Last week, the New Hampshire Insurance Department released a reminder that insurance companies in the state could not decline to offer coverage for private passenger vehicles based on manufacturer. The NHID specifically cited two manufacturers as examples of carriers...
COVID-19 is not the first communicable disease to reveal just how susceptible the world still is to severe impact from germs, but the current pandemic is shaping how people need to think about insurance. PIANY has been continuing its work to repeal New York state’s antiquated arson law. And, don’t miss out on the Connecticut Convention being held in the insurance capital of the world. Plus, you can read about state-specific industry news, advocacy updates, education opportunities, upcoming events and information you may have missed in this issue of the Weekly Dispatch.
COVID-19 is not the first communicable disease to reveal just how susceptible the world still is to severe impact from germs. Modern medicine had seemingly veiled society from diseases like polio, tuberculosis, and influenza. However, even today we see outbreaks of...
New York City is unique. More than eight million people live in New York City and it is home to over 800 different languages. It is also the only city in New York state that still requires certain property owners to complete an anti-arson application to purchase...
Analytics is essential for any marketing campaign. Analytics tools are what you use during research to inform targeting and interpret results during and after the campaign. It’s important to realize the application of behavioral analytics when you’re building your...
Following the disappointing veto by New York Gov. Kathy Hochul of PIANY’s top legislative priority—which would have made photo inspection system optional in the state—PIANY has been working tirelessly to include this issue in the governor’s executive budget. PIANY is...
PIACT has announced its 2023 legislative priorities, supporting legislation that would waive the declinations requirement when an agent renews a policy in the surplus-lines market through an unaffiliated, licensed wholesale broker. In recognition of Data Privacy Week, New York state is promoting techniques for protecting private data. Reinsurance refers to the system in which an insurer moves all or some of a risk to another insurer to give protection in case of risks on the first insurance. Plus, you can read about state-specific industry news, compliance issues, technical resources, education opportunities and upcoming events in this issue of the Weekly Dispatch.
Gov. Phil Murphy signed P.L. 2022, C.131 into law, which requires any person in the state carrying a handgun in public, to maintain liability insurance coverage. What you need to know about this new law: What does it say? The new law is a comprehensive gun safety law...
In Formula 1 racing, rain changes the tenor of the race. The normally slick tires do not have the grip to handle a wet track, slowing the cars and amplifying the skills of the actual driver compared to other races. And if a race has even a threat of rain, it is...
The U.S. District Court, District of New Jersey held in the case of Harford Mutual Insurance Co. v. Z&D Realty LLC that insurance companies do not have an obligation to investigate whether insurance applicants were truthful on the applications and that...