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Chapter amendments added to NY HERO Act

Chapter amendments added to NY HERO Act

by Bradford J. Lachut, Esq. | Jun 17, 2021 | General News

When Gov. Andrew M. Cuomo signed the New York Health and Essential Rights Act—also known as the NY HERO Act—in May, he promised that there would be chapter amendments to ease the regulatory burden for many businesses. Earlier this week, Cuomo signed those chapter...

Life insurance: The case for outcomes over cost

Life insurance: The case for outcomes over cost

by Scott Fergusson | Jun 14, 2021 | Consumer-focused, General News

The life insurance industry has a dirty secret that most agents are aware of, but don’t want to talk about: The main factor for choosing one policy over another comes down to price. Most agents know that Carrier A’s coverage likely will be like Carrier B’s coverage,...

The value of an agent in a post pandemic world

The value of an agent in a post pandemic world

by Bill Martin | Jun 8, 2021 | Consumer-focused, General News

With summer sun and vaccine shots, we are heading for the great reawakening. Our customers have learned to work remotely, save money, avoid travel and find entertainment in those things closest to their homes and families. We were forced to avoid buying and...

N.J.: Murphy reopens state; offers guidance to offices, and lifts mandate for mask wearing

N.J.: Murphy reopens state; offers guidance to offices, and lifts mandate for mask wearing

by Clare Irvine, Esq. | May 26, 2021 | General News

Gov. Phil Murphy signed Executive Order No. 243 to expand efforts to reopen the state by further reducing mask requirements. Effective Friday, June 4, workplaces not open to the public will no longer need to require employees wear face masks or adhere to social...

NY HERO Act signed into law, chapter amendments imminent

NY HERO Act signed into law, chapter amendments imminent

by Bradford J. Lachut, Esq. | May 12, 2021 | General News

Gov. Andrew M. Cuomo announced last week that he signed the New York Health and Essential Rights Act—also known as the NY HERO Act. The new law directs the New York State Department of Labor and the New York State Department of Health to create an enforceable health...

What is the outlook for auto insurance premiums after the legalization of cannabis?

What is the outlook for auto insurance premiums after the legalization of cannabis?

by Alexandra Chouinard | May 5, 2021 | General News

Currently, there are 18 states (and Washington, D.C.) where recreational use of cannabis is legal and 37 states where medicinal use of cannabis is legal. New Jersey, New York and Vermont are among those states where recreational use of cannabis is legal, and...

A long time ago, in an insurance agency far, far away …

A long time ago, in an insurance agency far, far away …

by Bradford J. Lachut, Esq. | May 4, 2021 | General News

My name is Agens Makler of Makler & Daughters Insurance Agency—I am one of the daughters. My father started the agency in 3230 Lothal Year on the planet of Tatooine. And, anyone familiar with Tatooine knows that the planet has three things in abundance: sand,...

Did the owners of the RMS Titanic commit insurance fraud?

Did the owners of the RMS Titanic commit insurance fraud?

by Alexandra Chouinard | Apr 15, 2021 | General News

We know what really happened on this day in history: the R.M.S. Titanic—thought to be unsinkable—struck an iceberg on the night of April 14, 1912, and sank to the bottom of the Atlantic Ocean on April 15, 1912—109 years ago. But, have you heard the insurance-fraud...

NY HERO Act signed into law, chapter amendments imminent

Gov. Cuomo and N.Y. Legislature finalize FY 2022 budget

by Bradford J. Lachut, Esq. | Apr 13, 2021 | General News

Gov. Andrew M. Cuomo and the New York state Legislature announced last week that the state has finalized a $212 billion budget for FY 2022—almost two weeks after the deadline. The budget invests in almost every sector of the state. Notable provisions include $2.4...

The return of workers’ compensation self-insured trusts

The return of workers’ compensation self-insured trusts

by Clare Irvine, Esq. | Mar 31, 2021 | General News

Recently, PIANY members have asked the association questions about default judgments from group self-insured trusts. When asking their questions, they tend to state: I thought those were behind us. The current issue When the New York State Workers’ Compensation Board...

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