Gov. Kathy Hochul has signed A.2866/S.4199 into law, authorizing the New York State Department of Financial Services to create a single, standardized definition of “windstorm” in homeowners insurance policies. This long-awaited legislation marks a significant...
Happy Thanksgiving! PIA Northeast thanks you for your support. The United States is facing widespread drought conditions—how is it affecting the states in PIA Northeast’s footprint? A Fifth Circuit judge strikes down Biden overtime pay rule. The NHID announces changes to the regulation of consumer guaranty contracts. PIANY priority legislation: Windstorm bill called to N.Y. governor’s desk. 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.
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...
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...
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...
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.
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...
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...
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,...
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...