However, please be advised that the best practice is still for you to have as many people as possible work from remote locations. Also, per the ESDC, you still must maintain a clean and safe work environment as required by the New York State Health Department. Remote Working Resources For more Coronavirus resources, visit our resource page. Source
Big I NY President & CEO, Lisa Lounsbury spoke to Eric Madoff, CEO & Executive Director at New York State Insurance Fund, this morning regarding NYSIF’s approach to work with policyholders regarding the coronavirus. We are very pleased to share the following correspondence that will go out to NYSIF policyholders later today. In addition to offering premium payment flexibility, NYSIF recognizes that payrolls may decrease and is willing to adjust premium payments to meet policyholder needs. Dear Policyholder,Extraordinary times call for extraordinary solutions. As the coronavirus (COVID-19) takes its toll on New York businesses, NYSIF stands ready to help by lowering your premium to reflect…
Today, Big I NY, along with other industry trade groups, sent a letter to DFS Superintendent Linda Lacewell urging the department to take critical steps to protect policyholders. Together, we call on the DFS to protect consumers’ ability to obtain comprehensive and collision insurance by suspending the photo inspection requirement in Regulation 79. With current staffing limitations, and social distancing directives, customers are unable to travel to inspection locations. Furthermore, we call on the DFS to implement a grace period for CE and license renewal requirements for the duration of the current State of Emergency. Insurance agents and brokers face increased difficulty in obtaining the required continuing…