The 2026 legislative session is one that insurance industry stakeholders will study, discuss, and remember for decades to come. A state budget that arrived nearly two months late, the passage…
Gov. Kathy Hochul held a news conference Thursday morning announcing an agreement with legislative leaders on the State Budget, including major auto insurance reforms. Absent from the news conference, however,…
New York has a new law that requires retail stores to accept cash payments from customers. It does not appear to apply to insurance agencies and brokerages. The New York…
Big I New York’s media campaign supporting Gov. Kathy Hochul’s auto insurance reforms continued this week with an opinion editorial from Board Chair Kelly Gonyo. Gonyo’s piece was published in…
You know the conversation all too well—clients are frustrated, confused, and increasingly angry about rising auto premiums. And they have every reason to be. Lawmakers are finally acknowledging that fraud…
The NY First Governing Committee met on February 25 to discuss the property and casualty insurance reforms included in Governor Hochul’s Executive Budget. NY First brings together property-casualty insurance company…
Governor Kathy Hochul has released the FY27 Executive Budget, officially launching the sprint toward the April 1 deadline for a State Budget agreement. As anticipated, affordability took center stage, with…
New York Governor Kathy Hochul delivered her annual State of the State address today at the Albany Convention Center, highlighting key affordability challenges facing New Yorkers, including the rising cost…
A slew of costly litigation-increasing legislation was vetoed by Governor Hochul in her final acts of 2025. Big I New York was part of a mighty coalition of business and…
Persuasive advocacy by Big I New York paid off with Governor Kathy Hochul’s signature on legislation strengthening consumer protections for third-party litigation financing (TPLF) agreements.