Big I New York News

N.Y. Bill Aims to Give Policyholders Private Right of Action in Unfair Claims Disputes

A proposed bill in New York relating to unfair claims settlement practices would provide policyholders with a private right of action against insurers who refuse or delay payment of a claim. The bill comes as many policyholders have expressed frustration …

Big I New York Welcomes Lombardo as AVP of Learning and Development

Big I New York has welcomed Jim Lombardo as the association’s AVP of Learning and Development. Lombardo will be responsible for expanding the association’s education and research offerings to meet the needs and expectations of 21st century learning. Lombardo joins …

Big I New York Elects Cofini as Board Chair

Big I New York, the state’s independent insurance producer trade association, has elected John Cofini as its chair of the board for the 2019-2020 term. Cofini was sworn in during a May 21 ceremony at Big I New York’s Go …

Big I New York Appoints Hobson as Director of Government Relations

Big I New York, the state’s oldest insurance producer trade organization, has appointed Scott W. Hobson as its director of government relations. In this role, Hobson is responsible for developing and advancing Big I New York’s government relations strategy and …

New Law Requires Notice of Workers’ Comp Premium Hikes in New York

New York Governor Andrew M. Cuomo signed Assembly Bill No. 1620 into law yesterday, requiring insurance companies to notify employers in advance of some workers’ compensation insurance premium increases. The law was written by Big I New York, the state’s …

DFS Finalizes Regulation to Strengthen New York No-Fault Insurance Law

A new regulation issued by the New York State Department of Financial Services (DFS) aims to curb costs and abuses of New York’s no-fault insurance law while leveling the playing field for New York insurers, according to a DFS press …

Two of the Oldest Statewide Insurance Trade Groups in U.S. Launch New Brands

The Independent Insurance Agents & Brokers of New Jersey (IIABNJ) and The Independent Insurance Agents & Brokers of New York (IIABNY) launched new brands today for their respective associations. IIABNJ became Big I New Jersey and IIABNY is now also …