Advocacy

Abstract: On January 21, I had the incredible opportunity to join the Big I NY G100 advocacy event in Albany, and it was an experience I won't soon forget. Body: ​My Experience with the Big I NY G100by: Yuliya Karpov, Commercial Sales Executive at NBT Insurance AgencyOn January 21, I had the incredible opportunity to join the Big I NY G100 advocacy event in Albany, and it was an experience I won't soon forget. As part of the Central New York cohort, I joined insurance professionals from across the state to meet with legislators and share how the current insurance market is impacting New Yorkers.The…

Abstract: On January 9, State Senator Jamaal Bailey (D-Bronx/Westchester) was named chair of the Senate Insurance Committee. Body: ​On January 9, State Senator Jamaal Bailey (D-Bronx/Westchester) was named chair of the Senate Insurance Committee.  Sen. Bailey succeeds Sen. Neil Breslin (D-Albany), who retired after 28 years of public service in the State Senate. Sen. Bailey represents the 36th State Senate District, which stretches east of the Bronx River Parkway from East Bronx in the south and just north of Mt. Vernon.   Sen. Bailey was first elected in 2016 after serving as Community Relations Director for Assembly Speaker Carl Heastie.   In the State Assembly, Assembly Member David Weprin (D-Queens)…

Abstract: New York Gov. Kathy Hochul this weekend once again vetoed legislation to dramatically expand the categories of damages that can be recovered via lawsuit for an alleged wrongful death Body: ​New York Gov. Kathy Hochul this weekend once again vetoed legislation to dramatically expand the categories of damages that can be recovered via lawsuit for an alleged wrongful death. In the veto message, Gov. Hochul emphasized that the bill posed a risk to the financial well-being of the state's healthcare system and could lead to higher costs, including insurance premiums.Big I New York has been a staunch opponent of the proposal, citing a multi-billion…