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Reminder: BR License Renewals for Agencies Switching to June 30 Expiration Date

​Property-casualty broker (BR)  licenses for insurance agencies are coming up for renewal this October 31, and some of you who have renewed already are noticing a change. For as long as anyone can remember, BR licenses have expired on Oct. 31 in even-numbered years. That has changed.In 2017, the New York State Legislature and Gov. Andrew Cuomo enacted a change in the licensing law, a change written by Big I New York. Any license, whether it is a broker license or an agent (PC or LA) license, issued to a business organization will expire on June 30 in odd-numbered years. Under the old law, agencies…

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On Our Mind… A Preview of CE This Fall

By Sue Keegan, AIC, MBA, Learning & Development CoordinatorJust like a lot of people, I am missing going to the movies.  I love all of it.  The popcorn, the reclining seats, the actual movie and the previews.  I love the previews.  I wanted to take this opportunity to offer you some Big I NY education previews.  We have some great classes coming up and some great opportunities for you to obtain CE credits.  Also, in case you were not aware, the DFS has extended “the suspension of the requirement that a monitor be present to complete producer continuing education and pre-licensing course exams online for…

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3 Things Your Agency Can Do Today for a Better Tomorrow 

​We are now in our sixth month of the COVID-19 Era, with little hope for an early end. Social distancing and masks will continue to be parts of our lives for now. The changes that seemed shocking to insurance agencies in March have now become Just The Way Things Are.   But people are still buying homes (there were almost 22,000 closed and pending sales in New York in June,) cars (auto sales were at an annual pace of 14.5 million units in July,) and businesses are hiring back some workers, though not as quickly as they shed them in the spring. Commerce is continuing as much as it can during a time…

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