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Big I NY Applauds Passage of Small Business Regulatory Relief Bill

​​We are pleased to announce that Governor Cuomo has signed legislation to require state agencies to consider specific impacts on small businesses when creating new regulations​​. The bill​, sponsored by Assemblywoman Simotas (D, Queens) and Senator Kaplan (D, Nassau County), is an important victory for small independent agencies across the state. Effective November 1, 2020, state agencies will be required to​ conduct an assessment of the minimum time needed by small businesses and local governments to apply with a new regulation, including practical, legal, and economic constraints on compliance. Furthermore, state agencies will be required to actively solicit the participation of small businesses and local governments during the rulemaking process. …

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Trusted Choice® Marketing Reimbursement Program Changes for 2020

​​The Trusted Choice® Marketing Reimbursement Program (MRP) was created to ease the financial burden of branding efforts for independent insurance agents. With the MRP program, agents can receive reimbursement funds for cobranding their marketing materials with the Trusted Choice® logo, purchasing a new website through our partnership with Web.com or signing up for an Advantage subscription. Starting in January, the program will be structured with the following reimbursement tiers: Tier 1: Agencies receive up to $750 for using the Trusted Choice logo on any consumer-focused items, including but not limited to advertising, promotional items, store signage and collateral items, such as business cards or stationery. Each agency location may…

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Big ‘I’ Members to Receive ACORD Forms Licenses – Register for FREE Webinar!

​The Big "I" and ACORD are launching a new Big "I" member benefit. Starting Jan. 1, 2020, Big "I" members with an annual property & casualty gross revenue of less than $50 million will receive a complimentary license to use ACORD forms.  On Jan. 1, 2020, ACORD will begin charging all ACORD forms users an end-user license fee (EUL), which includes agents, brokers and carriers. Currently, most agents access ACORD forms via their agency management systems or other ACORD-authorized third-party forms redistributors. ​ The Big “I" has negotiated an agreement with ACORD where the Big “I" will cover the cost of the EUL when accessing the forms…

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