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
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 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
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
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
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
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...
NJYIP’s Holiday Social brings wintertime fun to New Jersey
Seasonal cheer was spread, ugly sweaters were worn, industry professionals were honored—the NJYIP Holiday Social was nothing short of a holly jolly success. This year, the social was held on Dec. 3, 2024, at The Horseshoe Tavern, in Morristown, N.J. Featured in the photo from left to right: NJYIP of the Year and Second NJYIP Vice President Walter Conroy of Liberty Insurance Associates; Cumberland Mutual Senior Marketing Executive Steve Fitzsimmons; and NJYIP President Tim Latimer of the JS Braddock Agency.
What PIA members need to know about the Corporate Transparency Act
The Corporate Transparency Act is officially here, with significant implications for businesses nationwide. This new law aims to enhance corporate accountability by requiring certain companies to report their beneficial ownership information to the Financial Crimes...
Anatomy of a claim: NFIP vs. private flood claim
As an insurance agent or broker, helping clients choose the right flood insurance is crucial—especially when they face the aftermath of a flood. Understanding the distinctions between the National Flood Insurance Program and private flood insurance is essential for...