Reasoning that Facebook’s advertising platform enables its advertisers to use personal data such as race, color, religion and a host of other characteristics to discriminate, New York Governor Andrew M. Cuomo called on the Department of Financial Services to investigate reports that state-regulated advertisers are using Facebook, Inc.’s advertising platform to discriminate against protected classes. […]
But first…a neat coincidence on June 27th, the morning between the two Democrat candidates’ debates. Newly ensconced Supt. of the Department of Financial Services, Linda Lacewell, spoke before members of the Insurance Federation of New York (IFNY), presenting her agenda in some key areas. She was well received. The new Superintendent was straight forward about […]
Congratulations to hard hitting Howard Mills as The Doctors Company, the nation’s largest physician-owned medical malpractice insurer, announces his appointment to its Board of Governors. Howard is the former global insurance regulatory leader of Deloitte, who served as superintendent of the New York State Insurance Department (now known as the Department of Financial Services) and […]
The College of Mount Saint Vincent hosted its Scholarship Tribute Dinner at Cipriani 25 Broadway on May 1—and in doing so, raised a record $580K, providing academic scholarship opportunities for students, regardless of economic background. This year, the College honored two individuals for their strength of character, leadership, business acumen, and devotion to the common […]
Former Superintendent of the New York State Department of Financial Services (DFS), Maria T Vullo (pictured below), has joined the FinTech Innovation Lab New York as a Regulator-in-Residence. FinTech Innovation helps early—and growth—stage enterprise tech companies accelerate product and business development through engagement with top financial services and venture capital executives. In her three years […]
If my guess is correct, most of our readers are late middle-aged or a bit younger, predominantly descendants of white European men and women, reasonably affluent, owners of agencies, other insurance-related enterprises, insurance attorneys or holders of important jobs in the field. In short, a great readership: at nearly 130 years of continuous publishing, the […]
Charity is the topic of this issue and comes to our cover just as we receive notice that scholarships and financial aid awards, providing students the best academic opportunities available regardless of financial means, will be the subject of a dinner honoring two outstanding friends. The College of Mount Saint Vincent, long an organization that has […]
When Applied Underwriters filed a petition against the New Jersey Department of Banking and Insurance (NJDOBI) on March 5th, the company placed the ability for businesses in the state to choose captives for risk retention squarely on the table. At its core, the issue is about the limiting of choices available to New Jersey business […]
A great friend and a true catalyst in the insurance and reinsurance communities, Dick Kennedy was a leader in the field of insurance law and in reinsurance dispute arbitration. Thomas Richard Kennedy (1935-2019), founder of the ARIAS, the national reinsurance and insurance arbitration society, passed away peacefully at the Avow Hospice House, in Naples, Florida […]
Mergers and acquisitions of insurance agents and brokers last year broke several records in 2018, according to OPTIS Partners’ annual report. OPTIS logged a record 626 deals in the United States and Canada in 2018, including 330 transactions in the second half of the year and 148 transactions during the fourth quarter. There were 611 […]
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