The New York state Senate passed A.9284-A on May 10, 2022, with a 49-13 vote. This bill—sponsored by Assemblymember Deborah J. Glick, D-66—would be a chapter amendment to the 2021 dog breed law. It would close a loophole in the current law by...
PIANY legislative priority passes Assembly
On May 9, the New York state Assembly passed S.8127, which would simplify the excess-line insurance placement affidavit requirements brokers must complete before placing insurance in the excess marketplace. The bill passed the state Senate on March 23, so the final...
A legacy: NFIP rating system’s past and future
Traditionally, a legacy is something that is handed down from one generation to the next. In the legal world, it is literally an amount of money or property left to someone. More philosophically, a legacy can be an idea, mission, or purpose that future generations are...
Increase Law & Ordinance coverage for homes in SFHA flood zones
Did you know that the Federal Emergency Management Agency’s substantial damage rule applies to any building damage … not just flood damage? That’s right, even common homeowners policy perils such as wind, fire and/or water damage could trigger the requirement for a...
N.Y.: Possible changes coming to New York’s dog breed law
The New York state Assembly passed A.9284-A on March 30, 2022, with a 114-32 vote. This bill—sponsored by Assemblymember Deborah J. Glick, D-66—would be a chapter amendment to the 2021 dog breed law. It would close a loophole in the current law by prohibiting insurers...
NOAA predicts a mild, warm Northeast this spring
Recently, the National Oceanic and Atmospheric Administration released its climate predictions for April, May and June. After a winter that was mild for some—and not so mild for others—this spring could be a much-needed break. However, some of these predictions come...
Do you know the ins and outs of personal- and commercial-lines policies?
Personal- and commercial-lines insurance policies are nuanced. If you know how each policy will respond to an insurance claim, you can help your clients be better prepared ahead of time. Quiz yourself with the following examples: Do both personal- and commercial-lines...
N.Y.: Top PIA-priority legislation passes state Assembly
The New York state Assembly passed A.6877—sponsored by Assemblyman Kenneth Zebrowski, D-96—yesterday. This bill is one of PIA’s top legislative priorities, and it would allow insurance carriers to waive the photo inspection requirement when clients purchase physical...
N.Y.: Defining windstorms in New York homeowners insurance
Each summer, meteorologists watch the weather over the Atlantic Ocean carefully for any signs of hurricanes forming and they determine if the storm gets big enough to earn a name. While the Oxford Learner’s Dictionary defines a hurricane as, “violent storm with very...
N.Y.: The importance of the Regional Advisory Councils
PIA just concluded its most recent round of Regional Advisory Council meetings. What are RACs? I’m glad you asked. As a completely biased writer who has attended nearly a hundred RAC meetings throughout the years, they are one of the most valuable experiences that PIA...