Category: Commercial Insurance

SMALL BUSINESS ADMINISTRATION 13 CFR Part 120 SECTIONS 21747-21750

[Docket Number SBA–2020–0020] RIN 3245–AH36 Business Loan Program Temporary Changes; Paycheck Protection Program—Additional Eligibility Criteria and Requirements for Certain Pledges of Loans AGENCY: U. S. Small Business Administration. ACTION: Interim final rule. SUMMARY: On April 2, 2020, the U.S. Small Business Administration (SBA) posted an interim final rule (the First PPP Interim Final Rule) announcing […]

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PPP Loan Forgiveness Program – Interim Final Rule

SUMMARY: On April 2, 2020, the U.S. Small Business Administration (SBA) posted an interim final rule announcing the implementation of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The CARES Act temporarily adds a new program, titled the “Paycheck Protection Program,” to the SBA’s 7(a) Loan Program. The CARES Act also provides for […]

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2020 Property & Casualty Market Outlook

Uncertain Times Ahead: For 2020, the insurance market has reached a crossroads. After approximately 20 years of a soft, buyer-friendly insurance market, we are moving toward a firming or hardening market—one that is less friendly to insurance buyers. While the effects of this hardening insurance market on your business will depend on a variety of […]

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