You may be aware that Jurassic World Dominion was released earlier this month. Dominion is the (checks IMDB) sixth Jurassic Park/World movie. The release of JWD has caused me think about the “Jurassic” premise as whole. First, let me say I am a huge Jurassic Park fan....
Recently, the Superior Court of New Jersey, Appellate Division held in the case of Vera v. State Farm Indem. Co. that New Jersey’s no-fault law does not bar policyholders from pursuing a claim of bad faith against their insurer. How did we get here? The plaintiff and...
For any businessperson, networking is one of the most important things that must be done. This is even more so for entrepreneurs. Whichever field your business is in, the more contacts you have, the more opportunities you may have to collaborate with other brands,...
The answer to the question posed in the headline is because many excess- and surplus-lines insurance companies’ actions are covered by the contract. Have you ever asked yourself why E&S insurance carriers can cancel a policy with only 30 days’ notice when in most...
Brady Kelley is the executive director of the Wholesale & Specialty Insurance Association, a member service organization representing the entire wholesale, specialty and E&S industry. Dan Maher is the executive director of Excess Line Association of New York,...
The New York state Senate just passed S.6028, 56-7, sponsored by Sen. Neil D. Breslin, D-44. This bill would make photo inspections of private passenger automobiles optional. Currently, many consumers are required to get a photo inspection of their vehicle within 14...
Legislation that would require businesses and certain rental units to carry insurance passed the state Senate (25-11) on May 26. The bill, S-1368, sponsored by Senate President Scutari, D-22, would require business owners to purchase liability insurance in an...
The 2021-22 legislative session is wrapping up this week with the House and Senate set to complete all their work by May 26, 2022. The Legislature just completed the committee of conference phase, which is when committees made up of four House members and three...
The Connecticut General Assembly adjourned on May 4, without setting a date to reconvene. It was one of the shortest legislative sessions in recent history. As has been the case in recent years, the session kicked off with a deluge of bills being...
With spring underway, bringing large amounts of rain and snowmelt, it’s more important than ever that agents are doing their best to educate homeowners about flood insurance. Recent data from the Federal Emergency Management Agency indicates that the U.S. has...