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Conn: Bill would ban credit history as an underwriting factor for homeowners insurance

Conn: Bill would ban credit history as an underwriting factor for homeowners insurance

by Danielle Caswell, Esq. | Jan 22, 2025 | Advocacy, Featured, General News

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...

Sen. Jamaal T. Bailey: Chairing the New York State Senate Insurance Committee

Sen. Jamaal T. Bailey: Chairing the New York State Senate Insurance Committee

by Bradford J. Lachut, Esq. | Jan 16, 2025 | Advocacy, Featured

Sen. Jamaal T. Bailey has been named chair of the New York State Senate Insurance Committee, a role that will position him to shape legislation affecting the state’s insurance industry. Representing New York’s 36th state Senate District since 2016, Bailey’s...

N.Y.: Anti-arson applications: Outdated, burdensome and harmful to consumers

N.Y.: Anti-arson applications: Outdated, burdensome and harmful to consumers

by Bradford J. Lachut, Esq. | Jan 15, 2025 | Advocacy

For decades, New York’s Section 3403 of the Insurance Law has required property owners to complete an annual anti-arson application as a condition for obtaining property insurance coverage for fire or explosion damages. While this mandate was created in the late 1970s...

Sen. Jamaal T. Bailey: Chairing the New York State Senate Insurance Committee

PIANY’s 2025 legislative priorities: Advocating for change in New York’s insurance landscape

by Bradford J. Lachut, Esq. | Jan 8, 2025 | Advocacy, Featured

As we kick off 2025, PIANY has unveiled its legislative priorities for the year. These initiatives aim to modernize New York state’s insurance regulations, reduce administrative burdens, and promote fairness and transparency. Let’s take a closer look at the key areas...

Infrastructure series: Transportation spending and its impact on insurance

Infrastructure series: Transportation spending and its impact on insurance

by Bradford J. Lachut, Esq. | Jan 8, 2025 | Featured, General News

The passage of the Infrastructure Investment and Jobs Act in 2021 represents one of the most significant investments in U.S. infrastructure in decades. Allocating $1.2 trillion over 10 years, the act emphasizes modernizing transportation systems, repairing aging...

Corporate Transparency Act: What agents need to know after recent court ruling

Corporate Transparency Act: What agents need to know after recent court ruling

by Shirley Albright, CPIA, CISR | Dec 19, 2024 | Featured, Technical

The Corporate Transparency Act became law on Jan. 1, 2021, and it officially took effect on Jan. 1, 2024. The legislation was introduced to enhance transparency in entity ownership structures to combat money laundering, tax fraud, and other illicit activities. It...

Infrastructure series: Aviation initiatives are taking flight

Infrastructure series: Aviation initiatives are taking flight

by Danielle Caswell, Esq. | Nov 5, 2024 | General News

The holidays are fast approaching, and with millions of Americans expected to travel in the upcoming months, we are once again reminded that many of our nation’s airports are quite insufficient and lag behind competitors. Airports serve as critical hubs for trade and...

Buyer beware: The haunting Ackley Manor case

Buyer beware: The haunting Ackley Manor case

by Bradford J. Lachut, Esq. | Oct 28, 2024 | Featured, General News

The Halloween season is well underway. It’s a time for spine-chilling tales and eerie encounters with the supernatural. When I am looking to scratch my supernatural itch, I don’t reach for Frankenstein or Dracula—I reach for my good old copy of the Appellate Division...

Upcoming compliance deadlines for N.Y. cyber security regulation: MFA, annual training

Upcoming compliance deadlines for N.Y. cyber security regulation: MFA, annual training

by Danielle Caswell, Esq. | Oct 23, 2024 | Featured, General News

PIA Northeast published a seven-part series earlier this year that dove into the intricacies of the amended cyber security legislation in New York state. One article discussed the expansion of the entities that fall under the limited exemption for covered entities. As...

PIA Northeast goes to Washington, D.C.

PIA Northeast goes to Washington, D.C.

by Bradford J. Lachut, Esq. | Sep 24, 2024 | Advocacy, General News

Independent insurance agents from across the country convened in Washington, D.C., Sept. 18-19 for the 2024 PIA National Federal Legislative Summit. With legislation impacting businesses and consumers at stake, agents met with members of Congress to ensure their...

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