Advocacy - PIA Northeast News

PIACT testifies on bill that would ease E&S requirements

by Bradford J. Lachut, Esq. | Feb 27, 2025 | Advocacy, Featured

PIACT members and staff testified before the Connecticut General Assembly’s Insurance and Real Estate Committee in strong support of H.B.6981 on Feb. 27, 2025. This legislation would remove the due-diligence requirement for placing risks in the nonadmitted insurance market when done through an unaffiliated surplus-lines broker. PIACT was represented by Treasurer Kathleen Bailey, CPIA, ACSR, CLCS; past President James Berliner, CPCU; Member Raymond Chase, CLCS; and PIACT Director of Government & Industry Affairs Bradford J. Lachut, Esq. (pictured above.)

N.Y.: E&S reform could streamline commercial insurance in the state

by Bradford J. Lachut, Esq. | Feb 26, 2025 | Advocacy, Featured

For insurance brokers in New York state, placing coverage in the excess-line market has long come with extra paperwork, delays and regulatory hurdles. Supported by PIANY, the bill S.5310 would eliminate an outdated requirement that no longer serves brokers or their...

PIANY advocates for fairness and flexibility in WC system

by Bradford J. Lachut, Esq. | Feb 26, 2025 | Advocacy

PIANY is championing two key legislative initiatives—Bills S.5320 and S.5327, which would improve the way businesses and brokers interact with the New York State Insurance Fund. These bills would ensure fair compensation for insurance brokers and eliminate unnecessary...

N.Y. bill: Real-time auto insurance verification at the DMV

by Bradford J. Lachut, Esq. | Feb 20, 2025 | Advocacy, Featured

A newly introduced bill in the New York state Assembly would modernize how auto insurance coverage is verified, replacing the current system with a real-time online verification process. The bill, A.4404, introduced by Assemblymember David Weprin, D-24, would prevent...

New Jersey’s Car Insurance Reduction Act aims to lower rates and increase transparency

by Bradford J. Lachut, Esq. | Feb 19, 2025 | Advocacy

With auto insurance rates on the raise, New Jersey state lawmakers are acting to reform auto insurance with the introduction of A-5254, also known as the Car Insurance Reduction Act. Sponsored by Assemblywoman Heather Simmons, D-3, this legislation would impose...

N.Y.: Two bills could impact HR policies and procedures

by Danielle Caswell, Esq. | Feb 19, 2025 | Advocacy, Featured

Recently, the New York state Legislature began its 2025 session, and with it came two newly introduced bills—A.892 and A.3529—which, if passed, would bring notable changes to employment policies across the state. These bills would expand employee benefits, including...

PIANY pushes to protect consumers from predatory litigation financing, bill reported out of Senate committee

by Danielle Caswell, Esq. | Feb 14, 2025 | Advocacy

As the New York state Legislature convenes for its new session, new bills and regulatory proposals are being introduced, and PIANY is carefully assessing their potential impact on the insurance industry to shape its advocacy priorities for the year ahead. In doing so,...

Connecticut’s evolving insurance landscape: Key bills to watch and advocate for in 2025

by Bradford J. Lachut, Esq. | Feb 14, 2025 | Advocacy, Featured

It is fair to say that the 2024 legislative session did not go as planned for the Connecticut Insurance and Real Estate Committee. As previously reported—due to a short legislative session and political in-fighting—the committee failed to report out any legislation in...

Proposed N.Y. bill would require fire insurance related to e-bike batteries

by Bradford J. Lachut, Esq. | Feb 14, 2025 | Advocacy, Featured

A new bill introduced in the New York state Assembly—A.4865—would, if passed, mandate fire insurance coverage for any building in which electric-assisted bicycles—e-bikes—are repaired, sold, rented or stored for these purposes. What the bill proposes If passed, A.4865...

Connecticut’s proposed flood disclosure law: What insurance producers need to know

by Bradford J. Lachut, Esq. | Feb 12, 2025 | Advocacy, Featured, General News

To increase transparency around flood risk and encourage climate resilience, Connecticut lawmakers have introduced S.B.1245—An Act Establishing a Resilient Connecticut Strategy. If passed, this bill would bring significant changes to how flood insurance is disclosed...

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