A resurgent PPP is prompting executive changes and regulatory action. PIA’s CIC- and CISR-designation programs are available online. And, read about state-specific legislative updates and technical developments in this issue of the Weekly Dispatch.
News
Weekly Dispatch: Feb. 18, 2021
Florida hackers highlight the need for security while employees work remotely. Be sure that you are in compliance with data security laws. Take PIA’s Market Trends Survey. And, read about state-specific legislative updates and technical developments in this issue of the Weekly Dispatch.
Business interruption bill reported out of committee
Legislation that would require insurers to disclose whether certain policies have business interruption pandemic coverage passed the Senate Commerce Committee on Feb. 11, 2021. The bill (A-4805), which has passed the New Jersey Assembly unanimously, would require an...
DFS announces cyber security fraud alert
The New York State Department of Financial Services issued a cyber security fraud alert today to all of its regulated entities. The alert describes a widespread cybercrime campaign to steal consumers’ nonpublic information from public-facing websites that transmit or...
Weekly Dispatch: Feb. 11, 2021
The PPP has returned. The property/casualty industry income has dropped. Watch PIA’s latest video on cancellation and nonrenewal requirements. Plus, read about state-specific legislative updates and technical developments in this issue of the Weekly Dispatch.
NCCI 2021 WC loss cost decrease of 5.5%
The Vermont Department of Financial Regulation approved the original workers’ compensation voluntary loss-cost filing made by the National Council on Compensation Insurance, consisting of an overall 5.5% decrease. Additionally, a decrease of 4.6% of the overall...
Conn. Legislature contemplates legalized sports betting, health care reform and more
As a result of the pandemic, Connecticut’s 2021 legislative session is operating differently this session. This means that committee meetings—as well as one-on-one meetings with lawmakers—will take place remotely. There are no more walk-and-talk conversations with...
Keeping up with winter storms
As a PIA Northeast member, you can keep updated on the latest storm news via PIA’s Storm Info Central. This tool kit includes: state-specific insurance department information; pertinent QuickSource and Ask PIA resources on topics such as snowplowing, business...
Weekly Dispatch: Feb. 4, 2021
PIA provides resources on reopening and returning to work, and on how to keep up with winter storms. The U.S. Capitol riot stresses the importance of insurance. PIA announces 2021 legislative priorities. Plus, read about state-specific legislative updates and technical developments in this issue of the Weekly Dispatch.
PIANJ and Assemblyman McKeon discuss ‘step-down’ provisions
Members of PIANJ met with Assemblyman John McKeon, D-27, chairman of the Assembly Financial Institutions and Insurance Committee, yesterday to discuss the issue of step-down provisions in personal auto policies—one of PIANJ’s top legislative priorities. The...