N.Y.: PIANY-priority anti-arson legislation passes state Assembly

This year marks the second year of the New York state Legislature’s two-year legislative cycle. Any bill that failed to pass during the first year of the session has been returned to its chamber of origin and the process starts anew. The New York state Assembly wasted...
Canceling personal policies—the rules to follow

Canceling personal policies—the rules to follow

When insurers choose to cancel—or not to renew—a personal insurance policy, they need to ensure that they comply with the laws of the state in which they do business. Agents need to know these requirements to ensure they and their clients receive the notice of...

Updated: CE changes in New York: What does it mean?

Updated: CE changes in New York: What does it mean?

Recently, the New York State Department of Financial Services announced that it has finalized changes to the continuing-education requirements for insurance producers. PIANY has compiled a list of frequently asked questions to help its members prepare for these...

Five funny holiday- and winter-time claims

Five funny holiday- and winter-time claims

After determining that everyone is safe and getting the claims process started, there are some claims submissions that can give an agent a belly laugh once he or she gets off the phone. Here are some comical examples of winter-season claims: No. 1: A very hungry pup....

Weekly Dispatch: Dec. 22, 2021

Weekly Dispatch: Dec. 22, 2021

AM Best predicts insurers can manage tornado losses. PIA teaches agents more about the National Flood Insurance Program’s Risk Rating 2.0. And, Gov. Lamont announces commission to approve support for small businesses. Plus, you can read about state-specific industry news, advocacy updates, technical resources and upcoming events in this issue of the Weekly Dispatch.

The holidays are full of claims opportunities

The holidays are full of claims opportunities

We hope that everyone has a safe and warm holiday season without any mishaps—but sometimes, things go awry. And, just what are the most common claims this time of year? For the answer, read on: No. 1: Fires. At this time of year, people tend to use more candles, light...

Conn.: NCCI 2022 WC loss cost decrease of 14.1% approved

Conn.: NCCI 2022 WC loss cost decrease of 14.1% approved

The Connecticut Insurance Department approved the proposed workers’ compensation loss cost filing made by the National Council on Compensation Insurance, consisting of an overall 14.1% decrease. The CID also approved an overall assigned risk rate decrease of 8.2%....

COVID-19: How life insurance sales are trending

COVID-19: How life insurance sales are trending

Communities around the globe first faced the threat of COVID-19 in late 2019. At the time, no one knew how bad it was going to be, but as cities overseas (e.g., China and Italy) began to experience the effects of the pandemic—and lockdowns were instituted to blunt the...