Weekly Dispatch: June 9, 2022
Report highlights cars that are considered safer for younger drivers. New York state Legislature takes action on bills as session winds down. And, you still can register for PIA Annual Conference hosted by PIANJ and PIANY at the door this weekend. Will we see you there? 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.
N.Y.: Bills see action as the Legislature winds down
A trio of lesser known—but notable—insurance bills passed the New York state Legislature in the waning days of the 2022 legislation session, which could have an impact on your agency and clients. Supplemental spousal liability coverage S.9367/A.1029–Sponsored by Sen....
A look at the ‘wholesale’ marketplace
Brady Kelley is the executive director of the Wholesale & Specialty Insurance Association, a member service organization representing the entire wholesale, specialty and E&S industry. Dan Maher is the executive director of Excess Line Association of New York,...
Part V: Advocacy tips for letters/email
For this installment of our advocacy series, we are going to talk about best practices when you write a letter or an email to your legislators. While snail mail and electronic mail are different mediums, they are essentially both a letter, so the rules for writing...
Why sell a renters policy to a client when it only pays you $25 in commission?
The short answer: Bigger profits! (For the long answer, keep reading below.) It’s no surprise that many homeowners start as renters first. There’s a logical progression to it. Well, according to recent research,[1] renters who move on to home ownership don’t move on...
Weekly Dispatch: June 2, 2022
PIANY top-priority bill on photo inspections passes the state Senate, to be sent to the governor. PIANJ-priority compulsory business insurance bill passes state Senate. Property/casualty insurers experience underwriting loss in 2021—but gain surplus. If you are looking for ways to build your credibility and enhance your clients’ trust, PIA Northeast can help. 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.
PIANY top-priority photo inspection bill heads to governor’s desk, get ready to call
The New York state Senate just passed S.6028, 56-7, sponsored by Sen. Neil D. Breslin, D-44. This bill would make photo inspections of private passenger automobiles optional. Currently, many consumers are required to get a photo inspection of their vehicle within 14...
PIANJ-priority compulsory business insurance bill passes state Senate
Legislation that would require businesses and certain rental units to carry insurance passed the state Senate (25-11) on May 26. The bill, S-1368, sponsored by Senate President Scutari, D-22, would require business owners to purchase liability insurance in an...
Teach your team how to work together
Collaborating with a team can either be enlightening or disastrous depending on the tools you use, and when you’re running a business, it’s crucial to ensure that you have all the right resources to make any team effort a success. From making communication easier, to...
Weekly Dispatch: May 26, 2022
News Hurricane season starts next week: ‘Above-normal’ hurricane season predicted—is your agency ready? Forecasters at the National Oceanic and Atmospheric Administration’s Climate Prediction Center, a division of the National Weather Service, are predicting...
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