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The Next Risk Solutions IQ ‘Virtual Learning’ Program Kicks Off April 21st

​Risk Solutions IQ™ – New Level Partners’ Virtual Classroom ‘Coverage and Risk Assessment’ program – delivers practical Commercial Coverage knowledge and risk-evaluation skills! An essential onboarding experience for both Sales and Client Management staff – RSIQ has grown rapidly since launched five years ago!  The attached ‘Testimonial’ PDF reflects excellent participant experiences in the recent programs. RSIQ delivers terrific value for 20+ hours of learning – without the travel expense of onsite programs – at a very efficient cost of $750 per-participant. New Level Partners can also design and deliver a dedicated-cohort Risk Solutions IQ™ program just for your agency’s staff. Risk Solutions IQ™ is…

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DFS Okays Big I NY Request to Accept Emailed COVID-19 Notices Without Prior Consent

​Following repeated requests from Big I New York, the New York State Department of Financial Services has announced that insurance producers will be allowed to send the required COVID-19 premium payment rule notices to clients by email, regardless of whether the clients have given prior consent. This will relieve them of the requirement to mail or deliver such notices. Guidance is available on DFS's website​. The notices are required by emergency regulations the DFS issued on March 30. Those regulations implemented the governor's executive order declaring a moratorium on insurance policy cancellations, non-renewals and conditional renewals for 60 days. They also prohibited insurers from taking certain…

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NYS Budget Update

​The New York State Legislature approved an abridged 2020-21 state budget on April 2. The budget did not include the types of policy changes lawmakers have customarily added in other years. For insurance agents and brokers, this means the proposal to expand the powers of the Department of Financial Services were not part of the final product. Big I New York members argued strenuously against this proposal on Advocacy Day in Albany last month. The proposal’s failure is a testament to their persistence.​ Source

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