The New York state Legislature might be in the process of negotiating the budget, but it took the time to introduce two PIA-supported bills that could have a significant impact on the homeowners and auto marketplace, respectively. C-MAP Assemblyman Steven...
PIANY-priority excess-line reform bill reported out of committee, heads to Senate floor
Over the last several legislative sessions, PIANY has been pushing for reforms to the way business is placed in the excess & surplus marketplace to ensure that agents and consumers have access to the insurance producers they need. During the 2021-22...
Cyber series: Non-New York businesses advice
This article in the cyber series is for those individuals who may lack a significant physical or financial presence in New York state. Just because a person lacks a physical or financial presence in the state though, does not mean that the New York cyber security...
N.Y.: Navigating the home stretch: New York state’s budget talks and the impact on insurance
As the calendar turns its pages toward the end of March, New York state finds itself in the thick of its budget negotiation process, with the April Fools’ Day deadline looming just six days away. During this time, the New York state Legislature finds itself juggling...
N.Y.: PIA-priority New York City anti-arson bill passes the state Assembly
PIA-supported legislation (A.8831) that would repeal the outdated anti-arson application in New York City, was passed by the New York state Assembly (by a vote of 147-0) on March 25, 2024. The current anti-arson law In response to a surge in insurance fraud linked to...
Cyber series: Compliance for covered entities
Prior articles in the cyber series have concentrated on what it means to be a covered entity. This article discusses what covered entities must do to comply with New York’s cyber security regulation (23 NYCRR 500). Understanding covered entities Covered entities are...
PIANY-priority windstorm definition legislation passes state Assembly
The New York state Legislature may be right in the middle of budget negotiations, but the Assembly took a break from the budget to pass one of PIANY’s top legislative priorities for the 2024 legislative session. The Assembly passed A.2866—which requires the New York...
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...
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...