PIANY is backing a new legislative proposal that would allow the Department of Financial Services to hire consultants to assist in reviewing insurance rate and form filings. The bill, S.5321, sponsored by Sen. Jamaal Bailey, D-36, would streamline the approval process...
The 2024-25 legislative session in New Jersey is past its midpoint, and PIANJ is tracking numerous bills that could impact the insurance industry significantly. From motor vehicle liability to home improvement contracts and personal injury protection, these proposed...
New York state insurance agents and brokers may soon have a more flexible and practical way to meet their continuing-education requirements, thanks to a new bill introduced in the state Legislature. Senate bill S.6122 and Assembly bill A.6652, sponsored by Sen. Jamaal...
PIACT members and staff testified before the Connecticut General Assembly’s Insurance and Real Estate Committee in strong support of H.B.6981 on Feb. 27, 2025. This legislation would remove the due-diligence requirement for placing risks in the nonadmitted insurance market when done through an unaffiliated surplus-lines broker. PIACT was represented by Treasurer Kathleen Bailey, CPIA, ACSR, CLCS; past President James Berliner, CPCU; Member Raymond Chase, CLCS; and PIACT Director of Government & Industry Affairs Bradford J. Lachut, Esq. (pictured above.)
The New Hampshire Insurance Department has issued Bulletin Docket #INS 25-016-AB, to address the increasing reliance on aerial imagery in property underwriting. The bulletin highlights concerns about insurers refusing to write or renew homeowners policies based solely...
As the New York state Legislature convenes for its new session, new bills and regulatory proposals are being introduced, and PIANY is carefully assessing their potential impact on the insurance industry to shape its advocacy priorities for the year ahead. In doing so,...
PIANY is actively tracking key legislation in the 2025-26 session that could impact the insurance industry. Below is a roundup of the bills we’re watching, grouped by PIANY priorities, and other important industry-related legislation. Click on each bill to read more...
E-bikes and e-scooters have become an essential part of New York state’s transportation network, offering a low-cost, eco-friendly alternative to cars. Yet, their growing presence on the streets also has sparked debates over safety, liability and regulation. In...
High insurance premiums are a growing concern for both policyholders and insurance professionals. While many factors contribute to rising costs, fraud and legal loopholes often play a significant role. That’s why PIANY is advocating for legislative reforms that target...
To enhance consumer protections and promote fairness, a new bill has been introduced in Connecticut that would impact what factors insurers can use in underwriting. If passed, this legislation would amend Title 38a of the general statutes and would prohibit insurers...