Albany Update

Albany Update 03.10.2026 The Senate and Assembly have released their One House Budget Bills for fiscal year 2027. This summary highlights major provisions of note to the property and casualty industry following NYIA’s initial review. NYIA is continuing our review of the chamber’s One House bills and will report any further developments to members. If you…

Albany Update 03.06.2026 In this issue … NYC Council Introduces Legislation to Establish Office of Insurance Accountability DFS Provides Insights on DFS ID DFS Adopts Amendments on Repeal of Anti-Arson Application DFS Proposes Amendments on Peer-to-Peer Car Sharing  DMV Commissioner to Retire Effective April 30 WCB to Propose Regulation to Allow for Paying Without Accepting…

Albany Update 02.20.2026 In this issue … Governor Publishes 30-Day Amendments to Budget NYIA Launches TGFI Renters Resources Poll Shows Overwhelming Support for Governor’s Auto Insurance Proposals Governor Hochul Announces EXPRESS NY to Streamline Regulations WCB Implements Electronic Submission for Form RFA-2 Governor Publishes 30-Day Amendments to Budget Yesterday, Governor Hochul released her 30-day amendments…

Albany Update 01.21.2026 – Executive Budget Yesterday Governor Kathy Hochul released the Executive Budget for fiscal year 2027. The Legislature also announced the joint legislative hearing schedule on the Executive Budget proposal. These hearings, each of which focuses on a programmatic area of the Executive Budget, are intended to provide the appropriate legislative committees with public input.…