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Photo Inspection Reform Bill Signed Into Law!

​Statement from Ted Walsh, Big I NY Chair of the Board:Today is a great day for New York auto insurance policyholders and independent insurance agents, We're thrilled to share that Governor Kathy Hochul signed into law Big I New York's "Auto Insurance Consumer Relief Act," a measure supported by both consumers and the insurance community. The bill allows insurance companies to waive pre-insurance photo inspections beginning on May 15th, 2024, until October 1st, 2027.For too long, the photo inspection mandate has been a burden and an inconvenience for hard-working New Yorkers. Modern solutions for combatting fraud have made the regulation unnecessary and obsolete. On behalf of policyholders across…

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“Be the reason someone feels welcomed, seen, heard, valued, loved, and supported” … unknown

​Written by: Sue Keegan, Director of Education​The Samaritan Center​, a nonprofit organization that works to fight hunger in the greater Syracuse community by providing nutritious hot meals to anyone in need 7 days a week, needs more than 35 volunteers a day to help meet their guests’ needs.Lisa Lounsbury and I were two of those volunteers Monday morning.  We worked with a team of amazing volunteers and staff who each had a task or responsibility assigned to them.  Michael Martini, the kitchen coordinator, gave Lisa and I (in my opinion) the primo task... serving food to the people the mission serves.What I learned from watching and interacting…

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Workers Comp Premium Assessment To Drop in 2024

​The New York State Workers Compensation Board announced that the state assessment rate on insurance premiums will decline to 9.2%​ next year. The new rate marks a drop from the 2023 rate of 9.8%.State law requires the board each year to set an assessment rate by November 1. The assessment, which applies to Workers Compensation insurance standard premiums (or premium equivalents for self-insured employers) funds the board's operations. The new assessment takes effect on January 1, 2024.Source

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