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Deadline For New Cybersecurity Reg Requirments is Nov. 1

​We want to remind all Big I New York members of the upcoming deadline for complying with new cybersecurity requirements. The New York State Department of Financial Services (DFS) last November 1 amended its Cybersecurity Requirements for Financial Services Companies regulation. That amendment included several changes. Some of the changes took effect immediately. The deadlines for others were this past spring, with the deadlines for the rest next month and next year.Many of the regulation's 24 sections do not apply to businesses that qualify for the “limited exemption." A business qualifies for the limited exemption if any one of the following three things are true…

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Big I NY Advocacy Secures Critical Supplemental Spousal Liability Reforms

​Thanks to the advocacy efforts of the Big I NY legislative team and members, Gov. Hochul has signed into law a bill that narrows the Supplemental Spousal Liability (SSL) opt-out to only those policyholders who indicate on their insurance application that they have a spouse.  Big I NY drove conversations with lawmakers around the customer confusion and time-burden of the original SSL opt-out requirement and engaged members in multiple grassroots calls to action urging both the State Legislature and Governor to quickly remedy the issue.  Thank you to those who made their voice heard on this matter and to lawmakers who swiftly addressed the challenges created by…

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Local Leaders from Around the State Come Together

Local Association leaders from across the state met in Cazenovia this week to connect and exchange ideas and solutions to challenges.  Discussion topics ranged from NextGen in action, attracting diverse members, financial best practices and how to build community in their region of the state.  Local leaders had the opportunity to “speed network" with Big I NY officers and directors and the afternoon was capped off with a great discussion led by IIABA Chair of the Board Todd Jackson.  The following morning, leaders broke out by regions to focus on what members in their part of the state need and how Big I NY can…

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