provide assistance and relief to the…
April 2, 2020
For sports fans, one impact of the COVID-19 pandemic is the loss of the college basketball national tournament, aka “March Madness.” The university shut-downs across the country have resulted in all spring-sports athletes losing their season. Generally, a loss of a season would mean the loss of a year of eligibility to compete, but the National Collegiate Athletic Association (“NCAA”) recently…
March 31, 2020
Owners of "non-essential” business enterprises have the stress of social distancing AND the worry of saving the business during the pandemic. A loss of income that is directly related to business closures, a break or delay in the supply chain, and/or the effects of social distancing may already appear in businesses’ financials. Now is the time to be proactive and review policies of insurance to…
March 30, 2020
The sports world came to a screeching halt amongst COVID-19 concerns and bans on crowds. The National Basketball Association (“NBA”) led this charge when several players tested positive for COVID-19. The pandemic shut down of the NBA has contractual implications for all players. NBA players may also go without pay due to the force majeure clauses in the NBA’s collective bargaining agreement. …
March 27, 2020
After intense negotiations, Congress passed the $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act (“CARES”) to provide direct assistance to individuals, businesses, and state and local governments to help them address the coronavirus (“COVID-19”) pandemic. President Trump signed CARES into law.
CARES provides relief to businesses in two ways: (1) business interruption loans through…
March 27, 2020
Scammers and hackers are exploiting the confusion and distress caused by COVID-19 to attack while people are most vulnerable. The FBI’s Internet Crime Complaint Center recently issued a public service announcement warning citizens to be vigilant in reviewing their emails due to email-based fraud, malware, and other schemes that are purposefully utilizing the COVID-19 crisis to lure unsuspecting…
March 27, 2020
After intense negotiations, Congress passed the $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act (“CARES”) to provide direct assistance to individuals, businesses, and state and local governments to help them address the coronavirus (“COVID-19”) pandemic. President Trump signed CARES into law.
CARES provides tax relief provisions applicable to individuals, including:
Impact to…
March 27, 2020
Governor Beshear signed Senate Bill 150 on March 30, 2020, which addresses COVID-19 effects on the Commonwealth, specifically to allow for quick response by the healthcare system and protect those responding to the emergency. The new law also addresses other issues directly affecting employers.
Unemployment
Codifies the acts undertaken by Executive Order to allow for the expansion of unemployment…
March 26, 2020
In response to COVID-19, the Securities and Exchange Commission (“SEC”) has taken a variety of actions to assist and advise registered companies. These actions include:
