In a major step toward modernizing Connecticut’s insurance regulations, the state House of Representatives has passed H.B. 6981, a measure that eliminates an outdated procedural barrier in the excess-and-surplus lines market. Spearheaded by Rep. Kerry Wood, D-29, a...
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...
S.B.1386 has officially been voted out of committee—marking a step forward in Connecticut’s efforts to address breed-based discrimination in homeowners and renters insurance. Importantly, the version of the bill that advanced includes all the technical corrections...
The PIA Connecticut Convention—held at Foxwoods Resort Casino—was a smashing success. From March 20-21, more than 300 insurance producers from the Northeast gathered to network, learn and expand the capabilities of their businesses. Highlights from the two-day...
HARTFORD, Conn.—Officers of the Professional Insurance Agents of Connecticut Inc.’s Young Insurance Professionals were elected March 21, 2025, during PIACT’s Annual Convention, at Foxwoods Resort Casino in Mashantucket, Conn. Justin Sloan of the Nesso Group in...
The PIACT held its annual Legislative Reception on March 13, 2025, at the Legislative Office Building in Hartford, Conn. [CAPTION: (L-R) Rep. Kerry Wood, D-29, co-chairperson of the Insurance & Real Estate Committee, and Kelly Bettuchi, director of government affairs for The Connecticut Group LLC.]
Recently, PIACT provided written testimony on S.B.1386, which would prohibit insurance companies from using a dog’s breed as the factor in underwriting homeowners and tenants insurance policies. While PIACT does not take a formal stance on the bill, the association...
PIACT voiced opposition to S.B.1245, a proposed bill that would require insurance producers and surplus-lines brokers to provide written notice about the availability of flood insurance at the time of application for personal risk insurance. While PIACT supports...
PIACT members and staff testified before the Connecticut General Assembly’s Insurance and Real Estate Committee in strong support of H.B.6981 on Feb. 27, 2025. This legislation would remove the due-diligence requirement for placing risks in the nonadmitted insurance market when done through an unaffiliated surplus-lines broker. PIACT was represented by Treasurer Kathleen Bailey, CPIA, ACSR, CLCS; past President James Berliner, CPCU; Member Raymond Chase, CLCS; and PIACT Director of Government & Industry Affairs Bradford J. Lachut, Esq. (pictured above.)
It is fair to say that the 2024 legislative session did not go as planned for the Connecticut Insurance and Real Estate Committee. As previously reported—due to a short legislative session and political in-fighting—the committee failed to report out any legislation in...