2011

2011/ Current News/ February 21/ Past Issues

DFS Reminds Health Insurers of Their Obligation to Cover Office Visits That Also Include Medical Marijuana Certification, Among Other Services

Insurance Advocate April 12, 2017

NYDFS—April 12, 2017—Financial Services Superintendent Maria T. Vullo announced today that the Department of Financial Services (DFS) is reminding all insurers authorized to write accident and health insurance in New York State, including health maintenance organizations, student health plans and municipal cooperative health benefit plans, that they must provide coverage for office visits for covered […]

2011/ December 19/ Past Issues

December 19, 2011 Cover

Insurance Advocate Covers December 19, 2011

2011/ December 19/ Past Issues

Creativity at Rose and Kiernan

Steve Acunto Foreword December 19, 2011

Fast on the heels of our Agency of the Year issue, another of New York’s great agencies,Rose & Kiernan, announced a transaction which demonstrates handsomely why this agency is among the top 50 independent insurance brokerages in the U.S. According to our dear friend of longstanding, David Fazioli. Rose & Kiernan has just announced that it […]

2011/ December 19/ Past Issues

Efficient Real-Time Usage Up Among Independent Agents

Insurance Advocate trend December 19, 2011

PEARL RIVER, NY—A recent Real Time/Download Campaign (www.getrealtime.org) survey of independent agents and brokers shows that 63 percent of agency management system users employ real-time rating, including comparative raters and agency management systems, to access multiple carriers at once. This represents an increase of six percentage points over a similar 2010 survey, showing that real-time […]

2011/ December 19/ Past Issues

Insurance Arbitration: Debiasing the Biased

Guest Author Guest Opinion December 19, 2011

By Richard G. Waterman, CPCU Everyone possesses certain biases and prejudices. These biases are usually not attributable to motivational effects such as wishful thinking or the distortion of judgments by rewards and penalties. Instead, leading research in decision making suggests that in many contexts decision makers employ intuitive, common-sense judgments to guide the simplification of […]

2011/ December 19/ Past Issues

Professional Liability and Personal Injury Liability Coverage

Jerry Trupin Exposures and Coverages December 19, 2011

We Are the Greatest (WAG), a talent agency, is sued by a competitor for slander. The competitor claims that the WAG made derogatory and demeaning statements about it when soliciting clients. Seems like a good example of the need for personal injury coverage provided by Coverage B Personal and Advertising Injury Liability of the CGL […]

2011/ December 19/ Past Issues

Staffing, Competing

Jamie Deapo On the Level December 19, 2011

The other day I spoke with Bob an IIABNY member with a medium size agency. He and his management staff had just completed several days of planning for the upcoming year. He was really concerned because as a result of the planning he realized there were a number of areas that needed to be dealt […]

2011/ December 19/ Past Issues

Sztuk to Lead Coalition vs Insurance Fraud

Insurance Advocate Crackdown December 19, 2011

Washington—Frank Sztuk of Hanover Insurance was elected co-chair of the Coalition Against Insurance Fraud amid record attendance at the public-interest group’s annual membership meeting in early December. Sztuk is Hanover’s National SIU Strategist and has chaired the Massachusetts Fraud Bureau. He will share Coalition leadership with incumbent cochair Steve Perry, head of the D.C. Department of Insurance, […]

2011/ December 19/ Past Issues

To Stop A Thief…

Michael Loguercio Face to Face December 19, 2011

About a year ago in this column we talked about social media, and how posting on Facebook or Twitter the vacation that you are currently enjoying, or the wonderful dinner in a restaurant that you are eating, or the luxury box that you are sitting in at a ballgame, can cause your homeowners carrier to […]

2011/ December 19/ Past Issues

When the Work Involves Filling a Trench, No Guards Around Trench are Required; 240(1) Suit Dismissed

Lawrence Rogak Courtside December 19, 2011

Plaintiff Raul Salazar was injured in May 2004, while working in the basement of a Brooklyn building undergoing renovations. The property was owned by 96 Rockaway, LLC. Salazar was employed by T-Construction Co., Inc.; the general contractor was Novalex Contracting Corp. The accident occurred in the largest room of the basement, which had a trench […]