March 26
Ladies Who Lunch: IBANY Packs the House at Inaugural Women Executives’ Event
Nearly 100 people braved the latest winter storm on Thursday, March 22nd, to attend Breaking Through & Moving Up: A Panel Discussion Featuring Women Executives presented by the Insurance Brokers Association of the State of New York (IBANY) at The Down Town Association in New York City. Panelists at IBANYs debut womens luncheon a […]
What Do Home Run Hitters Hit? Homers.
In a season that will have a 21st Century Murderers’ Row coming off the Yankee bench (Stanton, Judge, Sanchez and the rest), Hank Greenberg has managed to make his way onto the line up card. Starr Companies, a his global insurance and investment organization, has entered into a multi-year sponsorship agreement with the New York […]
Why Labor Must Be Depreciated to Find ACV
The Supreme Court concluded that the term “ACV” is unambiguous and that depreciation of labor does not lead to underindemnification and failure to depreciate labor would result in overindemnification.
Burden of Proof is On Insurer to Show That Provider Failed to Respond to Verification Requests
In this no-fault suit, the Appellate Term holds that where the insurer’s defense is that the plaintiff failed to respond to verification requests, the burden of proof at trial is on the insurer to show that the verification remains outstanding.—LNR
PIANY Legislative Agenda Gets Boost From Senate Action
The Professional Insurance Agents of New York State has focused upon several issues in its Position Paper – in play now as the Budget appears completed and the session turns to other legislation. As we go to press, PIANY is thanking Sen. James L. Seward, R-51, and the state Senate for passing S.3960/A.7012, a bill […]
CyberCube Analytics Provides the First Inside-Out View of Risk Exposure for the Cyber Insurers
“Cyber is one of the most important risks facing society in the 21st century and therefore it is one of the most important risks facing the insurance industry.”
– Pascal Millaire, CEO of CyberCube
New York Extends Time to File Malpractice Claim
By David E. Richman and Ada Kozicz Governor Andrew Cuomo has signed a new law, known as Laverns Law, that extends the amount of time a patient has to file a medical malpractice claim for a missed cancer or malignant tumor diagnosis. Patients now have 2 1/2 years to file a claim from the date the misdiagnosis […]
Diagnosis: Dereliction of Duty is the Disease
Physicians have a legal and ethical duty to carryout a proper diagnostic evaluation of their patients, and only then recommend treatment.