Albany Update: Big I NY Calls for Veto of Insurance Disclosure and Dog Breed Underwriting Restriction Bills

​The legislature is adjourned and not scheduled to reconvene until January 2022. However, two Big I NY-opposed bills were passed by the legislature, and will be sent to the Governor for signature or veto. Big I NY is calling on the Governor to veto both of these bills.Disclosure of Policy Information in Litigation – S.7052/A8041At the 11th hour, the Senate and Assembly rushed through legislation mandating that all insurance documents be disclosed early in litigation, including insurance application documents. We opposed this bill on the grounds that it creates serious privacy concerns for insureds, as insurance applications contain a large amount of personal information that…

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COVID State of Emergency Lifted, Remote Notarizations No Longer Permitted

On June 24th, Governor Cuomo announced the end of the COVID-19 State of Emergency, thus ending the associated emergency executive orders. This means that for the time being, remote notarization is no longer authorized, and the notary rules revert to the pre-pandemic state. However, the legislature recently passed a Big I NY-supported bill to allow remote notarization on a permanent basis. That bill has not yet been sent to the Governor, and once it is signed as anticipated, it will take effect in 120 days.We do not have an exact timeframe as to when the bill will be sent to the governor and signed, but…

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Celebrating Pride Month

​At Big I New York, we believe the insurance industry has a place for everyone. While we celebrate LGBTQ+ Pride Month in June, our commitment to making the insurance industry more diverse, equitable and inclusive is a year-round endeavor. We encourage you to learn more about the history of Pride Month here, and learn more about Big I NY's diversity and inclusion initiatives here.​Know someone who would be a great fit in the insurance industry? Have them visit insuremycareer.com to get started.Source

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