VIDEO: N.Y. Changes – Peer-To-Peer Car Sharing

​A new state law has made peer-to-peer car sharing programs, such as those offered by Turo, available in New York State. Last week, the state Department of Financial Services published several changes to insurance regulations to implement the law. Watch this two-minute video to learn what they mean to your clients and you.Music by AudioCoffee from Pixabay ​[embedded content] Source

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Big I New York Earns Diamond Elite Insurance Education Honors from IIABA

​By Sue Keegan, Education AdministratorWe are excited to announce that Big I New York has earned a Diamond Elite 2022 Excellence in Insurance Education award from IIABA!The criteria for this award includes creation of new programs, ways to deliver education in our "new normal," innovation, and marketing.    We are honored to continue to deliver you award-winning education opportunities!Love, your awesome education team,Jim, Sue, Tim, Lisa and KimSource

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Industry Roundup: Pandemic Takes Toll on Mental and Physical Wellbeing, Leading to More Online Insurance Purchases; Price of Homeowners Insurance Jumps 34%; U.S. Commercial Auto Q1 Premiums Make Significant Jump Over 5 Years

Pandemic Takes Toll on Mental and Physical Wellbeing, Leading to More Online Insurance PurchasesA Swiss Re Institute survey of 11,000 consumers worldwide conducted two years into the COVID-19 pandemic found that the pandemic led to an increase in online insurance purchases as well as a greater willingness to share personal health data, particularly among the younger generation.State Farm Hit by Summary Judgement ReversalA court order which granted summary judgment to State Farm over a breach of policy case has been reversed. Price of Homeowners Insurance Jumps 34%QuoteWizard® released their annual "State of Home Insurance" report and found that the average price of home insurance has increased…

Continue ReadingIndustry Roundup: Pandemic Takes Toll on Mental and Physical Wellbeing, Leading to More Online Insurance Purchases; Price of Homeowners Insurance Jumps 34%; U.S. Commercial Auto Q1 Premiums Make Significant Jump Over 5 Years