June 26
NYIA’s “Annual” Brings Leaders to Buffalo
Cyber Risk, Insurance Fraud, and Honors Mark Annual Gathering The City of Good Neighbors, better known as Buffalo, was the perfect backdrop for the New York Insurance Association (NYIA) Annual Conference—People. Purpose. Passion. Buffalo is a dynamic city that has experienced a bit of a renaissance with a bustling downtown and vibrant waterfront area. In […]
Complexities Bespeak Confusion
Just came across a list of new communications jobs out in the marketplace (no, I am not seeking employment—I am already married!). The list gave me pause, as it reflects the growth of uber specialization and redefinition that is going on before our very eyes. Yet, I am quite sure that these are new wrappers […]
Millennials: Plan For Retirement Now or Pay The Price Later
Millennials are a stressed out generation. A study by the American Psychological Association reported that the group of Americans in their early 20s to late 30s came in at a 5.4 stress level on a scale of 1-10, higher than the American average of 4.9. Among the things keeping them up at night are predictions […]
Educational Programming on Autonomous Vehicles
MALVERN, Pa.—The Institutes Griffith Insurance Education Foundation is collaborating with The Council of State Governments, or CSG, to provide policymakers with non-advocative, nonpartisan educational programming that examines insurance issues surrounding autonomous vehicles, including the potential shift in liability from drivers to auto and tech companies, which is just one of the issues that policymakers may […]
The Knowledge Center
MALVERN, Pa.— The Institutes CPCU Society, a community of credentialed property-casualty insurance professionals who promote excellence through ethical behavior and continuing education, has announced its newest member benefit, The Institutes CPCU Society Knowledge Center. The Knowledge Center, which officially launched in late 2016, offers CPCU Society members convenient, online access to carefully curated and cutting-edge […]
Commercial Insurance Prices “Nearly Flat”
ARLINGTON, VA—Commercial insurance prices in the U.S. were nearly flat during the first quarter of 2017, according to leading global advisory, broking and solutions company Willis Towers Watson’s (NASDAQ: WLTW) most recent Commercial Lines Insurance Pricing Survey (CLIPS). The survey compared prices charged on policies written during the first quarter of 2017 to those charged […]
Selling Insurance
Selling insurance. It’s what we do every day, right? For some agencies, yes—for others it seems like taking out the trash and selling insurance are at about the same level. Why do so many agencies put sales to the back burner? In our experience, there are several reasons why sales may be second to everything […]
2017 PIANJ/PIANY Annual Conference—A Wave of Success
Thousands of agents and insurance industry professionals convened for three days of fun, networking, and business on the Jersey Shore at the PIANJ/PIANY Annual Conference at Harrah’s Casino Resort in Atlantic City, N.J., June 11-13. The wildly successful event was the place to network and be seen at exciting and fun parties each night; a […]
PIA in Action
Several years ago at a PIA board meeting, we began to discuss an issue brought to us by a member through PIANY’s bi-annual Advisory Councils. Basically, when the New York State Department of Financial Services and Insurance transitioned its licensing requirements to an agent’s birthdate in 2012, the regulation had unintended consequences: While an agent’s […]
