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Albany Update 03.23.2026
Albany Update 03.23.2026 In this issue … Governor Hochul Holds Rally to Highlight Auto Insurance Proposals NYIA Budget Materials on Auto Proposals NYIA Engages with Executive on Proposed Changes to WC Fee Schedules Business Council Launches New Website on Affordable Legislation WCB Proposes Regulations to Allow Payment Without Accepting Liability WCB Delays Launch of New…
Read MoreLegislative Introduction Bulletin 03.16.26
Legislative Introduction Bulletin 03.16.26 Legislative Introduction Bulletin 03.16.26 contains bills of interest that have been added to NYIA’s tracking list from March 1, 2026 to March 13, 2026. If you would like a copy of a particular bill or sponsor memo, please visit the Senate or Assembly websites, which are linked in the bulletin. The…
Read MoreAlbany Alert: 30-Day Penalty Waiver for Excess Line Broker Annual Tax Filing
Albany Alert: 30-Day Penalty Waiver for Excess Line Broker Annual Tax Filing DFS sent out the notice below regarding a waiver of penalties for excess line broker tax filings until April 14, 2026. Pursuant to New York Insurance Law Section 2118(d)(3), DFS-regulated excess line brokers are required to pay taxes on all business they procure and, pursuant to Section 27.8 of Insurance Regulation 41, to execute and…
Read MoreAlbany Update 03.10.2026
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…
Read MoreAlbany Update 03.06.2026
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…
Read MoreLegislative Introduction Bulletin 03.02.26
Legislative Introduction Bulletin 03.02.26 Legislative Introduction Bulletin 03.02.26 contains bills of interest that have been added to NYIA’s tracking listfrom February 15, 2026, to February 28, 2026. If you would like a copy of a particular bill or sponsor memo, please visit the Senate or Assembly websites, which are linked in the bulletin. The document…
Read MoreAlbany Update 02.20.2026
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…
Read MoreEnacted Law Bulletin 2.18.2026
Enacted Law Bulletin 2.18.26 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) 986-2037 or bfarley@nyia.org. A9442 (Magnarelli)/S8808 (Cooney)Â AN ACT to amend the financial services law, in relation to litigation funding; to…
Read MoreLegislative Introduction Bulletin 02.19.26
Legislative Introduction Bulletin 02.19.26 Legislative Introduction Bulletin 02.19.2026Â contains bills of interest that have been added to NYIA’s tracking list between January 31, 2026 and February 14, 2026. If you would like a copy of a particular bill or sponsor memo, please visit the Senate or Assembly websites, which are linked in the bulletin. The document…
Read MoreAlbany Update 01.21.2026 – Executive Budget
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.…
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