The findings of this year’s PIA Market Trends Survey have indicated that the insurance industry is in a hard market cycle. Now, let’s look at how the professional insurance agents who took the survey responded regarding changes in insurer and underwriting behavior,...
Grateful? Make a gift …
As we move closer to the end of November, I am inspired to think about being grateful. I am grateful for family and friends, for my comfortable home, and the delicious food we create—and for gifts made to me by virtue of birth or happenstance. Looking beyond my...
Do you know the special rules of marketing?
I like rules. When I open a board game, I immediately read the instructions. I’m sure my affinity for the rules lead to my decision to become an attorney. In a conversation with a guidance counselor, I may have said: “You mean my job would be to argue about what the...
New York reaches settlement with Lyft, Uber
New York Attorney General Letitia James unveiled two historic settlements valued at a combined $328 million with ride-sharing conglomerates Lyft and Uber on Nov. 1, 2023. These settlements mark the conclusion of extensive investigations into both companies, revealing...
Warranties vs. insurance: what’s the difference?
Upon buying a new piece of technology—new phone, new TV, new game console—often the salesperson will ask you if you would like to purchase an extended warranty with it. Warranties and insurance may seem similar on the surface, but in fact they have more than a few...
PIA Market Trends Survey: Rising premium rates, other factors indicative of a hard market
Professional insurance agents may be aware that the insurance industry is amid a hard market. This means you also may have noticed that your insureds’ premiums have risen, and insurance coverage is more restricted, among other changes. PIA Northeast conducted a survey...
Smash, grab and go: Insurance implications on surging retail theft
As the rise in retail theft continues to plague businesses nationwide, the impact on the retail landscape is clear. The COVID-19 pandemic has created a unique set of circumstances that have contributed to the surge in retail thefts—affecting both large and small...
This Halloween, don’t get scared: get coverage!
Halloween is almost here, and with it, everything that makes the holiday so special. There’s the chilly fall air, and it seems as though there’s the grinning jack-o-lanterns posted at every door. Elaborate decorations and haunted houses are a fixture of Hallows’ Eve,...
2FA, user security and you: Staying safe on X
According to Statista, a data gathering platform, X, formerly known as Twitter, has some 556 million monthly active users. Whether you’re an independent agent or the head of an agency, having a presence on a platform with more than half a billion active users is...
President announces executive action on AI
At the Fairmont San Francisco Hotel in San Francisco, President Joe Biden made remarks about technological development in the United States before he met with the President’s Council of Advisors on Science and Technology on Sept. 27. His remarks focused primarily on...