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PIACT advocates for stronger protections in dog breed bill

PIACT advocates for stronger protections in dog breed bill

by Bradford J. Lachut, Esq. | Mar 5, 2025 | Advocacy

Recently, PIACT provided written testimony on S.B.1386, which would prohibit insurance companies from using a dog’s breed as the factor in underwriting homeowners and tenants insurance policies. While PIACT does not take a formal stance on the bill, the association...

PIACT opposes flood disclosure, cites unnecessary burdens on insurance producers

PIACT opposes flood disclosure, cites unnecessary burdens on insurance producers

by Bradford J. Lachut, Esq. | Mar 5, 2025 | Advocacy, Featured

PIACT voiced opposition to S.B.1245, a proposed bill that would require insurance producers and surplus-lines brokers to provide written notice about the availability of flood insurance at the time of application for personal risk insurance. While PIACT supports...

NHID issues bulletin on aerial imagery in underwriting 

NHID issues bulletin on aerial imagery in underwriting 

by Bradford J. Lachut, Esq. | Feb 20, 2025 | Technical

The New Hampshire Insurance Department has issued Bulletin Docket #INS 25-016-AB, to address the increasing reliance on aerial imagery in property underwriting. The bulletin highlights concerns about insurers refusing to write or renew homeowners policies based solely...

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...

Connecticut’s proposed flood disclosure law: What insurance producers need to know

Connecticut’s proposed flood disclosure law: What insurance producers need to know

by Bradford J. Lachut, Esq. | Feb 12, 2025 | Advocacy, Featured, General News

To increase transparency around flood risk and encourage climate resilience, Connecticut lawmakers have introduced S.B.1245—An Act Establishing a Resilient Connecticut Strategy. If passed, this bill would bring significant changes to how flood insurance is disclosed...

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...

Infrastructure series: Clean water initiatives and property insurance—the IIJA’s impact

Infrastructure series: Clean water initiatives and property insurance—the IIJA’s impact

by Danielle Caswell, Esq. | Feb 10, 2025 | General News

The Infrastructure Investment and Jobs Act of 2021 represents a significant step toward modernizing the United States’s infrastructure, with a strong focus on improving water systems. Among its key provisions is the allocation of funds aimed at eliminating the use of...

N.Y.: Expanding C-MAP—A legislative step forward for Hudson River properties

N.Y.: Expanding C-MAP—A legislative step forward for Hudson River properties

by Bradford J. Lachut, Esq. | Feb 10, 2025 | Advocacy, Featured, General News

The start of New York state’s legislative session is traditionally a time when lawmakers revisit bills that didn’t cross the finish line the previous year. It’s also when they refine previously passed laws through a process called chapter amendments. This process is...

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.Y.: Addressing insurance costs, disaster preparedness: A look at Hochul’s initiatives

N.Y.: Addressing insurance costs, disaster preparedness: A look at Hochul’s initiatives

by Bradford J. Lachut, Esq. | Jan 23, 2025 | General News

The start of New York state’s legislative session comes with its fair share of traditions and responsibilities. From the swearing-in of new assemblymembers and senators to the unveiling of committee rosters, these rituals set the stage for the year ahead. Last week,...

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