November 12
RAP Wrap-Up PIANY Hudson Valley Conference Hails “Heroes”
PIANY’s HVRAP returns to Suffern; Event hones in on participation and communication Professional, independent insurance agents experienced déjà vu as they came back to Suffern at the Crowne Plaza for the Professional Insurance Agents of New York State, Inc.’s 15th Hudson Valley Regional Awareness Program on Oct. 24. Continuing-education courses; a sold-out trade show; and an […]
Thanks, Steve
Bob Wallach, rumors have it, is in the process of reorganizing the Robert Plan 2.0 for a different market and under a different structure. The “wiz kid” as he was known told us to “watch and see”…and we will…just as we watched his legendary Dad, Bill Wallach, amaze and astound an entire industry.… Speaking of […]
PCI Elects New Officers to the Board of Governors
The Property Casualty Insurers Association of America (PCI) elected new officers to its Board of Governors today during the association’s annual meeting. Pete McPartland, chairman of the board, president, and CEO of Sentry Insurance Group was elected as PCI’s chair; Jim Brannen, CEO of FBL Financial Group was elected first vice chair, and Greg Crabb, […]
When Employees Have to Be Paid For OfftheClock Cell Phone Use
It is almost universal that mobile device habits bleed into work, particularly in the insurance industry which does not run on a 9:00 to 5:00 basis More and more, answering a quick email, text or phone call outside of the workplace by nonexempt employees has blurred the lines of what is and what is not […]
Holiday Loss Control Tips for Business
By Sue C. Quimby, CPCU, AU, CIC, CPIW, DAE – Assistant Vice President/Media Editor With the hustle and bustle of the holiday season, loss control and risk management may be relegated to the back burner for small business owners. However, this is exactly the time when such practices are most needed. Helping clients understand and […]
Why Are So Many Universal Life Insurance Policies Failing?
Neglect and Lack of Attention Deserve Most of the Blame by Jordan Smith, J.D., LLM Traditional, non-guaranteed universal life insurance (often described in the insurance industry as “Current Assumption UL”) has been subjected to rather brutal criticism over the last few years, most recently in a September 2018 Wall Street Journal article1 that blamed the […]
Do Not Be Deceived! Medicare For All Will Crash the System
by Kristin S. Held, M.D. Deceptively, pollsters report that “Medicare For All” is popular with Americans, as the media proclaims healthcare a top concern on voters’ minds a mere two weeks before the midterm election. While many candidates are indeed running on a “Medicare For All” platform, few Americans realize that a Medicare for All […]
TransUnion’s National Driving Record Solution Provides More Comprehensive View of Policyholders
TransUnion has announced the launch of its new National Driving Record solution for the personal, commercial and life insurance industries. This one-stop solution combines DriverRiskSM court records with state Motor Vehicle Reports (MVRs) for a more comprehensive view of a person’s driving record at a reduced cost. This is accomplished by bringing together TransUnion’s extensive […]
No “Occurrence” in Ohio for Contractor’s or Sub-Contractor’s Defective Work
An “Occurrence” Must Be Fortuitous Ohio, bucking the majority of court opinions, has interpreted the standard Commercial General Liability (CGL) policy to require for coverage to exist that a loss is fortuitous. An “occurrence” to Ohio courts require that the damage is accidental, fortuitous, and not a normal business risk of a person in the […]
