Advocacy

​On Tuesday, August 10th, Governor Andrew Cuomo announced his resignation as the state's 56th governor, effective August 24th. Kathy Hochul, the current Lieutenant Governor, will succeed him for the remainder of the term, becoming the state's first female governor. Hochul, a moderate Democrat and upstate native confirmed on Thu​rsday that she intends to run for governor in 2022.What's Next?At a recent press conference, Hochul reiterated that Andrew Cuomo remains the Governor until August 24th, and she will work with him on an orderly transition. She also indicated that she intends to announce who she will appoint as her Lieutenant Governor in the coming weeks, and has…

​On August 2nd, Governor Cuomo signed legislation which permits NYSIF to write workers' compensation coverage for policyholders' out-of-state employees. NYSIF will partner with carriers in other states to provide coverage to businesses doing work outside of NY, provided the business has more payroll or premium in NY than in all other states combined.According to a press release, NYSIF expects to begin offering this coverage beginning the first half of 2022.Contact Scott Hobson with any questions.​  Source

​The legislature is adjourned and not scheduled to reconvene until January 2022. However, two Big I NY-opposed bills were passed by the legislature, and will be sent to the Governor for signature or veto. Big I NY is calling on the Governor to veto both of these bills.Disclosure of Policy Information in Litigation – S.7052/A8041At the 11th hour, the Senate and Assembly rushed through legislation mandating that all insurance documents be disclosed early in litigation, including insurance application documents. We opposed this bill on the grounds that it creates serious privacy concerns for insureds, as insurance applications contain a large amount of personal information that…