PIACT hosted an interactive question-and-answer session last week with Connecticut Insurance Department Commissioner Andrew Mais. The event, moderated by PIACT’s Director of Government & Industry Affairs, Bradford J. Lachut, Esq., delved into a range of critical...
Conn.: Court finds no duty to defend automobile crash injuries under home and umbrellas policies
Recently, the Court of Appeals of Connecticut affirmed a decision by a lower court, which granted a motion for summary judgment in favor of several insurance carriers. It confirmed that these carriers did not have a duty to defend and indemnify two policyholders under...
NCCI 2024 WC loss cost decrease of 9.8% 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 9.8% decrease. Also approved is an overall assigned risk rate reduction of 10.5%....
CTYIP honors individuals at its annual Gala
HARTFORD, Conn.—The Professional Insurance Agents of Connecticut’s Young Insurance Professionals recognized extraordinary insurance professionals from around the state during its Annual Industry-Wide Gala Awards Night held Oct. 12, at Anthony’s Oceanview in New Haven,...
PIACT representatives meet with CID
On Oct. 11, 2023, representatives of PIACT were invited by the Connecticut Insurance Department to participate in a virtual roundtable to discuss the health of Connecticut’s property/casualty marketplace, and to advocate for independent insurance producers across the...
PIACT top legislative priority—nonadmitted market process—signed into law
The top legislative priority for PIACT—during the 2023 legislative session—was the passage of legislation that would make small, but critical changes to the process for placing insurance policies in the nonadmitted marketplace. That legislation, H.B.6621, was signed...
Nonadmitted market process bill passes Connecticut state Legislature, PIACT priority
The top legislative priority for PIACT—during the 2023 legislative session—was the passage of legislation that would make small, but critical changes to the process for placing insurance policies in the nonadmitted marketplace. That legislation, H.B.6621, successful...
PIACT priority: Surplus-lines bill passes state House
As the days tick by to the end of the Connecticut legislative session, PIACT has been advocating for passage of the association’s top priority, H.B.6621, which makes small, but important changes to the current process of placing risks in the nonadmitted marketplace....
Connecticut Convention: Mock cyberattacks, networking
PIACT held its annual Connecticut Convention at the end of March—returning to the Hartford Marriott Downtown. The event featured hundreds of agents, company representatives, exhibitors, and more industry professionals from Connecticut. Excitingly, the Connecticut...
CTYIP installs 2023-24 officers and elects directors at annual business meeting
HARTFORD, Conn.—Officers of the Connecticut Young Insurance Professionals were elected during PIACT’s Annual Convention, March 24, 2023, at the Hartford Marriott Downtown. Ryan Kelly of Arthur J. Gallagher in Shelton will serve as president; Justin Sloan of Nesso...