Blog
On Tuesday, PIA board members traveled to the Wisconsin State Capitol to present the annual Legislative Excellence Award. The Professional Insurance Agents of Wisconsin’s Legislative Excellence Award is given annually to a member of each house who demonstrates support for PIA priority issues and leads efforts to keep Wisconsin a flourishing place for independent agents…
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Beginning in 2023, agencies licensed by OCI and domiciled in Wisconsin must annually certify by March 1st that they are following the information security program requirements of Wisconsin Act 73. Does My Agency Need to Complete the Certification? Most PIA Member agencies are exempt from the requirement to develop a comprehensive written information security program.…
Read MoreBy: Pete Hanson We’ve all completed our January 1 renewals and set our goals for the coming year. Still, it’s the beginning of a new year and we’re thinking about what we can do to improve in 2024. What if I told you there is a simple step you can take that can improve results…
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On January 2nd, 2024, the Liquidation Order for 1st Auto was entered by the Dane County Circuit Court. The vast majority of policies have been moved to another insurer, but there is still a small percentage that remain. Those remaining 1st Auto insureds need to find replacement coverage, as their 1st Auto policy will terminate…
Read MoreBrought to you by: Improper handling of certificates of insurance (COIs) can often lead to E&O litigation. In fact, 6%-8% of E&O claims each year deal with COIs. What can you do? Establish set written procedures to ensure the proper handling and execution of certificates. KEY ISSUES AND COMMON QUESTIONS INCLUDE: Is it OK to…
Read MoreBrought to you by: Federal Pacific Electric (FPE) breaker panels were commonly used from the 1950s to the 1980s and were installed in both residential and commercial buildings. They are now considered by many to be a latent fire risk and generally will not pass inspection. FPE lost a class-action lawsuit in New…
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