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N.J. legislative roundup: The latest from Trenton

N.J. legislative roundup: The latest from Trenton

by Theophilus Alexander | Oct 30, 2024 | Featured, General News

The latest legislative moves in New Jersey include new bills that would boost outdoor dining, would make driving schools more flexible, and would protect property owners. Additionally, in the past few weeks, New Jersey has rolled out a lineup of bills that would...

Buyer beware: The haunting Ackley Manor case

Buyer beware: The haunting Ackley Manor case

by Bradford J. Lachut, Esq. | Oct 28, 2024 | Featured, General News

The Halloween season is well underway. It’s a time for spine-chilling tales and eerie encounters with the supernatural. When I am looking to scratch my supernatural itch, I don’t reach for Frankenstein or Dracula—I reach for my good old copy of the Appellate Division...

Join PIANJ’s E&O and hard market panel

Join PIANJ’s E&O and hard market panel

by Bradford J. Lachut, Esq. | Oct 23, 2024 | Featured, General News

In today’s challenging insurance landscape, managing errors-and-omissions risk is crucial. The hard market has brought with it unprecedented operational challenges—from staffing shortages, to shifting carrier appetites—and insurance agents must adapt quickly to avoid...

Upcoming compliance deadlines for N.Y. cyber security regulation: MFA, annual training

Upcoming compliance deadlines for N.Y. cyber security regulation: MFA, annual training

by Danielle Caswell, Esq. | Oct 23, 2024 | Featured, General News

PIA Northeast published a seven-part series earlier this year that dove into the intricacies of the amended cyber security legislation in New York state. One article discussed the expansion of the entities that fall under the limited exemption for covered entities. As...

Spooky insurance, part II: Are extraterrestrials among us?

Spooky insurance, part II: Are extraterrestrials among us?

by Jeana Coleman | Oct 22, 2024 | General News

I have the perfect remedy for insomnia. When I can’t sleep, I reach for my smartphone and earbuds and start playing a random episode of History Channel’s Ancient Aliens. Ten minutes into a monotonous analysis of alleged alien spacecrafts depicted in ancient stone...

Infrastructure series: Why broadband internet access matters more than ever

Infrastructure series: Why broadband internet access matters more than ever

by Theophilus Alexander | Oct 21, 2024 | Featured, General News

As the internet becomes increasingly essential to daily life, disparities in internet quality across the country have revealed significant gaps. Many Americans in rural or underserved areas struggle with slow, unreliable or cost-prohibitive connections, while...

Understanding DFS guidance on cyber security risks from AI for insurance agents

Understanding DFS guidance on cyber security risks from AI for insurance agents

by Bradford J. Lachut, Esq. | Oct 16, 2024 | Featured, General News

As of Oct. 16, 2024, the New York State Department of Financial Services issued new guidance for the entities it regulates—specifically addressing cyber security risks arising from artificial intelligence. This guidance is especially relevant for insurance agents and...

N.J.: New bill would protect drivers from rate hikes for not-at-fault accidents   

N.J.: New bill would protect drivers from rate hikes for not-at-fault accidents   

by Bradford J. Lachut, Esq. | Oct 11, 2024 | Advocacy, General News

Drivers in New Jersey may soon have greater protection against insurance rate hikes for accidents for which they are not at-fault. Bill S-3717 was drafted to amend the state’s Insurance Law to prevent automobile insurers from penalizing drivers involved in accidents...

What is a restrictive covenant; why do I care?

What is a restrictive covenant; why do I care?

by Bradford J. Lachut, Esq. | Oct 10, 2024 | Agency Management, General News

In my completely biased opinion, the legal field has one of the best lexicons of any profession. Usurious, champerty, tortfeasor, and restrictive covenants are just a few of the myriad legal terms that all sound exceptionally legal and are almost completely opaque....

N.Y.: American Transit Insurance Co.’s looming collapse: causes, regulatory failures and impact

N.Y.: American Transit Insurance Co.’s looming collapse: causes, regulatory failures and impact

by Theophilus Alexander | Oct 4, 2024 | Featured, General News

There was a time when New York City’s streets were dominated by yellow taxis—weaving through traffic and honking their way across the avenues—embodying the city’s frenetic energy. Hailing a cab was an art perfected by native New Yorkers—hand raised high, eyes scanning...

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