News

3, 2, 1 with Sue Keegan: CE Requirements Update; Pre-licensing; Big I NY’s TikTok

​By Sue Keegan, AIC, MBA, Learning & Development Manager​3 ThingsHappy New Year!Our first Pre-Licensing class of the year kicks off tomorrow.  You can still grab a seat.  2 Ideas1 QuestionForget the resolution questions, I want to know if you became as enamored with TikTok as I did in 2021.  From TikTok made me buy it to BookTok, I am all in.  Did you know that Big I NY has a TikTok – find us @bigin​ewyork.   Let me know your favorite TikTokkers via email at ​skeegan@biginy.org or post in our Community.Source

Continue Reading3, 2, 1 with Sue Keegan: CE Requirements Update; Pre-licensing; Big I NY’s TikTok

DFS: Licensees Whose Licensees Renew Before 4/1/22 Not Required to Show Compliance with New CE Subject Requirements

​​The ​​DFS has responded to Big I NY's request for clarification about the implementation of new continuing education requirements. On November 12, 2021, the Sixth Amendment to 11 NYCRR 20 (Insurance Regulations 9, 18, and 29) took effect. This amendment mandates that of the 15 continuing education required to be completed every two years by certain insurance producers and public adjusters (collectively, “licensees") at least one credit of Insurance Law instruction, one credit ethics and professionalism instruction, one credit of diversity, inclusion, and elimination of bias instruction, and, for those licensed to sell one or more lines of property/casualty insurance, credit of flood insurance instruction, must be…

Continue ReadingDFS: Licensees Whose Licensees Renew Before 4/1/22 Not Required to Show Compliance with New CE Subject Requirements

Industry Roundup: Stay Lifted on Federal Shot-or-Test Mandate for Large Employers; Trends That are Reshaping the Insurance Market; Cyber Disruptions of Infrastructure Networks Can Cost Millions in a Day

Trends That are Reshaping the Insurance MarketIt's no secret that advances in technology have pushed those in the insurance industry to make major changes and a recent 2022 analysis explores four major trends insurers may see as we enter the new year.Berkshire's Candymaker Must Face Worker's Suit Over Husband's COVID DeathA California candymaker must face a lawsuit by an employee who says she caught COVID-19 at work and gave it to her husband, resulting in his death, a state appeals court held on Tuesday, upholding what appeared to be the first ruling allowing a worker's lawsuit against an employer over a family member's COVID death.Tornadoes…

Continue ReadingIndustry Roundup: Stay Lifted on Federal Shot-or-Test Mandate for Large Employers; Trends That are Reshaping the Insurance Market; Cyber Disruptions of Infrastructure Networks Can Cost Millions in a Day