Ninth Circuit Affirms Summary Judgment Because Suit Was Filed Too Late Every first party property insurance policy contain a special provision that limits the time available for an insured to sue the insurer in the event a claim is rejected. The private limitations provision is usually less than the state’s statute of limitations and protects […]
The Insurance Brokers’ Association of the State of New York (IBANY) has announced that Elizabeth Heck, President and CEO of Greater New York Insurance Companies, is the 2018 Insurance Person of the Year. Each year, insurance professionals are asked to submit nominations for the Insurance Person of the Year. Nominees are individuals known for their […]
Pavlova a/a/o Cosby Reavis v Allstate Ins. Co. In this no-fault suit, plaintiff medical provider billed for services under CPT code 20999, which is a “by report” code. The insurer denied the claim on the grounds that the provider did not supply documentation backing up the need for the services. The Appellate Term held that […]
By Jane M. Orient, M.D. This is the one hundredth anniversary of the great influenza pandemic of 1918. In his book The Great Influenza, John M. Barry described it as the deadliest plague in history. It killed more people in a year than the Black Death of the Middle Ages killed in a century. The […]
Late last night, Governor Cuomo signed Big I NY‘s bill to simplify the license renewal process for agents and brokers. Now instead of three separate dates, all agent and broker business licenses will renew on the same date every two years. Your Big I NY team developed this legislation and championed its passage. The Big I members who […]
300 Gather at New York’s Historic Union League Club to Honor Inga Beale, former CEO of Lloyd’s and Mary Lanning, Public Service Leader; Supt.Vullo address audience; IFNY interns present accomplishments Nearly 300 insurance leaders joined in the Insurance Federation of New York’s (IFNY) 104th Annual Award Luncheon honoring Dame Inga Beale, former CEO of Lloyd’s […]
The recent IFNY Luncheon was a 10-rounder for the “Old Boys Club,” as the industry used to be called, as women won all of IFNY’s awards for 2018. Now, how to compliment the winners and not run amok of accepted politically correct guidelines – most of which I do find properly correct. Inga Beale, former […]
With the pervasiveness of cell phones, distracted driving now clearly includes entering phone numbers or talking on a cell phone (even hands-free), texting, e-mailing, etc. Yet, most insurance industry employers do not have a “distracted driving” policy, but rather, have just a hands-free mobile device use policy, if they have a policy at all. As […]
by Jeff Root InsureTech has been around for years with 100’s of millions of dollars being pumped into these technology companies and there hasn’t been a dent in life insurance distribution. Life insurance companies are so focused on short term sales targets, that it’s stunting long term innovation. They’re are not adopting technology as fast […]
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