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...
In the past year, inflation has sent prices soaring on many household items and gasoline—especially gasoline. While the effect on inflation does not have the same immediate impact on insurance premiums as it does for gas and groceries, insurance carriers have...
There are things every agent should understand about commercial property coverage. How well-versed are you on the finer points of this key coverage? Are you familiar with how the law affects the valuation of property? Or the effect that ordinances or laws can have on...
Whether they are being spoken, written or posted online, the words we say have an impact on others—and on the ways others perceive the ones sharing those words. Personally and professionally, we have each felt the impact of what others have said about us, to us...
In the commercial-lines insurance industry, insurance agents are responsible for staying abreast of their clients’ risks and exposures, on industry trends and on best practices for representing their agency, their carriers and their customers. Stay prepared When it...
Valentine’s Day—and the winter season in general—is a popular time of year when insureds invest in big purchases. Whether they’re investing in their future, or simply a new, expensive commodity, they could need insurance coverage—and that’s where you come in. Common...
Now that the New York state Legislature is back in session, PIANY’s advocacy for the association’s legislative priorities is getting kicked into high gear—and that includes PIANY’s work to make private-passenger photo inspections optional. Through PIANY’s efforts,...
The winter season may bring warm fires, hot chocolate and cozy socks to mind—but residents in the Northeast aren’t strangers to the bitter cold, snowy conditions that accompany the winter months. For 2022, the National Oceanic and Atmospheric Administration predicted...
The more an insurance producer understands about cyber-related dangers that face clients, the better able that insurance producer is to help. From ransomware attacks, to breaches that trigger notification requirements under state security-breach laws, to...
Gov. Phil Murphy signed S-1559 into law on Tuesday, which allows consumers to bring “bad-faith” lawsuits against insurers to recover certain damages and expenses. Specifically, the new “bad faith” law—which goes into effect immediately—allows consumers to bring...