July 31
Common Law Indemnification is not Triggered by Supervisory Duties – Actual Supervision is Required, Holds Court of Appeals McCarthy v Turner Constr., Inc.
The issue before the Court is whether defendant-property owners Boston Properties, Inc. and Times Square Tower Associates, LLC are entitled to common law indemnification from defendantgeneral contractor John Gallin & Son, Inc. For the reasons that follow, we hold they are not. The property owners leased a retail storefront located at 7 Times Square Tower […]
Do I Get Free Maintenance With That Policy?
Now I know most of you who read this column do your best to sell insurance coverage mostly on the quality of the coverage and services that you provide, as opposed to just on price. However, have you ever given any thought on how you would continue this business practice of yours if well, lets […]
State Specialists List for 2011 New York, New Jersey, Connecticut, Pennsylvania and Washington DC
In 2007, Demotech, Inc. created an industry wide, objective classification system for property and casualty insurance companies. The Demotech Company Classification System categorizes all property and casualty insurers into one of eleven categories based on Demotech’s analysis of the data reported by the companies. The eleven categories in the Demotech Company Classification System are Nationals, […]
“Health Exchange” Bill Moves, then Slows in N.Y. Legislature
According to Senator Kemp Hannon (R Nassau) and Chair of the Senate Health Committee and Senator James L. Seward (R-C-I Oneonta) Chair of the Senate Insurance Committee, the bill was directed to the Senate Rules Committee due to several intensive discussions which could not be completed before the recess of the Legislative Session, […]
Ink Ready: Insurance Bills likely to see Governor Cuomo’s Signature
Legislation pertaining to insurance have passed both houses of the Legislature and are now before Governor Andrew M. Cuomo. The bills range from Medicaid coverage for portable x-ray services to the definition of insurance fraud. Following are the bill summaries: Exemption from Certain Rate and Form Approval Requirements Policies for Large Commercial Insureds and Special […]