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Understanding N.Y.’s proposed anti-concurrent causation clause legislation

Understanding N.Y.’s proposed anti-concurrent causation clause legislation

by Bradford J. Lachut, Esq. | May 21, 2024 | Advocacy, General News

The New York state Senate is considering a bill, introduced by Sen. Neil Breslin, D-46, which would amend the Insurance Law concerning anti-concurrent causation clauses (S.9421). These clauses often create confusion and frustration for policyholders during claim...

N.Y.: Senate, Assembly insurance committees to consider dog-breed law amendment

N.Y.: Senate, Assembly insurance committees to consider dog-breed law amendment

by Theophilus Alexander | May 21, 2024 | Advocacy

Following victories for pet-loving homeowners in 2021 and 2022, when Gov. Kathy Hochul signed Chapter 545 of the Laws of 2021 and Chapter 679 of the Laws of 2022—which prohibited insurance companies from refusing to issue, renew or increase premiums, as well as...

N.Y.: Supplemental spousal liability bill passes state Assembly

N.Y.: Supplemental spousal liability bill passes state Assembly

by Bradford J. Lachut, Esq. | May 15, 2024 | Advocacy

Legal requirements related to offering supplemental spousal liability coverage may get a little less confusing in New York state. A bill (A.9407), which would make important changes to the supplemental spousal liability coverage in auto policies, passed the state...

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.: Supplemental spousal liability bill passes state Assembly

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...

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