February 6
Insured's Ambiguous Notice Fails to Trigger Insurer's 20-Day Time to Stay ARB
Matter of Country-Wide Ins. Co. v Ramirez Petitioner Country-Wide Insurance Company (“Country-Wide”) moves for an order, pursuant to CPLR 7503, permanently staying arbitration, or, alternatively, temporarily staying arbitration pending a “framed-issue” hearing or the completion of discovery. Respondent, Jose R. Ramirez (“Ramirez”) “cross-petitions” for an order denying the petition and sanctioning Country-Wide pursuant to 22 […]
Caveat Insurance Leaders: New Financial Incentives May Lead the IRS to Your Door
By Tom Pliske after a long period of uncertainty, it has now become clear that insurance companies have a major new threat with which to be concerned. Last year, the Internal Revenue Service paid out its first claim subject to the new Whistleblower laws passed in 2006. Since the law went into effect, there have […]
The Crimes They Are a Changin’
Am I the only one providing expert witness assistance for fidelity claimants? Fidelity coverage (also known as “employee theft” or “employee dishonesty” coverage) is just a small part of the insurance universe, generating many fewer claims than property and liability coverage and of those, even fewer end up as lawsuits. Nevertheless, my expert witness activity […]
Follow the Fortunes and the Fortunate
In this issue of the Insurance Advocate, you will notice some typical features and one new topic that may spark some interest. First we cover PIANY’s Metro Rep, an event that has grown beautifully over the past several years. PIANY has now three local meetings, large in size, attractive to agents and generally quite accessible, […]
New York’s Alex Giordano Sets SIIA Agenda
Chairman Leads National Group Alex Giordano gladly accepted the responsibility of chairing his trade association, the Self-Insurance Institute of America, Inc. (SIIA), even though his duties would take time from his day job as one of the nation’s leading marketers of stop-loss insurance for sponsors of self-insured employee group health benefit plans. “That was an […]
