March 5
American Transit Insurance Co. Celebrates 40th Anniversary : More than 250 attend celebration as awards are presented by Company President & CEO and Leadership Staff
NEW YORK, N.Y.—More than 250 brokers and other insurance leaders attended the 40th Anniversary Celebration of the American Transit Insurance Company held January 26, 2012, at the New York Athletic Club on Central Park South. New York State Senator Martin Golden offered an official welcome and offered observations about the Company which marks its 40th […]
Sen. John Thune to Address Big “I” Conferees
The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) has announced that Sen. John Thune (R-S.D.), Chairman of the Senate Republican Conference, will address the association’s membership on Thursday, April 26. Sen. Thune will be a keynote speaker at the legislative conference breakfast which occurs just prior to the association’s annual […]
AG Focuses on Non Profits
In the last issue of the Insurance Advocate, we were pleased to report that former Superintendent James Wrynn had landed-happily-in a new position where the opportunities seem to be extraordinary, placing him on an international stage in the insurance law sphere. Wrynn left the Department in good standing and in good report, according to what […]
FNA Announces Partnership to Distribute Assura Group’s IncomeAssure : Supplemental Unemployment Insurance Coverage to be Available Through FNA’s New York and New Jersey Network
NEW HYDE PARK, LI—First National Administrators (FNA) has announced an agreement with Assura Group of N.Y., Ltd., for the marketing and distribution of one of the newest and most innovative products in the financial marketplace, IncomeAssure. IncomeAssure enables policyholders to insure against loss of income if their job is lost. The policy provides substantial income […]
Amalgamated Life Now Licensed in All 50 States and D.C.
White Plains, NY based Amalgamated Life Insurance Company, a leading provider of life and health insurance, announced that it recently became licensed in Florida and is now licensed in all 50 states and the District of Columbia to market its comprehensive suite of insurance products. For this well-respected provider of choice, this means the ability […]
E&O: Professional Underwriting Group, Inc. Provides Insolvency Carve Back for Demotech Rated Carriers
Professional Underwriting Group, Inc. (PUG) and Demotech, Inc. have announced that insurers earning a Financial Stability Rating® (FSR) of A or better from Demotech are eligible for reasonably priced, comprehensive insurance agents & brokers professional liability insurance (E&O) that includes coverage for insolvency to the producer when the market is rated A or better by […]
Scaffold Law Does Not Apply When Worker Falls From Ladder While Cleaning A Product Made By His Employer
Plaintiff was injured when he fell from a ladder in a factory while cleaning a product manufactured by his employer. We hold that his activity was not protected by Labor Law § 240 (1). I The product in question was a steel “wall module” made by third party defendant West Metal Works, Inc. at its […]
A.G. Schneiderman Sets “Bold Plan” For New York’s Nonprofit Sector
New York Attorney General Eric T. Schneiderman has introduced a bold plan to reform and revitalize New Yorks nonprofit sector, including legislation to eliminate outdated and costly burdens on nonprofits, strengthen oversight and accountability, and reaffirm his offices commitment to policing fraud and abuse. Acknowledging that organizations throughout New York State face historic financial […]