November 17
GNY Marks 100th Year Anniversary Three hundred gather to celebrate venerable New York Company’s first century
Greater New York Insurance Companies, nationally recognized specialists in insuring commercial and habitational real estate as well as other commercial classes of business celebrated its 100th anniversary on Thursday evening, November 6th, 2014 with a Gala Anniversary Dinner including elected and regulatory officials, brokers, company executives and industry leaders. The celebration, held at New York’s […]
IFNY Annual Luncheon Draws 350; Hyatt Brown Honored
More than 350 insurance leaders joined in the Insurance Federation of New York’s (IFNY) 100th Annual Free Enterprise Award Luncheon to honor J. Hyatt Brown, Chairman, Brown & Brown, as he received the Federation’s 2014 Free Enterprise Award. The honoree’s son, J. Powell Brown, President and CEO of Brown & Brown, IFNY President Nick Pearson […]
TRIAGE
In this season of high notes and well wishes, we applaud the new officers and directors of the New York Insurance Association (NYIA) for 2015. Chair is Bernard Turi, senior vice president, general counsel, general auditor and chief risk officer, Utica National Insurance Group, Utica; First vice chair: Steven Coffey, president and chief executive officer, Broome Co-operative […]
Forecast: Cloudy With Lack of Clarification
Shame on AIG! It has now joined the growing list of insurance companies in NY that have agreed to pay substantial fines for their sins. These are not the fines of our predecessor administrations, where the largest fines were in the hundreds of thousands. No, now we are talking about fines in the tens of […]
Cyber/Data Breaches
“There are only two types of companies: those that have been hacked, and those that will be. Even that is merging into one category: those that have been hacked and will be again.” Robert Mueller, former director of the FBI.1 Cyber/data breaches2 are big news. And it’s not just the Targets and Home Depots of […]
Time it Right—The Value of Timing When Using Social Media for Your Business
Now more than ever, social media is a critical aspect of business. Many different platforms are used to ensure you are reaching your target audience, and getting your message across clearly. Every day we pin, tweet, and post about our business to maintain our social media presence and reach out to our audience. It is […]
Hundreds Gather to Discuss Insurance-Related Issues at Tappan Zee Bridge Site
Insurance professionals from both sides of the Tappan Zee Bridge and across the Hudson Valley convened recently at the Professional Insurance Agents of New York State Inc.’s Hudson Valley Regional Awareness Program at the Doubletree Hotel in Tarrytown. “Hudson Valley RAP has become an institution over the past decade, almost as much as the Tappan […]
Natural Selection or Apath?
There is an unhealthy trend occurring in our business caused by inaccurate perceptions and apathy on the part of some independent agents and brokers. They believe they can no longer success- fully write and retain personal auto insurance! Some have started to give up on personal insurance all together. They have conceded that market to […]
Something to be Thankful for
Two weeks before Thanksgiving, I drove to Glenmont PIA headquarters for our committee and board days. On the way up, I crossed the Tappan Zee Bridge. For anyone who hasn’t driven over the bridge recently, it’s amazing to see the cranes, the pilings going in and the amount of progress being made on this construction […]
