The Connecticut Insurance Department approved the proposed workers’ compensation loss cost filing made by the National Council on Compensation Insurance, consisting of an overall 6.1% decrease. Also approved is an overall assigned risk rate reduction of 6.2%. These...
News
Enhancing safety and insurance for horse-drawn buggies on New York roads
Horse-drawn buggies are a familiar sight on New York's rural roads: they’re a direct link to the state's Amish and Mennonite heritage. However, a recent spate of incidents has highlighted growing concerns about road safety and the adequacy of insurance coverage for...
Key benefits of offering specialized insurance products to niche markets
If you’re an independent insurance agent, today’s clients—like those of, well, any service provider—expect handcrafted personalized solutions tailored to their specific needs—whether it’s their industry, niche or unique circumstances. The best thing about this...
Weekly Dispatch: Nov. 14, 2024
PIA Disaster Relief Fund helps agents impacted by natural disasters. The 2024 election is over: what does that mean on the state-level for PIA Northeast? Connecticut has declared a Stage 2 drought advisory. In New Jersey, a new commissioner has been sworn in at the DOBI. Wildfire smoke impacts New York state’s air quality over weekend. Plus, you can read about state-specific industry news, compliance issues, advocacy updates, technical resources, education opportunities, and upcoming events in this issue of the Weekly Dispatch.
Conn. election results: State-level highlights
Connecticut’s recent state elections brought some changes to the Senate and House while leaving key leadership positions and party dominance intact. Although constitutional offices (governor, lieutenant governor, attorney general, treasurer, comptroller and secretary...
N.Y. election update: Status quo maintained
In the recent New York state elections, both the Senate and Assembly experienced some notable changes, setting the stage for shifts in legislative dynamics when the Legislature reconvenes in January. Senate overview The New York state Senate Democrats successfully...
Intellectual property: The insurance way
Let’s face it, insurance and creativity are not normally two words spoken in the same sentence. That is, until you introduce marketing and branding into the discussion. Actions, such as designing your agency logo, creating slogans or taking out an ad in the newspaper,...
Workplace: Build employee morale, appreciation
Many employers are grappling with low levels of employee engagement and morale. Factors like increased workloads, lack of recognition and insufficient communication create a workplace atmosphere in which employees may feel undervalued and disconnected. This...
Weekly Dispatch: Nov. 7, 2024
PIA infrastructure series: a look at the United States’ airports. Are you keeping up with recent carrier withdrawals?—PIA Northeast can help. PIACT and CID met to strategize on boosting flood insurance uptake. Monday is Veterans Day—PIANJ offers free membership to veterans. In response to housing crisis, Vermont launches Mobile Home Infill Program. 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.
PIACT, CID share flood insurance uptake strategies
Recently, representatives of PIACT met with Connecticut Insurance Department Commissioner Andrew N. Mais and several high-level CID staff members to address challenges and potential solutions to increase flood insurance adoption across the state. The CID invited PIACT...