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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…

Albany Update State Budget New York State Budget Finalized After nearly two months of stalemate, and the passage of multiple extenders, the last of the budget bills have been introduced and are currently being voted on. Both houses of the legislature are expected to finish voting in the near future. Notably on Thursday, May 7,…

Albany Update 05.15.2026 In this issue … State Budget Developments Governor Announces Loan for Affordable Housing Insurance Coverage WCB Updates Process for Requesting Records DFS Approves NYCIRB Revised Rating Values NYCIRB Files Request for Loss Cost Decrease Property and Casualty Industry’s Legislative Action Day Bills on the Move State Budget Developments Both houses passed another…