Understanding DFS guidance on cyber security risks from AI for insurance agents

As of Oct. 16, 2024, the New York State Department of Financial Services issued new guidance for the entities it regulates—specifically addressing cyber security risks arising from artificial intelligence. This guidance is especially relevant for insurance agents and...
Weekly Dispatch: Oct. 17, 2024

Weekly Dispatch: Oct. 17, 2024

Disaster relief provided for communities affected by Hurricane Helene and Milton; PIA Northeast states continue to receive support after summer storms. New Jersey introduces bill protecting not at-fault drivers from rate hikes. New York state launches phase one of its Empire AI project. Plus, you can read about state-specific industry news, compliance, advocacy updates, technical resources, education opportunities and upcoming events in this issue of the Weekly Dispatch.

What is a restrictive covenant; why do I care?

What is a restrictive covenant; why do I care?

In my completely biased opinion, the legal field has one of the best lexicons of any profession. Usurious, champerty, tortfeasor, and restrictive covenants are just a few of the myriad legal terms that all sound exceptionally legal and are almost completely opaque....

Weekly Dispatch: Oct. 10, 2024

Weekly Dispatch: Oct. 10, 2024

Hurricane Milton makes landfall in Florida: keep up-to-date with hurricane-related resources. October is Cybersecurity Awareness Month: stay on top of the latest issues facing the industry. Connecticut’s National Guard sends additional resources to North Carolina. Learn about what’s behind the looming collapse of New York’s American Transit Insurance Co. Plus, you can read about state-specific industry news, technical resources, accolades, education opportunities, and upcoming events in this issue of the Weekly Dispatch.

CTYIP Awards Gala: A night for insurance stars

CTYIP Awards Gala: A night for insurance stars

The stars of the insurance industry were out for the 2024 CTYIP Awards Gala. It was held on Oct. 3, 2024, at Anthony’s Ocean View in New Haven, Conn. Over 80 people were in attendance. [PHOTO CAPTION: (L-R) CTYIP President Justin Sloan of the Nesco Group; CTYIP Lifetime Achievement Winner Tim Russell of the The Russell Agency; and PIACT past President Michael Keating of Keating Agency Insurance.]

Spooky insurance coverage issues, Part I: Paranormal activity and you

Spooky insurance coverage issues, Part I: Paranormal activity and you

Now that it’s October, it’s time for everything pumpkin spice, Halloween décor and nightly thrills with your custom queue of horror media. This year, my favorite streaming apps have not disappointed; they’re loaded with fresh, new releases and spine-tingling...