Since 1989, New Yorkers in need of temporary disability leave, including individuals with pregnancy and childbirth-related conditions, have been limited to a maximum benefit amount of $170 per week. This figure—unadjusted for over three decades—has diminished in its...
PIACT hosts Q&A lunch session with CID Commissioner Andrews Mais
PIACT hosted an interactive question-and-answer session last week with Connecticut Insurance Department Commissioner Andrew Mais. The event, moderated by PIACT’s Director of Government & Industry Affairs, Bradford J. Lachut, Esq., delved into a range of critical...
N.Y.: Chapter amendments made to PIA-priority ‘bait-and-switch’ law
In 2023, PIANY fiercely advocated for passage of legislation that would increase consumer protections during the automobile insurance underwriting process. PIA was successful in its efforts when New York Gov. Kathy Hochul signed into law S.5764-B, which takes aim at...
Conn.: Court finds no duty to defend automobile crash injuries under home and umbrellas policies
Recently, the Court of Appeals of Connecticut affirmed a decision by a lower court, which granted a motion for summary judgment in favor of several insurance carriers. It confirmed that these carriers did not have a duty to defend and indemnify two policyholders under...
In review: New Jersey’s legislation session 2022-23
While PIANJ may have faced challenges in advancing the association’s top priority—a ban on the use of step-down provisions in personal auto policies—your association’s efforts during the 2022-23 session were not in vain. The organization has seen widespread success in...
PIANY’s MetroRAP returns to NYC with a bang
More than 350 insurance professionals attended PIANY’s Metropolitan Awareness Program—the first RAP of the year—on Feb. 1, 2024, at the Sheraton New York Times Square Hotel. During the daylong event, attendees were able to network, learn and discuss the issues...
Cyber series: Understanding the limited exemption for covered entities
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...
Strategies to scale your online business
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...
N.Y.: Have you met TED?
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...
Winter flood preparedness: Navigate rising waters with confidence
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...