Conn./N.J./N.Y.: Maintaining a legal and insured rental property in different localities
Do you run a short-term rental property? Think AirBNB or VRBO. These properties bring income to owners and operators, but they require constantly tracking a changing legal landscape—especially in popular rental areas. It’s vital to keep tabs on changes to local laws...
Weekly Dispatch: Aug. 8, 2024
Hurricane Debby makes its way slowly up the East Coast: it is forecasted to bring rain to the Northeast later this week. Connecticut awards state grants to protect acres for community green spaces. PIANY meets the DFS on the exits of Adirondack Insurance Exchange and Mountain Valley Insurance Company from the marketplace. Also, learn more about forwarding PIANY’s campaign to pass legislation that would standardize the windstorm definition. Plus, you can read about state-specific industry news, advocacy updates, technical resources, education opportunities and upcoming events in this issue of the Weekly Dispatch.
Your voice matters: Join PIANY’s advocacy to secure the windstorm bill
It is shaping up to be a pivotal year for New York state’s insurance industry, with the establishment of a single definition of windstorm in homeowners policies on the horizon. This is a monumental step forward, not just for insurance professionals, but...
When carriers withdraw from a market
The hard market has been a recurring topic of conversation over the last several months as something impacting insurance producers nationwide significantly. Diving further into the topic, the recent pattern of carrier withdrawals from various markets has become rather...
N.Y.: We’ve come so far … standardized windstorm deductible definition
For several years, PIANY has been on the front lines as an advocate for the standardization of the windstorm deductible definition in New York state. It has been a top legislative priority for the association. PIANY members and staff members have meet with countless...
PIANY meets with DFS to discuss Adirondack and Mountain Valley’s marketplace exit
Representatives of PIANY met recently with officials from the New York State Department of Financial Services to discuss the impending exit of Adirondack Insurance Exchange and Mountain Valley Insurance Company from the New York marketplace. This meeting comes in...
Weekly Dispatch: Aug. 1, 2024
New report examines the issues driving up homeowners insurance costs. U.S. senators issued a letter to the FTC pressing it to investigate automakers disclosing driving data. New Jersey launches initiatives regarding artificial intelligence. In New York state, PIA Northeast offers resources to help members educate their clients about Adirondack Insurance Exchange’s withdrawal from the New York insurance market. Vermont offers resources to help residents recover from flooding—PIA Northeast offers resources to help members educate their clients about the importance of flood insurance. Plus, you can read about state-specific industry news, advocacy updates, technical resources, an in memoriam to former New York state Sen. James Seward, education opportunities and upcoming events in this issue of the Weekly Dispatch.
From PIANY: Adirondack, AmGuard leaving insurance markets
Dear PIANY members, I’m writing to you to discuss the recent announcements from Adirondack Insurance Exchange and AmGuard Insurance Co., regarding their decisions to withdrawal from specific insurance marketplaces. When the announcement was made, an email was sent to...
PIANY remembers Sen. James L. Seward
Former New York state Sen. James L. Seward, a prominent leader in New York state Legislature, passed away on July 27, 2024, at the age of 72, after a long battle with cancer. Seward’s distinguished career in public service spanned over three decades, during which he...
N.Y.: Suffolk County state Supreme Court Judge blocks outside-income ban for legislators
In a significant legal development, Suffolk County state Supreme Court Judge Alison Napolitano temporarily halted a law that would limit the outside income of New York state lawmakers. This decision, which was rendered on July 17, 2024, marks a notable victory for...


