Health Insurance Fraud Health Insurance Fraud is rampant. Most people convicted of health insurance fraud are doctors and other health care providers. Where most of the money goes, however, is to people taking advantage of free or subsidized health care benefits when they are not entitled to receive the benefits because there is no investigation […]
REVERSED: Executive Plaza v. Peerless Insurance Company In a far-reaching and historic decision, the highest court in New York State, answering a certified question posed by the United States Court of Appeals, has ruled that insurance companies cannot hide behind their policies’ two year contractual limitations period to deny policyholders the right to collect their […]
Court of Appeals Reverses K2 Decision ALBANY, NY—The New York Court of Appeals reversed its decision in the case of K2 Investment Group v. American Guarantee & Liability Insurance Company. This new decision upholds the important principle that an insurance policyholder is entitled to all coverage purchased as part of a policy but no additional […]
The Ever Looming Nature of Cyber Liability The threat of cyber crime continues to grow in the public’s awareness By: Paul Dzielinski – U.S. RE Corporation (This article originally appeared in the New York Insurance Association’s Your NY Connection magazine.) Imagine turning on your work computer tomorrow and all you see is the blue screen […]
State of Inflexibility It is right there in the New York insurance law: if an insurer “ceases to do any insurance business for more than one year continuously,” it is subject to, among other things, forfeiting its charter and being liquidated. There is no counterpart to this provision in the NAIC receivership model act’s long […]
Workers’ Compensation Opt-Out; Court of Appeals Reverses Ruling on Failure to Defend; Two-Year Time Limit to Start Suit Tested; Carbon Monoxide is a Killer— Literally and Financially; Update on Improvements & Betterments Workers Compensation Opt-Out Prior to 1954, Maine elected its governor in September. From 1896 through 1932 whichever party won the gubernatorial race invariably […]
Welcome To McDonalds, May I Take Your Data? I am certain that we have all heard those words, at least almost those words, which are usually muffled with a sound quality so poor that it basically sounds like the person on the other end of the headset and behind window number one, is eating a […]
Workplace Bullying – New Age Workers’ Comp Benefits By Donald T. DeCarlo, Esq. It is not just your child being bullied at school that’s creating concern as described in the national press, concern also extends from the fact workers compensation benefits are now being awarded for mental stress in the workplace as a result of […]
Why Should I Do Business With You? A fair question and your response is critical to the future success of your agency. I just finished recording an upcoming two part webinar on value added selling. I’m pretty sure there will be some members and their staff who will laugh at the idea. They prefer price […]
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