NEWS RELEASE – Big I NY Urges Veto of Wrongful Death Bill
(DeWitt, New York, Dec. 12, 2024) — David Bodenstein, chair of the board of Big I New York and president of Mike Preis, Inc. in Jeffersonville, New York, issued the following statement today in response to the delivery to New York Gov. Kathy Hochul of Assembly Bill 9232-B. This bill would expand the categories of damages that could be recovered in a lawsuit for an alleged wrongful death.
“Big I New York and its member independent insurance agents and brokers strongly oppose this costly bill. While we all want to see the families of accident victims fairly compensated, current law already gives them the ability to pursue that. This unnecessary bill will drive up costs for all New Yorkers, including small businesses, by forcing higher liability insurance premiums. It is already extremely difficult for some New York businesses to even purchase liability insurance, and this bill would make that vital coverage even less available.
New York cannot afford one more cost hike. We urge Gov. Kathy Hochul to protect all New Yorkers by vetoing this bill.”
Big I New York has represented the common business interests of independent insurance professionals since 1882. More than 1,750 agencies and their 13,000-plus employees currently rely on the DeWitt, New York-based not-for-profit trade association for legislative advocacy, continuing education, and other means of industry support. In addition, most Big I New York members proudly identify themselves as Trusted Choice® agents and brokers, a national consumer brand uniting more than 21,000 independent agencies across the United States. For more information, go to www.trustedchoice.com or www.biginy.org.
Topics
