Yearly Archives: 2020

2020 Year in Review

We're bringing you a year-end roundup with some highlights from 2020 - yes, we found some bright spots this year and wanted to share them with you.Your Top Email Clicks​7,785Education Calendar E&O Report - April 2020:  How to Handle Questions  Concerning Possible  Coronavirus Related Claims2,3161,989Coronavirus GearUp WebinarWC Rating Board: New Classification for Idled Employees2,3161,586Coronavirus: What It Means For Your Clients' Insurance CoverageThings We StartedDiversity & Inclusion TaskforceIMS Market Access15inONE CE ProgramPre-licensing ProgramWe've Had Your BackCoronavirus ResourcesWe've been with you every step of the way Big I NY Coronavirus PageIndependent Agency Approach to Visits During COVID-19 - Member Survey ReportHybrid Workforce ResourcesCoronavirus GearUp Webinar$328,750 in grants awarded to 112 NY agencies through the Trusted Choice…

Continue Reading2020 Year in Review

You Must Notify the DFS if your Agency Has Been Directly Impacted by the SolarWinds Espionage Attack

​On Friday, 12/18, the New York Department of Financial Services published an industry alert ​on the recently revealed SolarWinds/supply chain cyber espionage attack.  ​You should notify the Department if your institution was directly impacted by any of the affected SolarWinds Orion products or if your institution has been notified of an impact by any affiliate who has access to your network or your nonpublic information. The Department's cybersecurity regulation requires notice of any Cybersecurity Event that has “a reasonable likelihood of materially harming any material part of the normal operation(s)."  23 NYCRR 500.17(a)(2). Given the sophistication and persistence of the malware and the adversary, DFS asks any affected institution to file…

Continue ReadingYou Must Notify the DFS if your Agency Has Been Directly Impacted by the SolarWinds Espionage Attack

2020 Recap: How Big I NY Fought for You in Albany

​2020 has been a tumultuous year, and the IA community and our customers faced many challenges. In a time of crisis, our advocacy efforts on your behalf are crucial. Here's how Big I NY had your back in Albany:Defeated A Regulatory Power Grab:In January 2020, the Governor announced an executive budget which would expand the NYS Department of Financial Services' (DFS) authority to levy fines and penalties against insurance agents and brokers, as well as substantially increases in possible fines. Big I NY met with key legislators in the Senate and Assembly, and deployed an aggressive grassroots lobbying campaign, culminating in our Independent Agents Advocacy…

Continue Reading2020 Recap: How Big I NY Fought for You in Albany