Have you thought about visiting Canada? Our friendly neighbor to the north is an extremely popular travel destination for Americans. The Seattle Times, has reported that 9.1 million Americans traveled to Canada in 2022. While Mexico took the lion’s share of American...
N.Y.: Two PIA-supported bills introduced in state Legislature amid budget negotiations
The New York state Legislature might be in the process of negotiating the budget, but it took the time to introduce two PIA-supported bills that could have a significant impact on the homeowners and auto marketplace, respectively. C-MAP Assemblyman Steven...
PIACT holds successful Legislative Reception
PIACT held its annual Legislative Reception on March 19, 2024, in the lobby of the Connecticut Legislative Office Building. The event presented a unique opportunity for insurance agents to share their experiences, insights and visions for the future of Connecticut’s insurance industry with members of the state legislature and the Connecticut Insurance Department. PICTURED: (L-R) PIACT Director of Government & Industry Affairs Bradford J. Lachut, Esq.; PIACT National Director Jonathan T. Black, LUTCF, CPIA, CLTC, NAMSA, NSSA; Representative Kerry Wood, D-29, co-chair of the Insurance and Real Estate Committee; and PIACT Government & Industry Affairs Specialist Theophilus Alexander.
The insurance implications and economic impact of the Francis Scott Key Bridge collapse
On the early morning of March 26, 2024, the container ship MV Dali hit the Francis Scott Key Bridge in Baltimore, Md. The bridge collapsed within the span of a minute, sending the bridge, cars, machinery, cargo, and even people in the chilly depths of the Patapsco...
N.Y.: Chapter amendments made to PIA-priority ‘bait-and-switch’ law
In 2023, PIANY fiercely advocated for passage of legislation that would increase consumer protections during the automobile insurance underwriting process. PIA was successful in its efforts when New York Gov. Kathy Hochul signed into law S.5764-B, which takes aim at...
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...
In review: New Jersey’s legislation session 2022-23
While PIANJ may have faced challenges in advancing the association’s top priority—a ban on the use of step-down provisions in personal auto policies—your association’s efforts during the 2022-23 session were not in vain. The organization has seen widespread success in...
N.Y.: Have you met TED?
As New York ushers in a new year, it’s not just resolutions that are changing. The insurance landscape is set for a transformative shift. Gov. Kathy Hochul released her executive budget earlier this month. Through the budget, we can get a peek of what the governor has...
N.Y.: U.S. Second Circuit Court of Appeals upholds New York Black Car Operators Injury Compensation surcharge on noncash tips
In a victory for black car and gig drivers, the U.S. Second Circuit Court of Appeals unanimously ruled 3-0 that the New York Black Car Operators' Injury Compensation Fund has the statutory authority to impose a 2.5% surcharge on noncash tips. This ruling was made on...
Navigate the Winter Wonderland: A guide for insurance agents to safeguard clients
As winter tightens its grip on the Northeast, recent storms have blanketed the region in snow and ice, creating hazardous driving conditions. With plummeting temperatures and slippery roads, it’s crucial for drivers to prioritize safe driving practices. In the United...