Albany Update: Anti Arson Repeal Bill Advances, One House Budgets Released, Big I NY Argues Appeal to Best Interest Regulation, DFS Diversity Guidance Issued
Albany is buzzing with activity, and Big I NY is hard at work representing your interests. Here is a recap of the recent developments at the state capitol. Our 2021 legislative agenda has been released – read the full position paper here. On Wednesday, March 17th, the Assembly Insurance Committee passed Big I NY-supported legislation to repeal the anti-arson application in NYC, the last jurisdiction where it still applies. We anticipate the bill will be put to a vote by the full Assembly in the near future, and once passed, must pass through the Insurance committee and a full vote in the Senate. This legislation was a…