​Big I NY Calls for Common-Sense Amendments to Emergency Insurance Regulation

Big I NY has asked the Department of Financial Services for two amendments to the current emergency insurance regulation, which imposes a moratorium on cancellations and non-renewals, and grants a 12-month grace period for repayment of premiums, for policyholders suffering hardship due to COVID-19.  We expect the emergency regulation will be amended or re-issued prior to its expiration on June 28th, since the governor has ordered that the cancellation moratorium and grace period provisions remain in effect until July 6th (a detailed discussion of the reason for the two different dates follows). We have asked the DFS to: Remove the requirement that producers notify customers of the…

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On Our Mind…Staying Motivated

​​By Jim Lombardo, CPCU, AAI, AIM, MBA, AVP of Learning & Development​​As Mark Twain once said, “If it's your job to eat a frog, it's best to do it first thing in the morning. And if it's your job to eat two frogs, it's best to eat the biggest one first."The frog is that one thing you have on your to-do list that you have absolutely no motivation to do and you're most likely to procrastinate on. Eating the frog means to just do it.  Otherwise, the frog will eat you, and you'll end up procrastinating it the whole day.Once that one task is done, the…

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On Our Mind…Do Something Nice for Someone

​By Jim Lombardo, CPCU, AAI, AIM, MBA, AVP of Learning & Development​​ “We can't help everyone, but everyone can help someone." – Ronald Reagan I rarely go through the drive through at my local coffee shop.  I am either too cheap, running too late or just plain impatient.  However, I decided to get a small coffee to go the other morning and was pleasantly surprised when I went up to the window to learn that someone had already paid for my coffee.  I immediately thought to myself, “shoot I should have ordered a large!!“ Just kidding.  I said to myself, “wow that was really nice!!" I share…

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