If you want to know how a business is really doing, look at its reviews. You’ll discover honest thoughts from customers about their experiences. People trust and seek out reviews because they’re from real people. So, it’s natural for businesses to want solely positive...
N.J.: Federal court puts a hold on insurance mandate to carry firearms
The United States District Court for The District of New Jersey issued a decision on May 16, 2023, that will—at least temporarily—suspend enforcement of an insurance requirement for those applying for a firearm-carry permit for in the state. The case of...
N.Y.: PIA-priority ‘bait and switch’ bill reported out of state Senate Insurance Committee
The colloquial term “bait and switch” is used to describe when an insurance company verifies an insurance applicant’s driving history after the applicant has paid the premium on a personal auto policy. Legislation that would ban this harmful practice passed the state...
PIANY-priority windstorm definition bill passes Assembly
The New York Legislature certainly has been active on PIANY priority-issues. PIANY’s top priority photo inspection bill passed the Legislature late last month. This week, another PIANY priority passed the state Assembly, which deals specifically with windstorm...
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....
Improve customer experience in the digital age
In today’s highly competitive, thriving insurance industry, building and maintaining strong customer relationships is crucial for success. It not only helps to create a loyal client base, but also to generate referrals and new business opportunities. With that, it’s...
Time to re-examine rental reimbursement coverage limits
For years, we have been writing personal auto policies that afford 30 days of rental reimbursement coverage at various daily limits. And for years, this was enough coverage. If a vehicle was damaged in an accident, the insured could expect the garage of his or her...
N.Y.: PIA-priority photo inspection bill passes state Senate
PIANY’s top legislative priority for the 2023 legislative year is passage of legislation that would make important reforms to New York state’s outdated photo inspection law (S.5889). That legislation got a giant step closer to becoming a law as S.5889 passed the New...
Managing risks with cyber liability policies
On Sept. 8, 2022, Suffolk County, New York, learned a professional hacking group known as BlackCat had gained unauthorized access to over 20 agencies with the county. Everybody from the police forces, to social services, to emergency dispatchers were forced to figure...
PIANY-priority bills reported out of state Senate Insurance Committee
Two of PIANY’s top legislative priorities for the 2023 legislative session successfully were reported out of the Senate Insurance Committee today: S.5889, which would make important reforms to the New York state’s outdated photo inspection law; and S.5896, which would exempt commercial insurance policies placed by retail insurance brokers through the unaffiliated wholesale excess-line brokers from the diligent-effort requirement when placing business in the excess & surplus marketplace.