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N.Y.: Expanding C-MAP—A legislative step forward for Hudson River properties

N.Y.: Expanding C-MAP—A legislative step forward for Hudson River properties

by Bradford J. Lachut, Esq. | Feb 10, 2025 | Advocacy, Featured, General News

The start of New York state’s legislative session is traditionally a time when lawmakers revisit bills that didn’t cross the finish line the previous year. It’s also when they refine previously passed laws through a process called chapter amendments. This process is...

The Greater Los Angeles fires and their impacts

The Greater Los Angeles fires and their impacts

by Matt McDonough | Feb 5, 2025 | Featured, General News

Fires in the Greater Los Angeles area have been burning for nearly a month, and they have cost the state billions in damages. A variety of factors triggered what may be the costliest natural disaster in United States history. Setting the stage Climate change has...

Redefining helmet safety for New Jersey

Redefining helmet safety for New Jersey

by Bradford J. Lachut, Esq. | Feb 4, 2025 | Advocacy, Featured, General News

New Jersey may be on the brink of a significant update to its helmet laws with A-4887, introduced by Assemblymembers Reginald W. Atkins, D-20; Linda S. Carter, D-22; and Shanique Speight, D-29. The bill has been referred to the Assembly Transportation and Independent...

N.Y.: Addressing insurance costs, disaster preparedness: A look at Hochul’s initiatives

N.Y.: Addressing insurance costs, disaster preparedness: A look at Hochul’s initiatives

by Bradford J. Lachut, Esq. | Jan 23, 2025 | General News

The start of New York state’s legislative session comes with its fair share of traditions and responsibilities. From the swearing-in of new assemblymembers and senators to the unveiling of committee rosters, these rituals set the stage for the year ahead. Last week,...

Conn: Bill would ban credit history as an underwriting factor for homeowners insurance

Conn: Bill would ban credit history as an underwriting factor for homeowners insurance

by Danielle Caswell, Esq. | Jan 22, 2025 | Advocacy, Featured, General News

To enhance consumer protections and promote fairness, a new bill has been introduced in Connecticut that would impact what factors insurers can use in underwriting. If passed, this legislation would amend Title 38a of the general statutes and would prohibit insurers...

N.Y.: First-in-the-nation PPL policy takes effect

N.Y.: First-in-the-nation PPL policy takes effect

by Danielle Caswell, Esq. | Jan 10, 2025 | Featured, General News

On Jan. 1, 2025, New York became the first state in the country to offer paid time off for prenatal care or any medical care related to pregnancy. In her efforts to make New York one of the most worker friendly states in the nation, Gov. Kathy Hochul stayed true to...

Infrastructure series: Transportation spending and its impact on insurance

Infrastructure series: Transportation spending and its impact on insurance

by Bradford J. Lachut, Esq. | Jan 8, 2025 | Featured, General News

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...

Tesla model cars cited for being at high risk of fatal crashes: what is behind this?

Tesla model cars cited for being at high risk of fatal crashes: what is behind this?

by Matt McDonough | Dec 30, 2024 | Featured, General News

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...

The insurance gaps of e-bikes and e-scooters

The insurance gaps of e-bikes and e-scooters

by Theophilus Alexander | Dec 11, 2024 | General News

In recent years, e-bikes and e-scooters—or micromobility vehicles—have taken off across the United States, offering a greener, cheaper and more convenient way to get around, especially in crowded cities and sprawling rural areas. Whether it’s commuters, leisure riders...

Vertical specialization, niche markets accelerate growth

Vertical specialization, niche markets accelerate growth

by Brian Refici | Dec 6, 2024 | General News

Vertical specialization—where insurance producers focus on specific industry sectors, niches or lines of business—is quickly gaining ground as an approach for accelerating growth. It has proven to enhance client retention, build efficiency and foster...

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