Weekly Dispatch: May 18, 2023

Weekly Dispatch: May 18, 2023

Cannabis Safe Harbor legislation reintroduced in Congress. The Federal Emergency Management Agency paid almost $4 billion in insurable claims for damage caused by Hurricane Ian. In Connecticut, surplus-lines bill passes state House after PIACT advocates for changes. In New Jersey, Gov. Murphy conditionally vetoes bill that would require property sellers and landlords to notify buyers if property is in a FEMA-designated flood zone. N.H. Gov. Chris Sununu issues statement on the future of legalized marijuana use in the state. And, PIANY-priority windstorm definition bill passes state Assembly. Plus, you can read about state-specific industry news, advocacy updates, technical resources, education opportunities, and upcoming events in this issue of the Weekly Dispatch.

Weekly Dispatch: May 11, 2023

Weekly Dispatch: May 11, 2023

It’s time to re-examine rental reimbursement coverage limits. Are you familiar with multi-state licensing exposures?—PIA has resources to help. ACORD announces April forms updates. And, motivator Ross Shafer at the Annual Conference hosted by PIANJ and PIANY. Plus, you can read about state-specific industry news, compliance issues, advocacy updates, technical resources, accolades, education opportunities and upcoming events in this issue of the Weekly Dispatch.

Weekly Dispatch: May 4, 2023

Weekly Dispatch: May 4, 2023

May the fourth be with you: PIA uses Star Wars themed examples to illustrate the challenges of advertising via social media. With the ability to collect consumer data and information, to adapt and overcome obstacles, insurance agents need to tap into artificial intelligences as an instrumental resource. Bill to repeal Federal Insurance Office introduced in U.S. House. And, New Jersey governor signs pro-worker unemployment insurance benefits bill. Plus, you can read about state-specific industry news, compliance issues, advocacy updates, accolades, education opportunities, and upcoming events in this issue of the Weekly Dispatch.

Weekly Dispatch: April 27, 2023

Weekly Dispatch: April 27, 2023

States are urging the National Highway Traffic Safety Administration for a federal recall of Hyundai, Kia vehicles. It’s important to manage risks with cyber liability policies. Capacity Insurance is in an orderly runoff. And, PIANY-priority bill on photo inspections passes state Senate; diligent-effort requirement in the E&S marketplace bill reported out of state Senate Insurance Committee. Plus, you can read about state-specific industry news, compliance issues, advocacy updates, technical resources, education opportunities and upcoming events in this issue of the Weekly Dispatch.

Weekly Dispatch: April 20, 2023

Weekly Dispatch: April 20, 2023

Triple-I: 2023 Atlantic hurricane season forecast to be “slightly below-average,” PIA has resources to help you and your clients prepare. Navigating claims today: A modern approach provides specific industry advantages. Connecticut bill would hold property owners more responsible for tree damage. And, PIANY-priority NYSIF bill introduced in state Assembly. Plus, you can read about state-specific industry news, compliance issues, advocacy updates, technical resources, accolades, education opportunities, and upcoming events in this issue of the Weekly Dispatch.

Weekly Dispatch: April 13, 2023

Weekly Dispatch: April 13, 2023

Premiums on the rise—what you can do to educate your clients about it. It’s a good time to alert your clients about the penalties of driving without insurance—a state-by-state breakdown. New Jersey is recognized by Finch Rating and Moody’s for its fiscal strength. And, ELANY releases a summary report of why policies were suspended in 2022. Plus, you can read about state-specific industry news, technical resources, accolades, education opportunities, upcoming events and information you may have missed in this issue of the Weekly Dispatch.

Weekly Dispatch: April 6, 2023

Weekly Dispatch: April 6, 2023

Two different studies find that: 1. the property/casualty insurance sector was hit hard in 2022; and 2. while the industry is facing challenges, it remains resilient. In New Jersey, electronic proof of vehicle registration now has been implemented. Reminder: If you do business in New York state, you have until April 15 to comply with the state’s cyber security compliance filings. Plus, you can read about state-specific industry news, compliance issues, advocacy updates, technical resources, education opportunities and upcoming events in this issue of the Weekly Dispatch.

Weekly Dispatch: May 18, 2023

Weekly Dispatch: March 30, 2023

Global warming and inflation are having an affect on the insurance industry. Report: Cryptocurrency-based crime reached unparalleled heights in 2021. PIACT elected new officers, directors at its Annual Convention last week. This election year, all 120 legislative seats in New Jersey are on the ballot—see how the races are shaping up in your district. And, PIANY’s priority “bait-and-switch” and photo inspection bills pass state Assembly. Plus, you can read about state-specific industry news, advocacy updates, education opportunities, and upcoming events in this issue of the Weekly Dispatch.

Weekly Dispatch: May 11, 2023

Weekly Dispatch: March 23, 2023

PIA survey: Many independent insurance agents are reporting that their business and income has increased despite many challenges. The National Oceanic and Atmospheric Administration announced that the three-year La Niña weather phenomenon has ended. New Hampshire and New York receive federal disaster assistance for damage caused by winter storms. And, bait and switch, photo inspection bills move to full N.Y. Assembly for a vote. Plus, you can read about state-specific industry news, compliance issues, advocacy updates, accolades and education opportunities in this issue of the Weekly Dispatch.

Weekly Dispatch: May 4, 2023

Weekly Dispatch: March 16, 2023

According to the National Insurance Crime Bureau, over 1 million vehicles were stolen last year. New Jersey’s pay-to-play law requires insurance agencies to file electronic annual disclosure statements by Thursday, March 30, 2023. And, PIANY-priority anti-arson bill passes state Assembly. Plus, you can read about state-specific industry news, compliance issues, technical resources, education opportunities and upcoming events in this issue of the Weekly Dispatch.