Legislation (A.9568) introduced by Assemblymember Sam Berger, D-27, would amend New York state’s Vehicle and Traffic Law to require electric scooter service platforms to maintain liability insurance coverage for scooters offered to the public through app-based digital...
Certificates of liability insurance were first created by ACORD in 1976, known as ACORD 25. However, the providing of evidence of financial responsibility for liability exposures dates to the late 19th century and early 20th century. The problem with COIs is that they...
As the 2026 legislative session begins in Albany, PIANY is once again advancing practical, meaningful reforms to improve the state’s insurance environment. PIANY’s priorities this year reflect the challenges independent agents are seeing in real time—outdated...
In 2021, President Joe Biden signed the Bipartisan Infrastructure Investment and Jobs Act, which authorized an additional $1.2 trillion in federal construction projects. It also reauthorizes and funds the U.S. Department of Transportation’s existing Disadvantaged...
A bill (S.3072) that would prohibit the use of an individual’s consumer credit history in employment decisions, has been delivered to Gov. Kathy Hochul for review. The bill is intended to promote fair hiring practices by limiting how personal financial...
The New Jersey Compensation Rating and Inspection Bureau received approval from the Department of Banking and Insurance for a rate revision of -4.3% to become effective Sunday, Jan. 1, 2026, applicable to new and renewal policies. The NJCRIB distributed Circular...
The Connecticut Insurance Department approved the proposed workers’ compensation loss cost filing made by the National Council on Compensation Insurance, consisting of an overall 3.8% decrease. Also approved is an overall assigned risk rate reduction of 0.4%. These...
If you’re hearing more about social inflation, and wondering how it’s impacting your clients—and your bottom line—you’re not alone. That’s exactly why PIANJ hosted a recent Deep Dive Panel titled “Behind the Verdict: How Litigation Trends Are Driving Insurance Costs.”...
Gov. Kathy Hochul has vetoed S.4963/A.1572, legislation that would have required the New York State Department of Financial Services to establish standardized definitions for commonly used terms in personal- and commercial-lines insurance policies. While the...
For the third consecutive legislative session, PIANY saw its top legislative priority go from an idea to a reality. Gov. Kathy Hochul has signed A.112/S.4157, a bill that repeals the outdated anti-arson application requirements in New York City, the last municipality...