April 15
Giving Forth: Insurers Lead National Effort for Social Well-Being
Insurance Industry Charitable Foundation Releases Millennial Ideas Summit White Paper. We prefer “Giving Forth” to “Giving back,” although they mean the same thing, charitable contribution by insurers to our society’s well-being in this case.
White and Griffin Honored
Charity is the topic of this issue and comes to our cover just as we receive notice that scholarships and financial aid awards, providing students the best academic opportunities available regardless of financial means, will be the subject of a dinner honoring two outstanding friends. The College of Mount Saint Vincent, long an organization that has […]
Court Rules that Insurance Agents Can Be Independent Contractors Instead of Employees
A United States federal court recently found that insurance agents working under independent contractor agreements for a major insurance company were employees for purposes of pursuing pension and other benefits under the Employee Retirement Income Security Act (“ERISA”). The court found that the insurance agents were properly classified as independent contractors. It recognized that the […]
The Advantages of Storytelling
Recently I have been taking a writing course and in the course they make the point that storytelling has been the most effective method of communication, forever. I believe the art of storytelling is extremely important in getting people to see and understand the need for insurance protection. Most people want to protect themselves, their […]
Getting the Hybrids on the Road
By Tony Laudato, Vice President, Partnership Solutions Hannover Re The continued decline of standalone long-term care policies seems inevitable, and the life insurance gap among Americans continues to widen. Hybrid policies offer an obvious solution, and are becoming increasingly popular – but the right approach will be needed for insurers to fully cast off their […]
Annuity Basics
By Sue C. Quimby, CPCU, AU, CIC, CPIW, DAE – Assistant Vice President/Media Editor υAs the baby boomer generation retires, and life expectancies increase, many have questions about whether they will have enough money to last throughout their golden years. Health care and nursing home costs can be substantial. In many cases, gone are the […]
Starr Insurance Companies’ Construction Team Wins Insurance Underwriting Team of the Year Award
New York, N.Y.—Starr Insurance Companies today announced that Starr’s construction experts received the Insurance Underwriting Team of the Year Award at Business Insurance’s U.S. Insurance Awards on March 21. Starr received the award for its September 2018 launch of Starr CIP Enterprise, a mono-line general liability construction wrap-up insurance policy sold through a small and […]
Court Grants PIANY and Big I NY Request in NYDFS Regulation 187 challenge
ALBANY, N.Y.—The New York State Supreme Court in Albany ruled in favor of a consolidation motion filed by the Professional Insurance Agents of New York State and Big I New York in the ongoing lawsuit over amendments to New York State Department of Financial Services (DFS) Insurance Regulation 187. The court granted a motion to […]
The New Normal in Claims Management
Random No Longer Rules: Premonition Analytics and the New Normal in Claims Management In just a few short years, big data and analytics have fundamentally shifted the way claims departments litigate claims. How are these technologies changing how experts assess risk in the courtroom? In the movies, plucky heroes are forever setting off to solicit […]
