A New Way to Lead

​Recently I was thinking back on a lesson I learned from my Junior Varsity basketball coach (many years ago!):  it dawned on me what he was doing and how it applies to what I am working on today for Big I NY. A quick story: we had 13 kids on our roster; like any team we had a strong, regular starting five and then three or four of us who would come off the bench and play significant minutes. The rest of the team played very rarely and were used mainly in practices to play defense, etc.Here is where the story gets good. Our coach constantly worked with, mentored,…

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Industry Roundup: August 5, 2021

​Insurance Won't be Enough After Miami Condo CollapsePreservation of evidence is critical to understanding why a Florida oceanfront condominium collapsed and to protect the legal rights of victims and others, a judge said Wednesday. Miami-Dade County is expected later this month to hand over control of the Champlain Towers South site to a court-appointed receiver. Cryptocurrency: D&O and E&O Insurance IssuesAs of May 26, 2021, the estimated market capitalization of the cryptocurrency market exceeded $1.7 trillion despite recent market fluctuations. There is growing interest by a wide range of publicly-traded companies in incorporating crypto into their business models given the ongoing market development. Self-Service Apps…

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Governor Signs Legislation Allowing NYSIF to Offer out of State Coverage

​On August 2nd, Governor Cuomo signed legislation which permits NYSIF to write workers' compensation coverage for policyholders' out-of-state employees. NYSIF will partner with carriers in other states to provide coverage to businesses doing work outside of NY, provided the business has more payroll or premium in NY than in all other states combined.According to a press release, NYSIF expects to begin offering this coverage beginning the first half of 2022.Contact Scott Hobson with any questions.​  Source

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