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Montana, New York Pass Certificates Bills Backed by PIA

In a major victory for PIA members, both Montana and New York have passed bills backed by PIA to address the large and growing problem all producers face when handling certificate of insurance requests...
July 10, 2013

In a major victory for PIA members, both Montana and New York have passed bills backed by PIA to address the large and growing problem all producers face when handling certificate of insurance requests. Montana and New York are two of eight states so far to consider a model law developed by the National Conference of Insurance Legislators at the urging of PIA.

In New York, the New York State Senate passed a bill, which was already approved in the New York State Assembly, and sent it to Gov. Andrew Cuomo for his signature. In Montana, State Sen. Fred Thomas (R), a past PIA National President, introduced the Certificates of Insurance Model Act (S. 158) and shepherded it to passage. It was signed into law on April 25, 2013 by Gov. Steve Bullock (D).

PIA National President Andrew C. Harris led the effort along with PIA National Assistant Vice President of Regulatory Affairs David M. Eppstein, Esq. Harris testified at several NCOIL meetings, urging the legislators to act because agents are increasingly being asked to add information to certificates of insurance that may not match the underlying policy terms. He also personally brokered a compromise with lenders to address their concerns.

PIA’s leadership on this issue broke a stalemate that had existed for decades. This achievement is a powerful example of what PIA is able to accomplish for the benefit of PIA members everywhere, when everybody works together.