Advocacy

Abstract: The causes of rising Homeowners insurance premiums in New York are mostly self-inflicted, Big I New York told a state Senate panel Tuesday. Body: ​The causes of rising Homeowners insurance premiums in New York are mostly self-inflicted, Big I New York told a state Senate panel Tuesday. The remarks came at a day-long special hearing on affordability issues in the state's residential property insurance market. Members of the Senate's standing committees on Insurance; Investigations and Government Operations; and Housing, Construction, and Community Development heard testimony from many different perspectives inside and outside the industry.The hearing stemmed from an investigation the three committees launched last…

Body: ​It’s official—legislation repealing the “Anti-Arson” application has been signed into law by Gov. Hochul.  The change goes into effect immediately, but we strongly advise adhering to carrier requirements until they have implemented this change to their processes.  A.112/S4157 repeals Section 3403 of the New York State Insurance Law​.  After being repealed in both the cities of Buffalo and Rochester, the anti-arson form requirement was only applicable to certain properties in New York City.  With the Governor’s signature, no property owners in New York state are required to complete the form.  Big I New York has fought for several years to have this outdated requirement repealed. Thank you to  Big…

Abstract: Congress has passed legislation to make the federal 20% Qualified Business Income (QBI) deduction permanent for agencies structured as pass-through entities. Body: ​Thanks to the dedicated efforts of the Big "I" legislative team and the members who attended the 2025 Legislative Conference in Washington, D.C., Congress has passed legislation to make the federal 20% Qualified Business Income (QBI) deduction permanent for agencies structured as pass-through entities.To help quantify the impact of this significant advocacy achievement, Big "I" is conducting a brief, 3-question survey. If you are an agency owner operating as a pass-through entity, we encourage you to participate. The survey can be completed…