Yearly Archives: 2022

NYAIP Adds ‘Intersex’ and ‘Unspecified’ Gender Classifications

​The New York Automobile Insurance Plan (NYAIP) has announced forthcoming rule changes to create "intersex" and "unspecified" gender classifications used in developing premiums for drivers of vehicles insured through the Plan. The changes take effect on December 1, 2022.The effected rules are:Rule 22, Private Passenger Automobile Classifications, is amended to include a youthful intersex and unspecified classification and revise the definition of youthful operator to include intersex and unspecified. Rule 27, Driver Training Credit, is amended to reference classifications for youthful operators under the age of 21. Rule 42, Named Nonowner Coverage​, ​​is amended to revise the definition of youthful operator to include intersex and unspecified.​The Class Factors Table in the Private Passenger Automobile Rate Chapter is…

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URGENT: Add Sexual Harassment Hotline Info To Your Employee Handbooks

New York businesses are required to inform their employees about a new sexual harassment hotline, under a law that took effect in July. We urge all of you to add this information to your employee handbooks as soon as possible.The law​, which became effective on July 14, required the state Division of Human Rights to set up "a toll free confidential hotline to provide individuals with complaints of workplace sexual harassment counsel and assistance.​" ​Attorneys experienced in counseling individuals with sexual harassment complaints staff the hotline on a pro-bono basis. The law also requires the DHR to work with the state Labor Department ​​"to ensure that information on the…

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ELANY: DFS is Fining Brokers For Pattern of Late Filings

​The Excess Line Association of New York (ELANY) has warned New York licensed excess line brokers of stepped-up enforcement of document filing requirements. In a bulletin ​dated August 15, 2022, the association said that the New York State Department of Financial Services (DFS) has been issuing fines to excess line brokers who "demonstrate a pattern of late policy document filings with ELANY."The fines have been in the tens of thousands of dollars, the association said, with at least one reaching six figures. These are on top of the late-filing fees that ELANY imposes. Many states, including New York, require licensed producers to notify them of…

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