Deadline For New Cybersecurity Reg Requirements is Nov. 1st
We’d like to remind all Big I New York members of the upcoming deadline for compliance with new cybersecurity requirements. Last November 1st, the New York State Department of Financial…
News
DFS Cybersecurity Alert: Hackers Infiltrating Help Desks
The New York State Department of Financial Services (DFS) last week warned all financial services companies of a new cybersecurity threat targeting information technology (IT) help desks and service centers. A letter dated…
Big I NY Advocacy Secures Critical Supplemental Spousal Liability Reforms
Thanks to the advocacy efforts of the Big I NY legislative team and members, Gov. Hochul has signed into law a bill that narrows the Supplemental Spousal Liability (SSL) opt-out…
Local Leaders from Around the State Come Together
Local Association leaders from across the state met in Cazenovia this week to connect and exchange ideas and solutions to challenges. Discussion topics ranged from NextGen in action, attracting diverse…
Urge Gov. Hochul to Quickly Sign the SSL Reform Bill
Last Friday the State Assembly delivered the Supplemental Spousal Liability (SSL) reform bill (A.9407A/S.9021A) to Governor Hochul, giving her 10 days to act. It’s not too late to voice your…
NYAIP Reminds Producers To Verify Insureds’ Identities
The New York Auto Insurance Plan (NYAIP, also known as “the Plan”) is reminding insurance producers to take precautions when transacting business with Plan insureds by phone or email. The…
Do I Have To Take the Enhanced Flood Insurance Instruction Course?
Question: “I have a property-casualty insurance license and occasionally sell flood insurance through one of our carriers or one of the private flood insurance markets, but not directly through the…
E&O Report | Summer’s End: Hodge Podge & Potpourri
E&O Report | September 2024 | Volume 39, Number 5 First, I hope that everyone’s summer was fun, relaxing and not as short as it feels as I write this. Second, despite many years of…
What is a Carrier Required To Do When It’s Pulling Out of a Market?
A national insurance carrier announced yesterday afternoon that it is exiting the personal lines insurance markets countrywide. To find out what the carrier’s legal obligations are under New York law,…
NYSIR’s AM Best Rating Withdrawn
UPDATE: Since we posted this news item, we have learned that NYSIR is a “municipal reciprocal insurer,” as New York Insurance Law Section 6102 defines that term. That same section of the law permits…
Filters
- News (1)
- Ask Tim (160)
- Advocacy (75)
- Industry News (74)
- Cyber (26)
- E&O Report (23)
- Association News (16)
- Culture Corner (12)
- NextGen (8)
- Carriers (4)
- Tech (4)
- Marketing (4)
- Education (4)
- Human Resources (3)
- Consulting (3)
- On Our Minds (3)
- Solutions (2)
- Agency Valuation & Perpetuation (2)
- Get to Know Your Board (2)
- Your Good News (2)
- Sue's Picks (1)
- Get to Know Our Staff (1)
- Auto Insurance (35)
- Department of Financial Services (DFS) (29)
- Homeowners Insurance (24)
- Personal Lines (24)
- Commercial Lines (22)
- Workers' Compensation (19)
- Liability Insurance Policy (16)
- Scaffold Law (16)
- Cybersecurity Regulation (14)
- Conditional Renewals (14)
- Policy Non-Renewals (14)
- Third Party Litigation Funding (TPLF) (11)
