Sunday, July 20, 2014

Week in Review July 18, 2014
Last week the Senate approved two important pieces of legislation, renewal of federal Terrorism Risk Insurance Act (TRIA) and National Association of Registered Agents and Brokers Reform Act.  TRIA renewal was critically important to the stability of the insurance markets which is important to our clients.  The intent of NARAB is to allow for a single registration process for agents, this is important for agencies like ours who service our clients in all 50 states.  Link to news article below:
IBA: Senate Approves TRIA and NARAB
As you may know, I serve on North Carolina's Political Action Committee (PAC) for our state association.  In that role, I have been fortunate to meet over the last 6 years with our legislators in DC to discuss the need for these two pieces of legislation.  It is great to see it moving forward and to have been part of the process.

Las Vegas Furniture Market:
I have been invited to speak on Tuesday, July 29th, at a breakfast sponsored by Chemtura to discuss the changing regulatory environment regarding flame retardants in the furniture products space and how that changes the risk profile for companies.  If you are going to be at the Las Vegas market, please let us know so that we can send you an invitation to this event.  Also, I will be attending the market on Tuesday and hope we can connect.

Furniture Today Regulatory & Compliance Summit Video Available
Thank you to Furniture Today for hosting this great event in April of this year and for the video they provided of my presentation.  If you would like to view our discussion on Product Liability Insurance, just follow the link below:
Furniture Today Summit April 2014_K Sherrill
Let us know if you would like to discuss the implications of this presentation as they relate to your business.

Headlines of Note:

The past two weeks have seen two companies announce their plans to leave High Point.  Merz Pharmaceutical and Steelcase will be closing their locations.  While their continue to be positive stories locally and nationally about manufacturing and related industries, it is important to understand that there are still organizations making tough decisions and in the case of Merz, that our community leaders keep improving the business-friendly climate in our area. 

Triad Biz Journal: Steelcase Closing High Point
Triad Biz Journal: Merz Corporate Office Closing

Learning Opportunities:

We were excited to host a packed house for our Employment Law seminar in High Point last week and look forward to seeing you at the next seminar.  The link below will take you to our updated Seminar Schedule.  We hope you will consider this your invitation to be our guest at any of these seminars.
Senn Dunn Seminar Schedule

Have a great week!


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