NYAIP Changes Endorsements to Exclude Car Sharing

​The New York Automobile Insurance Plan (NYAIP) has announced the adoption of several new and revised endorsements designed to exclude coverage for losses arising out of peer-to-peer car sharing arrangements. The endorsements were adopted effective Nov. 23, 2022. You should expect to see them on NYAIP policies immediately.A peer-to-peer car sharing arrangement is one where an individual owner of an automobile makes it available for rental to another individual by way of a smart phone application platform. Turo is the most well known such platform.A law permitting such arrangements in New York took effect last spring. The New York State Department of Financial Services has…

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California To Require License Numbers on Agents’ Emails

​​A newly adopted amendment to the insurance licensing law in California will require most emails sent by producers to include their California license numbers. The change was signed into law by California Gov. Gavin Newsom on September 18 and takes effect on January 1, 2023. If you have a California license, you will need to comply with this requirement for emails with anyone who has a loss exposure in that state.Current state law already requires producers to include their license numbers on business cards, written price quotations, and print advertisements in a specified type size. Section 13 of the new measure adds emails to that list. It…

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Big I NY’s Dodge Honored at Industry Conference, Joins Organization’s Board

​From left to right are Maria Dressman of Elliott Group in Kansas and conference chair; Peter Quirk of ISO; and Tim Dodge The Insurance Intelligence Committee​ this week honored Tim Dodge, AU, ARM, CPCU, assistant vice-president of research and information for Big I New York, at the annual Mid-America Insurance Conference in Kansas City, Missouri. In a separate action, the committee elected Dodge to a position on its board of directors.The committee presented Dodge with one of two Agent Of Change Awards at a luncheon held on November 7, the first full day of the conference. The award was for an agenda item submitted at…

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