- Multi-Factor Authentication (MFA) (10)
- Labor Law (10)
- Policy Cancellations (9)
- Excess & Surplus Lines (E&S) (9)
- Flood Insurance (8)
- Premium Changes (8)
- Fraud (8)
- E&O (8)
- Certificates of Insurance (8)
- New York City (8)
- Governor Kathy Hochul (7)
- General Liability (7)
- Property-Casualty Agent's (PC) License (7)
- Hard Market (6)
- Cybersecurity Incident (6)
- Additional Insured Coverage (6)
- Anti-Arson Application (6)
- Excess Liability Coverage (6)
- Licensed Insurance Broker (6)
- Affordability (6)
- New York Auto Insurance Plan (NYAIP) (5)
- Supplemental Spousal Liability (SSL) (5)
- G100 (5)
- Grassroots Advocacy (5)
- Young Agents (5)
- National Flood Insurance Program (NFIP) (5)
- Wrongful Death (5)
- Commercial Property (5)
- Albany (4)
- Small Business (4)
- Third-Party Service Provider (4)
- Agency Management System (4)
- Auto Collision (4)
- Declination Form (4)
- NY First (4)
- Staged Accident (4)
- Cybersecurity Awareness Training (4)
- Continuing Education (CE) (4)
- No-Fault Insurance (4)
- Photo Inspection (4)
- Bodily Injury and Property Damage Liability (4)
- Rental Vehicle (4)
- Property-Casualty Broker's (BR) License (4)
- Licensed Insurance Agent (4)
- Transportation Network Companies (TNCs) (4)
- Absolute Liability (4)
- Hurricane Windstorm Deductible Trigger (3)
- IAPAC (3)
- Natural Disaster (3)
- State Lawmakers (3)
- Data Breach (3)
- NextGen (3)
- Remote Work (3)
- Professional Development (3)
- Duty to Defend (3)
- New York State Insurance Fund (NYSIF) (3)
- Carrier Cancellations (3)
- Residential Property Insurance Market (3)
- Single Producer License (3)
- Go Big (3)
- Personal Liability Coverage (3)
- Agency Agreements (3)
- Damaged Property (3)
- Car Accident (3)
- Electronic Delivery (3)
- Personal Umbrella Insurance (PUP) (3)
- Rental Property (3)
- Insurance Services Office (ISO) (3)
- Ridesharing (3)
- Commission Rates (3)
- Women in Insurance Summit (3)
- Modernization (3)
- Cyber Threats (3)
- E&O Exposure (3)
- Consumer Protection Law (2)
- FAIR Act (2)
- Leroy Comrie (2)
- Letitia James (2)
- Micah Lasher (2)
- New York Court of Appeals (2)
- Capitol Hill (2)
- Acknowledgement of Non-Compliance (2)
- Certificate of Compliance (2)
- Notice of Exemption (2)
- Information System Assets Inventory (2)
- Tariffs (2)
- Third-Party Service Provider Security Policy (2)
- New York P&C Insurance Summit (2)
- Public Policy Issues (2)
- AgencyFocus (2)
- Virtual Assistant (VA) (2)
- Board of Directors (2)
- Leadership Academy (2)
- Team Building (2)
- Grieving Families Act (2)
- Local Associations (2)
- Policy Provisions (2)
- Arbitration Endorsements (2)
- Extrinsic Evidence Endorsement (2)
- New York Compensation Insurance Rating Board (2)
- Property Casualty Insurance Security Fund (2)
- Unfair Business Practices Law (2)
- Golf (2)
- Insurance Disciplinary Action Report (2)
- License Revocation (2)
- Comprehensive Coverage (2)
- Global Conflict (2)
- Pet Damage (2)
- Retroactive Charge (2)
- Young Driver (2)
- Supplemental Uninsured/Underinsured Motorist (SUM) Coverage (2)
- Unlicensed Personnel (2)
- Endorsement Form (2)
- Disability Benefits Law (2)
- Certificate of Liability Insurance (2)
- E&O Loss Control Seminar (2)
- Technology (2)
- Electronic Signatures and Records Act (ESRA) (2)
