Independent agents work to protect their clients’ biggest assets: their homes. It’s no surprise that clients need to feel they can trust their independent agent when it comes to advice on protecting something so important. What is the key to fostering (and...
Insuring on a stated amount basis usually offers little benefit to the insured. From the insured's perspective, a few things can go wrong when the stated amount fails to exactly equal the cash value of a property at the time of loss. One predicament your insureds...
There are multiple bills pending in Congress that are designed to ease significantly, and ultimately eliminate, the tension that exists between the laws of states that have legalized the use of cannabis for adult use and federal law, which prohibits the cultivation,...
Legislation that would increase minimum personal injury protection coverage, was introduced in the state Senate on Oct. 31. This legislation (S-3266) is the latest in a long line of bills to address auto insurance coverage limits that have been introduced this...
PIANJ-supported legislation, S-3239, that would create a safe harbor for insurance producers and carriers who do business with cannabis-related business was introduced in the state Senate. What does the legislation do? This legislation, sponsored by Sen. Joseph...
You’ve spent weeks preparing for Halloween. Pumpkins are carved. Bowls of candy sit near the front door. Costumes are donned. However, is your homeowners insurance ready? Do you know the answers to the what-ifs? What if a child falls on your walkway and the parents...
Currently, the U.S. Department of Labor is accepting comments on a proposed regulation to determine whether an independent contractor is an independent contractor for purposes of the Fair Labor Standards Act. It’s the latest step in the DOL’s efforts to roll back the...
Legislation was introduced in the New Jersey Legislature this month that would require certain gunowners to carry liability insurance. The bill (A-4769/S-3214) would require any person in the state who carries a handgun in public to maintain liability insurance...
The New York State Court of Appeals ruled last week that amendments to Regulation 187, which created a suitability and best interest standard for the sale of life insurance and annuity products, were constitutional. This decision ends a legal battle that started in...
Owning a small business has never been easy. However, in today’s highly competitive and increasingly crowded global marketplace the challenges are more formidable than perhaps ever before. That means that if you want your agency not just to survive but to thrive, then...
