BYOD: “Bring Your Own Device” to work. So…how many times have you thought of doing it…by yourself… in your office…all alone? What about your employees…do they ever go at it alone in your office? Do they ever do it with other employees? Do they ever do it alone, with their own “personal devices”? No? Are […]
NEW PALTZ, N.Y.—The New York Insurance Association, Inc. (NYIA) honored Cecilia E. Norat, Esq. with the Chair’s Distinguished Service Award at the association’s annual conference May 31 in New Paltz, N.Y. Norat is a past chair of NYIA and deputy general counsel and director of state relations and Global Regulatory Group for American International Group, […]
Frankenmuth Mut. Ins. Co. v Waste Mgt. of NY, L.L.C. Frankenmuth Mutual Insurance Company, Plaintiff, against Waste Management of New York, L.L.C. and SANITARY DISTRICT NO. 1, TOWN OF HEMPSTEAD, Defendants. Counsel for Plaintiff: Fox Rothschild, LLP Counsel for Defendant (Waste Management): Schnader Harrison Segal & Lewis LLP Counsel for Defendant (Sanitary District): Law Offices […]
In this issue of the Insurance Advocate, Steve Ruchman uses the word mensch which now possesses the universal meaning of “stand up guy”. This is not an expression new to insurance in these parts, given its provenance from the Yiddish quarters of New York. For many years, the insurance industry has been an unsung hero […]
Lately, I’ve noticed a trend in advertising by direct writers. They’re focusing on the advantages of buying insurance from a local agent. Even that dreadful lizard has opened up local offices (albeit few and far between) so it can attract customers who seek local experts and compete with independent insurance agents. I’ve always said a […]
(Attributed to Everett M. Dirksen, US Senator from Illinois, 1950-1969) Based on a very unscientific twoitem sample – the recent J.P. Morgan trading loss and the Executive Life of NY (ELNY) loss – the minimum point for media outrage apparently is $2 billion. How else can one explain the media attention to the $2 billion […]
Wheaton, Ill. Edmund J. Kelly of Boulder, Col. was recently chosen president of the American Association of Insurance Services (AAIS), an organization that develops policy forms and rating information used by more than 700 P/C companies throughout the U.S. Kelly’s appointment was announced by Paul Baiocchi, the longtime president of AAIS who will continue as […]
More than a decade ago, on October 10, 2001, Supreme Court, New York County (Lehner, J.) granted the application of the Superintendent of Financial Services (“the Superintendent”) to be appointed as rehabilitator (“Rehabilitator”) of Frontier Insurance Company (“Frontier”) pursuant to Article 74 of the Insurance Law (“Article 74”). In a Decision & Order dated July […]
Let’s look at some different points of view on three perennial liability insurance problems: Pollution, Certificates of Insurance, and Duty to Defend. Pollution May Not Mean Pollution “A rose is a rose is a rose,” but pollution is not always pollution. In the early 1970s, faced with enormous pollution liability claims arising from newly enacted […]
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