- New Business (2)
- Documentation (2)
- Package Policy (2)
- Terminated Agency Contract (2)
- Willful or Reckless Act (2)
- Non-Payment of Premium (2)
- ISO Policy Form (2)
- Actual Cash Value (ACV) (2)
- Insurance Coverage Limit (2)
- Replacement Cost (RC) (2)
- Renters Insurance (2)
- Infrastructure Expansion Act (2)
- Kelly Gonyo (2)
- Child Victims Act (CVA) (2)
- Claims-Made Policy (2)
- Employment Practices Liability Insurance (2)
- Insolvent Insurer (2)
- Personal Injury Protection (PIP) Insurance (2)
- Hold Harmless Agreement (2)
- Contributory Negligence (2)
- Jamaal Bailey (2)
- Agency Compensation 360 (2)
- Loss ratios (2)
- Big "I" Legislative Conference (2)
- AI (2)
- INBOUND (2)
- InsurPac (2)
- Networking (2)
- Legal System Abuse (2)
- New Hires (2)
- Automatic Rate Hikes (2)
- Auto Insurance Consumer Relief Act (2)
- Cybersecurity (2)
- Identity Theft (2)
- E&O Risk Prevention (2)
- Duty to Read (2)
- Improper Notice of Breach (2)
- Special Relationship (2)
- Cybersecurity Policy (2)
- YAC (1)
- IICF (1)
- Assembly Bill 8065 (1)
- Lost Policy Release (LPR) (1)
- ACORD Advantage subscription (1)
- Fire Prevention and Building Code (1)
- Beneficial Ownership Information (BOI) Report (1)
- Corporate Transparency Act (CTA) (1)
- Insurance Producer Exception (1)
- In-District Legislative Meetings (1)
- Emmanuel Osuyah (1)
- City & State New York (1)
- Global Challenges (1)
- National Association of Mutual Insurance Companies (NAMIC) (1)
- Annual 10-K Report (1)
- Section 500.11 (1)
- Event (1)
- Lisa Lounsbury (1)
- Travis Wattie (1)
- Operational Services (1)
- Assembly Bill 9232-B (1)
- Department of Labor (1)
- Insurtech (1)
- Mergers and Acquisitions (M&A) (1)
- Insurance Markets (1)
- Workers' Compensation Assessment (1)
- Strategic Vision (1)
- Community College (1)
- InVEST (1)
- Holidays (1)
- Thanksgiving (1)
- Anti-Concurrent Causation Clause (1)
- Agency Operations (1)
- Fair Market Valuation (1)
- Virtual Private Network (VPN) (1)
- Social Engineering (1)
- Insurance Policies (1)
- Consumer Privacy (1)
- Legislative Call to Action (1)
- Carrier Markets (1)
- AM Best (1)
- New York Schools Insurance Reciprocal (NYSIR) (1)
- Big Book of Form Letters (1)
- IIABA Appointees (1)
- ELANY (1)
- Sexual Harrassment (1)
- Trusted Choice (1)
- Education (1)
- Webinar (1)
- Council of Technology (1)
- Examination Under Oath (EUO) (1)
- Premium Finance Agreement (1)
- COI (1)
- AIE (1)
- Subsidized Housing (1)
- Independent Contractor (1)
- Unlicensed Agency Name (1)
- Legislation (1)
- New York Property Insurance Underwriting Association (1)
- Insurance Penalties (1)
- Insurer Fines (1)
- New York State Compensation Board (1)
- Guidance Letter (1)
- Energage (1)
- Top Workplaces (1)
- Insurance Industry Charitable Foundation (1)
- Chair of the Board (1)
- Awards (1)
- Federal Trade Commission (1)
- Big "I" Legislative Breakfast (1)
- Charles Symington (1)
- Earthquake Insurance (1)
- New York State Assembly (1)
- Senate (1)
- Jim Keidel (1)
- Carrier Requirements (1)
- New York Carriers (1)
- Work From Home (WFH) (1)
- Luxury cars (1)
- Retail Worker Safety Act (1)
- CGL (1)
- OCP (1)
- Owners and Contractors Protective Liability Policy (1)
- Liquor Legal Liability Coverage (1)
- DFS Consultant Authorization (1)
- Lead Paint Exclusion Prohibition (1)
