Industry’s September 30th Numbers Point to Strength, Resilience 2012’s first 9 month results are in and they point to the industry’s strength and its ability to withstand Sandy losses. Prior to Hurricane Sandy, private U.S. property/casualty insurers’ net income after taxes grew to $27 billion in nine-months 2012 from $8.4 billion in nine-months 2011, […]
Hope all of our readers had a pleasant New Year’s break and start 2013 on an optimistic note… In this issue we report on the September 30th industry results which should be encouraging inasmuch as the industry’s strength will allow it to weather, pardon the expression, the efforts of Super Storm Sandy. Again, in shaky […]
Report cards are everywhere in life. Report cards let us know how we are doing in the eyes of our overseers and peers, whether they be our bosses, co-workers, teachers, coaches, administrators, regulators or even sports analysts and fans. Report cards are an acceptable way for society to hold a group or individuals accountable for […]
ISO forms will change in 2013. There are both restrictions and broadening of coverage plus many cases where ISO says the change just reinforces its original intent. It’s tempting to regard the changes as minor, but remember a minor change is one that affects someone else’s claim. A major change is one that affects your […]
Super Storm Sandy caused death and destruction over a wide area of the Eastern Seaboard. Lives were disrupted, some forever. As always happens when tragedy hits, those who were lucky enough to not be directly impacted come together to offer help and support to those affected. It was just that concern for those affected that […]
There is a very old and wise saying, that I have always shared with my kids, “It’s not always what it is…but what it appears to be.” This saying hold true in many facets of our life…and when it comes to securing our data this thing of ours is certainly no different. As another year […]
Gauthier v Countryway Ins. Co. Plaintiffs commenced this action seeking to recover damages based upon defendant’s alleged breach of contract and bad faith in settling plaintiffs’ insurance claim for fire damage to their house. Following joinder of issue and discovery, defendant moved for partial summary judgment dismissing certain claims, including plaintiffs’ claim for consequential damages, […]
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