2020 Recap: How Big I NY Fought for You in Albany
2020 has been a tumultuous year, and the IA community and our customers faced many challenges. In a time of crisis, our advocacy efforts on your behalf are crucial. Here's how Big I NY had your back in Albany:Defeated A Regulatory Power Grab:In January 2020, the Governor announced an executive budget which would expand the NYS Department of Financial Services' (DFS) authority to levy fines and penalties against insurance agents and brokers, as well as substantially increases in possible fines. Big I NY met with key legislators in the Senate and Assembly, and deployed an aggressive grassroots lobbying campaign, culminating in our Independent Agents Advocacy…