In the commercial rehabilitation services sector, effective risk management is essential to protect businesses from liability, financial losses and operational disruptions. Independent property/casualty insurance agents play a critical role to identify exposures and...
A client asked me, “Did I wait too long to sell?” Since the number of deals has generally been in decline since mid-2022, some agency owners may wonder if they missed the boat. They haven’t. In the second quarter of 2022, there were 1,206 deals announced for the prior...
Insurance fraud costs billions of dollars each year, driving up insurance premiums and straining industry resources. From staged accidents to false claims, these schemes harm insurance producers and honest policyholders. Technology is changing the game by enabling...
The start of New York state’s legislative session comes with its fair share of traditions and responsibilities. From the swearing-in of new assemblymembers and senators to the unveiling of committee rosters, these rituals set the stage for the year ahead. Last week,...
We’re long past the days when cybersecurity was just an IT issue. Now, it’s a company-wide imperative that requires everyone to be hypervigilant and proactive. With cyberattacks becoming more frequent and sophisticated, organizations must adopt a holistic approach to...
It’s best to avoid driving in winter weather conditions if you can. Driving in the snow can mean decreased visibility, getting stuck or sliding—all things any driver would rather steer clear of. But, sometimes, we don’t have a choice. And, if you’re going to drive,...
If you have clients who are making getaway plans this holiday season, it’s important that they adopt these safety measures to protect their house while they are away on vacation. Share this list of actions they should take before they leave: Phone a friend. Ask some...
Before a natural disaster hits your community, it’s generally agreed that the best possible thing you can do is evacuate. However, as in the case of the recent Hurricanes Helene and Milton, we hear stories about people staying behind to weather the storm. Usually, the...
Recently, representatives of PIACT met with Connecticut Insurance Department Commissioner Andrew N. Mais and several high-level CID staff members to address challenges and potential solutions to increase flood insurance adoption across the state. The CID invited PIACT...
Artificial intelligence and automation have made headline news in recent years. The meteoric rise of generative AI for content creation has some folks worried about the proliferation of fake news, while others have hailed the inception of large language models as the...
