Congressional Proposal to Reform NY Labor Law Championed by Big I NY

Abstract: Big I New York’s efforts to spur congressional action on the state’s “scaffold law” bore fruit this week when Congressman Nick Langworthy (NY-23) introduced the Infrastructure Expansion Act (H.R. 3548) in the U.S. House of Representatives. The bill would modify the law’s effects on construction projects receiving federal funding. Body: Big I New York meeting with Rep. Nick Langworthy in Washington, D.C. to discuss the impact of Labor Law 240/241 on the New York insurance marketplace. (from left, Ashley Engl, Travis Wattie, Doug Benz, Rep. Langworthy, Patrick Erickson, Lisa Hussainov, Kristin McNally, and Kate Sellers. Big I New York's efforts to spur congressional action on…

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DFS Proposes Hurricane Deductible Trigger Regulation

Abstract: The New York State Department of Financial Services (DFS) has formally proposed an amended regulation on hurricane deductible triggers. Body: ​The New York State Department of Financial Services (DFS) has formally proposed an amended regulation on hurricane deductible triggers. The department is accepting comments from the public until July 7.The regulation will implement a law enacted last year. That law, which Big I New York supported, requires the department to “by regulation establish standards for hurricane windstorm deductibles, which create, to the greatest extent possible, uniformity in the operation of such deductibles with respect to the triggering event." The law was intended to respond…

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Big I NY Single Producer License Bill Introduced

Abstract: Big I New York’s bill to create a single insurance producer’s license has been introduced in the New York State Assembly. Body: ​Big I New York's bill to create a single insurance producer's license has been introduced in the New York State Assembly. Assemblymember Pamela J. Hunter (D – 128th District) introduced Assembly Bill 8065 in that chamber on April 22, 2025.The bill would replace separate licenses for insurance agents and brokers with a single producer's license. Separate licenses for the life/health and property/casualty lines of authority would continue to exist.The bill would conform New York's licensing system with those in most other states.…

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