Horse-drawn buggies are a familiar sight on New York's rural roads: they’re a direct link to the state's Amish and Mennonite heritage. However, a recent spate of incidents has highlighted growing concerns about road safety and the adequacy of insurance coverage for...
Important carrier updates: Market withdrawals and insolvency impact
Amid growing concerns about the financial health and stability of the insurance marketplace, the personal-lines sector has experienced significant disruption, driven by carrier withdrawals and a rise in insolvencies. These developments are further constricting an...
N.J. legislative roundup: The latest from Trenton
The latest legislative moves in New Jersey include new bills that would boost outdoor dining, would make driving schools more flexible, and would protect property owners. Additionally, in the past few weeks, New Jersey has rolled out a lineup of bills that would...
N.J.: New bill would protect drivers from rate hikes for not-at-fault accidents
Drivers in New Jersey may soon have greater protection against insurance rate hikes for accidents for which they are not at-fault. Bill S-3717 was drafted to amend the state’s Insurance Law to prevent automobile insurers from penalizing drivers involved in accidents...
N.Y.: American Transit Insurance Co.’s looming collapse: causes, regulatory failures and impact
There was a time when New York City’s streets were dominated by yellow taxis—weaving through traffic and honking their way across the avenues—embodying the city’s frenetic energy. Hailing a cab was an art perfected by native New Yorkers—hand raised high, eyes scanning...
Tremors & insurance: Or how I learned to start worrying and fear the worm
Sandworms. You may not recognize one on sight, but your brain does. They’ve been a fixture of pop culture since Frank Herbet’s seminal 1965 novel, Dune. Star Wars. Beetlejuice. Men in Black. Gargantuan worms that burrow through the ground bind all these works of...
PIANY-supported supplemental spousal liability amendments signed into law
The confusion surrounding supplemental spousal liability coverage in New York state, which began last year, has now been addressed. Gov. Kathy Hochul has officially signed legislation (A.9407-A/S.9021) into law, introducing important changes to SSL coverage in auto...
Supplemental spousal liability bill passes N.Y. state Legislature, moves to governor’s desk
The confusion around supplemental special liability coverage that has existed in New York state since last year may be alleviated soon. Legislation (A.9407/S9021), which would make important changes to SSL coverage in auto policies, has passed the New York...
N.Y.: A brief guide for major insurance bills that passed this legislative session
The 2023-24 legislative session has officially come to a close in New York state. True to form, the Legislature worked tirelessly, passing hundreds of bills on the last day of the session. During the session, PIANY was committed to supporting measures that would...
New Jersey Supreme Court: E-scooters are not covered by no-fault law
When it comes to navigating the streets, electric scooters, or LSESs, are as trendy as they are tricky. As the popularity of LSES and their presence on the roadways increases, it became all but certain that questions about insurance coverage would arise. For example,...