February 8
Taking Cover: How an Insurance Shortfall Leaves the Energy Sector Exposed
By Nick Dussuyer, Global Head of Natural Resources Industry, Willis Towers Watson Reprinted with the permission of Willis Towers Watson – http://www.willis.com/Documents/Publications/Industries/Energy/Taking_Cover_whitepaper.pdf Today’s energy companies face higher risks than ever, and many of today’s insurers have more capacity than ever and a hunger for new business. So why do so many energy companies still find it […]
Foreword
In Governor Cuomo’s State of the State Address and Executive Budget, the Independent Insurance Agents and Brokers of New York (IIABNY) found “there were no clear surprises in his proposed spending plan for 2016-2017” and noted that several insurance-related issues found their way into the rather lengthy document, notably a proposal that would expand the use […]
Off To Market
As an agency owner, at what point do you decide that your firm is large enough to use technology to attract new business, and therefore you consider choosing to engage in the services of an internet marketing firm? Is it when you reach a certain premium volume? Or perhaps when you achieve a pre-determined number […]
The TriCounty Independent Insurance Agents Association donates $10,000 to the Ronald McDonald House of Long Island
Members of the TriCounty Board of Directors recently presented a check for $10,000 to the Ronald McDonald House of Long Island. The check represented proceeds from the TriCounty ‘Cabaret’ post-holiday party held on January 11th at K-Pacho Restaurant in New Hyde Park, New York. Peter Phillips, President of TriCounty said: “We were so impressed with the […]
Providing an Outstanding Customer Experience
In today’s complex marketing age, “customer service” no longer exists. Yes, you heard me right. Customer service is out the window. There’s a good reason for that. It’s because the “customer experience” has now fully taken over the playing field. Companies used to compete to see who had the best customer service, but there’s so […]
Meet the Met
By: Martin Carus On January 12, 2016, MetLife issued a press release describing a proposed break-up of the company into two distinct parts: (i) US “retail business” (for the most part and excluding business in force) and (ii) other business. The former is what is to be embedded into a new company. Note that this […]
A Tale of Two Businesses
When I was very young many, many years ago there was a cartoon called the Rocky and Bullwinkle Show about a flying squirrel and a moose. There was a segment on the show called Aesop & Son patterned after Aesop’s Fables, which were fictional stories that had a truth built into them and ended with […]
Claim for Coverage for Consequential Property Losses
The original version of the California Code of Regulations, Section 2695.9. Additional Standards Applicable to Fire and Extended Coverage Type Policies with Replacement Cost Coverage provided: (a) When a loss requires repair or replacement of an item or part, (b) any consequential physical damage incurred in making the repair or replacement not otherwise excluded by the […]
Can Slip and Fall on Alleged “Old Ice” Defeat Summary Judgment Motion?
Burniston v Ranric Enters. Corp. The “Storm In Progress” rule holds that a property owner may not be liable for a slip and fall accident when rain, snow or ice is falling at the time of the accident, or that not enough time elapsed between the end of the storm and the accident in order […]
