Weekly Dispatch: Dec. 19, 2024
PIA Northeast wishes you a very happy holiday season. Reuters: domestic and international carriers are interested in doing business in catastrophe prone states. The Connecticut Insurance Department holds its first public information session. The New Jersey Compensation Insurance Rating Bureau announces its relocation. Two more PIANY top-priority bills have been signed into law. Plus, you can read about state-specific industry news, advocacy updates, technical resources, education opportunities upcoming events and information you may have missed in this issue of the Weekly Dispatch.
Corporate Transparency Act: What agents need to know after recent court ruling
The Corporate Transparency Act became law on Jan. 1, 2021, and it officially took effect on Jan. 1, 2024. The legislation was introduced to enhance transparency in entity ownership structures to combat money laundering, tax fraud, and other illicit activities. It...
FMI: A strategic vision balancing independent agents and operational expansion
In a recent meeting with PIANJ leadership, Brian Lytwynec, president and chief executive officer; and Jon Zabek, executive vice president membership growth and chief data scientist from Franklin Mutual Insurance Group provided valuable insights into the carrier’s plans for the future. Featured in the photo from left to right: Brian Lytwynec, president and chief executive officer of Franklin Mutual Insurance Group; and Jon Zabek, executive vice president membership growth and chief data scientist of Franklin Mutual Insurance Group.
Protect your home while you’re away
If you have clients who are making getaway plans this holiday season, it’s important that they adopt these safety measures to protect their house while they are away on vacation. Share this list of actions they should take before they leave: Phone a friend. Ask some...
N.Y.: Hochul signs two PIA-priority bills into law
Only a few weeks after signing PIANY’s top legislative priority into law, Gov. Kathy Hochul has taken action on two other PIANY priority issues. The governor signed one bill to introduce parametric insurance into the state’s legal framework, and another bill to expand...
Weekly Dispatch: Dec. 12, 2024
PIA issues a letter to Congress requesting NFIP reauthorization—how can independent agents help? Swiss Re: extreme weather insureds costs reach $135 billion this year. The New Hampshire Insurance Department issues its 173rd annual report highlighting its efforts in Fiscal Year 2024. A new law passes in New York state that lets workers file workers’ compensation for job-related stress. Plus, you can read about state-specific industry news, advocacy updates, technical resources, education opportunities and upcoming events in this issue of the Weekly Dispatch.
The insurance gaps of e-bikes and e-scooters
In recent years, e-bikes and e-scooters—or micromobility vehicles—have taken off across the United States, offering a greener, cheaper and more convenient way to get around, especially in crowded cities and sprawling rural areas. Whether it’s commuters, leisure riders...
NJYIP’s Holiday Social brings wintertime fun to New Jersey
Seasonal cheer was spread, ugly sweaters were worn, industry professionals were honored—the NJYIP Holiday Social was nothing short of a holly jolly success. This year, the social was held on Dec. 3, 2024, at The Horseshoe Tavern, in Morristown, N.J. Featured in the photo from left to right: NJYIP of the Year and Second NJYIP Vice President Walter Conroy of Liberty Insurance Associates; Cumberland Mutual Senior Marketing Executive Steve Fitzsimmons; and NJYIP President Tim Latimer of the JS Braddock Agency.
Weekly Dispatch: Dec. 5, 2024
After many years of lobbying, PIANY’s windstorm bill is finally signed into law. Northeast hit by winter weather: are you and your clients ready? Temporary outdoor dining permissions made permanent in New Jersey. Plus, you can read about state-specific industry news, technical resources, accolades, education opportunities, upcoming events and information you may have missed in this issue of the Weekly Dispatch.
What PIA members need to know about the Corporate Transparency Act
The Corporate Transparency Act is officially here, with significant implications for businesses nationwide. This new law aims to enhance corporate accountability by requiring certain companies to report their beneficial ownership information to the Financial Crimes...
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