PIANY supports bill to allow DFS to hire consultants for faster insurance filings
PIANY is backing a new legislative proposal that would allow the Department of Financial Services to hire consultants to assist in reviewing insurance rate and form filings. The bill, S.5321, sponsored by Sen. Jamaal Bailey, D-36, would streamline the approval process...
Top legislative priority advances out of committee—would ease E&S insurance requirements in Connecticut
The effort to modernize Connecticut’s excess-and-surplus lines insurance process has taken a major step forward. The Joint Committee on Insurance and Real Estate has officially released, H.B.6981, with PIACT’s proposed changes fully incorporated—a crucial win for...
Vt.: NCCI 2025 WC loss cost decrease approved
The Vermont Department of Financial Regulation approved the revised workers’ compensation voluntary loss cost filing made by the National Council on Compensation Insurance—consisting of an overall 7.4% decrease. In addition, a decrease of 11.3% of the overall assigned...
N.Y. bill would create captive insurance program for commuter vans
A new bill, S.6084, was introduced in the New York state Senate, and it would create a captive insurance program specifically for commuter vans—also known as Dollar Vans. If passed, this law would make it easier for commuter van operators to obtain affordable and...
N.J.: Key bills PIANJ is following this session
The 2024-25 legislative session in New Jersey is past its midpoint, and PIANJ is tracking numerous bills that could impact the insurance industry significantly. From motor vehicle liability to home improvement contracts and personal injury protection, these proposed...
N.Y.: Bill targets anticoncurrent causation clauses in homeowners insurance
New York state lawmakers are taking aim at a controversial insurance policy provision that has left many homeowners frustrated after disasters. A new bill, S.6205, introduced by Sen. James Skoufis, D-42, would limit the use of anticoncurrent causation clauses in...
Tariffs and car insurance rates: what to expect when you’re expecting protectionism
Even if your clients and colleagues have only a passing interest in politics and world affairs, you have probably heard them talk about the tariffs proposed by President Donald Trump. While it is generally understood that these tariffs mean an increased price on goods...
PIANY supports bill to carry over CE credits
New York state insurance agents and brokers may soon have a more flexible and practical way to meet their continuing-education requirements, thanks to a new bill introduced in the state Legislature. Senate bill S.6122 and Assembly bill A.6652, sponsored by Sen. Jamaal...
Weekly Dispatch: March 6, 2025
Insurance industry anticipates downstream effects of proposed tariffs—how might they effect independent agents? PIACT issues position on two proposed bills. A bill reporting out of the New Jersey state Senate would limit NDAs in employment contracts in cases involving discrimination, retaliation and harassment if passed. PIANY legislative priority that would repeal outdated anti-arson application requirement in New York City passes state Assembly. Plus, you can read about state-specific industry news, compliance issues, advocacy updates, technical resources, education opportunities, upcoming events and information you may have missed in this issue of the Weekly Dispatch.
PIANY’s priority anti-arson bill advances in state Assembly
Recently, PIANY achieved a significant legislative victory with the passage of A.112 in the New York state Assembly on March 3, 2025. This marks a major step toward repealing the outdated anti-arson application requirement in New York City. This long-standing...
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