In May, an application for an overall loss cost decrease of 13.2% was submitted to the New York State Department of Financial Services by the New York Compensation Insurance Rating Board. The NYDFS approved the application as filed with an effective date of Wednesday,...
The 2025 New York state legislative session was filled with ambitious proposals aimed at improving the insurance landscape—many of which PIANY monitored, supported and advocated for on behalf of insurance professionals across the state. While a number of key wins were...
If you write contractor business in Connecticut or New Jersey with Liberty Mutual, there’s an important change coming that could affect your clients—and your book of business. As part of its efforts to manage risk exposure in New York state, Liberty Mutual has...
The 2025 New York legislative session wrapped up last week, and it’s time to reflect on what your association accomplished—and what’s still ahead. Thanks to persistent advocacy and strong member engagement, PIANY advanced several long-standing priorities, secured...
While the New York state Senate went into recess last week, the state Assembly extended its legislative session for a few more days—an extension that has paid dividends for PIANY and its members. On Monday, the Assembly passed S.5331-A, a top legislative priority for...
In a major step toward modernizing New York state’s motor vehicle insurance system and alleviating longstanding consumer frustrations, the New York state Senate has passed S.5331-A—a bill that would establish a real-time online insurance verification system at the...
In another win for PIANY and insurance professionals across New York state, the state Assembly unanimously passed a long-awaited bill, A.6652A/S.6122A, that would allow licensed insurance producers to carry over excess continuing-education credits into their next...
The New York state Senate has passed S.4157—a bill that would repeal the longstanding anti-arson application requirement for property insurance in New York City. This marks the first time the legislation has cleared the Senate, representing a pivotal moment in PIANY’s...
In a landmark decision with wide-ranging implications for dog bite claims and insurance liability, the New York Court of Appeals ruled in Flanders v. Goodfellow that plaintiffs may pursue negligence claims against pet owners, in addition to strict liability, for...
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,...
