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PIACT Legislative Reception brings agents and lawmakers together in Hartford

PIACT Legislative Reception brings agents and lawmakers together in Hartford

by Bradford J. Lachut, Esq. | Mar 17, 2025 | Advocacy, Featured

The PIACT held its annual Legislative Reception on March 13, 2025, at the Legislative Office Building in Hartford, Conn. [CAPTION: (L-R) Rep. Kerry Wood, D-29, co-chairperson of the Insurance & Real Estate Committee, and Kelly Bettuchi, director of government affairs for The Connecticut Group LLC.]

N.Y.: New flood insurance law limits requirements for homeowners and lenders

N.Y.: New flood insurance law limits requirements for homeowners and lenders

by Bradford J. Lachut, Esq. | Mar 13, 2025 | Advocacy, Featured

New York Gov. Kathy Hochul signed a chapter amendment—A.2056—into law last month, which further limits how much flood insurance mortgage lenders can require. This new law amends legislation passed last session that prevented lenders from demanding flood insurance that...

PIANY supports bill to allow DFS to hire consultants for faster insurance filings

PIANY supports bill to allow DFS to hire consultants for faster insurance filings

by Bradford J. Lachut, Esq. | Mar 13, 2025 | Advocacy

PIANY is backing a new legislative proposal that would allow the Department of Financial Services to hire consultants to assist in reviewing insurance rate and form filings. The bill, S.5321, sponsored by Sen. Jamaal Bailey, D-36, would streamline the approval process...

Top legislative priority advances out of committee—would ease E&S insurance requirements in Connecticut

Top legislative priority advances out of committee—would ease E&S insurance requirements in Connecticut

by Bradford J. Lachut, Esq. | Mar 12, 2025 | Advocacy

The effort to modernize Connecticut’s excess-and-surplus lines insurance process has taken a major step forward. The Joint Committee on Insurance and Real Estate has officially released, H.B.6981, with PIACT’s proposed changes fully incorporated—a crucial win for...

N.Y. bill would create captive insurance program for commuter vans

N.Y. bill would create captive insurance program for commuter vans

by Bradford J. Lachut, Esq. | Mar 11, 2025 | Advocacy, Featured

A new bill, S.6084, was introduced in the New York state Senate, and it would create a captive insurance program specifically for commuter vans—also known as Dollar Vans. If passed, this law would make it easier for commuter van operators to obtain affordable and...

N.J.: Key bills PIANJ is following this session

N.J.: Key bills PIANJ is following this session

by Bradford J. Lachut, Esq. | Mar 11, 2025 | Advocacy, Featured

The 2024-25 legislative session in New Jersey is past its midpoint, and PIANJ is tracking numerous bills that could impact the insurance industry significantly. From motor vehicle liability to home improvement contracts and personal injury protection, these proposed...

N.Y.: Bill targets anticoncurrent causation clauses in homeowners insurance

N.Y.: Bill targets anticoncurrent causation clauses in homeowners insurance

by Bradford J. Lachut, Esq. | Mar 11, 2025 | Advocacy, Featured

New York state lawmakers are taking aim at a controversial insurance policy provision that has left many homeowners frustrated after disasters. A new bill, S.6205, introduced by Sen. James Skoufis, D-42, would limit the use of anticoncurrent causation clauses in...

PIANY supports bill to carry over CE credits

PIANY supports bill to carry over CE credits

by Bradford J. Lachut, Esq. | Mar 10, 2025 | Advocacy, Education

New York state insurance agents and brokers may soon have a more flexible and practical way to meet their continuing-education requirements, thanks to a new bill introduced in the state Legislature. Senate bill S.6122 and Assembly bill A.6652, sponsored by Sen. Jamaal...

PIANY’s priority anti-arson bill advances in state Assembly

PIANY’s priority anti-arson bill advances in state Assembly

by Bradford J. Lachut, Esq. | Mar 5, 2025 | Advocacy, Featured

Recently, PIANY achieved a significant legislative victory with the passage of A.112 in the New York state Assembly on March 3, 2025. This marks a major step toward repealing the outdated anti-arson application requirement in New York City. This long-standing...

N.J.: Bill to limit NDAs in employment contracts reported out of Senate committee

N.J.: Bill to limit NDAs in employment contracts reported out of Senate committee

by Bradford J. Lachut, Esq. | Mar 5, 2025 | Advocacy, Featured, General News

A bill that was reported out of the Senate Labor Committee in New Jersey, S-1688, would, if passed, further restrict the use of nondisclosure and nondisparagement agreements in employment contracts—particularly in cases involving discrimination, retaliation or...

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