Flood Program Bailed Out

Abstract: The National Flood Insurance Program is back in business for 78 days. Body: ​Image of water bucket created using Meta.aiSee what we did there? "Bailed​ out"? Get it?There are more flood jokes where that came from.In the meantime, the National Flood Insurance Program is back in business for 78 days. Last night, the president signed into law a bill that extended the federal government's funding until January 30, 2026. That funding had lapsed when the government's fiscal year ended on September 30. The result was the longest federal government shutdown in U.S. history.Congress has tied the NFIP's authorization to operate to the expiration of the fiscal…

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Gov. Hochul Signs DMV Insurance Verification Modernization Bill

Abstract: A new auto insurance online verification system is coming to New York in three years, thanks to a bill approved yesterday. Body: ​A new auto insurance online verification system is coming to New York in three years, thanks to a bill approved yesterday. New York Gov. Kathy Hochul signed into law Senate Bill 5331-A, establishing the modernized system. Senate Insurance Committee Chair Jamaal T. Bailey (D – Bronx, Westchester) and Assembly Insurance Committee Chair David I. Weprin (D - Queens) sponsored the measure. This much-needed reform replaces the 25-year-old Insurance Information and Enforcement System (IIES). For decades, IIES has frustrated drivers, agents, and insurers…

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Celebrating Excellence in Independent Agencies in New York

Abstract: Big I NY is proud to celebrate the outstanding accomplishments of two of our member agencies, whose dedication to their communities and commitment to excellence have earned them well-deserved recognition. Body: Big I NY is proud to celebrate the outstanding accomplishments of two of our member agencies, whose dedication to their communities and commitment to excellence have earned them well-deserved recognition.Robert L. Kelly General Insurance in Syracuse was recently honored with the Business Journal Family Business Award for Best Woman-Owned Family Busines, an inspiring achievement that reflects not only their leadership, but the strength and resilience of independent agencies across our state. A big congratulations to…

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