Single Payer Action Week: Agents Fight Against Government Takeover of Healthcare

 This week, Big I NY members met with several key state senators to push back on the New York Health Act, which would eliminate private health insurance in favor of a government-run system. The numbers for such a plan are staggering: more than 160,000 jobs eliminated, including 50,000 in the insurance industry; $253 billion in new taxes on employers and workers; business tax increases of over 2,000%.Big I NY identified half a dozen key “swing votes" in the Senate, and targeted these lawmakers for meetings during Single Payer Action Week. This week's meetings were productive, with Big I NY members urging senators to consider the…

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Industry Roundup: June 3, 2021

4 Best Agency Website Fe​atures to Generate Insurance LeadsDesign and functionality are the yin and yang of a powerful insurance agency website. Your website's appearance works to build trust with consumers. The features and functionality increase the likelihood of visitors becoming leads. Here are four of the best lead-generating features to focus on for your website.​Auto Telematics' Poten​​tial Benefits & PitfallsAuto telematics has the chance to give consumers lower, fairer prices while incentivizing safe driving behaviors, but “guardrails" are needed to prevent the data collected by these programs from being misused, according to the Consumer Federation of America's (CFA) white paper, “Watch Where You're Going:…

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Industry Roundup: May 28th, 2021

​COVID Takes $8 ​​Bi​​llion Bite Out of Global Multiline InsurersGlobal multiline insurers (GMIs) took an $8 billion hit in 2020 thanks to the COVID-19 pandemic, according to a new report from S&P Global Ratings. However, no insurer among those rated in the report fell into a position where its capital position was insufficient to meet regulators' expectations. Cannabis Insuranc​​e M​​arket Set to Soar Under Biden AdministrationThe cannabis market in the US got some uplifting news last week when officials in New York finalized a deal to legalize recreational marijuana in the state, opening the doors for a $4.2 billion industry, according to The New York…

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