Yearly Archives: 2022

California To Require License Numbers on Agents’ Emails

​​A newly adopted amendment to the insurance licensing law in California will require most emails sent by producers to include their California license numbers. The change was signed into law by California Gov. Gavin Newsom on September 18 and takes effect on January 1, 2023. If you have a California license, you will need to comply with this requirement for emails with anyone who has a loss exposure in that state.Current state law already requires producers to include their license numbers on business cards, written price quotations, and print advertisements in a specified type size. Section 13 of the new measure adds emails to that list. It…

Continue ReadingCalifornia To Require License Numbers on Agents’ Emails

Big I NY’s Dodge Honored at Industry Conference, Joins Organization’s Board

​From left to right are Maria Dressman of Elliott Group in Kansas and conference chair; Peter Quirk of ISO; and Tim Dodge The Insurance Intelligence Committee​ this week honored Tim Dodge, AU, ARM, CPCU, assistant vice-president of research and information for Big I New York, at the annual Mid-America Insurance Conference in Kansas City, Missouri. In a separate action, the committee elected Dodge to a position on its board of directors.The committee presented Dodge with one of two Agent Of Change Awards at a luncheon held on November 7, the first full day of the conference. The award was for an agenda item submitted at…

Continue ReadingBig I NY’s Dodge Honored at Industry Conference, Joins Organization’s Board

Changes Are Coming To the Cybersecurity Regulation

You may have received an email message from DFS announcing the proposed changes. That message informed recipients that they may provide comments to the department between now and Jan. 9, 2023.The 20-page proposal closely resembles a pre-proposal draft DFS published last July. Big I New York provided comments to the department in response, and DFS appears to have taken some of our comments into consideration as they wrote the formal proposed amendments.Many of the amendments are targeted toward larger “covered entities” (the regulation’s term for any person or organization licensed under the state’s banking, financial services or insurance laws,) such as insurance carriers and banks.…

Continue ReadingChanges Are Coming To the Cybersecurity Regulation