Reflections During a Difficult Time Iam writing this article at the end of a difficult week for me. I attended the wake and services for my long-time friend and assistant, Roberta. It’s difficult to describe the depth and importance of the relationship Roberta and I shared. I was lucky enough to hire my Roberta 45 […]
Ethics, Conflicts and Justice Stewart Being against ethical standards in our business is like being against apple pie or ice cream! Rooting for conflicts of interest is like a Yankee fan rooting for the Red Sox! We all have rules that must be followed in our business and professional lives. These rules are generally set […]
Are We Becoming Ethical in Spite of Ourselves? By John R. DiForte, MBA, CPCU Radical shifts in technology are leading to greater transparency in our daily lives. Any time we use an electronic device, we leave a record that can be searched, cross-referenced, duplicated, and potentially shared. This knowledge of transparency often leads to increased […]
Flood Insurance Gaps More on Duty-to-Defend Case Is Email a Written Record of Settlement? Is there a Leak in Your Insured’s Flood Coverage? If you’re providing that coverage for your insureds, pat yourself on the back; if you were doing it before Sandy, stand up and take a bow. If your insured requires limits higher […]
Homeowner’s Policy Provides No Coverage to Insured for Spouse’s Wrongful Death Claim Matter of Randall S. Courtney v Dryden Mut. Ins. Co. Plaintiff is the administrator of the estate of Randall Courtney. He commenced this action seeking a declaratory judgment that defendant is required to defend and indemnify him in an action that arises from […]
FROM: William Bonds, President Danielle Philp, Education Director EMPIRE SAFETY COUNCIL DATE: October 1, 2013 TO: Honorable Andrew M. Cuomo , New York State Governor, The Executive Chamber Barbara J. Fiala, Commissioner, NYS Department of Motor Vehicles The Hon. Dean G. Skelos, Temporary Senate President, New York State Senate The Hon. Sheldon Silver, Speaker, […]
NAIC Update on Insurance Industry Investment Portfolio Asset Mixes By the Capital Markets Bureau of the NAIC NEW YORK, N.Y.—The asset mix of an insurance company’s investment portfolio varies over time based on different influences, including both macroeconomic and industry-specific factors. The general state of the global economy, industry trends, market events and the political […]
Outpouring Thanks to so many readers who expressed their heartfelt sympathy on the passing of Manny Levy, long time editor of this publication. We feature one letter below from Stewart Fries, a longtime friend of this publication and a close associate of Manny’s, particularly in this publication’s advocacy for the straightening out of the […]
Yes, Deer! So how many times have you said those words…or have had them whispered to you, in a soft, meager, and meek tone of voice? Well guess what?! It’s that time of year that you will be hearing it quite often…or maybe even saying it yourself! Rutting season, as it is known, is the […]
The Wonderful World of Annuities Picture the child sent out to play in the snow so bundled up with layers upon layers of protective clothing that the child is barely able to move or to enjoy the experience. Keep that picture in mind if you want to buy an annuity in New York. The statutory […]
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