Acting New York Financial Services Superintendent Maria Vullo Delivers First Address This year’s New York Insurance Association (NYIA) Annual Conference drew more than 250 insurance industry leaders to the heart of New York State in Verona, New York, June 1–3. The theme of this year’s event, Connect. Collaborate. Change., reflects the collegial nature of NYIA […]
The New York Times recently listed the top-paid execs in the US. Impressive list, much of it predictable, some of it surprising. Several insurance CEOs and leaders were among the top earners. The numbers are quite high and quite impressive. We add here–you won’t see it anywhere else–that the shareholder, policyholder and public responsibilities are […]
There’s a big rush today by venture capitalists and Silicon Valley techies to turn the purchase of insurance into an impersonal, technology driven business. There couldn’t be a worse outlook for consumers! Technology is wonderful and a great way to speed up processing and offer 24/7 availability. It should never replace the professional guidance and […]
Albertson, N.Y.—New officers and directors took the helm on June 1 during the Long Island-based TriCounty Independent Insurance Agents Association annual installation dinner. The gathering, held at Chateau Briand in Carle Place, NY, set the TriCounty IIAA leadership for the 2016 through 2017 term. Close to 200 agents and brokers, company representatives, vendors and other members […]
By Howard Kogan In a recent PwC study of global insurance CEOs, nearly two-thirds (59 percent) believe there are more growth opportunities within the insurance industry than three years ago. Yet just as many (61 percent) see more threats to the industry than they did three years ago. Why the duality? As one […]
By Gerard J. Gianoli, M.D. Medical errors are taken very seriously by the medical profession. It starts early in training at M&M (Morbidity & Mortality) Conference. During M&M, each complication and death is presented before the entire department of students, physicians in training, and professors. The cases are scrutinized and criticized to see what […]
Verona, NY — The New York Insurance Association, Inc. (NYIA) honored William P. Melchionni III with the Chair’s Distinguished Service Award at the association’s annual conference on June 2 in Verona, N.Y. Melchionni is Deputy Head, U.S. Federal and State Government Affairs for American International Group, Inc. (AIG). “Bill volunteers countless hours to NYIA as […]
Are you looking to ramp up your agency’s marketing? I sure am, and all the time. Improvement (which can sometimes be a form of change) is the driving force of agency growth, whether it’s through tracking metrics and figuring out what does and doesn’t work, or if it’s just coming up with a new game […]
Villongco v Tompkins Sq. Bagels 2016 NY Slip Op 50778(U) Decided on May 18, 2016 Supreme Court, New York County Edmead, J. Edited by Lawrence N. Rogak A bagel store hired a retired fireman as a consultant. Plaintiff, a customer, said a very nasty word to a waitress and pushed her. The waitress immediately told […]
No Fortuity – No Coverage Insurance, by definition, insures only against contingent or unknown events. To obtain coverage for defense or indemnity, an insured only needs to establish that the suit against the insured was fortuitous – accidental – unintentional acts. In Mid-Century Insurance Company v. Windfall, Inc., Mettle, LLC D/B/A Mettle Strategic Marketing Solutions, […]
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