On Tuesday, New Yorkers voted in their local elections. In addition to local leadership, they casted their votes on five ballot proposals—three of which were rejected, and two of which were approved. Rejected proposals Proposal 1, which failed 48% to 38%, would have...
Today, employers must have effective loss controls in place before they purchase employment practices liability insurance. And yet, the current hardening of the market for such coverage shows us that rates and retentions are increasing after years of struggles....
In the first episode of the Emmy award-winning television series Succession, viewers meet Cousin Greg when he smokes marijuana before his first day of work. He gets fired after the marijuana impairs his ability to interact with families while wearing a mascot costume....
The New York State Department of Financial Services announced today that it has finalized changes to the continuing-education requirements for insurance producers. What’s new? All licensees will be required to take at least: one hour of insurance law per licensing...
The Agents Advocacy Coalition committee elected Fred Holender, CLU, CPCU, ChFC, MSFS, of Lawley Insurance in Buffalo, as its new chair. Fred—whose term as the political action committee’s chair began Oct. 1, 2021—is a past president of PIANY, he is involved actively...
In 2019, the New York state Legislature issued requirements for all employers in the state to have comprehensive sexual harassment prevention policies in place with corresponding, annual training. Specifically, every person who works in the state at any time during...
I have been the chair of the Agents Advocacy Coalition for coming up on five years this September, at which time I will hand the reins over to PIANY past President Fred Holender, CLU, CPCU, ChFC, MSFS. During my time as chair, Agents Advocacy Coalition has done a lot...
Gov. Andrew M. Cuomo announced today that he is resigning as governor, effective in 14 days. At which time, Lt. Gov. Kathy Hochul will assume the role of governor. PIANY will follow the change of administration in the upcoming weeks, and will let you know if and how...
In May, an application for an overall loss cost decrease of 6.4% was submitted to the New York State Department of Financial Services by the New York Compensation Insurance Rating Board. The DFS approved the application as requested with an effective date of Friday,...
Recently, PIANY received an update from the New York State Insurance Fund, which details modifications to the Safety Group Enhanced Discount and Preferred Risk Business Discount; the addition of a new endorsement for employees telecommuting from a location outside of...