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The U.S. DOL’s 2024 rule and amendments: the new landscape of retirement investment advice

The U.S. DOL’s 2024 rule and amendments: the new landscape of retirement investment advice

by Bradford J. Lachut, Esq. | May 1, 2024 | General News

On April 23, 2024, the U.S. Department of Labor took significant steps to redefine the landscape of retirement investment advice through the release of the Retirement Security Rule. This regulation redefines who qualifies as an investment advice fiduciary under the...

The FTC’s new rule on noncompete agreements: What does it mean for agencies?

The FTC’s new rule on noncompete agreements: What does it mean for agencies?

by Bradford J. Lachut, Esq. | Apr 30, 2024 | Featured, General News

In a move poised to transform the labor landscape across the United States, the Federal Trade Commission has introduced a final rule that bans the use of noncompete agreements nationwide. This sweeping regulation—expected to significantly impact both employers and...

New CID bulletin on aerial imagery and underwriting, responding to complaints

New CID bulletin on aerial imagery and underwriting, responding to complaints

by Theophilus Alexander | Apr 24, 2024 | Featured, General News

On March 19, 2024, the Connecticut Insurance Department issued a bulletin to address the use of aerial imagery by insurance carriers in underwriting homeowners insurance, specifically in relation to decisions about roof condition. This bulletin responds to a rise in...

Cyber series: Non-New York businesses advice

Cyber series: Non-New York businesses advice

by Bradford J. Lachut, Esq. | Apr 2, 2024 | Technical

This article in the cyber series is for those individuals who may lack a significant physical or financial presence in New York state. Just because a person lacks a physical or financial presence in the state though, does not mean that the New York cyber security...

Cyber series: Compliance for covered entities

Cyber series: Compliance for covered entities

by Bradford J. Lachut, Esq. | Mar 20, 2024 | Featured, Technical

Prior articles in the cyber series have concentrated on what it means to be a covered entity. This article discusses what covered entities must do to comply with New York’s cyber security regulation (23 NYCRR 500). Understanding covered entities Covered entities are...

PIANY-priority windstorm definition legislation passes state Assembly

PIANY-priority windstorm definition legislation passes state Assembly

by Bradford J. Lachut, Esq. | Mar 20, 2024 | Featured, General News

The New York state Legislature may be right in the middle of budget negotiations, but the Assembly took a break from the budget to pass one of PIANY’s top legislative priorities for the 2024 legislative session. The Assembly passed A.2866—which requires the New York...

Cyber series: Compliance for limited exempt entities

Cyber series: Compliance for limited exempt entities

by Bradford J. Lachut, Esq. | Mar 12, 2024 | Technical

Prior articles in the cyber series have concentrated on what it means to be a covered entity. This article transitions into discussing what covered entities that qualify for a limited exemption must do to comply with New York’s cyber security regulation (23 NYCRR...

N.Y.: Navigating the rise of e-bikes and e-scooters in the Big Apple

N.Y.: Navigating the rise of e-bikes and e-scooters in the Big Apple

by Theophilus Alexander | Mar 12, 2024 | General News

E-bikes and e-scooters have surged in popularity as efficient, eco-friendly and fun alternatives to traditional vehicles—offering a compelling solution to urban congestion and contributing to the reduction of greenhouse gas emissions. Their accessibility and ease of...

What PIA members need to know about the Corporate Transparency Act

What PIA members need to know about the Corporate Transparency Act

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

While the Corporate Transparency Act became law on Jan. 1, 2021, you may just be hearing about it now. That is because it became effective as of Jan. 1, 2024, and it has created new business reporting requirements on a federal level for smaller businesses. The law’s...

Cyber series: Compliance for Class A Companies

Cyber series: Compliance for Class A Companies

by Bradford J. Lachut, Esq. | Mar 4, 2024 | Technical

Prior articles in the cyber series have concentrated on what it means to be a covered entity. This article transitions into a discussion about what covered entities must do to be in compliance with New York state’s cybersecurity regulation (23 NYCRR 500). This...

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