April 9
Contract's Waiver of Subrogation Clause Insulates Bank's Alarm Company From Burglary-Loss Suit
Abacus Fed. Sav. Bank v ADT Sec. Servs., Inc. et al., Respondents, Holmes Protection of New York, Inc., et al., Defendants George S. Sava, for appellant. Charles Eblen, for respondent ADT Security Services, Inc. Dennis M. Rothman, for respondent Diebold Incorporated, Inc. CIPARICK, J.: Plaintiff Abacus Federal Savings Bank (Abacus) commenced this action against defendants […]
ISO ClaimSearch Tracks Social Media Postings
ISO has announced a new resource that will help claims and fraud investigators identify an individual’s presence on social networking websites. Web Presence Search – available through the ISO ClaimSearch® Decision Net® public records information portal – can identify an individual’s “web footprint” or trail of digital information left as a result of postings on […]
Verisk Introduces Crime Analytics
Verisk (Nasdaq:VRSK), a leading source of information about risk, has announced the formation of Verisk Crime Analytics, reflecting the company’s recent growth in crime analytics and its potential penetration into this growing market. Following other recent product launches and acquisitions, Verisk currently owns and operates national crime databases that provide services to the construction, retail, […]
Social Media-From Their Point of View
As so many followers of this column, I am a father of a 20 year old son and a 17 year old daughter (going on 40!) who like so many of us “old people” use some form of social media in our daily lives whether it is for business, pleasure, or education. As a very […]
Optimistic.
When Easter, Passover, and the flowering of Spring all happen in the very same short frame of time, the pull of optimism is irresistible. While I do not quite agree with the legendary anthropologist, Sir James Fraser, that there is merely something instinctual about our assignment of Springtime to ritual change and transformation, I must […]
Simple Tips to Avoid Disciplinary Actions
Licensed insurance producers in New York often subject themselves to unnecessary disciplinary action by the State of New York Department of Financial Services (“DFS”). Of course there are serious issues with misappropriating premium funds and other untrustworthy or egregious conduct, but the tips below address more routine and procedural issues, which, if complied with, can […]
Springtime for… Compliance
By Kathy Donovan, Wolters Kluwer Financial Services The insurance industry experienced yet another year of significant legislative and regulatory activity in 2011, with the promise of continued growth in this level of activity this year. Close to 22,000 statutes, regulations and bulletins impacting the insurance industry were newly created, revised or issued last year, and […]
