Arch Insurance to Host Webinar on New Paid Family and Medical Leave Programs in Delaware, Maine, Maryland and Minnesota
June 20 2024 - 2:00PM
Business Wire
The presentation, given in conjunction with the
Disability Management Employer Coalition, will help businesses with
employees in these states navigate proposed paid family and medical
leave requirements.
Arch Insurance North America (Arch Insurance), a provider of
short-term disability insurance and paid family and medical leave
(PFML) coverage, today announced it has teamed up with the
Disability Management Employer Coalition (DMEC) to present a
webinar that reviews proposed PFML requirements in Delaware, Maine,
Maryland and Minnesota.
The presentation, “Paid Family and Medical Leave Updates — DE,
ME, MD, MN,” will be presented online at noon ET on Wednesday, June
26, and is tailored to businesses with operations in these
states.
“These four states have already passed legislation and are in
the process of enacting programs that require employers to offer
paid family and medical leave,” says Thomas Foschino, Vice
President of Accident & Health at Arch Insurance.
“Understanding these requirements is important for employers, human
resources departments and employee benefits brokers. This session
will provide an overview of how to navigate these new
requirements.”
Webinar attendees will receive a comparison overview of each
state’s required benefits, contribution rates, proposed state
pre-funding timelines and private plan options.
For a complimentary registration to “Paid Family and Medical
Leave Updates – DE, ME, MD, MN,” sign up at
https://dmec.org/2024/03/18/2024-tools-tactics-paid-family-and-medical-leave-updates-de-me-md-mn/
and use coupon code 24ARCH1.
About Arch Accident & Health:
Arch Accident & Health is a leading provider of innovative
insurance solutions, committed to redefining industry standards
through technological advancements and unparalleled client support.
Arch’s focus is on service excellence with a dedication to
delivering product and industry expertise.
About Arch Insurance North America
Arch Insurance North America, part of Arch Capital Group Ltd.,
includes Arch’s insurance operations in the United States and
Canada. Business in the U.S. is written by Arch Insurance Company,
Arch Specialty Insurance Company, Arch Property & Casualty
Insurance Company and Arch Indemnity Insurance Company. Business in
Canada is written by Arch Insurance Canada Ltd.
About Arch Capital Group Ltd.
Arch Capital Group Ltd., a publicly listed Bermuda exempted
company with approximately $22.1 billion in capital at March 31,
2024, provides insurance, reinsurance and mortgage insurance on a
worldwide basis through its wholly owned subsidiaries.
Cautionary Note Regarding Forward-Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a
"safe harbor" for forward−looking statements. This release or any
other written or oral statements made by or on behalf of Arch
Capital Group Ltd. and its subsidiaries may include forward−looking
statements, which reflect the Company’s current views with respect
to future events and financial performance. All statements other
than statements of historical fact included in or incorporated by
reference in this release are forward−looking statements.
Forward−looking statements can generally be identified by the
use of forward−looking terminology such as "may," "will," "expect,"
"intend," "estimate," "anticipate," "believe" or "continue" or
their negative or variations or similar terminology.
Forward−looking statements involve the Company’s current assessment
of risks and uncertainties. Actual events and results may differ
materially from those expressed or implied in these statements. A
non-exclusive list of the important factors that could cause actual
results to differ materially from those in such forward-looking
statements includes the following: adverse general economic and
market conditions; increased competition; pricing and policy term
trends; fluctuations in the actions of rating agencies and the
Company’s ability to maintain and improve its ratings; investment
performance; the loss of key personnel; the adequacy of the
Company’s loss reserves, severity and/or frequency of losses,
greater than expected loss ratios and adverse development on claim
and/or claim expense liabilities; greater frequency or severity of
unpredictable natural and man-made catastrophic events, including
pandemics such as COVID-19; the impact of acts of terrorism and
acts of war; changes in regulations and/or tax laws in the United
States or elsewhere; ability to successfully integrate, establish
and maintain operating procedures as well as integrate the
businesses the Company has acquired or may acquire into the
existing operations; changes in accounting principles or policies;
material differences between actual and expected assessments for
guaranty funds and mandatory pooling arrangements; availability and
cost to the Company of reinsurance to manage the our gross and net
exposures; the failure of others to meet their obligations to the
Company; a disruption caused by cyber-attacks or other technology
breaches or failures on the Company or the Company’s business
partners and service providers, which could negatively impact the
Company’s business and/or expose the Company to litigation; and
other factors identified in our filings with the U.S. Securities
and Exchange Commission (“SEC”).
The foregoing review of important factors should not be
construed as exhaustive and should be read in conjunction with
other cautionary statements that are included herein or elsewhere.
All subsequent written and oral forward−looking statements
attributable to us or persons acting on the Company’s behalf are
expressly qualified in their entirety by these cautionary
statements. The Company undertakes no obligation to publicly update
or revise any forward−looking statement, whether as a result of new
information, future events or otherwise.
Source — Arch Insurance North America Tag — arch-insurance
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version on businesswire.com: https://www.businesswire.com/news/home/20240620199270/en/
Media: Stephanie Perez stperez@archgroup.com