IIABNY Top Honor to WAHVE Founder Sharon Emek The Independent Insurance Agents & Brokers of New York (IIABNY) presented WAHVE founder Sharon Emek, Ph.D., CIC with its highest honor: The 1882 Fellow Award during the organization’s leadership dinner on May 14, 2014 in Riverhead, N.Y. following the IIABNY’s 132nd annual business meeting. The 1882 Fellow […]
COLUMBUS, OHIO—Ernesta G. Procope, chairman of E.G. Bowman Company, a Manhattan insurance brokerage, has received the 2014 A.G. Gaston Lifetime Achievement Award from Black Enterprise magazine at its annual conference mid-May in Columbus, Ohio. The award “recognizes the entrepreneurial spirit and the guiding light of an individual who has established an extended and consistently distinguished […]
Crystal Appoints Lou Roca Executive Managing Director NEW YORK N.Y.—Crystal & Company, a leading strategic risk and insurance advisor, has named Lou Roca as Executive Managing Director and head of Commercial Insurance Services. In this role he will be responsible for the growth and the development of the business unit, defining and executing the unit’s […]
CyberRiskPartners, LLC Selects Advisor RYE, N.Y.— CyberRiskPartners, LLC has announced that Farmington Capital Partners (“FCP”) has been appointed financial advisor to assist the Company with a review of potential capital and strategic alternatives. FCP will examine and consider opportunities available to the Company with the objective of further enhancing shareholder value. This will include exploring […]
When an Insurer Must Interplead Funds When an insurance company is faced with competing claims for the proceeds of a life insurance policy and cannot determine which claim is proper, it may deposit the benefits of the policy into court and ask that the competing interests litigate the right to the proceeds. Since it has […]
According to the Bill, however, “title insurance agents” are unequivocally incorporated into the definition of “insurance agent.” Moreover, new Section 2113 imposes certain mandatory disclosure requirements and restrictions on commissions and payments of fees to title insurance agents.
“Accountable Care, Patient Protection” Act Harms Young Millennials By Elizabeth Lee Vliet, M.D. “Millennials,” the group of young people born after 1980, overwhelmingly voted in 2008 for politicians who promised “healthcare for all” and sponsored the “Affordable Care Act” (aka Obamacare). Sadly, young people took on faith the promises of an orator and did not […]
HEIGHT OF ABSURDITY New York’s Dizzying Scaffold Bill By Casey O’Brien ALBANY, N.Y.—Governor Andrew Cuomo has stated there won’t be much movement on the Scaffold Law this year; but that doesn’t stop the issue from continuing to be highly contested throughout the state. Labor Law 240, more commonly known as the Scaffold Safety Law, was […]
Consolidating Moses Insurance Group has acquired Maloney Petrison Agency, a full-service firm in Williamsville, NY since 1978. The purchase was finalized some weeks back and just announced by Robert Moses. The acquisition of Maloney-Petrison Insurance is a strategic part of the Moses Insurance Group’s expansion and future growth plans in the Greater Buffalo/Western New York […]
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