The New York State Department of Financial Services has announced new Paid Family Leave premium rates for 2025. On Wednesday, Jan. 1, 2025, the maximum PFL contribution rate changed from 0.373% to 0.388% of an employee’s gross annualized wages. This translates to a...
PIA wishes you a happy new year—have you had a chance to catch up on last year’s consumer content? National Flood Insurance Program is now funded until March 2025. States call for abolishment of Federal Insurance Office: New Hampshire leads the charge. New York signs legislation combatting climate change and protecting digital safety. Vermont names new acting commissioner of the Department of Financial regulation. Plus, you can read about state-specific industry news, advocacy updates, technical resources, education opportunities, upcoming events and information you may have missed in this issue of the Weekly Dispatch.
Tesla cars are becoming a more frequent sight on the road. In 2023, the company sold delivered 1.8 million Model 3/Y cars to its customers—while they aren’t the most dominant car brand, drivers see at least one or two of them during their morning commute. While these...
A 2018 Pew Research Center study cited that nearly 1-in-3 U.S. adults live with at least one adult roommate. Now that inflation and everyday costs are spiking, you may be in the market for a roommate to defray some of your expenses. Who doesn’t want to pay half of the...
It’s best to avoid driving in winter weather conditions if you can. Driving in the snow can mean decreased visibility, getting stuck or sliding—all things any driver would rather steer clear of. But, sometimes, we don’t have a choice. And, if you’re going to drive,...
PIA Northeast wishes you a very happy holiday season. Reuters: domestic and international carriers are interested in doing business in catastrophe prone states. The Connecticut Insurance Department holds its first public information session. The New Jersey Compensation Insurance Rating Bureau announces its relocation. Two more PIANY top-priority bills have been signed into law. Plus, you can read about state-specific industry news, advocacy updates, technical resources, education opportunities upcoming events and information you may have missed in this issue of the Weekly Dispatch.
The Corporate Transparency Act became law on Jan. 1, 2021, and it officially took effect on Jan. 1, 2024. The legislation was introduced to enhance transparency in entity ownership structures to combat money laundering, tax fraud, and other illicit activities. It...
In a recent meeting with PIANJ leadership, Brian Lytwynec, president and chief executive officer; and Jon Zabek, executive vice president membership growth and chief data scientist from Franklin Mutual Insurance Group provided valuable insights into the carrier’s plans for the future. Featured in the photo from left to right: Brian Lytwynec, president and chief executive officer of Franklin Mutual Insurance Group; and Jon Zabek, executive vice president membership growth and chief data scientist of Franklin Mutual Insurance Group.
If you have clients who are making getaway plans this holiday season, it’s important that they adopt these safety measures to protect their house while they are away on vacation. Share this list of actions they should take before they leave: Phone a friend. Ask some...
Only a few weeks after signing PIANY’s top legislative priority into law, Gov. Kathy Hochul has taken action on two other PIANY priority issues. The governor signed one bill to introduce parametric insurance into the state’s legal framework, and another bill to expand...