Mainsail Insurance Co., is a newly formed carrier, which is wholly owned by Spinnaker Insurance Co. The parent company is Hippo Holdings Inc., which acquired Spinnaker Insurance Co., on Aug. 31, 2020. The Florida Office of Insurance Regulation has approved Mainsail...
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.
Growing up in Southern California with doomsday-prepper parents I was prepared for the “Big One.” My family members slept with shoes next to the bed, and always had rations to hold us—along with the rest of the neighborhood—through a catastrophic event. At the start...
PIANY Director of Government & Industry Affairs Bradford J. Lachut, Esq., along with other industry representatives, testified this morning on extreme weather and the resiliency of the property/casualty insurance marketplace. The hearing was jointly hosted...
The New Jersey Compensation Rating and Inspection Bureau received approval from the Department of Banking and Insurance for a rate revision of -3.9% to become effective Monday, Jan. 1, 2024, applicable to new and renewal policies. The NJCRIB distributed Circular...
Happy Thanksgiving! PIA Northeast is honored by Utica National at conference for policy retention. New York Gov. Kathy Hochul signs top-priority photo inspection bill into law. New Jersey announces guidelines on generative artificial intelligence for state employees. Are you and your insureds ready for the incoming winter weather? Plus, you can read about state-specific industry news, compliance issues, technical resources, accolades, education opportunities, upcoming events and information you may have missed in this issue of the Weekly Dispatch.
The Connecticut Insurance Department approved the proposed workers’ compensation loss cost filing made by the National Council on Compensation Insurance, consisting of an overall 9.8% decrease. Also approved is an overall assigned risk rate reduction of 10.5%....
In a continued effort to make New York a worker-friendly state, Gov. Kathy Hochul signed A.6604/S.4982 into law, which amends the state’s labor law by further protecting employee freedom of speech and consciences. It does so by prohibiting employers from having the...
PIA Northeast’s recently promoted Director of Sales Stephanie Y. Smith, CISR, CPIA (far right), pictured with (L-R) Utica National’s Cullen Stevens, executive commercial lines NB underwriter; Jen Stein, E&O commercial lines underwriting specialist; and Mark Angelucci, senior vice president specialty casualty leader, at the Utica National E&O State Sales & Appreciation Conference from Oct. 18-19, at the Sheraton Chicago O’Hare, in Chicago, Ill.
PIANY’s top legislative priority for the 2023 legislative year is passage of legislation that would make important changes to New York state's antiquated photo inspection system. Today, Gov. Kathy Hochul signed (A.3172-A/S.5889) into law—making this top PIANY...