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Important carrier updates: Market withdrawals and insolvency impact

Important carrier updates: Market withdrawals and insolvency impact

by Theophilus Alexander | Nov 1, 2024 | Association, Featured, General News

Amid growing concerns about the financial health and stability of the insurance marketplace, the personal-lines sector has experienced significant disruption, driven by carrier withdrawals and a rise in insolvencies. These developments are further constricting an...

N.J. legislative roundup: The latest from Trenton

N.J. legislative roundup: The latest from Trenton

by Theophilus Alexander | Oct 30, 2024 | Featured, General News

The latest legislative moves in New Jersey include new bills that would boost outdoor dining, would make driving schools more flexible, and would protect property owners. Additionally, in the past few weeks, New Jersey has rolled out a lineup of bills that would...

Insur-pocalypse Now: Where’s your coverage?

Insur-pocalypse Now: Where’s your coverage?

by Bradford J. Lachut, Esq. | Oct 29, 2024 | Consumer-focused, Featured

The once-great country of the United States of America: A FanDuel™ Subsidiary,[1] and the world at-large are no more. City streets that once teemed with Starbucks-bound workers, dog walkers, and perpetual street construction have been replaced. A mishmash of punks,...

Buyer beware: The haunting Ackley Manor case

Buyer beware: The haunting Ackley Manor case

by Bradford J. Lachut, Esq. | Oct 28, 2024 | Featured, General News

The Halloween season is well underway. It’s a time for spine-chilling tales and eerie encounters with the supernatural. When I am looking to scratch my supernatural itch, I don’t reach for Frankenstein or Dracula—I reach for my good old copy of the Appellate Division...

Join PIANJ’s E&O and hard market panel

Join PIANJ’s E&O and hard market panel

by Bradford J. Lachut, Esq. | Oct 23, 2024 | Featured, General News

In today’s challenging insurance landscape, managing errors-and-omissions risk is crucial. The hard market has brought with it unprecedented operational challenges—from staffing shortages, to shifting carrier appetites—and insurance agents must adapt quickly to avoid...

Upcoming compliance deadlines for N.Y. cyber security regulation: MFA, annual training

Upcoming compliance deadlines for N.Y. cyber security regulation: MFA, annual training

by Danielle Caswell, Esq. | Oct 23, 2024 | Featured, General News

PIA Northeast published a seven-part series earlier this year that dove into the intricacies of the amended cyber security legislation in New York state. One article discussed the expansion of the entities that fall under the limited exemption for covered entities. As...

Build a resilient manufacturing business

Build a resilient manufacturing business

by Katie Brenneman | Oct 22, 2024 | Consumer-focused, Featured

Manufacturers are increasingly facing risks that can impact their operations significantly—both in production and public relationships. Roughly 84% of respondents to a 2022 survey said they’re willing to pay more for products from a company they perceive to be...

Infrastructure series: Why broadband internet access matters more than ever

Infrastructure series: Why broadband internet access matters more than ever

by Theophilus Alexander | Oct 21, 2024 | Featured, General News

As the internet becomes increasingly essential to daily life, disparities in internet quality across the country have revealed significant gaps. Many Americans in rural or underserved areas struggle with slow, unreliable or cost-prohibitive connections, while...

Advocating for agents: Conversations with key members of the New Jersey PIAPAC

Advocating for agents: Conversations with key members of the New Jersey PIAPAC

by Shirley Albright, CPIA, CISR | Oct 17, 2024 | Advocacy, Featured

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...

Understanding DFS guidance on cyber security risks from AI for insurance agents

Understanding DFS guidance on cyber security risks from AI for insurance agents

by Bradford J. Lachut, Esq. | Oct 16, 2024 | Featured, General News

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...

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