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…
News
NY Workers’ Comp Assessment Rate To Decrease
The New York State Workers’ Compensation Board has announced that the state assessment rate for calendar year 2025 will be 7.1%. It applies to the standard premium or premium equivalent. For example, if…
This Is Your Association & You Are Invited to Get Involved!
Big I New York needs your expertise and your ideas. Our volunteer leaders drive the future of the association, and in turn, your agency. The Board of Directors sets the…
Supporting Future Leaders & Attracting New Talent
By: Jim Lombardo, AVP of Learning & Development at Big I NY I probably don’t have to tell anyone reading this that the insurance industry is amid a talent crisis –…
E&O Report | Part 1: The Current State of E&O Law and How We Got Here
E&O Report | December 2024 | Volume 39, Number 12 This is the first in 3-part series on the current state of E&O law and how we got here. We will address the the Stands-in-the-Shoes…
Sharing Recipes: A Culinary Bridge Between Generations
Food has a way of connecting us across time and space. Dust off an old recipe card from a loved one and bring it back to life in your kitchen.…
Governor Hochul Acts on Windstorm Trigger and Anti-Concurrent Causation Legislation
It was a busy Friday afternoon for Governor Hochul as she acted on several bills sent to her desk for action. Hurricane Windstorm Deductible Trigger: Gov. Hochul APPROVED A.2866/S.4199, which directs the superintendent…
What to Expect When You Get a Fair Market Valuation
by Whether or not a sale is on the horizon, knowing the financial health and value of your agency is vital for every agency owner. For many, the current M&A…
Big I NY Joins Consumers for Fair Legal Funding Coalition
Big I NY is pleased to share that we have become a member of Consumers for Fair Legal Funding— a coalition that supports regulation of the lawsuit lending industry through transparency,…
DFS: Beware Remote Workers With North Korean Ties
The New York State Department of Financial Services (DFS) has cautioned the businesses it regulates that some remote technology workers may be secretly acting on behalf of the North Korean…
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