Let’s Play “Can They Do That?”
For those who may have missed it, the property casualty insurance markets are in a very hard market cycle. During a hard market, insurance carriers hike premiums, cancel and non-renew…
News
New York’s Proposed Budget Includes Many Changes Affecting IAs and Customers: What You Need to Know
By Scott Hobson, AVP of Government Relations SHobson@BigINY.org New York’s budget process is in full swing, and Governor Hochul recently released her executive budget proposal. As the first step in…
RT Binding 2024 Binding Authority Submission Excellence
The continuation of the hard market is evident as both standard and E&S carriers face underwriting challenges contributing to a narrowing of business appetites and thus increasing shopping for retail…
Agents Lobby on Pro-Consumer Measures at NY Day on the Hill
This week, members of Big I NY’s Group of 100 traveled to Albany for our “Day on the Hill” to meet with state lawmakers and urge them to support proposals that will…
NY Property-Casualty Agent’s (PC) & Broker’s (BR) Licenses
Question: “I have a New York Property-Casualty Agent’s (PC) license. What do I have to do to obtain a New York Property-Casualty Broker’s (BR) license?” Answer: The holder of a…
2023: Our Most Successful Advocacy Year…Yet!
With the new year upon us, let us take a moment to reflect upon 2023, which was easily the most effective and successful legislative session in recent history for Big…
What a GREAT year for NextGen!
2023 has come to a close and our NextGen group has done some amazing things this past year. Here are some highlights: January February March April May June September October…
E&O Report | New Year’s Resolutions for Insurance Agencies & Brokerages
E&O Report | January 2024 | Volume 39, Number 1 As we start 2024, it is the perfect time for every insurance agency and brokerage to examine its business practices. Over the years, we have…
Why You Should Perform a Book of Business Review
One crucial aspect that insurance agencies should prioritize is performing a comprehensive book of business review. The data in your agency management system is full of valuable information that can…
The Benefits of Hiring a Consultant to Work with Your Independent Agency
In today’s rapidly evolving insurance industry, staying competitive and efficient is crucial for success. One way insurance agencies can achieve this is by hiring a consultant to assist with process…
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