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Kemper To Rescind Retroactive Cancellation Thanks to Big I NY Advocacy

Important Update from President & CEO, Lisa LounsburyLast week, Kemper Insurance notified many agents that their producer and agency agreements were terminated, retroactive to October 1, 2023. Big I NY immediately responded by alerting the NYSDFS of this unfair and troubling action. NYSDFS investigated and subsequently compelled Kemper to rescind the changes, restoring all producer and agency agreements.  We spoke to Kemper Insurance and they confirmed that they will be restoring agency appointments back to October 1, 2023.  They also reiterated that agents are able to continue servicing their clients by contacting the Kemper underwriting department.  The NYSDFS is working with Kemper on the agent communication that…

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​ Did the FTC Just Ban Noncompetes? Not So Fast.

​What Happened:Yesterday, the Federal Trade Commission (FTC) sent shockwaves through the employer community with the announcement of a nationwide ban on noncompete agreements. The controversial and highly-publicized regulation was approved following a 3-2 vote of the commissioners. The rule now enters a 120-day public comment period before being effective.While the media coverage may give the impression this is a done deal, that is hardly the case. Despite the FTC's action yesterday, the ultimate fate of the noncompete agreement regulation remains in serious question. The FTC maintains that it possesses the legal authority to prohibit the use of noncompete agreements (and to ban other business practices and…

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The ONE Reason You Should Support IAPAC

Contributing to the Independent Agents Political Action Committee (IAPAC) is one of the most impactful things you can do for the profession that you love. It all comes down to one thing. The most important thing. Without this, nothing else matters.Protection. Every day you help people protect what matters most to them. But what are you doing to protect the future of your agency? Your career? The business we all love so dearly?IAPAC exists to protect you. As a non-partisan political action committee, its singular purpose is to support the election of state candidates who support our profession.You know Big I NY has your back,…

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