The 2024 legislative session in Connecticut was a tumultuous one for insurance-related matters. The Connecticut legislative calendar alternates between a long-session year and a short-session year. The 2024 session was a short session—characterized by two significant...
The impact of staged construction accidents on New York insurance premiums
Staged construction accidents have become a growing concern in New York, significantly affecting the property/casualty insurance sector. This fraudulent activity undermines the integrity of the construction industry and leads to substantial financial repercussions for...
New York implements new law for fair insurance practices in affordable housing
On April 20, 2024, Gov. Kathy Hochul signed into law Chapter 56 of the Laws of 2024, marking a decisive change in how insurance companies can interact with property owners who house tenants utilize federal housing vouchers. According to an investigative report by the...
N.Y.: Legislative setbacks: Excess-line reform, staged construction accidents, and more
The 2023-24 legislative session in New York saw a flurry of activity, with legislators in both houses passing hundreds of bills. Despite this progress, several bills on PIANY’s radar did not pass the Legislature. Some bills passed one house but not the other, while...
N.J.: Supreme Court rules all commercial property owners are liable for sidewalks
Recently, the Supreme Court of New Jersey reversed a lower court decision in the case of Alejandra Padilla v. Young Il An, holding that all commercial property owners, including owners of vacant commercial lots or lots where there is no active business being...
N.Y.: New pet insurance legislation: Implications for independent insurance agents and clients
New York’s pet owners and their beloved companions are set to benefit from newly passed legislation that formalizes the regulation of pet insurance in the state. While pet insurance has been available for years, this landmark move introduces a clear and structured...
N.J.: Clarifying duties and liabilities of private beach owners under S.1709
Sponsored by Sens. Declan J. O’Scanlon, Jr., R-13, and Paul A. Sarlo, D-63, S-1709 would clarify the duties and liabilities of private beach owners and lessees regarding injuries suffered by beachgoers. The legislation would provide that private beach owners or...
Vt.: Stricter penalties for retail theft of merchandise—new law effective now
Vermont will enforce a new law aimed at curbing retail theft by increasing penalties for offenders, effective July 1, 2024. This new law is a response to rising concerns over retail theft and its impact on businesses and communities. Here's what you need to know about...
N.H.: New boating safety law signed by Sununu
Gov. Chris Sununu signed H.B.1046, which targets boater safety, into law on June 11, 2024. Effective Wednesday, Jan. 1, 2025, this new law requires that boat operators involved in accidents resulting in death, injury, or property damage must immediately stop and...
N.Y. Legislature passes amended ‘wrongful death’ bill; awaits action from governor
The state Assembly and Senate passed the bipartisan A.9232-B and S.8485-B on June 4 and June 5, respectively—marking the third consecutive year the state Legislature has acted on bills to address the wrongful death issue. Sponsored by Sen. Brad Hoylman-Sigal, D-47,...