PIACT testifies on bill that would ease E&S requirements

PIACT testifies on bill that would ease E&S requirements

by Bradford J. Lachut, Esq. | Feb 27, 2025 | ,

PIACT members and staff testified before the Connecticut General Assembly’s Insurance and Real Estate Committee in strong support of H.B.6981 on Feb. 27, 2025. This legislation would remove the due-diligence requirement for placing risks in the nonadmitted insurance market when done through an unaffiliated surplus-lines broker. PIACT was represented by Treasurer Kathleen Bailey, CPIA, ACSR, CLCS; past President James Berliner, CPCU; Member Raymond Chase, CLCS; and PIACT Director of Government & Industry Affairs Bradford J. Lachut, Esq. (pictured above.)

There and back again: An E&S journey

There and back again: An E&S journey

by Bradford J. Lachut, Esq. | Jun 6, 2024 |

In the 2023 E&S edition of PIA Magazine, I wrote about the perils and pitfalls that insurance producers face when placing business in the nonadmitted—or excess & surplus lines—marketplace through the lens of Lord of the Rings. [EDITOR’S NOTE: You can access...

PIACT holds successful Legislative Reception

PIACT holds successful Legislative Reception

by Bradford J. Lachut, Esq. | Apr 10, 2024 | ,

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.