Justice Ketanji Brown Jackson on Insurance

Ketanji Brown Jackson today took the oaths of office to become the newest associate justice of the U.S. Supreme Court. She succeeds Associate Justice Stephen Breyer, for whom she once served as a clerk. I always find it interesting, when a Supreme Court justice enters or exits (Scalia, Ginsburg) the stage, to investigate how they have ruled on cases that might be of concern to insurance carriers, agents or brokers. Presidents tend to pluck jurists from the federal courts when they nominate Supreme Court justices. Insurance, however, is regulated primarily at the state government level. For that reason, I don't often find a lot when…

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Industry Roundup: ​Legal Clashes Await U.S. Companies Covering Workers’ Abortion Costs; Adapting to Changing Policyholder Behaviors & Expectations; Cyber Pirates Prowling Ship Controls Threaten Another Big Shock; Health Insurance Premiums Poised to Jump

Legal Clashes Await U.S. Companies Covering Workers' Abortion CostsA growing number of large U.S. companies have said they will cover travel costs for employees who must leave their home states to get abortions, but these new policies could expose businesses to lawsuits and even potential criminal liability, legal experts said.Adapting to Changing Policyholder Behaviors & ExpectationsThere is a need to evolve data analytics alongside changing customer behaviors and expectations.How Cannabis Legalization in NY is Affecting Landlords One Year LaterLandlords should first check with their insurers before renting to determine whether any loss arising from marijuana use by a tenant must be excluded.Cyber Pirates Prowling Ship…

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Big I New York and IMS

Independent Market Solutions (IMS) was established in 2007 with the goal of creating greater market access for member agents. In 2019, Big I New York made the investment to be a part of IMS and, since that time, we have grown market availability in New York to include 11 participating carriers that offer personal, commercial, and various specialty lines. The purpose of IMS is to provide member agents access to quality insurance markets and alternatives that may be otherwise unavailable. IMS creates marketplace leverage through its negotiated contracts, which can be particularly helpful for smaller or rural agents.  Big I New York membership allows your agency to sign-up for the…

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