Yearly Archives: 2024

NextGen New York 2024: A Year in Review

Abstract: What has NextGen been up to? SO many great things! Here are some highlights from 2024. Body: ​This year, NextGen New York successfully brought together young agents from across the state for a series of impactful events focused on networking, advocacy, education, and community service.Here's a look back at our exciting year:January 2024Statewide Coffee and Connect Virtual Call: We kicked off the year with a virtual call, allowing insurance professionals from all corners of the state to connect and learn about getting involved with Big I NY/NextGen.Lobbying Day in Albany: Our members gathered in Albany to advocate for our industry, meeting with legislators to…

Continue ReadingNextGen New York 2024: A Year in Review

Hochul Vetoes Wrongful Death Bill for a Third Time

Abstract: New York Gov. Kathy Hochul this weekend once again vetoed legislation to dramatically expand the categories of damages that can be recovered via lawsuit for an alleged wrongful death Body: ​New York Gov. Kathy Hochul this weekend once again vetoed legislation to dramatically expand the categories of damages that can be recovered via lawsuit for an alleged wrongful death. In the veto message, Gov. Hochul emphasized that the bill posed a risk to the financial well-being of the state's healthcare system and could lead to higher costs, including insurance premiums.Big I New York has been a staunch opponent of the proposal, citing a multi-billion…

Continue ReadingHochul Vetoes Wrongful Death Bill for a Third Time

NEWS RELEASE – Big I NY Lauds Gov. Hochul Veto of Wrongful Death Bill

Abstract: Bill would have imposed crippling increased costs for state businesses. Body: ​​(DeWitt, New York, Dec. 12, 2024) — David Bodenstein, chair of the board of Big I New York and president of Mike Preis, Inc. in Jeffersonville, New York, issued the following statement today in response to the veto by New York Gov. Kathy Hochul of Assembly Bill 9232-B. This bill would have expanded the categories of damages that could be recovered in a lawsuit for an alleged wrongful death.“Big I New York and its member independent insurance agents and brokers are very pleased that Gov. Hochul vetoed this costly bill. We strongly believe…

Continue ReadingNEWS RELEASE – Big I NY Lauds Gov. Hochul Veto of Wrongful Death Bill