My name is Agens Makler of Makler & Daughters Insurance Agency—I am one of the daughters. My father started the agency in 3230 Lothal Year on the planet of Tatooine. And, anyone familiar with Tatooine knows that the planet has three things in abundance: sand,...
We know what really happened on this day in history: the R.M.S. Titanic—thought to be unsinkable—struck an iceberg on the night of April 14, 1912, and sank to the bottom of the Atlantic Ocean on April 15, 1912—109 years ago. But, have you heard the insurance-fraud...
Gov. Andrew M. Cuomo and the New York state Legislature announced last week that the state has finalized a $212 billion budget for FY 2022—almost two weeks after the deadline. The budget invests in almost every sector of the state. Notable provisions include $2.4...
Recently, PIANY members have asked the association questions about default judgments from group self-insured trusts. When asking their questions, they tend to state: I thought those were behind us. The current issue When the New York State Workers’ Compensation Board...
Members of the PIANJ Business Issues Committee met with leaders of Kingstone Insurance to discuss the recent notices regarding the carrier’s rate filings, and the outlook for the company going forward. Meryl Golden, COO of Kingstone Insurance, provided a detailed...
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...