Yearly Archives: 2019

Big ‘I’ Scores Key Wins as Senate Passes Spending Bill

​Government funding measure extends TRIA, NFIP and repeals the 'Cadillac tax.' WASHINGTON, D.C., December 19, 2019— The Independent Insurance Agents & Brokers of America (the Big “I") applauds the U.S. Senate for passing legislation that would reauthorize the Terrorism Risk Insurance Act (TRIA), extend the National Flood Insurance Program (NFIP) and repeal the Affordable Care Act's “Cadillac tax," all as part of government funding legislation. “The Big 'I' would like to thank the U.S. Senate for closing out the year with great news for independent agents," says Bob Rusbuldt, Big “I" president & CEO. “We are grateful that the passage of government funding legislation included…

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Big I NY Applauds Passage of Small Business Regulatory Relief Bill

​​We are pleased to announce that Governor Cuomo has signed legislation to require state agencies to consider specific impacts on small businesses when creating new regulations​​. The bill​, sponsored by Assemblywoman Simotas (D, Queens) and Senator Kaplan (D, Nassau County), is an important victory for small independent agencies across the state. Effective November 1, 2020, state agencies will be required to​ conduct an assessment of the minimum time needed by small businesses and local governments to apply with a new regulation, including practical, legal, and economic constraints on compliance. Furthermore, state agencies will be required to actively solicit the participation of small businesses and local governments during the rulemaking process. …

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Trusted Choice® Marketing Reimbursement Program Changes for 2020

​​The Trusted Choice® Marketing Reimbursement Program (MRP) was created to ease the financial burden of branding efforts for independent insurance agents. With the MRP program, agents can receive reimbursement funds for cobranding their marketing materials with the Trusted Choice® logo, purchasing a new website through our partnership with Web.com or signing up for an Advantage subscription. Starting in January, the program will be structured with the following reimbursement tiers: Tier 1: Agencies receive up to $750 for using the Trusted Choice logo on any consumer-focused items, including but not limited to advertising, promotional items, store signage and collateral items, such as business cards or stationery. Each agency location may…

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