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Albany Update 09.16.2026

Albany Update 09.16.2026 In this issue … NYIA Updates Filing Considerations Document NYIA Meets with Governor’s Office on Dog Liability NYIA Attends 2026 NYCIRB Forum DFS Prepares for Auto Excess Profit Law Changes DFS Proposes Regulation on Flex Band Changes DFS Issues Guidance on Cybersecurity Risk Assessment WCB Updates Schedule Loss of Use FAQs NYIA…

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Albany Alert: DFS Proposes Regulation on Flex Band Changes

Albany Alert: DFS Proposes Regulation on Flex Band Changes DFS has proposed a regulation to repeal flex rating increases for non-business auto filings to correspond with the enacted budget provisions. As a reminder, the repeal of the flex band for nonbusiness auto increases will take place on November 27. The proposed regulation also includes the…

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Albany Update 07.14.2026

Albany Update 07.14.2026 In this issue … DFS Hosts Webinar on Motor Vehicle Reforms Updated Responses on Premium Change Notifications NY Courts Propose Changes to Surrogates Court Rule on Litigation Financing Disclosures DFS Adopts Regulation on Changes to NF-10 Form Governor Issues Executive Order on Regulatory Reset DFS Hosts Webinar on Motor Vehicle Reforms DFS…

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Albany Alert: Recent Developments Regarding Compliance Requirements

Albany Alert: Recent Developments Regarding Compliance Requirements Given the range of implementation and compliance requirements that the industry is currently working through, NYIA wants to be sure to ensure there is clarity for members. Please see recent developments in relation to these requirements below. 2026 Motor Vehicle Insurance Reforms DFS issued Insurance Circular Letter No.…

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Albany Update 07.01.2026

Albany Update 07.01.2026 In this issue … DFS Pre-Proposes Amendments on Free Trade Zone NYIA Attends Affordability Forum NAIC Security Incident WCB Proposes Amendments to Correct Contact Information DMV Proposed Regulation on Airport Transit Solicitation NYCIRB Files Set of Loss Costs WCB to Host Webinar for Claims Administrators DFS Pre-Proposes Amendments on Free Trade Zone…

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Enacted Law Bulletin 6.29.2026

Enacted Law Bulletin 6.29.26 The following bills have been enacted into law after being signed by Governor Hochul. Should you have any questions regarding these bills, please contact NYIA’s General Counsel, Bob Farley at (518) 432-4227 or bfarley@nyia.org.   A11366 (Taylor)/S10581 (Bailey)   An act to amend chapter 490 of the laws of 2017 amending…

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Albany Alert: DFS Releases FAQ on Premium Change Notices

Albany Alert: DFS Releases FAQ on Premium Change Notices The Department of Financial Services (DFS) has released a frequently asked questions page regarding the premium change statute that was enacted as part of the state budget. The department’s responses are now available on the DFS website. If you have any additional questions you would like…

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Albany Update 06.22.2026

Albany Update 06.22.2026 In this issue … Court Amends Rule on Attorney Advertising Governor Unveils First Wave of Regulatory Reforms in EXPRESS NY Initiative Insurance Extension Bills Delivered to Governor WCB Proposes Amendments to Correct Contact Information Court Amends Rule on Attorney Advertising The New York State Court Rules have been amended to relax attorney…

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Albany Update 06.12.2026

Albany Update 06.12.2026 In this issue … Budget Premium Change Notification Applicability Industry Inquiry on DFS Circular Letter No. 7 on Artificial Intelligence DFS Proposed Regulation on RBC Requirement WCB Chair Applauds Budget Legislation NCOIL Holds P/C Committee Meeting Budget Premium Change Notification Applicability As NYIA continues to collect questions on compliance with budget provisions,…

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