April 27
60% of Drivers Who Use Marijuana in Legal States, Drive Under the Influence
Based on a survey of 811 drivers who use recreational marijuana in 10 recreational states and Washington D.C.
More drivers than ever are grappling with decisions about when it is — and isn’t — OK to drive after consuming marijuana, which is now legal for adults to use recreationally in 10 states and Washington, D.C.Laws and best practices for drivers who drink alcohol have been established by decades of science, but research on the effects of marijuana on driving is far more limited.
No Demographic Study, Thank You
If my guess is correct, most of our readers are late middle-aged or a bit younger, predominantly descendants of white European men and women, reasonably affluent, owners of agencies, other insurance-related enterprises, insurance attorneys or holders of important jobs in the field. In short, a great readership: at nearly 130 years of continuous publishing, the […]
How to Comply with the New Sexual Harassment Laws
Both New York State and New York City, in response to the #MeToo movement, have passed a series of complicated laws which have made it difficult for insurance industry executives to follow. Neighboring states have, or will soon have, similar laws. This article addresses what needs to be done to comply with BOTH New York […]
Letter From Martin Carus, former DFS Life Bureau Chief
Dear Steve: Looking over the 3/11/19 issue, I came upon page 27 where Looking Back features the LICONY award to Bill Flynn. Brings back memories. I had just taken over the Life Bureau and Sal Curiale, the Superintendent at the time, lest we forget, called me and asked if I had a tux. I did […]
Understanding the Difference Between Extended and Manufacturer Warranties
By Tom Scott, Vice President of Business Development, Consumer Products at Fortegra Generally defined, a warranty is a contract between a company and a consumer in which it’s agreed that the company will replace or repair a consumer’s purchase if it breaks within a specific time period. Structured as such, all warranties basically point toward […]
Deloitte Study: Only 19 Percent of Business Leaders Say They are Ready to Lead the Social Enterprise – Despite Increased Importance
Organizations leading the social enterprise are moving beyond mission statements to help bring meaning back to the workplace and human identity back to the worker NEW YORK, N.Y.— Amid rapid technological, economic and social change, it is important for organizations to move beyond mission statements and social impact programs to put humans at the center […]
Insurance Brokers’ Association of NY Elects Justin Foa President
NEW YORK, NY—Justin Foa, CPCU, President and CEO of Foa & Son International Insurance Brokers (pictured right), has been elected to serve as president of the Insurance Brokers’ Association of the State of New York. Mr. Foa was elected to the Board of Directors in 2010, appointed to the Executive Committee in 2015 and sworn […]
Insurance Policies Must Be Read as They are Written
“Arise out of ” or “Relate in Any Way” People who write contracts with conditions requiring that one party provides insurance protection for another must be able to read and understand all of the terms, conditions and limitations of a policy of insurance. Failure to do so will usually result in litigation that is, more […]
Plaintiff’s 20-Year Delay in Enforcing Judgment Does Not Toll Interest
Berenblit v Aetna Cas. & Sur. Co. In this no-fault suit, plaintiff obtained a judgment on default in 1998. But it was not until 2017 that plaintiff sent the judgment to the marshal for enforcement. When defendant was served by the marshal, it moved to vacate the judgment. Civil Court did not vacate the judgment […]
