August 20
Premium Financing: The Small Business Savior
by Sean Jagroop There are more than 27.9 million small businesses in the United States, and each face a slew of financial responsibilities – anything from payroll and accounts receivable requirements to handling taxes. And stacked on top of these various financial responsibilities are the numerous insurance policies needed to keep a business’s property and people protected. […]
Formulae For the Future
Republican legislators in Washington have been floating the idea of using Social Security to provide paid family leave for the birth or adoption of a child. The proposal would allow a new parent to essentially borrow from their Social Security retirement to take leave for 12 weeks and 45 percent of their pay. While a […]
Student Food Safety
By Sue C. Quimby, CPCU, AU, CIC, CPIW, DAE – Assistant Vice President/Media Editor Days are getting shorter and students are returning to school. Whether students are bringing their lunch to school each day, or preparing meals on their own for the first time in college, they must take care to ensure that the food […]
Are Your I-9 Immigration Forms In Order?
The insurance industry is in no way immune from the reach of scrutiny by the government with respect to its immigration practices. Homeland Security has recently issued a press release stating: “Employers need to understand that the integrity of their employment records is just as important to the federal government as the integrity of their […]
Inter Insurance Launches Universal Casualty, New York’s First Independent Automobile Dealers Association RRG
Recently, at the New York Athletic Club in New York City, Tim Derham and his professional team launched a new resource for the auto insuring market and it has begun to take off quickly. Derham, President of Inter Insurance Agency, Ltd., along with Paula Frendel, Executive Director, and Fred Donnelly, President of the New York […]
The Courage to Trust Medical Care to Patients and Physicians
by Marilyn M. Singleton, M.D., J.D. The days of trusting your legislators to have your best interests at heart are in the rear view mirror. Apparently, their main interest is parroting the buzzwords of the moment to get elected and then being too busy banking lobbying money to listen to the voters. Our legislators have […]
New Jersey Supreme Court Denies Insurance Industry Bid to Allocate Losses to Policyholders
As appeared in Anderson Kill Policyholder – July 2018 by Robert D. Chesler On June 27, the New Jersey Supreme Court rejected an insurance industry bid to burden policyholders with a portion of their covered asbestos losses, ruling on an issue of utmost importance to companies facing environmental, asbestos or other claims where the injury […]
The Changing Role of Being a Producer
Being a producer has changed dramatically and I believe for the good. In years past when competition was limited the preferred method for getting clients was cold calling, either by phone or in person. The key was to find out when the prospect’s policy renewed and getting some agreement to review their protection for issues […]
Property/Casualty Net Income Doubles to $17.1 Billion in Q1 2018
Private U.S. property/casualty insurers saw their net income after taxes more than double to $17.1 billion in first-quarter 2018 from $7.9 billion in first-quarter 2017, helped by lower catastrophe losses and increased reserve releases, according to ISO, a Verisk (Nasdaq: VRSK) business, and the Property Casualty Insurers Association of America (PCI). Losses and loss adjustment […]
