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DFS Proposes Hurricane Deductible Trigger Regulation

The New York State Department of Financial Services (DFS) has formally proposed an amended regulation on hurricane deductible triggers. The department is accepting comments from the public until July 7th. The…

Aerial view of a hurricane

NY High Court Lowers Bar To Suing Over Dog Bites

It will be easier for victims of dog bites to hold pet owners liable thanks to a ruling last month from New York’s highest court. The Court of Appeals unanimously overturned…

Labrador retriever holding a stick in its mouth

Max Weekly NY WC Benefit Rising in July

​The New York State Workers’ Compensation Board has announced that maximum weekly disability benefit will increase to $1,222.42​. By law, the board adjusts the maximum weekly benefit each year, effective July 1st. The current…

Worker's compensation claim form

ACORD Updates Commercial Lines Application Forms

​Insurance industry standards setting organization ACORD has announced new editions of two commonly used application forms for commercial insurance. Agencies should start using the new editions immediately.  Forms ACORD 125…

Woman filling out form

DFS Floats Hurricane Deductible Trigger Regulation

The New York State Department of Financial Services (DFS) has posted a draft of an amended regulation on hurricane deductible triggers. The department has invited interested parties to share their initial…

Aerial view of a hurricane

ACORD Amends NY SSL Declination Form

​Insurance industry standards-setting organization ACORD ​has announced it has revised a form used with New York personal auto insurance applications. Form ACORD 65 NY (2025/03), New York Auto Supplement – Spousal Liability Insurance Declination Form, is…

Couple riding together in a convertible

New DFS Guidance on SSL Insurance

The New York State Department of Financial Services (DFS) today published instructions about the upcoming change to New York insurance law regarding Supplemental Spousal Liability (SSL) coverage under auto insurance…

Couple riding together in a convertible

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