The New York state Senate has issued a sweeping request for information on the state’s residential property insurance market—signaling the start of what could become a fast-moving legislative push to address skyrocketing premiums, shrinking availability and increasing...
Can you believe it’s been just over a month since President Donald Trump signed the One Big Beautiful Bill Act into law on July 4? It practically shipped with fireworks—and for those of us in the insurance world, it brought more than a few sparks. Some were good, a...
The New York State Department of Financial Services has finalized a regulation establishing a standardized definition of “hurricane” for homeowners insurance policies statewide—marking a significant win for consumer clarity and policy transparency. This action...
PIANJ has submitted formal comments in strong opposition to a proposed rule by the New Jersey Department of Labor and Workforce Development that would expand the application of the ABC test for determining independent contractor status under state labor laws...
The New Jersey Department of Labor is proposing a sweeping new rule that could disrupt how independent insurance agents do business fundamentally. The proposed regulation expands the ABC test—the legal standard used to determine whether a worker is an...
The Connecticut Insurance Department has issued Bulletin PC-92-25 to clarify and update the rules for personal-lines insurance rate filings under the state’s flex-rate filing provisions. What is flex rating? Flex rating allows insurers to adjust rates for...
Is your agency prepared for the impact of new cyber security regulations and cyber policy restrictions? Nov. 1, 2025, is a key date when the bellwether New York Department of Financial Services cyber security regulations will take effect for Class A companies. No,...
PIANJ previously alerted members to a deeply concerning regulatory proposal from the New Jersey Department of Labor and Workforce Development. This proposal—N.J.A.C. 12:11—would dramatically expand the state’s interpretation of the “ABC test” for classifying...
The New Jersey Department of Labor and Workforce Development has introduced a proposed regulation—N.J.A.C. 12:11—that would codify and expand its interpretation of the “ABC test” that is used to determine whether a worker is classified as an employee or an independent...
Beginning Thursday, May 1, 2025, the next wave of cyber security compliance requirements under the amended New York State Department of Financial Services’ regulation (23 NYCRR 500) will go into effect. These rules will apply differently depending on your exemption...