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Cook Maran.

Looking for the latest from Cook Maran—or what's new in the commercial or personal insurance industry? You'll find it here.

Aug
04
2017

Paid Family Leave

Posted in Employee Benefits
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“Starting in January 2018, Paid Family Leave (PFL) will take effect for New Yorkers. NY PFL will be one of the most comprehensive paid family leave programs in the country. All New York “covered employers” (typically private sector employers with one or more employees who have private sector statutory disability insurance / DBL), have to
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May
31
2017

What smart steps are needed for those who live in a “smart home”?

Posted in Personal Insurance
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“In February, New York governor Andrew Cuomo announced comprehensive cybersecurity regulations for the financial services industry in his state that took effect March 1. The process initiating those regulations had started almost three years before, after significant data breaches occurred, affecting tens of millions of consumers and causing major financial losses for the companies they did
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Dec
07
2016

Five Steps to Help Keep Liability in Check During Clinical Trials

Posted in Commercial Insurance
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“There is perhaps no riskier time in a product’s development cycle than during clinical trials. With the introduction of human research subjects, patient safety is paramount. Any failure to uphold rigorous standards not only leaves your company subject to the threat of costly litigation, it can cause irreparable damage to your reputation.” To continue reading,
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Dec
01
2016

Risk on the Front Line: Tips for Managing Sales Force Liability

Posted in Commercial Insurance
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“Your sales force is one of your most important assets. On the front line, they’re your company’s connection to the medical community and an important source of both profits—and potential product liability. Developing appropriate policies regarding sales force liability exposures—and properly training and supervising representatives regarding these policies—can go a long way in reducing your
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Oct
07
2016

Risk Management for Life Sciences Companies: The Complexity of Claims-Made Liability Coverage

Posted in Commercial Insurance
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“Life Sciences product liability claims can be particularly complex due to potential lag time in incidents of bodily injury or other losses occurring. This potential delay was the ultimate historical cause for the creation of claims-made coverage, the type of liability coverage afforded to Life Sciences organizations (versus the traditional occurrence-based coverage). Ironically, it is
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