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Big I NY Can Help You Meet the New CE Requirements!

We have worked with the Department of Financial Services and are excited to let you know that we have numerous classes approved for the various new requirements. We are ready, willing and able to help you get the new CE requirements you need to renew your license after 4/1/2022.  (Remember, if you can complete your CE requirements and renew prior to 4/1, you don’t need to worry about the new requirements until the next renewal period).  We have worked with our friends at the Department of Financial Services to get numerous classes approved for the various new requirements.  You can see our current list of classes…

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Industry Roundup: ​”Unprecedented” Rise in Auto Thefts; Women Are Underrepresented in Independent Agency Leadership; Consumers of All Generations Prefer Insurance Agents; Lemonade Execs Expect ‘Peak Losses’ in 2022

​"Unprecedented" Rise in Auto Thefts – Insurance Crime Bureau Issues WarningMajor cities across the US have seen an “unprecedented" surge in auto thefts and carjackings in recent years, the National Insurance Crime Bureau (NICB) has warned.Roof Inspection Tech Could Speed Claims Process, Prevent LossRoof inspections after storms are often costly and inconvenient. New technology could streamline the process for insurance companies and customers.Small Businesses Are Big Targets for Fund Transfer FraudThe 'low-tech' cybercrime saw big increases in losses and frequency among operations with less than $25M in annual revenue.Women Are Underrepresented in Independent Agency LeadershipA new study from Safeco Insurance and Liberty Mutual Insurance shows…

Continue ReadingIndustry Roundup: ​”Unprecedented” Rise in Auto Thefts; Women Are Underrepresented in Independent Agency Leadership; Consumers of All Generations Prefer Insurance Agents; Lemonade Execs Expect ‘Peak Losses’ in 2022

​ Albany Update: Big I NY Calls for UI Tax Relief, Assembly Insurance Committee Hearing Postponed, Redistricting Drama Continues

​This week, Big I NY joined fifty business organizations in calling on the state legislature to use up to $3B in state funds to provide desperately-needed relief from rising unemployment insurance (UI) taxes. Soaring UI taxes demand the State's attention - inaction will only delay New York's economic recovery. According to the New York State Comptroller, compared to contributions made in 2020, total state and federal UI taxes paid by New York employers will increase by at least 45.4 percent to as much as 254 percent in 2025.3 This would be catastrophic for our state's job creators.The proposed Assembly Insurance Committee hearing to evaluate the…

Continue Reading​ Albany Update: Big I NY Calls for UI Tax Relief, Assembly Insurance Committee Hearing Postponed, Redistricting Drama Continues