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2019 New York State Paid Family Leave Updates

By Employee Benefits, Insurance News

Year 2 of New York State’s Paid Family Leave On August 31st, New York’s Department of Financial Services (DFS) published the NY Paid Family Leave (PFL) rate for the 2019 calendar year. For 2019, the maximum contribution rate for Paid Family Leave will go from 0.126% to 0.153% of the employee’s gross annualized wages capped at the new annualized New York State Average Weekly Wage (NYSAWW) of $70,569.72* per year (learn more here);  which translates to a maximum annual premium contribution of $107.97 per employee. The rate for Paid Family Leave has been increased 21.4%. This takes into consideration the increase of benefits for 2019 which has also…

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Neighbor’s Tree Fell on your Property? Who Pays?

By claims, Homeowners Insurance, Insurance News

When the Neighbor’s tree falls on your property…who pays? Have you ever wondered what would happen if that giant ash tree of your neighbor’s decided to take a fall…onto your house? Trees are wonderful, grand specimens that mother nature has so generously provided to us. Unfortunately, every tree will eventually make its way to the ground. Unless, it gets stopped along the way. Then what? For those who have never had this happen, your first call might be to your neighbor to say “Good morning, your decrepit tree came down and caved in my roof last night. Let’s get your…

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