There are many questions that cause anxiety for insurance leaders as they navigate the business implications of the COVID-19 pandemic, including: Will the effects of the pandemic last longer than expected, thereby causing a prolonged spike in life insurance claims? What reimbursement support or relief can the health insurers expect from the federal government for […]
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What Government Contractors Need To Know About The Defense Production Act
In mid-March, President Trump signed an executive order to invoke the Defense Production Act of 1950 (DPA), requiring private companies to prioritize government orders of essential supplies to combat the COVID-19 pandemic. Under the DPA, financial incentives are also permissible to private industry to expand production and capacity for necessary supplies and resources. According to FEMA, the […]
Read moreNavigating Supply Chains Risks During COVID-19 Crisis
For many businesses, COVID-19 has already caused significant supply chain disruption. Others are bracing for impact. These disruptions—the extent of which remain to be seen—are likely to last until the outbreak is contained and the global economy starts to rebound. While the novel coronavirus is front and center, it isn’t the only issue plaguing supply chains. […]
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