Traditionally, a legacy is something that is handed down from one generation to the next. In the legal world, it is literally an amount of money or property left to someone. More philosophically, a legacy can be an idea, mission, or purpose that future generations are...
Did you know that the Federal Emergency Management Agency’s substantial damage rule applies to any building damage … not just flood damage? That’s right, even common homeowners policy perils such as wind, fire and/or water damage could trigger the requirement for a...
The New York state Assembly passed A.9284-A on March 30, 2022, with a 114-32 vote. This bill—sponsored by Assemblymember Deborah J. Glick, D-66—would be a chapter amendment to the 2021 dog breed law. It would close a loophole in the current law by prohibiting insurers...
Recently, the National Oceanic and Atmospheric Administration released its climate predictions for April, May and June. After a winter that was mild for some—and not so mild for others—this spring could be a much-needed break. However, some of these predictions come...
Personal- and commercial-lines insurance policies are nuanced. If you know how each policy will respond to an insurance claim, you can help your clients be better prepared ahead of time. Quiz yourself with the following examples: Do both personal- and commercial-lines...
The New York state Assembly passed A.6877—sponsored by Assemblyman Kenneth Zebrowski, D-96—yesterday. This bill is one of PIA’s top legislative priorities, and it would allow insurance carriers to waive the photo inspection requirement when clients purchase physical...
Each summer, meteorologists watch the weather over the Atlantic Ocean carefully for any signs of hurricanes forming and they determine if the storm gets big enough to earn a name. While the Oxford Learner’s Dictionary defines a hurricane as, “violent storm with very...
PIA just concluded its most recent round of Regional Advisory Council meetings. What are RACs? I’m glad you asked. As a completely biased writer who has attended nearly a hundred RAC meetings throughout the years, they are one of the most valuable experiences that PIA...
Typically, solar panels represent a sizable financial investment. As an insurance agent, you naturally want to provide your clients with all the information they need to protect that investment properly. Whether homeowners enlist qualified installers or install their...
Personal- and commercial-lines insureds are responsible for injuries or damage when they rent vehicles (or rent out their own vehicles to others), when they are hired to use their vehicles to provide delivery or transportation services and when they borrow or lend...