- Online Insurance Verification (1)
- Reasonable (FAIR) Business Practices Act (1)
- Standardized definitions (1)
- Internet Point Insurance Reduction Program (1)
- Property Resiliency Initiatives (1)
- Lobbying (1)
- Legislative Success (1)
- Washington DC (1)
- Uninsured Motorist Coverage (1)
- U.S. Virgin Islands (1)
- Car Sharing Programs (1)
- Tier Assignment (1)
- Property Damage Liability (1)
- Department of Health (1)
- Essential Plan Health Coverage (1)
- National Association of Benefits and Insurance Professionals (NABIP) (1)
- NY State of Health Marketplace (1)
- Late Filing Fee (1)
- NAIC Producer Licensing Model Act (1)
- Non-Resident License (1)
- Resident License (1)
- Pre-licensing (1)
- Agency Owner (1)
- Non-Standard Certificate (1)
- Countersignature (1)
- Waiver of Subrogation (1)
- Business Income Coverage (1)
- Business Income Worksheet (1)
- Commuting (1)
- Sole Proprietorship (1)
- Paid Family Leave (1)
- Professional Employer Organization (PEO) (1)
- Non-Admitted Company (1)
- Insurance Regulation 87 (1)
- NY Insurance Regulation 187 (1)
- State Administrative Procedures Act (SAPA) (1)
- Suitability and Best Interests in Life Insurance and Annuity Transactions (1)
- Motor Vehicle Report (1)
- Giveaway (1)
- Social Media (1)
- Discounts (1)
- Trade Association (1)
- Checklist (1)
- Duty of Care (1)
- Service Fees (1)
- Insurance Binder (1)
- Mortgage Loan (1)
- 220 Letters (1)
- Audit (1)
- Commercial Risk Insurance (1)
- Professional Liability Insurance (1)
- Public Entity Insurance (1)
- Geographical Location (1)
- Redlining (1)
- Bankruptcy (1)
- Alternative Renewal Notice (1)
- Business Owner's Policy (BOP) (1)
- Short-Term Renewal (1)
- Policy Renewal (1)
- Enhanced Actual Cash Value (ACV) Roof Loss Settlement Endorsement (1)
- Free Trade Zone (1)
- Policy Void (1)
- Hired and Non-Owned Auto Liability Coverage (1)
- Subrogation (1)
- Landlord Insurance (1)
- Vandalism (1)
- Class Loss Costs (1)
- Tenant Improvements and Betterments (TIBs) (1)
- Coinsurance penalty (1)
- Infestation and Animal Damage Exclusion (1)
- Personal Property Insurance (1)
- Host Liquor Liability (1)
- Fostering (1)
- Long Island (1)
- Domestic Employees (1)
- Workers' Compensation Endorsement (1)
- Abuse or Molestation Exclusion (1)
- Directors & Officers (D&O) Coverage (1)
- Occurrence-Based Policy (1)
- Airbnb (1)
- Home-Based Business (1)
- Home Sharing (1)
- Host Damage Protection (1)
- Host Liability Protection (1)
- Vrbo (1)
- Non-Compete Agreement Bans (1)
- Merit Rating Plans (1)
- Unfair Claims Settlement Practices (1)
- New York State Trail Lawyers Association (NYSTLA) (1)
- Occupational Safety and Health Administration (OSHA) (1)
- Temporary Worker (1)
- Aerial Imaging (1)
- National Council of Insurance Legislators (NCOIL) (1)
- Experience Rating (1)
- Loss Costs (1)
- NYAIP Governing Committee (1)
- NYAIP Peer Review Panel (1)
- Customer Service (1)
- Staffing Shortages (1)
- The Lawsuit Reform Alliance of NY (1)
- Backdating (1)
- Compensation survey (1)
- Build More New York (1)
- Independent Agent Penetration (1)
- P&C Insurance Marketplace Report (1)
- Surplus line utilization (1)
- Pass-Through Entity (1)
- Qualified Business Income (QBI) (1)
- Answer Engine Optimization (AEO) (1)
- Generative Engine Optimization (GEO) (1)
