N.Y.: New pet insurance legislation: Implications for independent insurance agents and clients
New York’s pet owners and their beloved companions are set to benefit from newly passed legislation that formalizes the regulation of pet insurance in the state. While pet insurance has been available for years, this landmark move introduces a clear and structured...
N.J.: Clarifying duties and liabilities of private beach owners under S.1709
Sponsored by Sens. Declan J. O’Scanlon, Jr., R-13, and Paul A. Sarlo, D-63, S-1709 would clarify the duties and liabilities of private beach owners and lessees regarding injuries suffered by beachgoers. The legislation would provide that private beach owners or...
Vt.: Stricter penalties for retail theft of merchandise—new law effective now
Vermont will enforce a new law aimed at curbing retail theft by increasing penalties for offenders, effective July 1, 2024. This new law is a response to rising concerns over retail theft and its impact on businesses and communities. Here's what you need to know about...
FCC implements regulations to combat unlawful text messages, enhance consumer privacy
On Dec. 13, 2023, the Federal Communications Commission adopted significant regulatory changes under the Telephone Consumer Protection Act, which will attempt to curb unlawful text messages and close loopholes exploited by lead generators. These measures are intended...
Weekly Dispatch: June 27, 2024
PIA Northeast wants to hear your thoughts on the state of the market. A new Triple-I report indicates that personal auto profitability is moving in a positive trend. New York Gov. Kathy Hochul signs the SAFE Act, restricting children’s use of social media. Connecticut hosts a special legislative session. Vermont issues a new DMV bulletin. Plus, you can read about state-specific industry news, compliance issues, advocacy updates, technical resources, accolades and education opportunities in this issue of the Weekly Dispatch.
40th Annual NJYIP Fun Run raises $80,000 for Special Olympics New Jersey
The New Jersey Young Insurance Professionals hosted its 40th Annual Fun Run 5K June 4, 2024, at 6:30 a.m. on the scenic Boardwalk outside the Hard Rock Casino in Atlantic City. The event saw over 80 enthusiastic runners, who collectively raised an impressive $80,905...
Protect business and personal assets
Running a business as a limited liability company adds a layer of protection for personal assets. However, long-term risks and transitions, such as dissolution, can make a business vulnerable. As an agent, you can guide business owners toward the best choices. By...
Navigating the treacherous market landscape
With the rate increases and the lack of coverage availability, we know you're feeling the pressure with both selling products and retaining clients during this hard market. Additionally, you may be facing commission cuts and even terminations as carriers try to cut...
N.Y.: District Office Visits: Unlocking legislative influence through PIA
District Office Visits are a key member benefit provided by PIA, designed to foster meaningful relationships between PIANY members and state legislators. These strategic advocacy meetings, held either in-person or virtually with state legislators, allow PIANY members...
Weekly Dispatch: June 20, 2024
Marsh: Ransomware continues to be a challenge for cyber insurance claims. Read all about the out-of-this-world 2024 PIANJ | PIANY Conference at the Hard Rock Hotel Casino. Vermont Gov. Phil Scott vetoed a data-privacy bill because it would make the state “hostile to businesses.” Plus, you can read about state-specific industry news, compliance issues, advocacy updates, technical resources, education opportunities, upcoming events and information you may have missed in this issue of the Weekly Dispatch.
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