Gov. Chris Sununu introduced his budget for fiscal years 2022 and 2023 to the state Legislature last week. In the budget—which is worth $13.4 billion, much of which is federal aid—Sununu proposed a voluntary and medical-leave insurance system. To get the system...
Legislation that would require insurers to disclose whether certain policies have business interruption pandemic coverage passed the Senate Commerce Committee on Feb. 11, 2021. The bill (A-4805), which has passed the New Jersey Assembly unanimously, would require an...
The New York State Department of Financial Services issued a cyber security fraud alert today to all of its regulated entities. The alert describes a widespread cybercrime campaign to steal consumers’ nonpublic information from public-facing websites that transmit or...
As a result of the pandemic, Connecticut’s 2021 legislative session is operating differently this session. This means that committee meetings—as well as one-on-one meetings with lawmakers—will take place remotely. There are no more walk-and-talk conversations with...
Agency websites vary in content and design. Some offer information, while others are capable of binding insurance and delivering policy forms to insureds. Some states have promulgated rules, guidelines and commentary designed to lead insurance producers through the...
“The comfort zone is the dead zone,” states Mike Manes, a business consultant in New Iberia, La. If we’ve learned anything so far this year, it’s that an unseen—but deadly—force kicked us out of our comfort zone—way out. Although the pressure is on to put the...