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N.Y.: Navigating the home stretch: New York state’s budget talks and the impact on insurance

N.Y.: Navigating the home stretch: New York state’s budget talks and the impact on insurance

by Theophilus Alexander | Mar 26, 2024 | Featured, General News

As the calendar turns its pages toward the end of March, New York state finds itself in the thick of its budget negotiation process, with the April Fools’ Day deadline looming just six days away. During this time, the New York state Legislature finds itself juggling...

N.Y.: PIA-priority New York City anti-arson bill passes the state Assembly

N.Y.: PIA-priority New York City anti-arson bill passes the state Assembly

by Theophilus Alexander | Mar 26, 2024 | Featured, General News

PIA-supported legislation (A.8831) that would repeal the outdated anti-arson application in New York City, was passed by the New York state Assembly (by a vote of 147-0) on March 25, 2024. The current anti-arson law In response to a surge in insurance fraud linked to...

Cyber series: Compliance for covered entities

Cyber series: Compliance for covered entities

by Bradford J. Lachut, Esq. | Mar 20, 2024 | Featured, Technical

Prior articles in the cyber series have concentrated on what it means to be a covered entity. This article discusses what covered entities must do to comply with New York’s cyber security regulation (23 NYCRR 500). Understanding covered entities Covered entities are...

PIANY-priority windstorm definition legislation passes state Assembly

PIANY-priority windstorm definition legislation passes state Assembly

by Bradford J. Lachut, Esq. | Mar 20, 2024 | Featured, General News

The New York state Legislature may be right in the middle of budget negotiations, but the Assembly took a break from the budget to pass one of PIANY’s top legislative priorities for the 2024 legislative session. The Assembly passed A.2866—which requires the New York...

Consumers distrust businesses to protect their data—agencies must tackle the issue

Consumers distrust businesses to protect their data—agencies must tackle the issue

by Tom Wetzel | Mar 18, 2024 | Education, Featured

Agents face opportunities and minefields in equal measure from the artificial intelligence revolution. No one questions that AI-powered tools can slash the time to perform many agency tasks, but hidden dangers and costs lie just beneath the surface. Two of the biggest...

Maximizing professional success: Beyond skills and experience

Maximizing professional success: Beyond skills and experience

by Katie Brenneman | Mar 14, 2024 | Agency Management, Featured

A degree and years of experience are great attributes when finding the dream job, but there’s more to the story. There are plenty of internal and external factors that can affect your career’s trajectory like confidence, soft skills, and a work-life balance. Let’s...

Client misrepresentations could leave you on the hook for insurance fraud

Client misrepresentations could leave you on the hook for insurance fraud

by Danielle Caswell, Esq. | Mar 11, 2024 | Featured, General News

Insurance agents are the middlemen—they act as intermediaries between insureds and insurers. With this positioning, there are times when agents are put into situations in which they are unsure of what side to take—especially when evidence of a misrepresentation has...

E&O assistance: PIANJ hosts session on personal-lines and small commercial-lines

E&O assistance: PIANJ hosts session on personal-lines and small commercial-lines

by Shirley Albright, CPIA, CISR | Mar 8, 2024 | Association, Featured

Earlier this week, PIANJ hosted another Deep Dive session: Selling/Servicing Personal Lines and Small Commercial Policies. Those who missed the session can view a recording of the program, which can be shared with colleagues. The discussion Moderated by PIANJ’s...

N.Y.: Gov. Hochul’s plan to deter retail theft

N.Y.: Gov. Hochul’s plan to deter retail theft

by Theophilus Alexander | Mar 5, 2024 | Featured, General News

The ongoing trend of organized retail theft is rippling across through the retail industry, contributing to store closures that have impacted communities far and wide. This upsurge in coordinated thefts, including smash-and-grab robberies and chronic shoplifting, is...

N.J.: Stay updated on pay-to-play changes

N.J.: Stay updated on pay-to-play changes

by Bradford J. Lachut, Esq. | Mar 1, 2024 | Education, Featured

There were sweeping changes for New Jersey’s campaign-finance and pay-to-play laws in 2023. Gov. Phil Murphy signed the New Jersey Elections Transparency Act, P.L. 2023, c. 30, into law on April 3, 2023, and later he signed Executive Order 333 into effect on June 15,...

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