Weekly Dispatch: May 19, 2022
A new survey finds that agents, brokers continue to have record performance for the fourth consecutive quarter. PIA advocates for long-term reauthorization of the NFIP, the importance of state regulation of insurance and more during virtual meetings with legislators in Washington, D.C. And, time is running out to register for PIA Annual Conference hosted by PIANJ and PIANY in Atlantic City, N.J.—before the 20% price increase. 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.
Conn.: It’s the end of a short session
The Connecticut General Assembly adjourned on May 4, without setting a date to reconvene. It was one of the shortest legislative sessions in recent history. As has been the case in recent years, the session kicked off with a deluge of bills being...
New Jersey PIAPAC is your voice in politics
Having a voice in politics is vital. The volume of a PAC’s voice in politics is directly related to its ability to donate in a significant way to as many candidates as possible. New Jersey PIAPAC supports candidates for state office, including for governor and the...
Come hell or high water, homeowners need to understand flood insurance
With spring underway, bringing large amounts of rain and snowmelt, it’s more important than ever that agents are doing their best to educate homeowners about flood insurance. Recent data from the Federal Emergency Management Agency indicates that the U.S. has...
N.Y.: LI RAP offers insurance professionals access to information and networking
Some 300 insurance professionals attended PIANY’s Long Island RAP at the end of April. During the event—which was the first in-person event PIANY hosted this year—attendees networked, earned continuing-education credits on education sessions that covered...
N.Y.: Dog breed law amendment passes Senate
The New York state Senate passed A.9284-A on May 10, 2022, with a 49-13 vote. This bill—sponsored by Assemblymember Deborah J. Glick, D-66—would be a chapter amendment to the 2021 dog breed law. It would close a loophole in the current law by...
Weekly Dispatch: May 12, 2022
Passed legislation in Connecticut paves the way for electronic delivery to the Workers Compensation Commission. A bill simplifying the excess-line insurance placement affidavit requirements passes state Assembly. And, PIA Northeast offers insurance agents the opportunity to increase their credibility, trust and perception. 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.
N.J. court: Intra-family step-down exclusion in a PAP was unenforceable
The Superior Court of New Jersey, Appellate Division recently ruled in the case of Dela Vega v. Travelers Insurance Co.[1] and St. Paul Protective Insurance Company that an intra-family step-down exclusion in a personal automobile policy was unenforceable. How...
PIANY legislative priority passes Assembly
On May 9, the New York state Assembly passed S.8127, which would simplify the excess-line insurance placement affidavit requirements brokers must complete before placing insurance in the excess marketplace. The bill passed the state Senate on March 23, so the final...
How to (legally) fire one of your employees
In the process of hiring new employees, businesses go to great lengths to hire individuals who will make a great fit in their company. Sometimes it works brilliantly—while at other times, things may not work out at all. While some employees may realize the business is...
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