News

Weekly Dispatch: Dec. 7, 2023

Weekly Dispatch: Dec. 7, 2023

Triple-I: “Above-average” 2023 Atlantic hurricane season matched forecasts from Colorado State. AM Best’s outlook on U.S. personal-lines segment remains “negative” from 2022. Remind your clients to watch out for disaster-related frauds and scams this winter. PIA Northeast congratulates Connecticut and Vermont insurance commissioners who were elected by NAIC. New York Gov. Kathy Hochul requests a major disaster declaration for September flooding. 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.

Parametric disaster insurance

Parametric disaster insurance

In today’s rapidly changing world, traditional insurance products may fall short when it comes to effectively managing and mitigating risk. However, to fill those voids a new type of insurance product has emerged—parametric insurance. Parametric insurance covers the...

Weekly Dispatch: Nov. 30, 2023

Weekly Dispatch: Nov. 30, 2023

A new rule proposal from the Department of Labor receives pushback from PIA. New Jersey announces the adoption of the Advanced Clean Cars II rule to support zero-emission vehicles. New York Gov. Kathy Hochul signed legislation to protect consumers during storms and other emergencies. Plus, you can read about state-specific industry news, advocacy updates, technical resources, education opportunities and upcoming events you may have missed in this issue of the Weekly Dispatch.