Albany Update

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…

Albany Update 09.04.2026 In this issue … Potential Litigation Reforms Proposed by Housing & Construction Groups WCB Revises Amendments to Medical Fee Schedules NYIA Meets with NYC Council on Surveillance Pricing Bill New York City Junk Fee Regulation Updates Court Rules Climate Superfund Act is Preempted by Federal Law Potential Litigation Reforms Proposed by Housing…

Albany Update 08.14.2026 In this issue … NYC Council Passes Bill to Establish Insurance Affordability Office NYC Hearing on Junk Fee Proposed Rule DFS Issues Alert on Active Cyberattack WCB Updates Forms OC-RR and OC-110A WCB Proposes Repeal of Health Care Provider Practice Committees and Medical Appeals Unit WCB Proposes Repeal of Certification of Questions…

Albany Update 08.07.2026 In this issue … DFS Updates “Insured Value Added” Interpretation DFS Proposes Amended Special Risk Regulation NYIA Attends NCOIL Summer Conference DFS Updates Cybersecurity Resource Center Governor Hochul Announces Savings in Workers Compensation Insurance DFS Approves NYCIRB Loss Cost Indication DFS Approves NYCIRB Revised Rating Values DFS Approves Amendments to NY Statistical…

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…

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…

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…

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,…

Albany Update Session Snapshot The regularly scheduled legislative session has concluded with the Assembly gaveling out this evening. The Senate previously adjourned in the early morning. Linked here is NYIA’s Session Snapshot report, which provides the status of many key pieces of legislation for the property and casualty insurance industry that have progressed this year. The bills that passed both houses,…

Albany Update 06.02.2026 In this issue … Legislature Passes State Budget Bills on the Move DFS Adopts Regulation on Peer-to-Peer Car Sharing NYCIRB Releases Pamphlet on Data Submissions to Phoenix Legislative Introduction Bulletin Legislature Passes State Budget After nearly two months of stalemate, and the passage of multiple extenders, the last of the budget bills…