Upcoming compliance deadlines for N.Y. cyber security regulation: MFA, annual training
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...
Play it smart this football and winter season
We are nearing the middle of football season, and the excitement of watch parties and the camaraderie of cheering on your team with friends and family continues. While football season is a time for fun, it can also introduce risks—not just on the field, but for...
Spooky insurance, part II: Are extraterrestrials among us?
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...
Build a resilient manufacturing business
Manufacturers are increasingly facing risks that can impact their operations significantly—both in production and public relationships. Roughly 84% of respondents to a 2022 survey said they’re willing to pay more for products from a company they perceive to be...
Infrastructure series: Why broadband internet access matters more than ever
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...
Advocating for agents: Conversations with key members of the New Jersey PIAPAC
The New Jersey PIAPAC—the official political action committee of PIANJ—plays a vital role in ensuring that the voices of insurance agents are heard in Trenton. We had the pleasure of interviewing three key members of the New Jersey PIAPAC—New Jersey PIAPAC Chairperson...
Weekly Dispatch: Oct. 17, 2024
Disaster relief provided for communities affected by Hurricane Helene and Milton; PIA Northeast states continue to receive support after summer storms. New Jersey introduces bill protecting not at-fault drivers from rate hikes. New York state launches phase one of its Empire AI project. Plus, you can read about state-specific industry news, compliance, advocacy updates, technical resources, education opportunities and upcoming events in this issue of the Weekly Dispatch.
Understanding DFS guidance on cyber security risks from AI for insurance agents
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
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...
N.Y.: Donor profiles: An inside look at the PIANY Agents Advocacy Coalition
The Agents Advocacy Coalition—the official political action committee of PIANY—plays a crucial role in shaping legislative efforts that impact insurance agents across New York state. We sat down with three members of the AAC—Chairperson Fred Holender, CLU, CPCU, ChFC,...
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