Advocacy

​On Wednesday, March 20th, the New York State Assembly Insurance Committee voted in favor of two of our high priority bills. The first bill will eliminate the anti arson application in New York City​, which is the only jurisdiction which still requires it. The second bill makes common-sense changes to the recent supplemental spousal liability opt-out law. The changes will exempt unmarried policyholders from automatic enrollment in the coverage, and will not apply automatic enrollment to commercial auto policies. Big I New York has lobbied strongly in support of both bills and recently met with committee chairman David Weprin (D, Queens), to express our support for…

​In November 2023, Big I NY celebrated the signature of our top priority bill, which will allow carriers to waive CARCO photo for any or all vehicles in NY. Here is all you need to know about how this will work!When can carriers begin waiving photo inspections? The new law will become effective on May 15th, 2024. We anticipate that many carriers will begin waiving photo inspections on or shortly after this date.How long will carriers be allowed to waive photo inspections? Until October 1, 2027 if the law is not extended or made permanent. Big I NY is committed to making these changes permanent.Do…

​By Scott Hobson, AVP of Government RelationsSHobson@BigINY.orgNew York's budget process is in full swing, and Governor Hochul recently released her executive budget proposal. As the first step in the budget process, the Governor's proposal lays out her vision for how the state will collect and spend tax dollars, as well as major policy initiatives for the year. Next, each house of the legislature will issue their own proposals, and the legislative leaders and governor will negotiate on a final budget, which is due by April 1st.Many of the Governor's proposals would impact IAs and their customers. Throughout the budget process Big I NY's government affairs…