News

Abstract: Many of the insurance industry’s leading advocates—including Big I New York, Big I Connecticut, and the national Big “I”—joined key state legislators in Chicago last week for the National Council of Insurance Legislators (NCOIL) Summer 2025 Meeting. Body: ​Many of the insurance industry's leading advocates—including Big I New York, Big I Connecticut, and the national Big “I"—joined key state legislators in Chicago last week for the National Council of Insurance Legislators (NCOIL) Summer 2025 Meeting. Independent agents and brokers were well represented through the active participation of Travis Wattie, AVP of Government Relations for Big I New York & Connecticut, and Wesley Bissett, Senior…

Abstract: Big I New York issued comments in support of the hurricane deductible draft rule Body: ​New York State is one step closer to a more uniform hurricane deductible trigger​ as the proposed rulemaking comment period for the new law ended this week.  Big I New York issued comments in support of the draft rule, noting that it strikes a balance between establishing a more uniform hurricane deductible trigger while allowing consumers the choice to secure a policy that suits their risk tolerance.  During early conversations with the Department of Financial Services (DFS), we emphasized the importance of prioritizing clarity, choice, and competition throughout the rulemaking…