- HubSpot (1)
- Licensing (1)
- Local Leaders Summit (1)
- Government Shutdown (1)
- Adrienne Harris (1)
- Kaitlin Asrow (1)
- Ashley Engl (1)
- Cisco (1)
- Zero-Day Vulnerability (1)
- NYS Secure Choice Savings Program (1)
- Private Sector (1)
- Retirement (1)
- Roth IRA (1)
- Encryption (1)
- Association for Cooperative Operations Research and Development (ACORD) (1)
- Mid-America Insurance Conference (1)
- National Council on Compensation Insurance (NCCI) (1)
- NYSIF Insure+ (1)
- Payroll Estimates (1)
- Waiver of Audit Program (1)
- Borg Insurance Agency (1)
- Member Engagement (1)
- Robert L. Kelly General Insurance (1)
- Insurance Information and Enforcement System (IIES) (1)
- Rate and Form Filing (1)
- Beds for Buffalo (1)
- Buffalo I-Day (1)
- Career Civility (1)
- Day in the Life (1)
- Shop 'Til You Drop (1)
- Shot Clock Social (1)
- Legislative Breakfast (1)
- Civil Procedure Law and Rules (1)
- Foreign Business (1)
- Negotiating Contracts (1)
- Data Privacy (1)
- Salary (1)
- Workers' Benefits (1)
- Cyberthreats (1)
- Ransomware (1)
- Supply Chain Management (1)
- Third-Party Vendors (1)
- Agency Acquisitions (1)
- Jackware (1)
- Affinity HR Group (1)
- HR Tools (1)
- Workplace Electronic Monitoring (1)
- COVID (1)
- COVID-19 (1)
- Hurricane Season (1)
- Recession (1)
- Photo Inspections (1)
- Agents Advocacy Week (1)
- Excess Lines Diligent Effort Bill (1)
- Public Protection and Good Government (1)
- Transportation Expenses Coverage (1)
- Client Services (1)
- Insurance Service Fees (1)
- NY Insurance Law (1)
- Avoiding broker liability (1)
- Documentation for Best Practices (1)
- Arbitration Risks (1)
- Choice of law provisions (1)
- Common Law (1)
- Late Claim Notice (1)
- Stand in the Shoes Doctrine (1)
- Broker Expertise Liability (1)
- Marketing (1)
- Binding Authority Risks (1)
- Producer Agreement (1)
- Wholesale Broker (1)
- Failure to advise coverage claims (1)
- Negligent misrepresentation E&O (1)
- Broker Defense in E&O Claims (1)
- Justifiable Reliance Insurance Law (1)
- Policy Recission for Material Misrepresentation (1)
- Discovery (1)
- E&O Defense Documentation (1)
- File Management (1)
- Automatic Renewal Clause (1)
- Contractors' Conditions Endorsement (CCE) (1)
- Duty to Indemnify (1)
- Insurance Policy Endorsement Risks (1)
- Notice of Conditional Renewal (1)
- Notice of Non-Renewal (1)
- Reservation of Rights (ROR) (1)
- Insurance Broker E&O Prevention (1)
- Judicial Misunderstanding of E&O Law (1)
- Broker E&O Litigation Risk (1)
- Comparative Negligence Misuse (1)
- Federal Lawmakers (1)
- Fundraising (1)
- National Big "I" (IIABA) (1)
- Book of Business Review (1)
- Carrier Appetite (1)
- Cross-Selling (1)
- Client Guidance (1)
- Emergency Weather (1)
- Snow Day Protocol (1)
- Phishing (1)
- Diversity (1)
- Tinsley English (1)
- Women in Insurance (1)
- Voice Phishing (1)
- Insurance File Ownership (1)
- Material and Necessary Documents (1)
- Notice-Prejudice Rule (1)
- Subpoena (1)
- Certification of Material Compliance (1)
- Advocacy (1)
- Presidents' Day (1)
- Liability Insurance (1)
- Computer Systems (1)
- DFS ID (1)
- Cyber & Privacy Liability (1)
- MyAgencyCampus (1)
- Testimonial (1)
- ACORD (1)
- New York State Budget (1)
- Carrie Woerner (1)
- Producer Advertising Law (1)
- NextGen NYC (1)