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N.Y. bill would create captive insurance program for commuter vans

N.Y. bill would create captive insurance program for commuter vans

by Bradford J. Lachut, Esq. | Mar 11, 2025 | Advocacy, Featured

A new bill, S.6084, was introduced in the New York state Senate, and it would create a captive insurance program specifically for commuter vans—also known as Dollar Vans. If passed, this law would make it easier for commuter van operators to obtain affordable and...

Tariffs and car insurance rates: what to expect when you’re expecting protectionism

Tariffs and car insurance rates: what to expect when you’re expecting protectionism

by Matt McDonough | Mar 11, 2025 | General News

Even if your clients and colleagues have only a passing interest in politics and world affairs, you have probably heard them talk about the tariffs proposed by President Donald Trump. While it is generally understood that these tariffs mean an increased price on goods...

N.Y. bill: Real-time auto insurance verification at the DMV

N.Y. bill: Real-time auto insurance verification at the DMV

by Bradford J. Lachut, Esq. | Feb 20, 2025 | Advocacy, Featured

A newly introduced bill in the New York state Assembly would modernize how auto insurance coverage is verified, replacing the current system with a real-time online verification process. The bill, A.4404, introduced by Assemblymember David Weprin, D-24, would prevent...

New Jersey’s Car Insurance Reduction Act aims to lower rates and increase transparency

New Jersey’s Car Insurance Reduction Act aims to lower rates and increase transparency

by Bradford J. Lachut, Esq. | Feb 19, 2025 | Advocacy

With auto insurance rates on the raise, New Jersey state lawmakers are acting to reform auto insurance with the introduction of A-5254, also known as the Car Insurance Reduction Act. Sponsored by Assemblywoman Heather Simmons, D-3, this legislation would impose...

Connecticut’s evolving insurance landscape: Key bills to watch and advocate for in 2025

Connecticut’s evolving insurance landscape: Key bills to watch and advocate for in 2025

by Bradford J. Lachut, Esq. | Feb 14, 2025 | Advocacy, Featured

It is fair to say that the 2024 legislative session did not go as planned for the Connecticut Insurance and Real Estate Committee. As previously reported—due to a short legislative session and political in-fighting—the committee failed to report out any legislation in...

PIANY legislative watch: key bills for the 2025-26 session

PIANY legislative watch: key bills for the 2025-26 session

by Bradford J. Lachut, Esq. | Feb 11, 2025 | Advocacy

PIANY is actively tracking key legislation in the 2025-26 session that could impact the insurance industry. Below is a roundup of the bills we’re watching, grouped by PIANY priorities, and other important industry-related legislation. Click on each bill to read more...

The future of e-bike regulation in New York: Three bills that could change the rules

The future of e-bike regulation in New York: Three bills that could change the rules

by Bradford J. Lachut, Esq. | Feb 11, 2025 | Advocacy, Featured, General News

E-bikes and e-scooters have become an essential part of New York state’s transportation network, offering a low-cost, eco-friendly alternative to cars. Yet, their growing presence on the streets also has sparked debates over safety, liability and regulation. In...

PIANY legislative watch: key bills for the 2025-26 session

PIANY’s fight against insurance fraud: lowering premiums for consumers

by Bradford J. Lachut, Esq. | Jan 30, 2025 | Advocacy

High insurance premiums are a growing concern for both policyholders and insurance professionals. While many factors contribute to rising costs, fraud and legal loopholes often play a significant role. That’s why PIANY is advocating for legislative reforms that target...

Market Trend Survey 2024: Insights on premiums, underwriting and nonrenewals

Market Trend Survey 2024: Insights on premiums, underwriting and nonrenewals

by Shirley Albright, CPIA, CISR | Jan 24, 2025 | Technical

The 2024 Market Trends Survey—conducted across six Northeastern states—collected responses from 118 insurance professionals to gauge shifts in premiums, underwriting guidelines, remarketing efforts and nonrenewals across major lines of business. The survey, targeting...

N.H.: Understanding the recently introduced rental car coverage bill

N.H.: Understanding the recently introduced rental car coverage bill

by Danielle Caswell, Esq. | Jan 23, 2025 | Advocacy, Featured

On Jan. 8, 2025, the New Hampshire General Court signaled the beginning of the 2025 legislative session. With this came the introduction of H.B.434, a new bill that would amend RSA 264:18, which if passed, promises significant relief and convenience for consumers...

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