PIA has resources on cannabis and its effect on the industry. PIA Northeast reviews this week’s elections as the results unfold and examines how they may affect the insurance industry. Reports show that property/casualty underwriting results are expected to worsen. Happy Veterans Day! PIANJ offers a free year of membership for qualifying U.S. military veterans. 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.

Insuring Hogwarts: A guide for insuring Muggle schools for their various risks. PIA updates additional insureds, certificates of insurance resources, so you can help educate your clients on the Waiver of Transfer of Rights Against Others to Us endorsement. And, the Connecticut Insurance Department restructures actuarial division to regulate industry’s use of technology. Plus, you can read about state-specific industry news, advocacy updates, technical resources, education opportunities, upcoming events and information you may have missed in this issue of the Weekly Dispatch.

The U.S. DOL proposes a new classification of independent contractors. New Hampshire payroll taxes will be cut 30% for businesses as a response to the state’s strong unemployment trust fund. Introduced N.J. bill would require liability insurance for handguns. And, “best interest” amendments for Regulation 187 declared constitutional—end of the road for the lawsuit. Plus, you can read about state-specific industry news, advocacy updates, technical resources, accolades, education opportunities and upcoming events in this issue of the Weekly Dispatch.

Insurance Information Institute issues report on how inflation and other factors are taking a toll on the auto insurance industry. PIA opposes a bill that would require many businesses to collect and report ownership information and suspicious transactions. CID exempts private passenger auto carriers from Statistical Data Monitoring System requirements. And, the DOBI reminds carriers that they are required to send notices of proposed rating filings above 7%, and PIA encourages carriers to provide notice to their independent agents in advance. Plus, you can read about state-specific industry news, technical resources, education opportunities, and upcoming events in this issue of the Weekly Dispatch.

A forecast of how Hurricane Ian could impact the insurance industry. New Jersey court rules Uber Eats insurer does not have to offer uninsured/underinsured coverage; PIANJ supports legislation that would address this issue. Perpetuation planning is critical in any type of industry—especially insurance; PIA offers an education course that can help you plan. 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.

Data reveals that 20% of homeowners don’t know how much they pay for their homeowners insurance, agents need to help their clients prepare for the price hikes that inflation will cause. PIANJ offers resources to help agents educate their clients about the recent New Jersey law that requires mandatory insurance for businesses. Workers’ compensation rates are expected to decrease in Connecticut and New Jersey. 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.

Vermont Supreme Court allows novel ‘physical damage’ COVID-19 theory to proceed. The Connecticut Insurance Department allows defense within limits for fiduciary and cyber liability policies. A photo-inspection bill has been introduced in the New Jersey state Assembly. And, the New Hampshire Insurance Department has approved the National Council on Compensation Insurance 2023 WC loss cost decrease of 7%. Plus, you can read about state-specific industry news, compliance issues, advocacy updates, technical resources, education opportunities, upcoming events and information you may have missed in this issue of the Weekly Dispatch.

Have you been looking for information on credit reports and insurance scores to help you educate your clients? PIA Northeast has resources that can help. Recent restitution payment of $100M stresses the importance of proper employee classification for all businesses. New Jersey’s Cannabis Safe-Harbor bill was reported out of the state Assembly Financial Institutions and Insurance Committee. 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.

The Coalition Against Insurance Fraud has updated its estimate for how much insurance fraud costs consumers and businesses for the first time in 27 years—the new data estimates that fraud costs $308.6 billion a year. A new study reveals the differences in how insurance buyers in each generation search for and purchase insurance. And, FEMA is requesting information that makes it look like it’s interested in selling flood insurance directly to insureds. Plus, you can read about state-specific industry news, and education opportunities in this issue of the Weekly Dispatch.

New report finds that there was a record-high in direct premiums written for the U.S. surplus-lines segment in 2021. PIANY Director of Government & Industry Affairs Bradford J. Lachut, Esq., refutes a recent op-ed about the bill that would make photo inspections for autos optional—and he reiterates PIANY’s long support for this legislation. And, if you have clients who store property in self-storage units, do they know a change in the 5/11 edition of homeowners (HO3) form may affect whether they have coverage? 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.