The New York state Assembly passed A.6652-B, legislation that would allow insurance producers to carry forward up to five excess continuing-education credits into their next licensing cycle, on Feb. 26, 2026. The bill is a top...
News
What Connecticut employers need to know about 2026 retirement plan law changes
As Connecticut continues to implement its retirement security framework, significant legal changes taking effect in 2026 will impact employers throughout the state—especially those that do not already offer qualified retirement plans. ...
PIACT supports transparency in premium billing notices legislation
PIACT has formally expressed its support for H.B.5373–An Act Concerning Premium Billing Notices for Personal Risk Insurance Policies. At a recent public hearing held by the Connecticut Insurance and Real Estate Committee, PIACT submitted testimony in support of the...
N.Y.: TED Part DD: Rewarding real risk reduction—without distorting the market
In our ongoing series examining the insurance-related proposals in Gov. Kathy Hochul’s TED budget, we’ve looked at how Part BB would strengthen premium transparency, and how other provisions could affect market stability. Now we turn to Part DD—an...
N.Y.: Bills would introduce insurance transparency and rate reform
Two bills introduced by Sen. James Skoufis, D-42, are drawing attention in Albany and across New York state’s property/casualty insurance marketplace. While both focus on transparency and accountability, they...
Do it right, avoid disaster: Tips to adopt AI for small business
Implementing AI in a small business can feel like a Gold Rush—exciting, but full of hidden pitfalls. We should look at AI implementation/use through two lenses: enablement (how to do it right), and protection (how to avoid disaster). It is also important to understand...
Don’t wait for the storm: Common claim pitfalls agents can avoid
In many markets, winter storms remain a leading driver for seasonal auto claims tied to snow and ice, even though many of these incidents are preventable with proper preparation and awareness. The risk is significant: According to the National Weather Service, there...
Weekly Dispatch: Feb. 26, 2026
Major blizzard hits Northeast and brings region to standstill. NAIC announces its strategic positions for 2026 in support of state-based insurance system. New Hampshire suspends its vehicle inspection program—what happens now for agents and consumers? In New York’s TED budget, Part CC has negative implications for state’s personal line segments. Also, PIANY priority fraud bill introduced. Plus, you can read about state-specific industry news, compliance, advocacy, technical resources, education opportunities, upcoming events and information you may have missed in this issue of the Weekly Dispatch.
N.Y.: FRAUD Act would target staged accidents, protect honest policyholders
Insurance fraud is not a victimless crime. It drives premiums, strains underwriting capacity, and ultimately makes New York state less affordable for families, businesses and communities. A new proposal in Albany,...
N.Y.: TED Part CC: Protecting market stability—why it misses the mark
In PIANY’s recent overview of Gov. Kathy Hochul’s Transportation, Economic Development and Environmental Conservation budget proposals, we outlined several insurance-related measures that could affect the personal lines marketplace in New York state significantly....