March 10, 2009
In efforts to close existing and future budget gaps, New York has dramatically increased current and proposed assessments and taxes on insurers far in excess of equitable and appropriate levels. In recognition of recent developments having serious implications for both New York domestic companies as well as companies domiciled outside New York that write in the state, NAMIC is urging all member companies writing in New York to contact legislators and the governor’s office to express opposition to new taxes and assessments on insurers.
The New York Insurance Association, a NAMIC state advocacy partner, recently launched a full-scale grassroots campaign encouraging contact to government leaders by company executives, employees, agents, and policyholders. Information regarding the campaign can be accessed at NYIA’s website at www.nyia.org.
In opposing the imposition of new assessments and taxes, NYIA has made the following key points that can be used in communication with policymakers:
NAMIC encourages member companies doing business in New York to incorporate these points in communications with policymakers as well as company-specific information regarding the impact of new taxes and assessments.
Potential points of contact are many. Contact information for the governor, superintendent of insurance, and the chairs of the Senate Insurance Committee and Assembly Insurance Committee appear below. In addition, the Senate has established a special website to gather input on the budget process at http://www.senate.state.ny.us/sws/budgetideas/index.htm.
Gov. David A. Paterson
Albany, NY 12224
Fax: (518) 474-8390
Superintendent of Insurance Eric R. Dinallo
25 Beaver Street
New York, NY 10004
Senate Insurance Committee Chairman Neil Breslin
502 State Capitol
Albany, NY 12224
Assembly Insurance Committee Chairman Joseph D. Morelle
Legislative Office Building 716
Albany, NY 12248
Direct questions and comments to NAMIC State Affairs Manager Paul Tetrault.