Unwise to Settle for Claimed Policy Limits Without Investigating All Available Coverages and Funds Litigation of serious injuries will often be sidelined by limited available insurance and assets to pay a judgment for the true value of an injury. Injured parties and their lawyers will determine the available coverages and will often settle for policy […]
Hundreds of professional, independent insurance agents from the Long Island and greater New York area gathered on May 4 at the sprawling Crest Hollow Country Club in Woodbury for a day of networking, tradeshow, education and ceremony at the Professional Insurance Agents of New York State’s Long Island Regional Awareness Program. Tradeshow Long Island RAP […]
At a time when personnel needs in the industry are becoming acute (with an estimated 18% loss among professionals through retirement, etc.), a sure 60% percent of people working in the U.S. insurance industry are women. The New York City Association of Insurance Women (NYCAIW) reminds us that only six percent of them hold “C” […]
We have a bumper crop of short takes on significant topics ranging from cat (catastrophe) bonds to hail this month. It’s going to be all the news that fits, we print. Cat Bond Issuance Sets First Quarter Record of $2.2 Billion Despite Fall in Interest Rates Cat bonds once again set a quarterly record in […]
By Marian Wright Edelman It was a generation ago that Harry Truman said, and I quote him: “Millions of our citizens do not now have a full measure of opportunity to achieve and to enjoy good health. Millions do not now have protection or security against the economic effects of sickness. And the time has now […]
WASHINGTON, D.C. – The Independent Insurance Agents & Brokers (IIABA or the Big “I”) has awarded Tom Minkler, CIC, with the Woodworth Memorial Award, the highest honor the association bestows on one of its members, during the annual Big “I” Legislative Conference. Minkler is president of the Clark-Mortenson Agency in Keene, New Hampshire, and former […]
By Gerard Gianoli, M.D. – http://earandbalance.net In a previous editorial, I commended candidate Trump’s proposal of price transparency for hospitals and doctors. It is astounding that this has not been an element of the GOP formula for healthcare reform until now and that an outsider had to bring it up. It is so obviously part […]
How well do you know and understand your customer? Not only your current customer but the customer you are looking to add in the future. Are they similar in their wants, needs and motivations? What are their expectations? Meeting and exceeding customer expectations is the key to growing a successful agency today and going forward. […]
In an attempt to clean up with damages after Hurricane Katrina after sitting on its rights for many years, Marion’s Cleaners, LLC, sued its insurer seeking indemnity from its insurer for damages that resulted from Katrina. In Marion’s Cleaners, LLC v. National Fire & Indemnity Exchange, Slip Copy, 2016 WL 952247 (March 14, 2016), the United […]
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