Weekly Dispatch: May 1, 2025
The PIANJ | PIANY Annual Conference is only a few weeks away: register now. Learn everything you need to know about lawsuit lending in New Jersey—and what PIANJ plans to do to stop it. New York state Assembly introduces bill that would unify insurance licensing without eliminating the agents or brokers roles. Plus, you can read about state-specific industry news, compliance issues, advocacy updates, technical resources, education opportunities and upcoming events in this issue of the Weekly Dispatch.
N.Y.: New DFS cyber security requirements take effect May 1, 2025: Are you in compliance?
Beginning Thursday, May 1, 2025, the next wave of cyber security compliance requirements under the amended New York State Department of Financial Services’ regulation (23 NYCRR 500) will go into effect. These rules will apply differently depending on your exemption...
Connecticut insurance producers: What to know when carriers exit a line of business
As the insurance marketplace in Connecticut continues to evolve, PIACT has received reports from members across the state of carriers discontinuing or substantially reducing writing certain lines of coverage. During this time, it’s vital that Connecticut...
N.Y.: Unifying insurance licensing without erasing agents or brokers
For years, insurance professionals in New York state have juggled separate licenses to operate as agents and brokers—costly, time-consuming and often redundant. A new bill (A.8065), introduced in April 2025 by Assemblymember Pamela Hunter, D-128, aims to fix this...
Weekly Dispatch: April 24, 2025
PIA Northeast thanks all its members and volunteer boards for their tireless work and effort. Recent market conditions prompt opportunities in the surplus lines sector. PIANJ makes the push for comparative negligence protections for insurance producers. New York pushes for stronger discovery laws to counter organized retail theft. Vermont appoints new Department of Financial Regulation commissioner. Plus, you can read about state-specific industry news, advocacy updates, technical resources, accolades, education opportunities and upcoming events in this issue of the Weekly Dispatch.
The year-round wildfire season: Help your clients manage a possible new threat
Until recently, wildfires followed a seasonal pattern. Primarily, we saw dangerous wildfires spread through the summer and fall months, and then a cooler period during the winter and spring when businesses countrywide would have the opportunity to rebuild and recover....
Film set insurance: lights, camera, coverage!
Nowadays, anyone can make a movie: we’re living in a time in which digital recording equipment has never been more abundant and inexpensive. However, just because people can jump in and decide to make a movie or commercial, doesn’t mean they should start shooting...
Why PIANJ supports comparative negligence protections for insurance producers
When insurance agents or brokers are sued for professional negligence, their defense should be as fair and balanced as any other party in a civil lawsuit. But in New Jersey, that’s not always the case. Insurance producers face a unique and often unjust hurdle: they’re...
Break into insurance: Build a career
There’s a reason you keep hearing that the insurance industry is stable. It’s not just a talking point. In a world in which so many professions are fading into gig work or being overtaken by algorithms, insurance has quietly remained one of the few sectors offering...
Weekly Dispatch: April 17, 2025
Nuclear Verdicts® prompt carriers to leave the market in some states—read the full report. CID climate resiliency council has key updates about its progress so far. Two bills were introduced to the New York state Senate and Assembly—one would offer CE credit for association membership, the other would clarify the use of telematics. Plus, you can read about state-specific industry news, compliance issues, advocacy updates, technical resources, accolades, education opportunities, upcoming events and information you may have missed in this issue of the Weekly Dispatch.
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