PIA Conducts Agent E-Survey on Hard Market

May 1, 2002

The Professional Insurance Agents of Connecticut, New Hampshire, New Jersey and New York has launched a survey on their collective Web sites, asking their members to evaluate the conditions of several sectors of the insurance market and send them to the PIA.

The survey, which takes very little time to complete, invites agents to rate the availability of markets for lines of insurance on a scale from one to five (one as highly competitive, five indicating that the line is impossible to place) in the following categories:
* general contractors
* artisan contractors
* small workers’ comp
* standard and nonstandard personal auto
* and commercial auto
* long-haul trucking
* commercial liability
* commercial umbrella
* large property
* coastal homeowners
* habitational
* restaurants
* taverns
* tenant-occupied dwellings

The survey can be found at www.piaonline.org, and appearing as a “pop up” item on the Web site.

“The survey is based on one PIANY performed this time last year, which had significant success, and which the association has cited in reports to the New York State Insurance Department and to other legislative and regulatory organizations looking to assess market conditions,” said the PIA’s announcement.

PIACT President James Pascarella CPCU, noted that “Though we are all aware the insurance industry is faced with a hard market, this survey will focus on agents’ experience–it reflects a very specific group and allows us to speak with authority on market issues specifically important to our members.”

Steven Reichman, CIC, PIANJ president, stressed that projects such as this rely on the support of very active and very busy association members. “The participation of our members is vital to the success of this project,” Reichman stated “Much has changed in the past year, and this survey will help us measure and address their needs.”

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