Your association is excited to share two major victories for PIANY and New York’s insurance producers—both of which cleared the state Senate Insurance Committee unanimously this week. These wins reflect the strength of our advocacy and the value of your support. Now,...
At the beginning of the 2025 legislative session, PIANY set a goal to advocate for common-sense changes that would help insurance agents. The association took a major step toward turning that goal into reality this week. PIANY-supported S.6122, which would allow...
In a unanimous vote, the New York state Senate Insurance Committee has advanced S.4157, which would repeal the outdated anti-arson application requirement for property insurance policies in New York City. The vote marks a significant legislative victory for PIANY and...
Beginning Thursday, May 1, 2025, the next wave of cyber security compliance requirements under the amended New York State Department of Financial Services’ regulation (23 NYCRR 500) will go into effect. These rules will apply differently depending on your exemption...
For years, insurance professionals in New York state have juggled separate licenses to operate as agents and brokers—costly, time-consuming and often redundant. A new bill (A.8065), introduced in April 2025 by Assemblymember Pamela Hunter, D-128, aims to fix this...
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...
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...
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....
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...
When the commercial insurance market tightens, agents and brokers often become the frontline to answer client questions about nonrenewals, midterm cancellations and rate hikes. Fortunately, New York Insurance Law Section 3426 offers a detailed playbook on how...
