Hurricane Debby makes its way slowly up the East Coast: it is forecasted to bring rain to the Northeast later this week. Connecticut awards state grants to protect acres for community green spaces. PIANY meets the DFS on the exits of Adirondack Insurance Exchange and Mountain Valley Insurance Company from the marketplace. Also, learn more about forwarding PIANY’s campaign to pass legislation that would standardize the windstorm definition. 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.

New report examines the issues driving up homeowners insurance costs. U.S. senators issued a letter to the FTC pressing it to investigate automakers disclosing driving data. New Jersey launches initiatives regarding artificial intelligence. In New York state, PIA Northeast offers resources to help members educate their clients about Adirondack Insurance Exchange’s withdrawal from the New York insurance market. Vermont offers resources to help residents recover from flooding—PIA Northeast offers resources to help members educate their clients about the importance of flood insurance. Plus, you can read about state-specific industry news, advocacy updates, technical resources, an in memoriam to former New York state Sen. James Seward, education opportunities and upcoming events in this issue of the Weekly Dispatch.

Federal rule to make communities more resilient to flood have been finalized. PIACT put significant advocacy efforts into a bill on child care liability insurance. New York requests a Federal Emergency Declaration to support recovery operations after severe storms on July 15 and 16. Vermont requests a secretarial disaster designation from the USDA for July floods. 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.

Triple-I/Milliman releases a forecasting report indicating the property/casualty industry will achieve profitability in 2025. In New Hampshire, a presidential declaration releases aid in four counties. New York’s Department of Financial Services adopts new guidance combatting discrimination in artificial intelligence. Vermont flooded by rain from the remnants of Tropical Storm Beryl: state suspends some regulations to aid in recovery, requests federal assessment of damages. 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.

If you haven’t taken PIA’s 2024 Market Trends Survey, this may be your last chance to do so. Tropical storm Beryl is projected to affect the Northeast and New York state. The Federal Trade Commission’s noncompete ban has been blocked by a federal judge. The New Jersey Supreme Court issues a ruling where all commercial property owners are liable for sidewalks adjoining their property. New pet insurance legislation in New York state has big implications for pet owners and independent insurance agents. Vermont law implements stricter penalties for retail theft. 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.

PIA Northeast wants to hear your thoughts on the state of the market. A new Triple-I report indicates that personal auto profitability is moving in a positive trend. New York Gov. Kathy Hochul signs the SAFE Act, restricting children’s use of social media. Connecticut hosts a special legislative session. Vermont issues a new DMV bulletin. Plus, you can read about state-specific industry news, compliance issues, advocacy updates, technical resources, accolades and education opportunities in this issue of the Weekly Dispatch.

Marsh: Ransomware continues to be a challenge for cyber insurance claims. Read all about the out-of-this-world 2024 PIANJ | PIANY Conference at the Hard Rock Hotel Casino. Vermont Gov. Phil Scott vetoed a data-privacy bill because it would make the state “hostile to businesses.” 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.

FEMA may run out of money before the end of this year’s hurricane season. The Institute for Legal Reform has issued a new report on the rising trend of nuclear verdicts. Connecticut is releasing funds to bolster economic development in historically underserved communities. Multiple new insurance bills have passed the New York Legislature, including the PIANY top-priority windstorm bill. 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.

New report shows that there is some downward pressure on the property-catastrophe reinsurance market. Safest drivers ranked by state: four PIA Northeast states are in top five. Connecticut announces vote on funding to curb neighborhood flooding in Portland. PIANJ elects its officers for the 2024-25 administrative year. The PIANJ | PIANY Annual Conference was held from June 2-4 and had over 1,600 attendees: thank you for making it such a success! 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.

NOAA has forecasted an above-average Atlantic hurricane season. A new DOL rule is facing pushback from business groups. The Connecticut Superior Court, Hartford judicial district, placed PHL Variable Insurance Co. and subsidiaries into rehabilitation. Commercial auto liability minimums to increase in New Jersey on July 1. In New York, the DFS issued a new circular letter on property/casualty carriers offering loss mitigation tools. Mandatory flood risk disclosure bill passes the Vermont Senate. 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.