Let me ask you something…when was the last time that you “Googled” your agency online? Or, while we are on the subject, when is the last time that you Googled your name, as the owner of the agency? It’s important that you understand how your audience perceives you online, and it should be no surprise […]
By Robin Smith You’re seeing it everywhere: old-school business learning new tricks. From Expedia’s acquisition of Homeaway, SAP’s buyout of Fieldglass, and the proliferation of Venmo, legacy industries are transitioning to digital platforms, offering personalized communications and incorporating sharing and gig economy aspects in their business models, too. As other industries are making this transition, […]
Agency branding…many people think they know what it is but in reality they aren’t sure. Even more importantly, many agents don’t fully understand the power and opportunity in building a brand. Just five years ago, having a better than average website was enough, but in today’s social world you really need to have a […]
Notice Requirement Must be Clear and Unambiguous Every liability insurance policy contains a requirement that the insured report claims promptly. Each policy contains a variation on that requirement. Excess policies contain different reporting clauses than do primary policies. In Essex Insurance Company v. Village of Oak Lawn, United States District Court, N.D. Illinois 2016 WL […]
Boro Park Land Co., LLC v Princeton Excess Surplus Lines Ins. Co. 2016 NY Slip Op 04684 Decided on June 15, 2016 Appellate Division, Second Department Edited by Lawrence N. Rogak A nursing home and its landlord were the insured and additional insured under a professional liability policy issued by Princeton. An employee of the […]
The Republicans are at it again: trying to tweak a bad idea, make it “bipartisan,” and set a flawed system more firmly in concrete. What we really need is a Republican reform—one that can restore the Republic, along with medicine. Yes, ObamaCare needs to be repealed—every last syllable. But that’s not all. To make […]
By Shayla Price Smart devices make our lives safer. Insurers understand that smart devices also mean smarter insurance assessments. And the results are changing the industry. The Internet of Things (IoT)—physical devices that collect user information from devices—send real-time data to insurers. IoT allows insurers to track client behavior. Many insurance companies have taken advantage […]
When the New York State Senate confirmed Governor Andrew M. Cuomo’s nomination of Maria T. Vullo as Superintendent of the New York State Department of Financial Services (DFS), she gained responsibility for regulating more than 1,500 insurance companies and nearly 1,600 banking and other financial institutions. “I am honored to be confirmed to serve as […]
LICONY’s Tom Workman Hailed as Life Insurers’ Effective Voice from 1999 – 2016 For the life insurance industry in New York, the years 1999 to 2016 are being remembered as “the Workman years,” during which time Thomas E. Workman served as president of the powerful state association of life insurers, generally represented by the insurers’ […]
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