​ Albany Update: Photo Inspection Dropped from Legislative Budgets, Anti-Fraud Bill Advances

This week, the Senate and Assembly released their “one-house" budget proposals, which are a statement of each house's priorities for the state budget. Both the Senate and Assembly rejected virtually all the Governor's policy proposals, including legislation to allow carriers to waive photo inspections for the next four years. This means it is unlikely, but not impossible, that photo inspection reform will be adopted as part of the final state budget. While disappointing, this outcome was not entirely unexpected. In recent years, the state legislature has increasingly pushed back on the inclusion of legislative policy in the budget, preferring to address only matters with a direct…

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Big I NY – Not Just For CE!!!!!

​Big I NY is ready, willing, and able to help your agency with ANY talent challenge you may have.Did you know that we:Can help you recruit talent using our partner IdealTraits.  Hire The Ideal Fit For Your Team​Have partnerships with many colleges and universities and can help you in your search for an intern.  Agency InternshipsCan help your new employees get licensed. We offer pre-licensing classes quarterly.  Pre-licensing​Have GREAT "new hire training" available from our friends at New Level Partners.  New Hire TrainingCan coach anyone in sales.  Sales CoachingHave Leadership Academy - the perfect program for your future leaders.  Leadership Academy​Offer a free service through the National Big "I" for our members and…

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DFS Fixes License Renewal Application Issue

​The New York State Department of Financial Services (DFS) said in communications to its licensees today that it has addressed problems with license renewal application processing. If you've run into problems submitting a license renewal application in the last two months, you should try again.The issue was that individual agents and brokers were being asked questions about compliance with the Cybersecurity Requirements For Financial Services Companies regulation​. That regulation exempts from its requirements individuals who are covered by another entity's cybersecurity program. For example, producers and licensed customer service representatives who are employees of an agency are covered by their employer's cybersecurity program. These individuals are exempt from…

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