End of Session Update: Four Bills Affecting Your Agency That May Soon Become Law

This week, the New York State legislature adjourned until January of 2024. The legislature passed thousands of bills, including several that will have impacts for your agency. Big I New York actively lobbied on these issues and we are pleased that two of our highest priority bills have passed the legislature and will soon be sent to the governor for action.Photo Inspection ReformWhat the Bill Does: Allow insurance companies to waive CARCO inspections​ for the next four years. After four years the change will sunset and photo inspections will again be required, unless the bill is extended or further modified.What it Means for You: This bill…

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Big “I” Legislative Conference Recap

 More than 20 Big I NY members traveled to Washington, DC on April 26-27 for the Big I National Legislative Conference.  They had a total of 13 meetings with members of Congress to discuss federal issues impacting independent agents and their clients including small business tax credits, national prohibition of most non-compete agreements, National Flood Insurance Program and others.  The weather was perfect and many found a bit of time to take in the sights, including a group tour of the Capitol.  Big I NY is the voice of independent agencies in New York!  ​Source

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Albany Update: Photo Inspection Bill Clears Legislature, Excess Lines Bill Advances, SIF Reform Bill Introduced

Big I NY Photo Inspection Reform Bill Clears Legislature:This week, we celebrated a major milestone in our campaign to end mandatory CARCO inspections, with the State Senate passing our photo inspection reform bill by a vote of 55-8. The bill passed the Assembly in March, meaning that final step is for the Governor to sign it into law. The bill next must be “sent" by the Assembly to the Governor, which triggers a ten-day period for her to take executive action. Big I NY is working with the Governor and Assembly to ensure this process happens swiftly. We are optimistic the bill will be signed,…

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