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N.Y.: First-in-the-nation PPL policy takes effect

N.Y.: First-in-the-nation PPL policy takes effect

by Danielle Caswell, Esq. | Jan 10, 2025 | Featured, General News

On Jan. 1, 2025, New York became the first state in the country to offer paid time off for prenatal care or any medical care related to pregnancy. In her efforts to make New York one of the most worker friendly states in the nation, Gov. Kathy Hochul stayed true to...

A company-wide approach to cyber security preparedness and risk management

A company-wide approach to cyber security preparedness and risk management

by Katie Brenneman | Jan 10, 2025 | Agency Management, Consumer-focused, Featured

We’re long past the days when cybersecurity was just an IT issue. Now, it’s a company-wide imperative that requires everyone to be hypervigilant and proactive. With cyberattacks becoming more frequent and sophisticated, organizations must adopt a holistic approach to...

PIANY’s 2025 legislative priorities: Advocating for change in New York’s insurance landscape

PIANY’s 2025 legislative priorities: Advocating for change in New York’s insurance landscape

by Bradford J. Lachut, Esq. | Jan 8, 2025 | Advocacy, Featured

As we kick off 2025, PIANY has unveiled its legislative priorities for the year. These initiatives aim to modernize New York state’s insurance regulations, reduce administrative burdens, and promote fairness and transparency. Let’s take a closer look at the key areas...

Infrastructure series: Transportation spending and its impact on insurance

Infrastructure series: Transportation spending and its impact on insurance

by Bradford J. Lachut, Esq. | Jan 8, 2025 | Featured, General News

The passage of the Infrastructure Investment and Jobs Act in 2021 represents one of the most significant investments in U.S. infrastructure in decades. Allocating $1.2 trillion over 10 years, the act emphasizes modernizing transportation systems, repairing aging...

New York’s 2025 Paid Family Leave rates

New York’s 2025 Paid Family Leave rates

by Shirley Albright, CPIA, CISR | Jan 3, 2025 | Featured, Technical

The New York State Department of Financial Services has announced new Paid Family Leave premium rates for 2025. On Wednesday, Jan. 1, 2025, the maximum PFL contribution rate changed from 0.373% to 0.388% of an employee’s gross annualized wages. This translates to a...

Tesla model cars cited for being at high risk of fatal crashes: what is behind this?

Tesla model cars cited for being at high risk of fatal crashes: what is behind this?

by Matt McDonough | Dec 30, 2024 | Featured, General News

Tesla cars are becoming a more frequent sight on the road. In 2023, the company sold delivered 1.8 million Model 3/Y cars to its customers—while they aren’t the most dominant car brand, drivers see at least one or two of them during their morning commute. While these...

Roommates: Not just for college anymore

Roommates: Not just for college anymore

by Matt McDonough | Dec 26, 2024 | Consumer-focused, Featured

A 2018 Pew Research Center study cited that nearly 1-in-3 U.S. adults live with at least one adult roommate. Now that inflation and everyday costs are spiking, you may be in the market for a roommate to defray some of your expenses. Who doesn’t want to pay half of the...

Driving tips in frightful winter weather

Driving tips in frightful winter weather

by Matt McDonough | Dec 23, 2024 | Consumer-focused, Featured

It’s best to avoid driving in winter weather conditions if you can. Driving in the snow can mean decreased visibility, getting stuck or sliding—all things any driver would rather steer clear of. But, sometimes, we don’t have a choice. And, if you’re going to drive,...

Corporate Transparency Act: What agents need to know after recent court ruling

Corporate Transparency Act: What agents need to know after recent court ruling

by Shirley Albright, CPIA, CISR | Dec 19, 2024 | Featured, Technical

The Corporate Transparency Act became law on Jan. 1, 2021, and it officially took effect on Jan. 1, 2024. The legislation was introduced to enhance transparency in entity ownership structures to combat money laundering, tax fraud, and other illicit activities. It...

N.Y.: Hochul signs two PIA-priority bills into law 

N.Y.: Hochul signs two PIA-priority bills into law 

by Bradford J. Lachut, Esq. | Dec 16, 2024 | Advocacy, Featured

Only a few weeks after signing PIANY’s top legislative priority into law, Gov. Kathy Hochul has taken action on two other PIANY priority issues. The governor signed one bill to introduce parametric insurance into the state’s legal framework, and another bill to expand...

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