Electric bicycles—or e-bikes—have become popular as an eco-friendly, efficient, and cost-effective mode of transportation. While these bicycles offer myriad benefits, they carry certain risks—which riders can mitigate. Electric bikes are powered by batteries,...
Design workspaces with employee health and safety in mind
Whether you’re a business owner or manager, employee well-being and safety should be at the top of your priority list. You might have safety strategies and health practices in place designed to keep your employees happy and healthy, but you could be overlooking...
Mainsail Insurance approved to write in Florida
Mainsail Insurance Co., is a newly formed carrier, which is wholly owned by Spinnaker Insurance Co. The parent company is Hippo Holdings Inc., which acquired Spinnaker Insurance Co., on Aug. 31, 2020. The Florida Office of Insurance Regulation has approved Mainsail...
PIA testifies before the N.Y. Assembly Committees on Insurance and Environmental Conservation
PIANY Director of Government & Industry Affairs Bradford J. Lachut, Esq., along with other industry representatives, testified this morning on extreme weather and the resiliency of the property/casualty insurance marketplace. The hearing was jointly hosted...
N.J.: 2024 WC overall rate level decreases 3.9%
The New Jersey Compensation Rating and Inspection Bureau received approval from the Department of Banking and Insurance for a rate revision of -3.9% to become effective Monday, Jan. 1, 2024, applicable to new and renewal policies. The NJCRIB distributed Circular...
NCCI 2024 WC loss cost decrease of 9.8% approved
The Connecticut Insurance Department approved the proposed workers’ compensation loss cost filing made by the National Council on Compensation Insurance, consisting of an overall 9.8% decrease. Also approved is an overall assigned risk rate reduction of 10.5%....
New Updates to New York Labor Law Section 201-d
In a continued effort to make New York a worker-friendly state, Gov. Kathy Hochul signed A.6604/S.4982 into law, which amends the state’s labor law by further protecting employee freedom of speech and consciences. It does so by prohibiting employers from having the...
PIA Northeast honored for its policy retention
PIA Northeast’s recently promoted Director of Sales Stephanie Y. Smith, CISR, CPIA (far right), pictured with (L-R) Utica National’s Cullen Stevens, executive commercial lines NB underwriter; Jen Stein, E&O commercial lines underwriting specialist; and Mark Angelucci, senior vice president specialty casualty leader, at the Utica National E&O State Sales & Appreciation Conference from Oct. 18-19, at the Sheraton Chicago O’Hare, in Chicago, Ill.
PIANY-priority photo inspection bill signed into law
PIANY’s top legislative priority for the 2023 legislative year is passage of legislation that would make important changes to New York state's antiquated photo inspection system. Today, Gov. Kathy Hochul signed (A.3172-A/S.5889) into law—making this top PIANY...
Kia and Hyundai reach multi-million settlement with car owners due to lack of antitheft features
While you might not be familiar with the “Kia Boys” or “Hyundai Boys,” their notorious criminal activities have likely reached your attention. Since early 2021, viral videos on TikTok and YouTube have provided step-by-step instructions on stealing specific Kia and...