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  1. Do employees need to be licensed if the agency has a nonresident license? | Ask PIA

    Our firm has several nonresident licenses in our business name. The partners have corresponding personal nonresident licenses. Would there be any need for our employees to also have nonresident licenses?

    Whether your employees would need to have nonresident licenses would depend on the state or states in which you are doing business and the types of activities your employees would be engaging in. Many states allow employees of an insurance agency to perform “clerical duties” for the firm without being...

  2. Nail salon bond requirements | Ask PIA

    What are the insurance requirements for nail salons?

    In May 2015, Gov. Andrew M. Cuomo announced a multi-pronged effort to reform the nail salon industry in New York state by correcting and preventing unlawful practices and unsafe working conditions. Part of this initiative involves the type of insurance and bonding these salons must have in place. The Division...

  3. PIP coverage—health as primary | Ask PIA

    How does the health-as-primary option work?

    The named insured may choose a health insurer to provide primary medical expense benefits for an automobile accident instead of claiming PIP benefits coverage on the automobile policy. When that choice has been made, it applies to resident relatives, but not to nonfamily claimants. All family members must be...

  4. PIP coverage—pros and cons of the health-as-primary option | Ask PIA

    What are the consequences of choosing the health-as-primary option?

    The advantages of choosing the health-as-primary option are that: premiums are reduced; and there is continuity among automobile and other medical claims. The disadvantages of choosing the health-as-primary option are that: settlements become more complex when the PIP insurer fills gaps; and if the health plan...

  5. Paid Family Leave—taxes for payouts | Ask PIA

    Are Paid Family Leave benefits pre- or post-tax?

    According to guidance released by the New York State Department of Taxation and Finance, benefits paid to employees will be taxable nonwage income that must be included in federal gross income. Taxes will not automatically be withheld from benefits, but employees can request voluntary tax withholding.

  6. Paid Family Leave—taxes for collection | Ask PIA

    Are employee contributions collected from the employee’s pre- or post-tax income?

    According to guidance released by the New York State Department of Taxation and Finance, the premiums will be post-tax, i.e., deducted from an employee’s after-tax wages. Employers should report employee contributions on Form W-2 in Box 14: State disability insurance taxes withheld.

  7. PIP coverage—PIP as secondary | Ask PIA

    What are the consequences of choosing the health-as-primary option?

    Since health insurers are permitted to pay according to their own terms, there could be some gaps. So, to the extent eligible PIP benefits are not covered by the health plan, they may be secondarily covered by the auto insurer. However, these benefits will be: offset by the...

  8. Carrier website agency agreements | Ask PIA

    Quite often when a carrier updates their website, there appears to be a contract or agreement that we must accept before advancing in their website. By accepting these new terms, am I amending my carrier/agency agreement?

    I think we have all seen these pages, where you cannot advance before you click the button on the bottom of the page that states “I have read and agree to these terms ...” or something to that effect. In most agency agreements, there is a provision requiring that any...

  9. Driveway easement | Ask PIA

    I have a client who is buying a house directly in front of another house. The other homeowner must travel about 10 feet on the client’s driveway to gain access to his home. An easement has been executed to give the other homeowner legal access to his home. How can my client...

    Your neighbor has an access easement for ingress and egress—that is, a right to get into and out of his own property by means of your client’s property. So, how do the client and the neighbor obtain coverage on their homeowners policies? Your client. Your client is covered by...

  10. Employee theft of data | Ask PIA

    I’m looking for coverage information to properly provide insurance coverage for an insured whose employee “steals” the identity of their customers whether it be information taken from a physical file or information taken from a computer, file server or the internet. What coverage would be needed for the insured to...

    This is a significant problem. Liability for the theft of electronic data is an element of broader cyberliability exposures. Many insurance products exist, or are in development, to cover these exposures; some are currently being offered in the excess-line market. They go by such names as cybersecurity, cyber risk, cyberliability,...

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