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,...
Traditionally, a legacy is something that is handed down from one generation to the next. In the legal world, it is literally an amount of money or property left to someone. More philosophically, a legacy can be an idea, mission, or purpose that future generations are...
Recently, the National Oceanic and Atmospheric Administration released its climate predictions for April, May and June. After a winter that was mild for some—and not so mild for others—this spring could be a much-needed break. However, some of these predictions come...
PIA held its Connecticut Convention on March 24-25, 2022, at the Hartford Marriott Downtown—a new venue for the event that gave attendees a refreshed location to learn, grow and network. Hundreds of insurance-industry professionals from all over Connecticut earned...
According to the U.S. Bureau of Labor Statistics, nearly 33 million U.S. employees have resigned from their jobs since April 2021. In November 2021 alone, 4.5 million workers resigned. For many reasons, individuals in the U.S. are reevaluating their employment—and...
In the past year, inflation has sent prices soaring on many household items and gasoline—especially gasoline. While the effect on inflation does not have the same immediate impact on insurance premiums as it does for gas and groceries, insurance carriers have...
Amid the escalating situations in Ukraine, federal and state governments are alerting U.S. individuals and businesses of more cyberthreats that stem from Russia’s invasion of Ukraine that could impact cybersecurity in the near future. CISA cyber security...
Gov. Kathy Hochul ended New York state’s mask requirements for indoor public spaces on Feb. 10, 2022. However, counties and municipalities such as New York City still may choose to enforce their own orders, and businesses in the state still can require masks or proof...
Gov. Kathy Hochul is expected to let New York’s indoor mask requirement expire on Thursday. Hochul announced in December that masks would be required to be worn in all indoor public places across New York state—unless businesses/venues implement a...