Are you getting peppered with phone calls from people claiming to represent an interested acquirer? It sounds intriguing, even flattering, but beware. Often, these callers don’t represent a buyer. Rather, they represent any buyer that will pay them a fee to introduce...
New presidential executive order looks to tackle cybercrime impacting Americans. Connecticut introduces new bill to address third-party litigation. New Hampshire warns users of insurance penalties under new speeding law. PIANY issues latest analysis of Part EE of Gov. Kathy Hochul’s TED budget proposal. Plus, you can read about state-specific industry news, compliance, advocacy, technical resources, education opportunities, upcoming events and information you may have missed in this issue of the Weekly Dispatch.
Third-party litigation funding has become an increasingly visible force in the civil justice system. These arrangements allow outside investors to provide cash advances to plaintiffs involved in lawsuits in exchange for a portion of a future settlement or...
In our ongoing series examining the insurance-related proposals in Gov. Kathy Hochul’s Transportation, Economic Development and Environmental Conservation budget, we’ve looked at measures affecting transparency, market stability and mitigation....
Insurance compliance leaders, audit managers and operations owners all face the same squeeze: regulators expect consistency, executives want speed, and frontline teams want fewer drop-everything evidence requests. The good news is that audit work is mostly repeatable....
AM Best issues new commentary on Winter Storms Fern and Hernando, anticipating above-average losses. PIACT delivers testimony in support of bill provisions that would promote billing transparency. New Hampshire lost another lawsuit in emissions testing fight. New bills introduced in New York state carry significant implications for the property/casualty sector. Plus, you can read about state-specific industry news, compliance, advocacy, technical resources, education opportunities, upcoming events and information you may have missed in this issue of the Weekly Dispatch.
The New York state Assembly passed A.6652-B, legislation that would allow insurance producers to carry forward up to five excess continuing-education credits into their next licensing cycle, on Feb. 26, 2026. The bill is a top...
As Connecticut continues to implement its retirement security framework, significant legal changes taking effect in 2026 will impact employers throughout the state—especially those that do not already offer qualified retirement plans. ...
PIACT has formally expressed its support for H.B.5373–An Act Concerning Premium Billing Notices for Personal Risk Insurance Policies. At a recent public hearing held by the Connecticut Insurance and Real Estate Committee, PIACT submitted testimony in support of the...
In our ongoing series examining the insurance-related proposals in Gov. Kathy Hochul’s TED budget, we’ve looked at how Part BB would strengthen premium transparency, and how other provisions could affect market stability. Now we turn to Part DD—an...