2011
Is Your Producers Agreement Worthless?
By Ed Gaelick, CLU, ChFC What do you do when the trust you place in a carrier is violated? You assume your producer’s agreement is in place to protect you. Think again. When we send carriers a Request For Proposal (RFP), we are trusting them to act in good faith. Sadly, I found out not […]
Insurance Advocate’s AGENCY of the YEAR: Sterling & Sterling
The word “corporate” has many implications, some good, some bad. On the one hand it can mean: stiff, impersonal, lifeless and bloated. On the other hand, “corporate” can refer to the crisp, top level conduct of business, to standards of objective accountability and to the creation of self perpetuating mechanisms for entrepreneurial success. For an […]
Fine Lines
In this issue of the Insurance Advocate we salute Sterling & Sterling as our “Agency of the Year.” There are so many outstanding institutions like Sterling & Sterling in the tri state region that the choice was not easy to make. Yet, on balance, Sterling & Sterling proved itself to be a true champion, defining just how […]
Court of Appeals Expands Scope of Scaffold Law to Objects That Topple Over
CIPARICK, J.: Some New York courts have interpreted our decision in Misseritti v Mark IV Constr. Co. (86NY2d 487 [1995]) to preclude recovery under Labor Law § 240 (1) where a worker sustains an injury caused by a falling object whose base stands at the same level as the worker. We reject that interpretation and hold […]
Acord 25 Certificate of Liability Insurance has Changed-For Better or Worse?
ACORD has substantially altered form 25, Certificate of Liability Insurance, the most widely used and contentious ACORD certificate form. The new version, ACORD 25 (2010/05), removes some of the unrealistic statements contained in the older forms and prominently emphasizes the limited value of the certificate, but it is still a long way from meeting a […]
Insurance and Dementia
You read that right …and it’s serious. The Geneva Association is co-hosting and organizing a conference with Sun Life on insurance and dementia in Toronto, on 14 and 15 November. The conference will focus on dementia, its current and future costs and the role of insurance in covering this risk. Speakers will touch upon the […]
Lessons learned from Irene (and Lee)
Recently, I played in a golf tournament hosted by Andover Insurance at the Wheatley Hills Golf Course in East Williston, N.Y. Scott Brekne, Regional Marketing Representative at Andover always runs one of the most prestigious outings of the year. In his next life, he should come back as an event planner! It was a nice […]
Visions of the Presbyterian Dissent Encouraging Fraud by Shouting “Gotcha”
The old adage that “today’s dissent is tomorrow’s majority” is a powerful concept – one that sometimes comes to fruition. However, very often a dissent, while not becoming tomorrow’s majority, makes bold predictions of what may become of a majority’s holding. One not too distant dissent – a dissent whose predictions were dismissed by the […]
