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6 Questions with David Borg

​​Where are you originally from?Huntington, NY​What is your favorite professional experience/moment?Being installed as the Suffolk Big I President.​What's your top piece of advice individuals starting out in the industry?Find a mentor​What do you see as the greatest opportunity for the independent agency system over the next 5-10 years?The ability to provide personal service.  I feel people are getting frustrated with not being able to easily find help.Wh​at do you enjoy most about working at Borg & Borg, Inc.?Building relationships with my people​Where can you be found on the weekend?With my familySource

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Momentum Building: Big I NY Photo Inspection Bill Passes the Assembly

​On Wed​nesday, the New York State Assembly passed our bill to make CARCO inspections optional at the discretion of insurance carriers. We thank the bill sponsor, Assemblyman Kenneth Zebrowski (D, Rockland) for his leadership on this top-priority issue.This is a historic and important step forward. The bill has never before passed either chamber. The vote is the culmination of years of hard work. You called, you emailed, you met with lawmakers. Together we made the case, and the Assembly has listened. Now, the bill must pass the Senate, then be signed by the Governor. Tell your Senator to support this critical bill today!We are pulling out all the stops…

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Industry Roundup: ​What to do About the Crisis of Underinsurance; Russian Invasion of Ukraine, Cyberattacks, and War Exclusions in P/C Policies; Chubb Investors to Vote on Proposal to End New Fossil Fuel Underwriting; & More

​What to do About the Crisis of UnderinsuranceThree out of five homes in the U.S. are underinsured by an average of 20% below full value, according to a citation from the property data aggregator CoreLogic in a 2019 report published by Rutgers Center for Risk and Responsibility. Chubb Investors to Vote on Proposal to End New Fossil Fuel UnderwritingThe U.S. Securities and Exchange Commission (SEC) has ruled in favor of a landmark shareholder resolution calling for Chubb to stop underwriting new fossil fuel supply projects. Floods Drive Economic Losses in 2021, but Only 25% of Risks Are InsuredMore than 50 severe flood events around the…

Continue ReadingIndustry Roundup: ​What to do About the Crisis of Underinsurance; Russian Invasion of Ukraine, Cyberattacks, and War Exclusions in P/C Policies; Chubb Investors to Vote on Proposal to End New Fossil Fuel Underwriting; & More