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About Jeff Wallop

Jeff Wallop, account executive, joined the PSA Commercial Insurance division in 1999 and has been in the insurance industry since 1992. He specializes in commercial property and casualty insurance, with a focus on the for profit / non-profit social services market segment. Jeff earned his Bachelor of Arts degree from Loyola College in Baltimore and is a Certified Insurance Counselor (CIC).

How Could the Fair Labor Standards Act Revisions Affect You?

Jeff Wallop • Jan 20th, 2017

For months, organizations in the U.S. had been preparing to implement changes that, as of Dec. 1, 2016, would have increased the minimum salary requirement for certain exemptions under the Fair Labor Standards Act. Continue Reading

Defining a Robust Directors and Officers Insurance Policy

Jeff Wallop • Feb 10th, 2016

Last September’s “Yates Memo,” issued by the Department of Justice – spurred in part by the financial sector’s culpability for the Recession – intended to send a message of watchfulness to our country’s collective C-suite: you are not immune from criminal prosecution and civil sanctions. Continue Reading

Protect Your Company from Cyber Security Breaches

Jeff Wallop • May 19th, 2015

High profile hacks — or cyber security breaches — continue to make headlines and fuel consumer concerns over the sanctity of their personal information, including credit card data and social security numbers. Malicious viruses that create havoc on corporate networks remain a major concern for businesses. But hacks and viruses aren’t just aimed at huge, international companies. Any organization, regardless of size or industry, can be victimized. Being prepared for such an event can make a world of difference in your bottom line. Continue Reading

Risk Management Best Practices for Non-Profits

Jeff Wallop • Aug 19th, 2014

Are you aware of the exposures that may threaten your non-profit organization? I had the opportunity to speak on a webinar organized by the non-profit team at McGladrey where we exposed commonly faced risks and shared best practices to help non-profit organizations avoid facing costly and disruptive issues. I’ve distilled down the main points into what I hope will be a helpful post for organizations looking to limit exposure to risk. Continue Reading