AFTER SANDY: 35 POINTS Lessons Learned After Sandy and Possible Ways to Strengthen New York New York is not known as an epicenter for natural catastrophes. In 2011, tropical storms Irene and Lee caused widespread flooding in upstate New York. Entire communities were washed away. New Yorkers had not seen such dire circumstances in years. […]
When Will Agents Be Represented Fairly as “Good Guys?” Perhaps it’s the time of year, but over the last month or so, I’ve been particularly sensitive to the constant image challenge agents face as scapegoats and fall guys. Agents take false and undeserved hits from all directions all the time: primarily from ubiquitous direct-writer ads, […]
Harold Lee & Sons Celebrates 125th Year Museum of Chinese in America (MOCA) Marks Lee Agency’s and Family’s History – The Lee Family of New York Chinatown Since 1888 It is rare that an independent insurance agency makes it into a Museum, but Harold Lee and Sons is itself a rarity. To mark its 125th […]
One Secret of Real Success Tis the season for taking a long view of our work and our goals. Lancer’s Dave Delaney offered a nice approach to his and his Company’s success: “We are now approaching thirty years since we bound our first policy. To survive on the underwriting side of this business, you have […]
Patrick Woods Receives Rodermund Service Award from CAS JERSEY CITY, N.J., Patrick Woods, assistant vice president and actuary at ISO Insurance Programs and Analytic Services, has been awarded the 2013 Matthew Rodermund Service Award by the Casualty Actuarial Society (CAS). ISO is a member of the Verisk Insurance Solutions group at Verisk Analytics (Nasdaq:VRSK). Woods […]
New York Insurance Association Elects 2014 Officers and Board of Directors LATHAM, N.Y.—The New York Insurance Association (NYIA) elected its 2014 officers and board of directors at the association’s Annual Meeting in November. The following officers were elected for a one-year term ending Dec. 31, 2014: Chair: Bernard Turi, senior vice president, Utica National Insurance […]
CARCO Exec. Responds to Insurance Advocate Columnist Re: Reg 79 By Jim Owen, President, CARCO Arecent article in the “Advocate” proposing repeal of the New York vehicle photo inspection regulation (“Regulation 79”) should be welcomed by those that steal cars, sell cars that were damaged by Superstorm Sandy, and prey upon unsuspecting consumers. Contrary to […]
GNY’s Heck Reflects Upon Sandy and the Industry’s Role at New York’s CPCU Conferment Mr. Warren Heck, Chairman of the Greater New York Insurance Group, addressed the New York Chapter of CPCU at its Annual Conferment on November 15th, 2013. He reflected on the industry’s response following hurricane Sandy and on TRIA. Mr. Heck, who, […]
Back Seat Passenger Unties Driver’s Bikini Top, Causing Her to Lose Control; No Liability Per Emergency Doctrine Pelletier v Lahm After a defense verdict from a Rockland County jury, plaintiff moved to set aside the verdict, which was denied, and plaintiff appealed. The Appellate Division affirmed. The Supreme Court properly denied the plaintiff’s motion pursuant […]
No Opposition Fatal No Insurance Policy Covers Every Possible Risk of Loss Clark and Nancy Sadler appealed a summary judgment granted in favor of Texas Farm Bureau Mutual Insurance Companies (“Farm Bureau”) on the Sadlers’ Deceptive Trade Practices- Consumer Protection Act (DTPA) claim. The Sadlers sued Farm Bureau for breach of contract and violations of […]
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