
What's happening
Big I is partnering with the Kentucky Chamber and a broad business coalition to pass meaningful tort reform this session. A bill is expected to be introduced in Frankfort within the next week. This is game time.
Why it matters
Tort reform directly impacts premiums and claim costs drive premiums. Tort reform will help keep insurance affordable and stabilize the market. We've seen real results in Florida and Georgia. Kentucky can be next, but only if agents show up. Turns out lawmakers listen more when their insurance agent calls more than when a billboard does.
Big I's role
We've been in this coalition since day one through our lobbyist, Dustin Miller. Now we're turning up the volume.
Four ways you can help right now:
1. Join the grassroots effort - this is a two-phase approach.
GrassTops - Agents with existing relationships with legislators.
Fill out the Google Form to tell us who you know. All info is confidential and any outreach is id voluntary. Our goal is a Big I GrassTops contact for all 138 legislators.
GrassRoots - Agents without existing relationships but willing to contact their local legislators when asked. Find your legislators and tell us via the Google Form if you're willing to call or email. We'll provide talking points. You bring the local voice. Yes, all 138 again. Go big or go home.
2. Be identified - We need agency logos.
Big I and the KY Chamber will issue joint and separate public support statements when the bill is filed. Your agency logo is a visual and local representation to show support from Kentucky agencies. Email your agency name and logo to info@bigiky.org.
3. Provide financial support
The trial attorneys will bring fierce opposition. That means we must have paid media and serious PR to push back. The coalition goal is $500,000 across all industries. For context, the insurance industry in Indiana alone raised $400,000 for a similar effort. Contributions have ranged from $500 to $10,000. Every dollar helps. Funds go to the Kentucky Chamber Advocacy Committee, a 501(c)(4) for use on this initiative and this initiative alone. NOTE: You can make both Corporate and Individual contributions and all contributions are anonymous. W9 available upon request. You can send a check made out to: Kentucky Chamber Advocacy Committee and mail to:
Big I KY
13265 O'Bannon Station Way
Louisville, KY 40223
Or stay tuned for a link to donate directly to the fund.
4.
Do you have a real-life legal abuse story? We NEED these to present to
legislators. Please
send us your stories. You can take a video, write it up or interview your
insured (with permission, of course) and email us the content.
Bottom line
Tort reform isn't an abstract policy. It's premiums, availability and whether your clients can afford to stay insured. This is our chance to protect our customers, our agencies and the communities we serve. We need agents engaged now.
Don't hesitate to call or email If you have questions.
Let's do this.