Today, employers must have effective loss controls in place before they purchase employment practices liability insurance. And yet, the current hardening of the market for such coverage shows us that rates and retentions are increasing after years of struggles....
N.J.: 2021 Election Day preview
“In politics, there is no use in looking beyond the next fortnight.” –British politician Joseph Chamberlain In other words, two weeks is a lifetime in politics, so there’s really no point in looking past that window. But on Tuesday, Nov. 2, 2021, New Jersey voters...
New N.J. law mandates business-interruption disclosure to clients
Gov. Phil Murphy signed A-4805 into law this week. The new law requires insurers to disclose critical information related to business-interruption coverage in commercial insurance policies to consumers. Requirements for insurers The new law serves to correct clients’...
New Jersey PIAPAC gets a new chair
Powell Christopher J. Powell, partner at Hardenbergh Insurance Group in Marlton, became New Jersey PIAPAC’s new chair on July 1, 2021. He has a long history of political involvement in New Jersey, which makes him perfect to lead the political arm of PIANJ. Recently, I...
Political terms you should know for New Jersey’s upcoming election
This is a big election year in New Jersey. Not only are all 120 state legislators up for election, but so is Democrat Gov. Phil Murphy. While New Jersey is considered a blue state, the voters have not reelected a governor from the Democratic Party to a second term...
N.J.: PIANJ-priority ‘step-down’ legislation introduced in the state Senate and state Assembly
Legislation (S-3899/A-5901)–introduced by Sen. Joseph P. Cryan, D-20, and Assembly Financial Institutions and Insurance Committee Chair John McKeon, D-27, last week and this week, respectively—would prohibit the use of ‘step-down’ provisions in personal automobile...
N.J.: Murphy reopens state; offers guidance to offices, and lifts mandate for mask wearing
Gov. Phil Murphy signed Executive Order No. 243 to expand efforts to reopen the state by further reducing mask requirements. Effective Friday, June 4, workplaces not open to the public will no longer need to require employees wear face masks or adhere to social...
PIANJ, NJYIP and federal legislators discuss the NFIP, cannabis and S corporations
As part of PIA’s Virtual Advocacy Day last week, PIANJ and NJYIP leaders met with staff from the offices of New Jersey’s congressional delegation. PIANJ and NJYIP leadership included the following: PIANJ President Steve Radespiel,PIANJ President-elect Mike DeStasio...
Some N.J. districts are up for big change—Do you know who is running in this year’s election?
This year, New Jersey PIAPAC is watching the New Jersey state elections because all 120 of New Jersey’s state legislators are up for reelection in November. The deadline to register to vote is 21 days before the election, and you can check your registration status on...
What is the difference between Agents Advocacy Coalition, New Jersey PIAPAC and PIA National’s PIAPAC?
Often, PIA fields questions from its members about PIA’s political action committees. PIA Northeast has two state PACs—Agents Advocacy Coalition, the official PAC of PIANY and New Jersey PIAPAC. Each of them supports legislators and candidates from their respective...