Hochul Vetoes Wrongful Death Bill for a Third Time
New York Gov. Kathy Hochul this weekend once again vetoed legislation to dramatically expand the categories of damages that can be recovered via lawsuit for an alleged wrongful death. In…
New York Gov. Kathy Hochul this weekend once again vetoed legislation to dramatically expand the categories of damages that can be recovered via lawsuit for an alleged wrongful death. In…
(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…
The New York State Department of Financial Services (DFS) and Big I New York met on Thursday to discuss pending regulatory action addressing the establishment of uniform standards around the…
UPDATE: On Saturday, December 21st, President Biden signed a bill passed by both houses of Congress that funds the government through March 14th. The bill also reauthorized the NFIP through that…
New requirements taking effect on December 30th will force construction contractors wishing to bid on public works projects to register with the New York State government. Big I New York members…
By AgencyFocus Looking ahead to 2025, our AgencyFocus team put together some of our predictions for what agencies should be expecting in the upcoming year based on trends in data we…
Big I New York met with the New York State Department of Financial Services (DFS) Deputy Superintendent of Insurance Bhavna Agnihotri and other DFS leaders on Monday regarding the state…
On December 31, 2024, all remaining personal lines insurance policies issued by Adirondack Insurance Exchange and Mountain Valley Indemnity Co. will be cancelled: Adirondack’s Demotech Rating Withdrawn (May 29, 2024) Adirondack…
(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…
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…