In the rapidly evolving digital landscape, cybersecurity is more crucial than ever. This is particularly true in New York, where the state's cyber security regulation, 23 NYCRR 500, plays a pivotal role. In part two of the PIA’s cyber series, let's delve into a key...
The New York Department of Financial Services cyber security regulation—known as 23 NYCRR 500 by nerds like me—first went into effect on March 1, 2017. This regulation was the first in the nation to regulate the cyber security practices of the financial services...
A noncompetition agreement, or noncompete agreement, is nothing new in the world of business. These agreements prohibit an employee from working for competitors or opening competing businesses, typically for a certain period of time after an employee leaves a job. In...
For years, PIA has fought for increased consumer protections during the automobile insurance underwriting process. PIA won a major victory in that fight today when New York Gov. Kathy Hochul signed into law S.5764B, which takes aim at the harmful bait-and-switch...
PIANY Director of Government & Industry Affairs Bradford J. Lachut, Esq., along with other industry representatives, testified this morning on extreme weather and the resiliency of the property/casualty insurance marketplace. The hearing was jointly hosted...
In a continued effort to make New York a worker-friendly state, Gov. Kathy Hochul signed A.6604/S.4982 into law, which amends the state’s labor law by further protecting employee freedom of speech and consciences. It does so by prohibiting employers from having the...
ALBANY, N.Y.—The Professional Insurance Agents of New York State Inc., applaud Gov. Kathy Hochul for signing legislation to update the state’s antiquated photo inspection system. The law, which was a top priority for PIANY during the 2023 legislative session, will...
PIANY’s top legislative priority for the 2023 legislative year is passage of legislation that would make important changes to New York state's antiquated photo inspection system. Today, Gov. Kathy Hochul signed (A.3172-A/S.5889) into law—making this top PIANY...
As we move closer to the end of November, I am inspired to think about being grateful. I am grateful for family and friends, for my comfortable home, and the delicious food we create—and for gifts made to me by virtue of birth or happenstance. Looking beyond my...
New York Attorney General Letitia James unveiled two historic settlements valued at a combined $328 million with ride-sharing conglomerates Lyft and Uber on Nov. 1, 2023. These settlements mark the conclusion of extensive investigations into both companies, revealing...
