Not your personal relationship but the relationship your agency has with your clients and prospects. The most important reason to get your insurance protection from an independent agent or broker is the strong, trusting relationship you develop with your agent and the agency staff.^P What’s it like to be a customer or prospect of your […]
The Inland Marine Underwriters Association (IMUA) elected a new slate of officers: Michelle Hoehn, The Travelers Group, was inaugurated as IMUA’s new Chairperson replacing Peter Opinante, Swiss Re America, who has served as the Association’s Chairperson for the past four years. Also elected were Deputy Chairperson William Rosa, XL Reinsurance, and L. Pat Stoik, Chubb […]
MALVERN, Pa. — The Griffith Insurance Education Foundation has announced that 21 undergraduate and graduate students from nine states have been selected as recipients of $63,000 in scholarship funds. These biannual scholarships are available to students who are in good academic standing and are committed to pursuing careers in the insurance industry. Through scholarship opportunities, […]
Insurers do not want to cover pollution under a basic automobile insurance policy. In their generosity they take on the liability of their insureds if, as a result of a collision or upset of an insured vehicle, some pollution occurs. That does not, however give coverage for every incident of pollution related to a vehicle. […]
It is now legendary that when former President Bill Clinton testified before a grand jury in 1998, he rationalized his repeated statements that “there is nothing going on between us” [himself and Ms. Lewinsky] by telling the jurors, “It depends on what the meaning of the word ‘is’ is….” He went on to explain that […]
Today’s political debates are extremely polarized and emotional. One person’s charming, clever, and assertive is another’s manipulative, cunning, and ruthless. Consider the opposing perspectives on some of the most important issues: • Did the politician lie or merely misspeak? • Is the NSA perpetrating an obscene invasion of privacy or deploying a crucial tool against […]
The New York Insurance Association (NYIA) prides itself in offering the premier property and casualty insurance event in New York, and attendees say 2014 was no exception. More than 225 people joined NYIA this year at the Sagamore Resort in Bolton Landing, New York, May 28–30. New York State Department of Financial Services Superintendent Benjamin […]
There is an interesting dilemma that the NY regulators have been facing for literally decades now. It involves a well-defined and acknowledged violation of the insurance law and regulations that has defied any viable enforcement solution. The subject is the issuance of insurance certificates that improperly expand or provide coverages not intended or included in […]
Iwrite this article in the afterglow of the PIANJ/PIANY Joint Annual Conference, which took place June 8- 10 at the Trump Taj Mahal in Atlantic City. This event is particularly special to me for several reasons. First, I have a personal connection to the event itself. In 2000, I was convention chair for the PIANY […]
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