One of the biggest areas for recent innovation in automobile design is advanced safety features. Features like lane and obstacle sensing radar, collision warning, and heads up displays are increasingly becoming standard equipment on new cars. The technology that comes...
Wildfire and business interruption coverage
For decades, wildfires have been synonymous with California, as the Golden State has experienced some of the most devastating wildfires in our nation’s history. However, in recent years, wildfires have extended past California and now threaten other regions within the...
Wedding season is the perfect time to chat with your clients about their insurance coverage
Summer is officially here, which means wedding season for many individuals across the country. But with the average couple spending about $30,000 on their special day, insurance professionals can help to offer peace of mind to their clients by discussing the security insurance provides if something goes wrong. Special event coverage, otherwise known as wedding […]
Demand for cyberinsurance skyrocketing
As the world becomes accustomed to a sharp increase in major cyberattacks and data breaches, cyber insurance is becoming more popular. Cyberinsurance can protect a business if it is held liable for losses suffered if hackers steal customers’ sensitive data. You can...
PIANY-priority windstorm definition bill passes Assembly
The New York Legislature certainly has been active on PIANY priority-issues. PIANY’s top priority photo inspection bill passed the Legislature late last month. This week, another PIANY priority passed the state Assembly, which deals specifically with windstorm...
Managing risks with cyber liability policies
On Sept. 8, 2022, Suffolk County, New York, learned a professional hacking group known as BlackCat had gained unauthorized access to over 20 agencies with the county. Everybody from the police forces, to social services, to emergency dispatchers were forced to figure...
As hurricane season approaches: The factors that could drive the North Atlantic’s risk
[EDITOR’S NOTE: This article originally appeared in the September 2022 issue of PIA Magazine. As we prepare for the 2023 hurricane season—which Colorado State University’s Department of Atmospheric Science has been predicted to be ‘slightly below-average’—it stands as...
Agent resources available to assist customers in anticipation of severe winter storms
A massive winter storm bringing a mix of heavy snow, rain, and high winds is set to lash across the northern U.S.—putting more than 60 million people across 28 states under winter weather alerts for Tuesday. As PIA members and their customers face extreme weather...
Real-life data breaches, experienced by real-life PIA member agents
Small businesses—which can include PIA members—are tempting targets for cyber crooks. They are just as vulnerable to data breaches as big companies, but they have fewer defenses. Members who have walked clients through the cyber claim process or who have been hacked...
Coastal insurance market update–2023
We have all seen on the news the of the intense hurricanes hitting Florida, the big Texas freeze in February of 2021 and most recently “island towns” forming in California due to runoff from the large amount of rain. The claims resulting from catastrophes are known as...