Learn about the causes behind the LA fires—and their implications for the industry. PIACT is monitoring insurance related bills in the Nutmeg State. New Jersey introduces helmet safety bill for cycling, skating and scooters. PIANY announces legislative priorities for the year. Plus, you can read about state-specific industry news, advocacy updates, technical resources, accolades, education opportunities, upcoming events and information you may have missed in this issue of the Weekly Dispatch.
PIACT is kicking off this year’s District Office Visit Program. This initiative is your chance to engage directly with state legislators—advocating for the issues that matter most to professional, independent insurance agents like you. Whether conducted in-person or...
Fires in the Greater Los Angeles area have been burning for nearly a month, and they have cost the state billions in damages. A variety of factors triggered what may be the costliest natural disaster in United States history. Setting the stage Climate change has...
New Jersey may be on the brink of a significant update to its helmet laws with A-4887, introduced by Assemblymembers Reginald W. Atkins, D-20; Linda S. Carter, D-22; and Shanique Speight, D-29. The bill has been referred to the Assembly Transportation and Independent...
Emerging niche industries are reshaping markets, offering innovative solutions to unique challenges. However, these industries often face risks distinct from traditional sectors. From mental health challenges to regulatory uncertainty, the fast pace of growth can...
High insurance premiums are a growing concern for both policyholders and insurance professionals. While many factors contribute to rising costs, fraud and legal loopholes often play a significant role. That’s why PIANY is advocating for legislative reforms that target...
Some 300 insurance professionals attended PIANY’s Metropolitan Awareness Program on Jan. 29, 2025, at the Sheraton New York Times Square Hotel. During the daylong event, attendees were able to take advantage of networking opportunities, gain powerful educational...
FEMA issues new flood standards to boost resilience. LA fires may hit over $40 billion in insurance damage according to experts, analysts. PIA issues its 2025 policy priorities. New Jersey ends its state of emergency over winter weather. New York’s DFS updates its declination forms for supplemental spousal liability insurance. 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.
Insurance fraud costs billions of dollars each year, driving up insurance premiums and straining industry resources. From staged accidents to false claims, these schemes harm insurance producers and honest policyholders. Technology is changing the game by enabling...
The 2024 Market Trends Survey—conducted across six Northeastern states—collected responses from 118 insurance professionals to gauge shifts in premiums, underwriting guidelines, remarketing efforts and nonrenewals across major lines of business. The survey, targeting...