Advocating for agents: Conversations with key members of the New Jersey PIAPAC
The New Jersey PIAPAC—the official political action committee of PIANJ—plays a vital role in ensuring that the voices of insurance agents are heard in Trenton. We had the pleasure of interviewing three key members of the New Jersey PIAPAC—New Jersey PIAPAC Chairperson...
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.
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...
N.J.: New bill would protect drivers from rate hikes for not-at-fault accidents
Drivers in New Jersey may soon have greater protection against insurance rate hikes for accidents for which they are not at-fault. Bill S-3717 was drafted to amend the state’s Insurance Law to prevent automobile insurers from penalizing drivers involved in accidents...
N.Y.: Donor profiles: An inside look at the PIANY Agents Advocacy Coalition
The Agents Advocacy Coalition—the official political action committee of PIANY—plays a crucial role in shaping legislative efforts that impact insurance agents across New York state. We sat down with three members of the AAC—Chairperson Fred Holender, CLU, CPCU, ChFC,...
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
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
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
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...
N.Y.: American Transit Insurance Co.’s looming collapse: causes, regulatory failures and impact
There was a time when New York City’s streets were dominated by yellow taxis—weaving through traffic and honking their way across the avenues—embodying the city’s frenetic energy. Hailing a cab was an art perfected by native New Yorkers—hand raised high, eyes scanning...
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