In this issue we reproduce a letter sent by the Empire Safety Council to the Governor, calling for the immediate termination of the Internet Point Insurance Reduction Program (IPIRP). The letter calls for criminal charges for state official misconduct by those scheming to continue ineffective driver safety programs by fabricating scientific research; fraudulent driver safety […]
Just out from I.I.I.! J.D. Power Study Surveyed Policyholders Who Filed a Claim NEW YORK, March 13, 2017—About one of every 15 U.S. homeowners insurance policyholders files a claim each year and these claimants are now giving insurers their highest ever satisfaction ratings, according to the Insurance Information Institute (I.I.I.). The J.D. Power 2017 U.S. […]
“Hope Springs Eternal in the Human Breast; Man never is, but always to be blessed.” Alexander Pope had it right, if you follow the results of a survey produced by a college survey institution whose Optimism Index™ shows that Americans are increasingly optimistic, amid concerns over leadership and progress. The Fishlinger Center for Public Policy […]
One of the early actions taken by the Trump Administration calls for the Department of Labor (DOL) to halt implementation of the Obama Administration’s ridiculous fiduciary rule and to implement a complete re-review of the rule. Trade associations were quick to hail the halt and credit themselves—properly—for getting this in the crosshairs of the President. […]
Gov. Andrew Cuomo’s proposed New York State budget includes a plainly misguided addition that must be expunged, if small businesses – thousands of them across the State – are to sustain their viability and continue to serve other local businesses, homeowners and drivers. We refer to a newly minted set of penalty levels that independent […]
EDITORIAL Gov. Andrew Cuomo’s proposed New York State budget includes a plainly misguided addition that must be expunged, if small businesses – thousands of them across the State – are to sustain their viability and continue to serve other local businesses, homeowners and drivers. We refer to a newly minted set of penalty levels that […]
New York lost another 191,367 residents to other states during the year ending last July 1, and its population declined for the first time in a decade, according to the U.S. Census Bureau’s annual population estimates. The latest estimated annual “net domestic migration” loss—equivalent to nearly the entire population of Yonkers, New York’s fourth-largest city—is […]
Congratulations are in order. PIANY will present Gino A. Orrino, CPIA, with its Industry Professional of the Year award at the annual Metropolitan Regional Awareness Program. Orrino is principal of Orrino Capital Services LLC in Corona, N.Y. MetroRAP will be held at The Roosevelt Hotel on Thursday, Jan. 26. According to the PIANY standard, “the […]
The International Insurance Society (IIS) has announced Nikolaus von Bomhard, Chairman of the Board of Management of Munich Re, as the 2017 Insurance Hall of Fame Laureate. Dr. von Bomhard will be inducted at the July 3rd gala awards dinner held in conjunction with the IIS Global Insurance Forum which takes place at the Park […]
The Insurance Federation of New York’s (IFNY) 102nd Annual Award Luncheon honoring Steven A. Kandarian, Chairman, President and CEO, MetLife, Inc., and New York City Fire Commissioner Daniel A. Nigro drew 250 to the Union League Club. IFNY’s inaugural Public Service Award was given to Chief Nigro as a new way of the industry shoeing […]
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