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Industry Roundup: ​3 Unintended Consequences of Well-Intentioned Cyber Regulations; Autonomous Vehicles: Predictions vs. Truth; North Atlantic Hurricane Season Begins with Ripe Conditions for Above-Average Activity; Acrisure Touches $23B in Valuation

​​3 Unintended Consequences of Well-Intentioned Cyber RegulationsPolicymakers worldwide are stepping up efforts to create cyber regulations that can help mitigate and boost society's resilience against these threats and assert control over how some technological innovations are used.    Autonomous Vehicles: Predictions vs. TruthThe cause of most accidents is human error; distracted driving, speeding, drunk driving and reckless driving are the top four causes of accidents. If we could eliminate these and other driver-related factors, the number of accidents would significantly drop.North Atlantic Hurricane Season Begins with Ripe Conditions for Above-Average ActivityThe pre-season forecast update for North Atlantic hurricane activity continues to forecast 18 named storms, eight hurricanes…

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Big I NY’s Photo Inspection Reform Bill Just Passed the Legislature

​The New York State Senate​ recently passed Big I NY's Auto Insurance Consumer Relief Act, our bill to make CARCO inspections optional at the discretion of insurance carriers. Earlier this year, the bill passed the Assembly. Now, all that remains is for it to be signed by the Governor. I want to take a moment to thank all of our agents who spoke up on this critical issue. This is a truly historic accomplishment; for over a decade this bill has never moved. Today, it is one stroke of a pen away from becoming law. What did it take to get here? Persistent pressure from agents. Dozens of…

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The Value of IMS to Any Size Agency

Whether your agency is big or small, the more markets you have access to, the better chance you have to write more business. Big I New York has made market access an integral part of your membership through our investment in the Independent Market Solutions (IMS) program, a market access solution for any size agency.For new or smaller agencies with few or no direct appointments, IMS can help you gain new carrier appointments as IMS subproducers. As an IMS subproducer, you'll start building relationships directly with carriers, earn standard commissions, and, once minimum premium thresholds and performance standards are met, gain the opportunity to “graduate" to…

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