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…
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…
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 | 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…
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…
We know that current market conditions are challenging and frustrating. You, your team, and your clients are stressed. We must “pull the curtain back” so you can see the multi-pronged…
On Thursday, October 12th, Big I NY met with counsel to Governor Hochul and urged that she veto legislation that would ban the use of non-compete agreements. While we appreciate…
Personal Lines How much notice does a carrier have to give to non-renew a homeowners’ or personal auto policy?At least 45 days but no more than 60. How much notice…
Question: “Regarding a commercial auto policy, your handout said, “It is true that business auto insurance policies insure businesses, but they also insure individual people using the business’s vehicles with…
Question: “We just hired a new licensed employee. Are we required to report anything to the New York State Department of Financial Services (DFS)?” Answer: The agency has no reporting…
Question: “An employee put regular gas into a diesel truck, damaging the engine. Is this covered under the commercial auto policy?” Answer: I’m gonna go out on a limb here…