The New Hampshire Insurance Department approved the original workers’ compensation voluntary loss cost filing made by the National Council on Compensation Insurance—consisting of an overall 5.6% decrease. These loss costs will take effect Wednesday, Jan. 1, 2025. For...
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Weekly Dispatch: Sept. 5, 2024
Main Street America exits personal-lines, shifts focus toward commercial-lines market. The National Flood Insurance Program is scheduled to expire at the end of the month. Register now for PIA’s Annual Leadership Conference & Advocacy Day. Connecticut and Vermont respond to recent flooding. New Hampshire creates a weather disaster response team. 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.
Millennials, Gen Z: Connect with the next generation of insurance
Millennials and Gen Z represent the largest generation in history, and both generations are a largely untapped market for the insurance industry. While the insurance world has been evolving, let’s face it, the processes can be clunky and cumbersome, which is not...
Startup tactics: Launching and scaling efficiently on a limited budget
Launching a startup company without a budget is possible with the right approach. Accomplish your goals by choosing the right type of business, maximizing efficiency, and using innovative tactics to scale your business. Here are some tips to get you started. Getting...
Weekly Dispatch: Aug. 29, 2024
Are your insureds ready for the new school year? Talk to them about cyberbullying coverage. Connecticut’s emergency declaration for this month’s flooding has been approved. PIANY continues to communicate with the DFS over carrier exits from the state. Vermont implements regulatory exemptions to boost affordable housing. Plus, you can read about state-specific industry news, compliance issues, advocacy updates, technical resources, accolades, education opportunities and upcoming events in the Weekly Dispatch.
PIANY, DFS continue discussions on carrier exits from N.Y. marketplace
Last week, representatives from PIANY met with officials from the New York State Department of Financial Services for a second time this month to continue discussions on the impending exits of Adirondack Insurance Exchange and Mountain Valley Insurance Company from...
Back to school: why cyberbullying coverage is integral for teens and families
Where did the time go? It seems like summer began just yesterday ... As summer winds to a close and the excitement of a new school year builds, it's easy to get swept up in the rush of buying school supplies, meeting new teachers and planning your daily routines....
What to know: The N.Y. insurance guaranty fund
Insurance is meant to protect you when unexpected events happen, but what happens if your insurance company goes out of business? That’s where the New York insurance guaranty fund comes in. This fund is designed to protect policyholders and ensure that claims are paid...
Tech: Build and maintain strong customer relationships
Nothing impacts your business’s success more than the strength of your customer relationships. Delivering high-quality customer service makes your customers feel connected, encouraging them to renew, purchase additional products, and recommend your agency to others....
Weekly Dispatch: Aug. 22, 2024
United States District Court for the Northern District of Texas strikes down FTC’s noncompete rule. Read the first entry of PIA Northeast’s infrastructure series. Connecticut issues state of emergency due to recent catastrophic flooding. New Jersey Gov. Phil Murphy appoints replacement for Democrat Sen. Bob Menendez. Vermont launches new program to help drivers on the autism spectrum. Plus, you can read about state-specific industry news, technical resources, advocacy, education opportunities, upcoming events and information you may have missed in this issue of the Weekly Dispatch.