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N.Y.: First-in-the-nation PPL policy takes effect

N.Y.: First-in-the-nation PPL policy takes effect

by Danielle Caswell, Esq. | Jan 10, 2025 | Featured, General News

On Jan. 1, 2025, New York became the first state in the country to offer paid time off for prenatal care or any medical care related to pregnancy. In her efforts to make New York one of the most worker friendly states in the nation, Gov. Kathy Hochul stayed true to...

PIANY’s 2025 legislative priorities: Advocating for change in New York’s insurance landscape

PIANY’s 2025 legislative priorities: Advocating for change in New York’s insurance landscape

by Bradford J. Lachut, Esq. | Jan 8, 2025 | Advocacy, Featured

As we kick off 2025, PIANY has unveiled its legislative priorities for the year. These initiatives aim to modernize New York state’s insurance regulations, reduce administrative burdens, and promote fairness and transparency. Let’s take a closer look at the key areas...

Infrastructure series: Transportation spending and its impact on insurance

Infrastructure series: Transportation spending and its impact on insurance

by Bradford J. Lachut, Esq. | Jan 8, 2025 | Featured, General News

The passage of the Infrastructure Investment and Jobs Act in 2021 represents one of the most significant investments in U.S. infrastructure in decades. Allocating $1.2 trillion over 10 years, the act emphasizes modernizing transportation systems, repairing aging...

N.Y.: Hochul signs two PIA-priority bills into law 

N.Y.: Hochul signs two PIA-priority bills into law 

by Bradford J. Lachut, Esq. | Dec 16, 2024 | Advocacy, Featured

Only a few weeks after signing PIANY’s top legislative priority into law, Gov. Kathy Hochul has taken action on two other PIANY priority issues. The governor signed one bill to introduce parametric insurance into the state’s legal framework, and another bill to expand...

What PIA members need to know about the Corporate Transparency Act

What PIA members need to know about the Corporate Transparency Act

by Bradford J. Lachut, Esq. | Dec 3, 2024 | Featured, Technical

The Corporate Transparency Act is officially here, with significant implications for businesses nationwide. This new law aims to enhance corporate accountability by requiring certain companies to report their beneficial ownership information to the Financial Crimes...

PIANY’s 2025 legislative priorities: Advocating for change in New York’s insurance landscape

Governor signs PIANY’s windstorm bill into law

by Bradford J. Lachut, Esq. | Nov 22, 2024 | Advocacy, Featured

Gov. Kathy Hochul has signed A.2866/S.4199 into law, authorizing the New York State Department of Financial Services to create a single, standardized definition of “windstorm” in homeowners insurance policies. This long-awaited legislation marks a significant...

Enhancing safety and insurance for horse-drawn buggies on New York roads

Enhancing safety and insurance for horse-drawn buggies on New York roads

by Theophilus Alexander | Nov 20, 2024 | Advocacy, Featured

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...

Infrastructure series: Aviation initiatives are taking flight

Infrastructure series: Aviation initiatives are taking flight

by Danielle Caswell, Esq. | Nov 5, 2024 | General News

The holidays are fast approaching, and with millions of Americans expected to travel in the upcoming months, we are once again reminded that many of our nation’s airports are quite insufficient and lag behind competitors. Airports serve as critical hubs for trade and...

PIANY-supported BI bill signed into law

PIANY-supported BI bill signed into law

by Bradford J. Lachut, Esq. | Sep 30, 2024 | Advocacy, Featured, General News

Gov. Kathy Hochul officially has signed bill A.10342 into law, expanding business interruption insurance coverage in New York state. The bill’s passage marks a significant step in redefining the scope of business interruption insurance by decoupling it from the...

Infrastructure series: Bridge the gap: We need solid structures in a world without flying cars

Infrastructure series: Bridge the gap: We need solid structures in a world without flying cars

by Bradford J. Lachut, Esq. | Sep 11, 2024 | Featured, General News

If science fiction has taught us anything, by 2024, we should have been cruising around in flying cars. Yet here we are, still relying on the same roads and bridges our ancestors built. While the dream of flying cars is still out of reach, one reality we must face is...

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