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Kemper Auto Insurance Commission Cut: What You Need To Know

​NOTE: This is a rerun of a blog post we originally published in May 2022​. Since then, the carrier has informed its agency force of a commission reduction that will impact many more agents. Some Big I New York members have contacted us about it. Big I New York cannot and will not advise members regarding with whom they should or should not do business. We wish to re-emphasize the advice at the end of this post.Big I New York has asked Kemper Auto & Home to delay its announced commission reductions on certain auto insurance policies. The carrier was told in a meeting this week that the…

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Why Networking Matters [Culture Corner]

  • Post category:News

By Julie Furst(The WNY local group is great at creating opportunities to come together. A little axe throwing, anyone?! Thanks to Carrie Shaw for the photo.)Connecting, Interacting, Networking.For over a century, the insurance industry has been built on relationships. They've made everything possible.The last few years have caused us to develop new tactics for connection. Magic happens when those new ways are married with the traditional methods. As we continue to come back out of our shells and overcome the get-out-the-door hurdle many have developed, here's a reminder of the gifts awaiting in networking.Building relationships: Networking provides an opportunity to build and maintain relationships with people who can…

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REMINDER: Cyber Reg Certification Due This Weekend

​The deadline for submitting the annual certification of compliance with New York's cybersecurity regulation for financial services companies is this Saturday, April 15. If you haven't submitted the certification for your agency yet, you must do so by the end of the day Saturday.The certification is one of the requirements in the New York State Department of Financial Services (DFS) regulation Cybersecurity Requirements For Financial Services Companies, which is Part 500 of Title 23 of the New York Codes, Rules and Regulations (23 NYCRR 500.) Subsection (b) of Section 500.17 states:"Annually each covered entity shall submit to the superintendent a written statement covering the prior…

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