Polar vortex sweeps over United States, Northeast: are you and your insureds prepared? FEMA announces new grants for climate resilience. New Jersey and New York release funds for infrastructure projects. Learn more about New York’s 2025 legislative agenda. Plus, you can read about state-specific industry news, compliance issues, technical resources, education opportunities, upcoming events and information you may have missed in this issue of the Weekly Dispatch.
As we kick off 2025, PIANY has unveiled its legislative priorities for the year. These initiatives aim to modernize New York state’s insurance regulations, reduce administrative burdens, and promote fairness and transparency. Let’s take a closer look at the key areas...
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...
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...
PIA wishes you a happy new year—have you had a chance to catch up on last year’s consumer content? National Flood Insurance Program is now funded until March 2025. States call for abolishment of Federal Insurance Office: New Hampshire leads the charge. New York signs legislation combatting climate change and protecting digital safety. Vermont names new acting commissioner of the Department of Financial regulation. Plus, you can read about state-specific industry news, advocacy updates, technical resources, education opportunities, upcoming events and information you may have missed in this issue of the Weekly Dispatch.
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...
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...
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,...
PIA Northeast wishes you a very happy holiday season. Reuters: domestic and international carriers are interested in doing business in catastrophe prone states. The Connecticut Insurance Department holds its first public information session. The New Jersey Compensation Insurance Rating Bureau announces its relocation. Two more PIANY top-priority bills have been signed into law. Plus, you can read about state-specific industry news, advocacy updates, technical resources, education opportunities upcoming events and information you may have missed in this issue of the Weekly Dispatch.
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...