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This week, Big I NY members from Buffalo to Long Island traveled to Albany to urge lawmakers to take action on a number of key issues affecting IAs and our customers. Delegations from nearly all of our local associations, including many members of the Group of 100, kicked off the day with a briefing session before departing for meetings with state lawmakers representing their region. Members urged lawmakers to reject a significant expansion of the Department of Financial Services' authority to prosecute unfair, deceptive, and abusive business practices, as well as a dramatic and unwarranted increase in insurance law fines and penalties. Big I…
By Jim Lombardo, CPCU, AAI, AIM, MBA, AVP of Learning & Development Today, let us focus a bit on education and training- specifically training. I read a quote somewhere from a CEO of a large company—I don't quite recall who it was but I certainly recall what he said. When asked, “Why do you spend so much time and money on training when those employees might leave?" His answer floored me. He said, “What if we didn't train them and they stayed??" Brilliant answer!! Let's look at that a bit more closely… “An investment in knowledge pays the best interest"- Ben Franklin “Education costs money, but…