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N.H.: Understanding S.B.423: Mandatory disclosure of insurance policy limits

N.H.: Understanding S.B.423: Mandatory disclosure of insurance policy limits

by Theophilus Alexander | May 15, 2024 | Advocacy

In a recent legislative update, the New Hampshire Senate passed S.B.423, a bill that would introduce changes to improve transparency in the insurance industry—particularly in cases involving motor vehicle accidents. Sponsored by Sen. Sharon M. Carson, R-14, and...

PIANY’s recent state legislative efforts

PIANY’s recent state legislative efforts

by Bradford J. Lachut, Esq. | May 13, 2024 | Advocacy

In the last legislative session, PIANY had some tremendous legislative successes: it’s important to look back at our victories as an association, as it reminds us of what we can achieve as a unified group of independent agents. Priority photo-inspection bill signed...

N.H.: Are higher damage caps for wrongful death claims in the future?

N.H.: Are higher damage caps for wrongful death claims in the future?

by Theophilus Alexander | May 8, 2024 | Advocacy, Featured

As S.B.462 is set to be considered by the House for a vote this Thursday, it’s important for association members to recognize its potential impact on our industry. The bill, which emerged from the House Judiciary Committee with a 11-9 recommendation to pass without...

N.Y.: Have you met TED: Part Deux

N.Y.: Have you met TED: Part Deux

by Bradford J. Lachut, Esq. | Apr 24, 2024 | Featured, General News

Back in January, I wrote about the release of the New York Gov. Kathy Hochul’s Executive Budget—in particular, the release of transportation, economic development and environmental conservation items, referred to as the TED. Fast forward to the end of April and New...

PIANY’s recent state legislative efforts

N.Y.: Two PIA-supported bills introduced in state Legislature amid budget negotiations

by Bradford J. Lachut, Esq. | Apr 17, 2024 | Advocacy, Featured

The New York state Legislature might be in the process of negotiating the budget, but it took the time to introduce two PIA-supported bills that could have a significant impact on the homeowners and auto marketplace, respectively.  C-MAP  Assemblyman Steven...

PIANY-priority excess-line reform bill reported out of committee, heads to Senate floor 

PIANY-priority excess-line reform bill reported out of committee, heads to Senate floor 

by Bradford J. Lachut, Esq. | Apr 17, 2024 | Advocacy, General News

Over the last several legislative sessions, PIANY has been pushing for reforms to the way business is placed in the excess & surplus marketplace to ensure that agents and consumers have access to the insurance producers they need.   During the 2021-22...

N.Y.: Navigating the home stretch: New York state’s budget talks and the impact on insurance

N.Y.: Navigating the home stretch: New York state’s budget talks and the impact on insurance

by Theophilus Alexander | Mar 26, 2024 | Featured, General News

As the calendar turns its pages toward the end of March, New York state finds itself in the thick of its budget negotiation process, with the April Fools’ Day deadline looming just six days away. During this time, the New York state Legislature finds itself juggling...

N.Y.: PIA-priority New York City anti-arson bill passes the state Assembly

N.Y.: PIA-priority New York City anti-arson bill passes the state Assembly

by Theophilus Alexander | Mar 26, 2024 | Featured, General News

PIA-supported legislation (A.8831) that would repeal the outdated anti-arson application in New York City, was passed by the New York state Assembly (by a vote of 147-0) on March 25, 2024. The current anti-arson law In response to a surge in insurance fraud linked to...

PIANY-priority windstorm definition legislation passes state Assembly

PIANY-priority windstorm definition legislation passes state Assembly

by Bradford J. Lachut, Esq. | Mar 20, 2024 | Featured, General News

The New York state Legislature may be right in the middle of budget negotiations, but the Assembly took a break from the budget to pass one of PIANY’s top legislative priorities for the 2024 legislative session. The Assembly passed A.2866—which requires the New York...

N.Y.: Navigating the rise of e-bikes and e-scooters in the Big Apple

N.Y.: Navigating the rise of e-bikes and e-scooters in the Big Apple

by Theophilus Alexander | Mar 12, 2024 | General News

E-bikes and e-scooters have surged in popularity as efficient, eco-friendly and fun alternatives to traditional vehicles—offering a compelling solution to urban congestion and contributing to the reduction of greenhouse gas emissions. Their accessibility and ease of...

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