Recently, PIANY received an update from the New York State Insurance Fund, which details modifications to the Safety Group Enhanced Discount and Preferred Risk Business Discount; the addition of a new endorsement for employees telecommuting from a location outside of...
The ISO 2022 HO Program was examined for enhancements to coverage in the HO policy forms last month in ISO 2022 HO Program—Part I. This article will examine the restrictions introduced in the HO policy forms, a new policy form, and new enhancement and restrictive...
The New York State Department of Financial Services has taken the first step to amend the continuing-education requirements for insurance producers. What’s new? The DFS is proposing that all licensees be required to take at least: One hour of insurance lawOne hour of...
Another decade has passed since the Insurance Services Office Inc. 2011 HO Program debuted. Prior to that, it was the 2000 HO Program. Now comes the 2022 HO Program and I am more than a little excited about it. There are many interesting enhancements and limitations,...
The Vermont Department of Financial Regulation approved the original workers’ compensation voluntary loss-cost filing made by the National Council on Compensation Insurance, consisting of an overall 5.5% decrease. Additionally, a decrease of 4.6% of the overall...
The Connecticut Insurance Department approved the proposed workers’ compensation loss cost filing made by the National Council on Compensation Insurance, consisting of an overall 1.8% decrease. An overall assigned risk rate decrease of 1.4% was approved. These loss...