News
What the ‘Big Beautiful Bill’ means for PIA members
It’s been just over a month since President Donald Trump signed the One Big Beautiful Bill Act into law on July 4. For those in the insurance industry, this bill brought more than a few sparks to shake up the status quo. Some changes were positive, others were questionable, but there is enough room for PIA Northeast to get to work at crafting policies on the state level. This includes changes to the Qualified Business Income deduction, annual Administrative & Operating inflation adjustment for crop insurance agents and more.
New hurricane season report; Tropical Storm Erin forms
The Department of Atmospheric Science of Colorado State University has issued a new report for hurricane activity in the Atlantic basin. The report maintains its forecast for an above-normal 2025 Atlantic hurricane season, though it has a lower-than-normal confidence with this outlook. The report anticipates a slightly above average probability for major hurricanes making landfall along the continental United States and in the Caribbean for the remainder of the season. Early this week, Tropical Storm Erin formed in the Atlantic basin and may develop into a major hurricane as it approaches the Caribbean and Bahamas. PIA’s Hurricane Info Central tool kit offers PIA Northeast members one spot for all their hurricane-related resource needs. PIA members also can contact the PIA Industry Resource Center at resourcecenter@pia.org or use the Ask PIA button on the PIA home page to ask a specific question. PIA Northeast members can also access Top 10 insurance tips for hurricane season in the PIA QuickSource library.
Heatwave grips parts of the Northeast
The five states in PIA Northeast’s footprint were impacted by multiple days of extreme heat, pushing feel-like temperatures into the high 90s. This string of hot weather started on Sunday and was projected to end Wednesday. The states of Connecticut and New York issued their respective warnings regarding the extreme heat, encouraging residents to take proper precautions to keep themselves safe. Extreme heat can lead to heat-related illnesses such as heat stroke and heat exhaustion and can exacerbate a multitude of preexisting conditions. Do you have clients who have employees who work outside? Consider sending them: Warm-weather working: how to be safe.
Compliance
PIANY victory: DFS adopts uniform hurricane definition
The New York State Department of Financial Services has finalized a regulation establishing a standardized definition of “hurricane” for homeowners insurance policies statewide. This action directly implements legislation championed by PIANY and signed into law by Gov. Kathy Hochul late last year. The newly adopted regulation creates consistent standards for how and when hurricane deductibles can be applied. It takes effect on Feb. 2, 2026.
Advocacy
PIA releases its focus for Advocacy Day
PIA National has released its Issues of Focus ahead of the upcoming 2025 Advocacy Day, which is scheduled for Wednesday, Sept. 17, 2025. PIA members will highlight these issues during their meetings with their elected representatives on Advocacy Day. This includes the repeal or the reform of the Federal Insurance Office and the introduction of a bill to protect independent agents in the National Flood Insurance Program. PIA Northeast members interested in participating should contact govaffairs@pia.org or see the registration page here.
Technical
Navigating clients across the generational divide
The insurance industry is ever-changing, and that includes the players too. How you approach a client who is a part of the baby boomer generation who might prefer different modes of communication compared to someone from Generation X, Y or Z. Soon, Generation Alpha will join the workforce too, and they will have their own communication preferences. Can your agency tackle the unique needs of your multigenerational clients? To learn more, PIA Northeast members can read Embracing technology with the instant satisfaction generation in the QuickSource library.
Conn./N.H./Vt.: NCCI issues residual market Q2 report
The National Council on Compensation Insurance has released its Conn. Second-Quarter Residual Market State Activity Report, N.H. Second-Quarter Residual Market State Activity Report and Vermont Second-Quarter Residual Market State Activity Report. These include: charts illustrating the total number of policy counts and/or premium volume over the past four years for the same quarter each year; tables listing the top 10 classification codes by policy count and premium volume (these show which class codes have top ranking and the percent of policies and percent of premiums); and charts with loss ratio, ultimate net written premium, incurred losses and estimated net operating gain/loss information (these show premiums, gains and losses during a period).
N.H.: NCCI WC loss cost decrease approved
The New Hampshire Insurance Department approved the original workers’ compensation voluntary loss cost filing made by the NCCI, consisting of an overall 6.1% decrease. These loss costs will take effect Jan. 1, 2026. The assigned risk pool also will see a reduction of 5.4%.
Educating insurance agents
Take the first steps to earn your TRA certification
The Trusted Risk Advisor Certification Program is designed for agents and brokers who want to take their careers to the next level. To earn the certification, you must complete all four sessions of the TRA program in order. Agents who complete the TRA program are granted a lifetime certification. The first online course for the TRA Certification Program is Goodbye, Agent and Broker. Hello Trusted Risk Advisor. It is set to run from Sept. 15-26, 2025, with its final course, Creating a Differentiated Customer Experience Journey, running from Dec. 1-12, 2025. This course has been approved for 5 NYCE credits, applicable to BR, C1, C3, LA, LB, LSB, PA, PC licenses. It’s also approved for 5 GEN NJCE credits and for 5 GEN CTCE credits.
ICYMI
Market trends survey is now live: make your voice heard!
PIA Northeast needs your input for the Market Trends Survey. This short, eight-question market survey helps us understand what you’re really experiencing—and ensures your voice is heard where it matters most. This is your opportunity to help guide the association’s advocacy efforts, and inform the conversations association leadership has with lawmakers, regulators and other industry professionals—and by extension, the direction of our industry. Once you’re finished, please share the survey link with the rest of your agency team and encourage them to take it, as well.
Register now
Tuesday, Sept. 9, 2025: NY-YIP Albany Happy Hour
Thursday, Sept. 18, 2025: Autumn in the City: NY-YIP Fall Reception
Monday, Sept. 29, 2025: PIANJ Golf Classic
Thursday, Oct. 16, 2025: The CTYIP Spotlight Social | A Fall Reception
Wednesday, Oct. 29, 2025: A PIANJ WLA Panel: Pursuing (or Pushing) Positive Change
Tuesday, Dec. 2, 2025: NJYIP Holiday Reception
