The National Association of Insurance Commissioners’ Financial Regulations Standards and Accreditation Committee accredited the New Jersey Department of Banking and Insurance. New York State Department of Financial Services Superintendent Linda A. Lacewell announced her resignation. And, you can make sure that you are up-to-date with the latest information about the Federal Emergency Management Agency’s Risk Rating 2.0 methodology. Plus, you can read about state-specific industry news, advocacy updates, technical resources, opportunities to earn continuing-education credits and upcoming events in this issue of the Weekly Dispatch.

Bills to repeal the Federal Insurance Office and to allow continued coverage with the National Flood Insurance Program have been introduced in the U.S. House of Representatives. The Federal Emergency Management Agency has delayed the Risk Rating 2.0 rating engine. And, employers in New York are required to adopt an airborne infectious disease prevention plan by today. Plus, you can read about state-specific industry news, advocacy updates, technical resources and upcoming events in this issue of the Weekly Dispatch.

New Jersey’s governor signs legislation to protect workers and employers from misclassifications, and PIA has resources to help you classify your employees properly. New Hampshire’s legislators took action on a number of issues, including: unfair insurance practices; the residency requirement; the Paycheck Protection Program; and a number of employee/employer issues (unused vacation time; minimum wage; interest and dividends tax; and business taxes). And, FEMA offers a guide to Risk Rating 2.0 for independent agents. Plus, you can read about state-specific, industry-related news, advocacy updates and upcoming events in this issue of the Weekly Dispatch.

The Federal Emergency Management Agency is offering agent-training sessions for Risk Rating 2.0 this July and August. PIA has objected Congress’ attempts to reduce or repeal passthrough tax deductions. And, legislation to standardize the definition of hurricanes in HO policies is PIANY’s top priority. Plus, you can read about state-specific, industry-related news, advocacy updates, technical resources and upcoming events in this issue of the Weekly Dispatch.

The definition of independent contractor could be narrowed—and PIA disapproves. The Federal Emergency Management Agency’s Risk Rating 2.0 was discussed at the second hearing for the National Flood Insurance Program. And, PIANY has published a video about how to comply with the NY HERO Act. Plus, you can read about state-specific industry-related news, advocacy updates, technical resources and upcoming events in this issue of the Weekly Dispatch.

Possible by week’s end: National Flood Insurance Program lapse, federal government shutdown. Utica National presented with Company Award of Excellence—get your E&O through Utica National and PIA. NHID announces confirmation of Bettencourt as insurance commissioner. And, PIANY asks members to contact governor to sign photo inspection and bait-and-switch bills. 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.

Data reveals that 20% of homeowners don’t know how much they pay for their homeowners insurance, agents need to help their clients prepare for the price hikes that inflation will cause. PIANJ offers resources to help agents educate their clients about the recent New Jersey law that requires mandatory insurance for businesses. Workers’ compensation rates are expected to decrease in Connecticut and New Jersey. 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.

The Coalition Against Insurance Fraud has updated its estimate for how much insurance fraud costs consumers and businesses for the first time in 27 years—the new data estimates that fraud costs $308.6 billion a year. A new study reveals the differences in how insurance buyers in each generation search for and purchase insurance. And, FEMA is requesting information that makes it look like it’s interested in selling flood insurance directly to insureds. Plus, you can read about state-specific industry news, and education opportunities in this issue of the Weekly Dispatch.

Recent AM Best report finds that dedicated reinsurance capital growth of 2021 may not continue; NAIC passes Pet Insurance Model Act. And, does a car’s color indicate its likelihood of being in an accident? Plus, you can read about state-specific industry news, accolades, education opportunities and upcoming events in this issue of the Weekly Dispatch.