N.Y.: New bill would expand, regulate use of telematics in auto insurance
Legislation introduced in the New York Assembly on April 8, 2025, would formally authorize and regulate the use of telematics and usage-based insurance in New York state’s private passenger and commercial auto insurance markets. This legislation could signal a move...
How to handle high-value equipment coverage for rehabilitation centers
High-value equipment plays a critical role in rehabilitation services. From physical therapy machines to diagnostic tools, these assets impact patient care and daily operations directly. For insurance agents, understanding the financial risk tied to this equipment is...
Weekly Dispatch: April 10, 2025
A bill to extend the NFIP is introduced in the U.S. Senate—could we see an end to the string of continuing resolutions? The Connecticut Business & Industry Association issued a preliminary analysis for a recent Connecticut Supreme Court ruling, which could increase workers’ compensation claims as much as 265%. New York’s CE carryover bill passes the state Assembly—another bill is introduced to the state Senate to mandate a study on noncommercial auto coverage. 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.
N.Y. bill introduced in Senate: To create study of auto minimum coverage amounts
As part of the 2025-26 New York legislative session, S.5235 was introduced in the state Senate. If passed, the bill would mandate a comprehensive study to evaluate the adequacy of current minimum coverage amounts for noncommercial auto insurance. While this is not the...
ICYMI: N.Y. cyber security certification of compliance filings due by April 15
Those individuals who hold a New York state insurance license (covered entities), including nonresident licensees, have until Tuesday, April 15, 2025, to certify their compliance with the requirements of New York state’s cyber security regulation (23 NYCRR 500) for...
How much insurance do you need for your home?
In the ever-changing world of home insurance, one question pops up time and time again: “How much coverage do I really need for my home?” It’s a great question—and an important one. That’s why the New Hampshire Insurance Department recently released a bulletin aimed...
N.Y. action: CE carryover bill clears Assembly
The push to modernize New York state’s continuing-education requirements for insurance professionals just took a major leap forward. On April 7, the state Assembly unanimously approved A.6652-A—a bill that would allow insurance producers to carry forward up to seven...
Delivering food? Is your coverage right?
Food delivery services like Uber Eats and Door Dash have made a business of providing consumers with an easy way to get food from their favorite restaurants right to their home. No longer does a restaurant have to provide delivery services—these services will provide...
N.Y.: Supplemental spousal liability reverts to an opt-in option on March 26
Recently, there has been confusion surrounding supplemental spousal liability coverage in auto policies in New York state. It has gone from an opt-in option, to automatic coverage, and back again to an opt-in option—unless a spouse is indicated on the application....
Big win for N.Y. producers: CE carryover bill clears Assembly committee
The push to modernize New York state’s continuing-education requirements for insurance professionals just took a major leap forward. The state Assembly Insurance Committee has unanimously approved A.6652-A on April 2, 2025,—a bill that would allow insurance producers...
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