2019
AT ISSUE: NJDOBI and Businesses’ Use of Captives, Reinsurance
When Applied Underwriters filed a petition against the New Jersey Department of Banking and Insurance (NJDOBI) on March 5th, the company placed the ability for businesses in the state to choose captives for risk retention squarely on the table. At its core, the issue is about the limiting of choices available to New Jersey business […]
The Reasonable Accommodation Trap
Many employers mishandle workplace disability issues and, acting out of what they believe to be “common sense,” become victims of savvy employment lawyers who exploit the nuances of disability law. Here are common mistakes to avoid. Failure to recognize that an accommodation request was made. A best practice is to have a policy that requires […]
Thought Police (Oops, Medicare) For All
by Marilyn M. Singleton, M.D., J.D. The new Medicare for All bill (H.R. 1384) has come and hopefully will go the way of the pet rock. Everybody now knows the basics: the government will take care of all medical, dental, vision, pharmacy, and long-term care services with no out-of-pocket expenses. The bill prohibits parallel private […]
Connelly Elected President of PIACT
HARTFORD, Conn.—Mark R. Connelly, CIC, of Fairfield, Conn. (pictured right), was elected president of the Professional Insurance Agents of Connecticut, at the association’s Annual Convention, March 7-8, at Foxwoods Resort Casino in Mashantucket, Conn. Connelly is president and CEO of Fairfield County Bank Insurance Services LLC, in Ridgefield, Conn. An active member of PIACT, Connelly […]
Prast Elected President-Elect of PIACT
HARTFORD, Conn.—Gerard Prast, of Wallingford, Conn. was elected president-elect of the Professional Insurance Agents of Connecticut Inc., at the association’s Annual Convention, March 7-8, at Foxwoods Resort Casino in Mashantucket, Conn. Prast is vice president for XS Brokers, which has offices in Quincy and Worcester, Mass., West Hartford, Conn., Philadelphia and Orlando, Fl. An active […]
PIACT Names Officers for 2019-20
HARTFORD, Conn.—The Professional Insurance Agents of Connecticut Inc., elected officers today during the association’s Annual Business Meeting held at the Foxwoods Resort Casino in Mashantucket, Conn. Following are the new officers who will lead PIACT in 2019-20: President: Mark R. Connelly, CIC, of Fairfield, Conn. Connelly is president and CEO of Fairfield County Bank Insurance […]
PIACT Re-elects Six to Board of Directors
HARTFORD, Conn.—Six Connecticut independent insurance agents were re-elected to serve on the board of directors of the Professional Insurance Agents of Connecticut today at the association’s Annual Convention held at the Foxwoods Resort Casino in Mashantucket, Conn. The following individuals were re-elected to serve for a three-year term: Marissa Barbera, of Westport, Conn. Barbera is […]
PIACT Young Insurance Professionals Elect O&D’s
HARTFORD, Conn.—Officers of the Professional Insurance Agents of Connecticut Inc. Young Insurance Professionals were elected today during PIACT’s Annual Convention, at Foxwoods Resort Casino in Mashantucket, Conn. Kathleen Bailey, CPIA, ACSR, CLCS, of The Russell Agency, in Southport, Conn., will serve as president; Anthony DeSalva, of Georgetown Financial Group, in Georgetown, Conn., will serve as […]
Consider the Alternative: Why Alternative Investments Have a Place in Your Portfolio
By Aaron Hodari, CFP®, CIMA® Think about the characteristics that make a strong portfolio: diverse, cost-efficient, tax-efficient, risk-managed. These qualities should be true of every portfolio, no matter the size or an individual’s risk profile. The clients we meet with all want a portfolio that checks these boxes, but doing so is easier said than […]
