Building on our previous exploration of “covered entities” under New York’s cyber security regulation (23 NYCRR 500), this article delves into another critical aspect: the limited exemption for covered entities. The limited exemption underwent significant changes...
Online businesses come in all shapes and sizes. Sellers of handmade jewelry, software subscriptions, insurance policies or anything else, all have the same goal—to turn a profit. Even if a business exists as an extension of a passionate hobby, it’s still advantageous...
As New York ushers in a new year, it’s not just resolutions that are changing. The insurance landscape is set for a transformative shift. Gov. Kathy Hochul released her executive budget earlier this month. Through the budget, we can get a peek of what the governor has...
As winter unfolds, it brings not just fridged temperatures but also the increased risk of flooding. While snowflakes and ice may paint a serene picture, they can quickly transform into a formidable force when temperatures rise, leading to winter floods. This article...
In a move to enhance workplace fairness, the New Jersey state General Assembly passed A-5166 on Dec. 21, 2023. Sponsored by Assemblymembers Annette Quijano, D-20; Verlina Reynolds-Jackson, D-15; Craig J. Coughlin, D-19; Paul D. Moriarty, D-4; and co-sponsored by...
In a victory for black car and gig drivers, the U.S. Second Circuit Court of Appeals unanimously ruled 3-0 that the New York Black Car Operators' Injury Compensation Fund has the statutory authority to impose a 2.5% surcharge on noncash tips. This ruling was made on...
As winter tightens its grip on the Northeast, recent storms have blanketed the region in snow and ice, creating hazardous driving conditions. With plummeting temperatures and slippery roads, it’s crucial for drivers to prioritize safe driving practices. In the United...
In the rapidly evolving digital landscape, cybersecurity is more crucial than ever. This is particularly true in New York, where the state's cyber security regulation, 23 NYCRR 500, plays a pivotal role. In part two of the PIA’s cyber series, let's delve into a key...
Have you heard of “Nuclear Verdicts®”? No, it’s not a new military stratagem involving ballistic missiles, but they are about as devastating as one. Nuclear verdicts are rulings against companies with payouts in the millions. Over the past 10 years, two-thirds of...
The New York Department of Financial Services cyber security regulation—known as 23 NYCRR 500 by nerds like me—first went into effect on March 1, 2017. This regulation was the first in the nation to regulate the cyber security practices of the financial services...