Gov. Kathy Hochul vetoed a potentially disruptive change to New York’s workers’ compensation laws. The bill would have changed the definition of temporary total disability in a way that would have increased workers’ compensation premium costs for businesses across the...
N.Y.: Understanding a legislative proposal to disrupt workers’ compensation
A bill passed late in the 2022 New York legislative session (S.768/A.1118) proposes a change to the definition of temporary total disability as used in workers’ compensation policies in New York state. This technical change would alter the consideration of temporary...
N.Y.: Amendment to dog breed law signed
New York Gov. Kathy Hochul signed A.9284-A on Dec. 16, 2022. It closes a loophole in the law by prohibiting insurers from excluding, limiting, restricting or reducing coverage on homeowners insurance policies based solely on insureds owning specific breeds of dogs....
PIANJ testifies; ‘step-down’ bill passes state Assembly Committee
Representatives of PIANJ gave testimony before the New Jersey state Assembly Financial Institutions and Insurance Committee on Monday in support of legislation (A-1761) that would prohibit the use of most "step-down" provisions in personal automobile insurance...
N.J.: Bill to require liability insurance for handguns passes state Assembly
A bill (A-4769) that would require any person in New Jersey who carries a handgun in public, to maintain liability insurance coverage passed the New Jersey state Assembly (43-29-1) earlier this month. According to the bill, the policy must provide coverage for loss...
N.Y.: Governor vetoes photo inspection legislation
In a stunning move, New York Gov. Kathy Hochul vetoed PIANY’s top-priority photo inspection legislation (A.6877/S.6028) yesterday. The legislation would have made New York’s outdated photo inspection requirements optional. The governor acted quickly on this bill. It...
N.J.: Bill to increase minimum PIP coverage introduced in state Senate
Legislation that would increase minimum personal injury protection coverage, was introduced in the state Senate on Oct. 31. This legislation (S-3266) is the latest in a long line of bills to address auto insurance coverage limits that have been introduced this...
N.J.: Cannabis safe harbor bill introduced in state Senate, federal hurdles still exist
PIANJ-supported legislation, S-3239, that would create a safe harbor for insurance producers and carriers who do business with cannabis-related business was introduced in the state Senate. What does the legislation do? This legislation, sponsored by Sen. Joseph...
N.J.: Introduced bill would require liability insurance for handguns
Legislation was introduced in the New Jersey Legislature this month that would require certain gunowners to carry liability insurance. The bill (A-4769/S-3214) would require any person in the state who carries a handgun in public to maintain liability insurance...
N.Y.: ‘Best interest’ amendments declared constitutional—end of the road for lawsuit
The New York State Court of Appeals ruled last week that amendments to Regulation 187, which created a suitability and best interest standard for the sale of life insurance and annuity products, were constitutional. This decision ends a legal battle that started in...