Compliance Bricks and Mortar for May 8

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These are some of the compliance-related stories that recently caught my attention:

bricks


Cyber Insurance: A Pragmatic Approach to a Growing Necessity by John Reed Stark and David R. Fontaine in Cybersecurity Docket

To manage this burgeoning yet still nascent threat, just like other routine day-to-day risk and hazards, companies have started to include cybersecurity concerns when considering enterprise risk management and insurance risk transfer mechanisms – such as cyber insurance. There is little doubt that cyber insurance will soon become yet another basic element of a company’s overall insurance coverage program, just like general comprehensive liability, professional liability and officers and directors coverage.


39 Reasons Why Your Employee Handbook May Violate the Law by Eric B. Meyer in the Business of HR

The National Labor Relations Board issued a report this week from General Counsel Richard Griffin, Jr. replete with examples of how your employee handbook is overly broad and violates the National Labor Relations Act.

The purpose of the report is to educate employers, with recent case developments, on what can and cannot be included in an employee handbook.

What can’t be included is anything that could chill your employees from discussing the terms and conditions of employment with one another. That’s because the Act give employees, union or not, the right to do that.


The Consequences of Baltimore and Body Cameras by Matt Kelly in Compliance Week

Some day in the future—hopefully after I am long dead—everyone will have body cameras implanted directly into their persons. Everyone will have an indisputable record of everything they do, all the time.


To Fire or Not to Fire for Employee’s Social Media Posts by Travis Crabtree in eMedia Law Insider

I guess we should advise anyone that wants to talk trash about their employer to follow whatever crazy thing they want to say with “Vote YES for the UNION!!!!!!” It may prevent you from getting fired — unless you are the official voice of the organization and you use a gun emoji.


Reps and Warranties Insurance: Why it is Increasingly Common by Kevin LaCroix in The D&O Diary

 Reps and Warranties insurance has been available for several years now, but there is no doubt that more recently there has been an increase in the product uptake. Indeed, according to an April 29, 2015 article from George Wang of the Haynes and Boone law firm (here), reps and warranties insurance “has gained popularity as a tool to decrease transaction liability exposure in M&A transactions” and more recently there has been a “dramatic increase” in the use of reps and warranties insurance products.

Author: Doug Cornelius

You can find out more about Doug on the About Doug page

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