On February 7, 2013, almost one hundred fifty life insurance executives, regulators and legislators gathered at the Mutual of America Headquarters in New York City to celebrate the 45th Anniversary of the Life Insurance Council of New York (LICONY). Welcoming and substantive legislative and regulatory remarks were provided at the event by New York State […]
In this issue of the Insurance Advocate we congratulate Michael Loguercio who will lead the PIANY MetroRap Session this year. Mike is a dynamic guy who adds a lot to everything he does, including these pages. We look forward to seeing everyone at the PIANY Rap Session… We have gotten an incredible response to our […]
In 1995 then NY superintendent of insurance, Ed Muhl, took an extraordinary step: he by-passed the Liquidation Bureau and appointed an independent special agent in charge of the liquidation of an insurance company – United Community Insurance Company (UCIC). The independent agent engaged a core group of professionals to assist with the marshalling of assets, […]
A few years ago I shared with you in this column about the time I was speaking at a Career Day at one of the elementary schools in our local school district where I am the school board president. I asked the students, “Who wants to be an insurance agent when they grow up?”, and while […]
Caldwell v Cablevision Sys. Corp. At issue on this appeal is whether the testimony of a subpoenaed fact witness, who receives a fee alleged to be disproportionately in excess of CPLR 8001 (a)’s mandatory fee requirement for attendance at trial, is inadmissible as a matter of law. We conclude that such testimony is generally admissible, […]
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