By Julie FurstWhat matters when choosing a new team member:SkillsetExperienceAttitudeCommunication stylePotential for growth and learningWork ethicWillingness to collaborateWhat doesn't matter:What they look likeWho they loveIn fact, diversity in your team helps you understand, empathize with, and serve more people. More customers.And different experiences and viewpoints just make life more interesting.Source
This week, the New York State legislature adjourned until January of 2024. The legislature passed thousands of bills, including several that will have impacts for your agency. Big I New York actively lobbied on these issues and we are pleased that two of our highest priority bills have passed the legislature and will soon be sent to the governor for action.Photo Inspection ReformWhat the Bill Does: Allow insurance companies to waive CARCO inspections for the next four years. After four years the change will sunset and photo inspections will again be required, unless the bill is extended or further modified.What it Means for You: This bill…
The New York State budget enacted last month added new guaranty fund protections for health insurance policies. They took effect on May 3, 2023.A series of provisions in the budget bills renamed The Life and Health Insurance Company Guaranty Corporation of New York Act as "The Life and Health Insurance Company Guaranty Corporation of New York Act." The purpose of the act was amended to include health care providers as among the protected groups. It also states that the protected groups include those who may benefit from health insurance policies issued by health insurance and property-casualty insurance companies.If a health insurance company or a property-casualty company that…