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N.J. court rules Uber Eats insurer does not have to offer UM/UIM coverage

N.J. court rules Uber Eats insurer does not have to offer UM/UIM coverage

by Bradford J. Lachut, Esq. | Oct 11, 2022 | Advocacy

In the case of Malzberg v. Josey et al., the Superior Court of New Jersey ruled that Uber Eats, the food delivery company, was not obligated by law to provide uninsured/underinsured coverage to drivers using its app.  What happened? Scott Malzberg delivered food...

Vermont Supreme Court allows novel ‘physical damage’ COVID-19 theory to proceed

Vermont Supreme Court allows novel ‘physical damage’ COVID-19 theory to proceed

by Bradford J. Lachut, Esq. | Sep 27, 2022 | Featured, General News

Recently, the Vermont Supreme Court ruled in the case of Huntington Ingalls Industries v. Ace American Insurance Co., that a policyholder could proceed with a business interruption claim that alleges that the COVID-19 virus caused physical damage to property when it...

N.J.: Cannabis safe harbor bill moves forward

N.J.: Cannabis safe harbor bill moves forward

by Bradford J. Lachut, Esq. | Sep 20, 2022 | Advocacy, Featured

PIANJ-supported legislation, A-389, which would create a safe harbor for insurance producers and carriers working with a cannabis-related business was reported out of the state Assembly Financial Institutions and Insurance Committee—a major step toward the bill...

How credit reports affect insurance scoring and how often they need to be updated

How credit reports affect insurance scoring and how often they need to be updated

by Shirley Albright, CPIA, CISR | Sep 19, 2022 | Consumer-focused, Featured

Insurance scoring is when insurers use a score, which is based on a policyholder’s credit history, to screen potential customers for underwriting acceptability. Originally, the scoring methodology was developed in the context of evaluating loan applicants. Credit...

Two PIANJ-supported bills signed into law

Two PIANJ-supported bills signed into law

by Bradford J. Lachut, Esq. | Aug 8, 2022 | Advocacy

The state Legislature may have been on summer recess, but its impact was still felt as two compulsory insurance bills were signed into law by Gov. Phil Murphy on Aug. 5. Increase in auto limits S-481, sponsored by Sen. Nicholas Scutari, D-22, and Assemblyman Louis...

N.Y.: WC insurance available to businesses with outstanding balance through NYSIF

N.Y.: WC insurance available to businesses with outstanding balance through NYSIF

by Bradford J. Lachut, Esq. | Jul 14, 2022 | Advocacy, Featured

At the end of June, Gov. Kathy Hochul signed legislation into law that directly impacts businesses with outstanding unpaid balances with the New York State Insurance Fund. What does the new law do? Under the new law (S.9096/A.10078), which goes into effect...

PIANJ priority bills pass state Legislature

PIANJ priority bills pass state Legislature

by Bradford J. Lachut, Esq. | Jul 5, 2022 | Advocacy

Two bills passed the New Jersey state Legislature last week, which would impact the personal auto and commercial insurance marketplace, respectively. The auto limits bill was amended in the state Senate. Increase in auto limits S-481, sponsored by Sen. Nicholas...

Random insurance thoughts: Jurassic Park

Random insurance thoughts: Jurassic Park

by Bradford J. Lachut, Esq. | Jul 1, 2022 | Featured, General News

You may be aware that Jurassic World Dominion was released earlier this month. Dominion is the (checks IMDB) sixth Jurassic Park/World movie. The release of JWD has caused me think about the “Jurassic” premise as whole. First, let me say I am a huge Jurassic Park fan....

Bills that would affect N.J.’s auto insurance market pass insurance committees

Bills that would affect N.J.’s auto insurance market pass insurance committees

by Bradford J. Lachut, Esq. | Jun 24, 2022 | Advocacy

Senate Six months into the job as state Senate President, Sen. Nicholas Scurtari, D-22, is looking to put his stamp on New Jersey’s automobile insurance marketplace. Last week a series of bills—sponsored by Scurtari—passed the Senate Commerce Committee. If signed into...

N.Y.: Bills see action as the Legislature winds down

N.Y.: Bills see action as the Legislature winds down

by Bradford J. Lachut, Esq. | Jun 7, 2022 | Advocacy

A trio of lesser known—but notable—insurance bills passed the New York state Legislature in the waning days of the 2022 legislation session, which could have an impact on your agency and clients. Supplemental spousal liability coverage S.9367/A.1029–Sponsored by Sen....

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