February 4, 2025
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The relationship with your insurance carrier needs to be like the one you have with your doctor. You know, you don't want to go every year and get the exam, but you need to do it in order to figure out what's going on.
- Assemblymember Pam Hunter, President of National Conference of Insurance Legislators
Questions? Want to be part of the solution? | Our City & State P&C Insurance Summit Brought Together Policymakers and Industry Leaders in Albany
On February 4th, Big I New York and NY First partnered with City & State to host the P&C Insurance Summit in Albany, NY. With more than 200 policymakers and insurance industry stakeholders in attendance, the event fostered critical discussions on the challenges facing New York’s insurance market.
As industry leaders we remain committed to advocating for a strong, sustainable insurance landscape. By bringing together experts, decision-makers, and advocates, the Summit served as a vital platform for education and dialogue—because a state without insurance is a state at risk. We are proud to lead the charge in shaping a more stable, accessible, and affordable insurance market for New York.
In addition to DFS Superintendent Adrienne Harris and many policymakers, we want to give a special thanks to all of our industry leaders for sharing their insights.
A state without insurance is a state at risk. We can make a difference if we work together.
Photo credits: Mitch Wojnarowicz
Relive the Experience
Current State of the Insurance Market | Global Challenges | Fraudemic | NY Legislative & Regulatory Environment New York faces challenges in the insurance industry today that highlight the need for a holistic reassessment of risk management, regulatory practices, and market strategies. With the intersection of the gig economy, fraud, and a complex regulatory landscape, stakeholders must collaborate to innovate solutions that ensure resilience, affordability, and accessibility in the insurance market for all.
Where Do You Go When You Can't Find Insurance? The Excess and Surplus (E&S) market in New York is a vital component of the insurance ecosystem, characterized by strong regulation, equitable risk distribution, and a significant role in supporting high-risk ventures.
Delivering Insurance Solutions | Where Do We Go From Here? Pressing challenges are faced by the trucking and insurance industries in New York, urging the need for collaborative reform to foster a sustainable, competitive market. Education, regulatory reform, and proactive engagement among all stakeholders are necessary to ensure that businesses can thrive while providing essential coverage for consumers.
Fireside Chat with Superintendent Adrienne Harris Harris illustrates a clear vision for the future of insurance regulation in New York—one that is grounded in transparency, scientific rigor, and a dedication to both market stability and consumer protection.
Listen in on the Conversation
California wildfires and insurance market struggles affect thousands, with insurers pulling back and costs soaring, posing a coverage crisis.
Jim Dispenza discusses challenges in non-emergency medical transportation, including rising insurance costs and limited options affecting service availability.
Business owners and insurance personnel share a message to policymakers urging them to address rising insurance rates in New York by tackling fraud and promoting competition among insurers.
Wilson Kimball discusses rising insurance costs affecting municipal housing in Yonkers, impacting budgets and development improvements.
Emilio Torres, a Bronx hospital housekeeper, faces rising insurance costs and living expenses, making it difficult to manage his finances and support his family.
Kristin Thorne exposes staged insurance fraud in New York, highlighting its detrimental impact on the insurance market and taxpayers.
Legislative & Regulatory Education. Industry Research. Collaboration.
NY First is a coalition of property and casualty insurance companies and agents who support New York’s independent insurance agency system and its ability to serve customers.
As a group of Big I New York, they are led by a committee of both agents and carrier representatives. Their members support the mission of fostering a healthy marketplace for insurance consumers with a data-driven decision-making approach and bringing together a community of influential voices ready to protect insurance consumers. View our list of members here and learn how to join in on the cause.
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