Advocacy

Abstract: Big I New York issued comments in support of the hurricane deductible draft rule Body: ​New York State is one step closer to a more uniform hurricane deductible trigger​ as the proposed rulemaking comment period for the new law ended this week.  Big I New York issued comments in support of the draft rule, noting that it strikes a balance between establishing a more uniform hurricane deductible trigger while allowing consumers the choice to secure a policy that suits their risk tolerance.  During early conversations with the Department of Financial Services (DFS), we emphasized the importance of prioritizing clarity, choice, and competition throughout the rulemaking…

Abstract: The New York State Department of Health (DOH) recently announced that, effective January 1, 2026, compensation to licensed brokers and agents for Essential Plan health coverage via the NY State of Health Marketplace will no longer be permitted for new enrollments or renewals. Body: ​The New York State Department of Health (DOH) recently announced that, effective January 1, 2026, compensation to licensed brokers and agents for Essential Plan health coverage via the NY State of Health Marketplace will no longer be permitted for new enrollments or renewals.  The Essential Plan is an affordable health plan for New York residents who are not eligible for…

Abstract: Lawmakers concluded their regularly scheduled 2025 legislative session this week, but work is far from over. Body: ​Lawmakers concluded their regularly scheduled 2025 legislative session this week, but work is far from over. Big I New York and the insurance industry secured legislative wins and stopped several negative bills. The largest bill category, however, is important proactive bills that were held in one or both chambers. This means that there is much work to be done over the next six months to prepare for the 2026 legislative session.Big I New York tracked hundreds of bills this session. The following represents the status of just a handful of priority…