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Law, Accounting & Taxes

State law sets insurer-coverage requirements for hate crimes

A new state law prohibits insurance companies from canceling insurance, raising premiums, refusing to issue a policy, or declining to renew a policy solely on the basis that one or more claims have been made for a loss that is a result of a hate crime, New York Gov. Kathy Hochul recently announced. The new law will […]

State increases minimum wage for upstate New Yorkers

Workers outside of New York City, Long Island, and Westchester County received a $1 per hour increase in their minimum wage from $13.20 to $14.20 on Dec. 31. The increase was part of the state’s minimum hourly wage phase-in for upstate counties, the office of Gov. Kathy Hochul announced Dec. 21.  It follows a “statutorily

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