News

Weekly Dispatch: Nov. 10, 2022

by Marcel Walls | Nov 10, 2022 | Weekly Dispatch

PIA has resources on cannabis and its effect on the industry. PIA Northeast reviews this week’s elections as the results unfold and examines how they may affect the insurance industry. Reports show that property/casualty underwriting results are expected to worsen. Happy Veterans Day! PIANJ offers a free year of membership for qualifying U.S. military veterans. Plus, you can read about state-specific industry news, advocacy updates, technical resources, education opportunities, and upcoming events in this issue of the Weekly Dispatch.

Conn./N.H./Vt.: New England’s midterm results

by Clare Irvine, Esq. | Nov 10, 2022 | General News

Connecticut’s, New Hampshire’s, and Vermont’s midterm results helped bolster the Democrats nationally, helped the Republicans keep two gubernatorial seats, and had strong turnouts across the three states. The Democrats held onto all the Senate seats up for election in...

N.Y. elections: Democrats hold on to state-wide offices, likely to lose seats in the Legislature

by Bradford J. Lachut, Esq. | Nov 9, 2022 | General News

The results of this election look a lot like most elections in New York state for the past 10 years. This year, Democrats won the state-wide positions of governor, comptroller, and attorney general, and hold comfortable majorities in both the Assembly and the State....

Cannabis and its effect on the industry

by Shirley Albright, CPIA, CISR | Nov 8, 2022 | General News

There are multiple bills pending in Congress that are designed to ease significantly, and ultimately eliminate, the tension that exists between the laws of states that have legalized the use of cannabis for adult use and federal law, which prohibits the cultivation,...

N.J.: Bill to increase minimum PIP coverage introduced in state Senate

by Bradford J. Lachut, Esq. | Nov 4, 2022 | Advocacy, Featured

Legislation that would increase minimum personal injury protection coverage, was introduced in the state Senate on Oct. 31. This legislation (S-3266) is the latest in a long line of bills to address auto insurance coverage limits that have been introduced this...

Weekly Dispatch: Nov. 3, 2022

by Jaye Czupryna | Nov 3, 2022 | Weekly Dispatch

Insuring Hogwarts: A guide for insuring Muggle schools for their various risks. PIA updates additional insureds, certificates of insurance resources, so you can help educate your clients on the Waiver of Transfer of Rights Against Others to Us endorsement. And, the Connecticut Insurance Department restructures actuarial division to regulate industry’s use of technology. Plus, you can read about state-specific industry news, advocacy updates, technical resources, education opportunities, upcoming events and information you may have missed in this issue of the Weekly Dispatch.

N.J.: Cannabis safe harbor bill introduced in state Senate, federal hurdles still exist

by Bradford J. Lachut, Esq. | Nov 2, 2022 | Advocacy

PIANJ-supported legislation, S-3239, that would create a safe harbor for insurance producers and carriers who do business with cannabis-related business was introduced in the state Senate. What does the legislation do? This legislation, sponsored by Sen. Joseph...

Power of the youth: How to get them interested in a career in the insurance industry

by Shirley Albright, CPIA, CISR | Oct 31, 2022 | Agency Management

These days, most industries struggle to recruit and retain the next generation of employees. How do you get them interested in the insurance industry? How can we make the industry more attractive to the youth? Here are some strategies: Avoid generalizations There’s a...

Insurance professionals value the ever-changing industry at PIANY’s first-ever Capital RAP

by Jaye Czupryna | Oct 31, 2022 | Association, Featured

Some 150 insurance professionals attended PIANY’s first-ever Capital RAP. The event was held Oct. 25, 2022, at the Capital Center, Albany. Scores of attendees learned from insurance industry leaders on how to navigate an ever-changing insurance landscape. Presidential...

No nightmares this Halloween

by Jaye Czupryna | Oct 31, 2022 | Consumer-focused, Featured

You’ve spent weeks preparing for Halloween. Pumpkins are carved. Bowls of candy sit near the front door. Costumes are donned. However, is your homeowners insurance ready? Do you know the answers to the what-ifs? What if a child falls on your walkway and the parents...

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