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N.Y.: Risk retention placement reports due March 15

N.Y.: Risk retention placement reports due March 15

by Shirley Albright, CPIA, CISR | Feb 15, 2024 | General News

New York State Insurance Law Section 5904 requires producers placing New York state business with risk retention groups not chartered in the state to report this business by Friday, March 15, 2024. To comply with New York State Insurance Law Section 5904(c), if a...

Winter flood preparedness: Navigate rising waters with confidence

Winter flood preparedness: Navigate rising waters with confidence

by Bradford J. Lachut, Esq. | Jan 23, 2024 | Consumer-focused, Featured, General News

As winter unfolds, it brings not just fridged temperatures but also the increased risk of flooding. While snowflakes and ice may paint a serene picture, they can quickly transform into a formidable force when temperatures rise, leading to winter floods. This article...

Navigate the Winter Wonderland: A guide for insurance agents to safeguard clients

Navigate the Winter Wonderland: A guide for insurance agents to safeguard clients

by Howard Goldberg | Jan 22, 2024 | Consumer-focused, Featured, General News

As winter tightens its grip on the Northeast, recent storms have blanketed the region in snow and ice, creating hazardous driving conditions. With plummeting temperatures and slippery roads, it’s crucial for drivers to prioritize safe driving practices. In the United...

Break down: Anatomy of a personal auto claim

Break down: Anatomy of a personal auto claim

by Theophilus Alexander | Jan 17, 2024 | Consumer-focused, General News

Whether it is a minor fender bender or a major collision, the aftermath of a car accident is a scenario we all hope to avoid. Yet, when the unexpected happens, understanding the intricate process of filing a personal auto insurance claim becomes most important. In...

Before you start planning your wedding, don’t forget to insure the ring

Before you start planning your wedding, don’t forget to insure the ring

by Roger C. Butler, CIC | Jan 3, 2024 | Consumer-focused, Featured

Getting engaged for Christmas or New Years is very exciting and romantic. It could involve a beautiful one-carat diamond ring that looks amazing on your finger! There’s so much planning to do for the big day, but don’t forget to insure your ring from theft, if the...

N.Y.: PIA-priority ‘bait-and-switch’ becomes law 

N.Y.: PIA-priority ‘bait-and-switch’ becomes law 

by Bradford J. Lachut, Esq. | Dec 26, 2023 | Advocacy, Featured

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...

Think twice before you reply with an emoji … it could be a binding contract

Think twice before you reply with an emoji … it could be a binding contract

by Danielle Caswell, Esq. | Dec 21, 2023 | Featured, General News

Let’s face it … technology can be hard. Especially when you have no idea what things mean. Remember when Gen Z unofficially deemed millennial use of the 😂 emoji as “not cool,”[1] or dare I say…cheugy?[2] Or when almost every older-generation dad got called out...

N.J.: Introduced legislation would make insurance mandatory for e-bikes and e-scooters 

N.J.: Introduced legislation would make insurance mandatory for e-bikes and e-scooters 

by Theophilus Alexander | Dec 12, 2023 | Advocacy, Featured

Coming off an expensive statewide ballot election featuring all 120 elected Assemblymembers and Senators, the New Jersey state Legislature’s lame duck session currently is in full swing.   On Nov. 30, 2023, Senate President Nicholas Scutari, D-22,...

Risks associated with electronic bikes

Risks associated with electronic bikes

by Theophilus Alexander | Dec 5, 2023 | Consumer-focused, Featured, General News

Electric bicycles—or e-bikes—have become popular as an eco-friendly, efficient, and cost-effective mode of transportation. While these bicycles offer myriad benefits, they carry certain risks—which riders can mitigate. Electric bikes are powered by batteries,...

PIANY-priority photo inspection bill signed into law

PIANY-priority photo inspection bill signed into law

by Bradford J. Lachut, Esq. | Nov 17, 2023 | Advocacy, Featured

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...

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