Cyber series: Compliance for limited exempt entities
Prior articles in the cyber series have concentrated on what it means to be a covered entity. This article transitions into discussing what covered entities that qualify for a limited exemption must do to comply with New York’s cyber security regulation (23 NYCRR...
N.Y.: Navigating the rise of e-bikes and e-scooters in the Big Apple
E-bikes and e-scooters have surged in popularity as efficient, eco-friendly and fun alternatives to traditional vehicles—offering a compelling solution to urban congestion and contributing to the reduction of greenhouse gas emissions. Their accessibility and ease of...
Client misrepresentations could leave you on the hook for insurance fraud
Insurance agents are the middlemen—they act as intermediaries between insureds and insurers. With this positioning, there are times when agents are put into situations in which they are unsure of what side to take—especially when evidence of a misrepresentation has...
E&O assistance: PIANJ hosts session on personal-lines and small commercial-lines
Earlier this week, PIANJ hosted another Deep Dive session: Selling/Servicing Personal Lines and Small Commercial Policies. Those who missed the session can view a recording of the program, which can be shared with colleagues. The discussion Moderated by PIANJ’s...
Weekly Dispatch: March 7, 2024
The Corporate Transparency Act has been in effect for two months: what do PIA members need to know? New Hampshire has been granted a major disaster declaration request for three counties. In New Jersey, pay-to-play laws have been changed: are you up-to-date with the new rules? New York is tapping into a federal initiative to help minority- and women-owned businesses. Plus, you can read about state-specific industry news, compliance issues, advocacy updates, technical resources, education opportunities, and upcoming events in this issue of the Weekly Dispatch.
What PIA members need to know about the Corporate Transparency Act
While the Corporate Transparency Act became law on Jan. 1, 2021, you may just be hearing about it now. That is because it became effective as of Jan. 1, 2024, and it has created new business reporting requirements on a federal level for smaller businesses. The law’s...
N.Y.: Gov. Hochul’s plan to deter retail theft
The ongoing trend of organized retail theft is rippling across through the retail industry, contributing to store closures that have impacted communities far and wide. This upsurge in coordinated thefts, including smash-and-grab robberies and chronic shoplifting, is...
Cyber series: Compliance for Class A Companies
Prior articles in the cyber series have concentrated on what it means to be a covered entity. This article transitions into a discussion about what covered entities must do to be in compliance with New York state’s cybersecurity regulation (23 NYCRR 500). This...
N.J.: Stay updated on pay-to-play changes
There were sweeping changes for New Jersey’s campaign-finance and pay-to-play laws in 2023. Gov. Phil Murphy signed the New Jersey Elections Transparency Act, P.L. 2023, c. 30, into law on April 3, 2023, and later he signed Executive Order 333 into effect on June 15,...
Grow and achieve more with agency automation
In a rapidly evolving world driven by innovation and digital technologies, staying ahead of the curve is paramount for businesses—specifically in the insurance industry. Insurance agencies face high volumes of paperwork, complex processes, intricate regulations, risk...
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