January 28
Eager for Their Inheritance
We are surrounded by stuff that will outlast us. The house and the furniture will go to someone else when you’re gone, and because common ceramics are the man-made thing lasting the longest, that coffee mug that says “Grumpy Old Fart” will still be around in thousands of years. Chances are your vintage vehicle has already outlived at least one or two owners, and if those former caretakers of your slick machine could see the snot-nosed kid that has the keys now, do you think they would approve?
Hear and There
Happy to hear from Dan Palmieri, John Di Forte, Joe Coughlin and so many friends over the holidays. Had a lovely dinner with friends and their spouse in Palm Beach: Jim Wrynn, Vince Laurenzano, Marty Carus, and Marsha Cohen. There is life in Palm Beach…up to about 9:00PM.… Am I missing something or is the […]
Offer Letters and Employment Agreements: Is There a Difference?
A common question that often arises when hiring new employees is whether to use an offer letter or an employment agreement. Both the offer letter and employment agreement serve the same basic purpose – to memorialize in writing the terms and conditions of employment. But each also serves additional purposes and understanding the differences will […]
Tips for Safer Winter Travel
By Sue C. Quimby, CPCU, AU, CIC, CPIW, DAE – Assistant Vice President/Media Editor Winter weather means potentially hazardous travel conditions, leading to injuries and property damage. The winter driving hazard impacts all types of clients, from individuals to major corporations, including lost wages, reduced productivity and out of service personal and business vehicles due […]
NAIC Names 2019 Committee Leadership
WASHINGTON—The National Association of Insurance Commissioners (NAIC) has named its 2019 committee chairs and vice chairs. The association also assigned members to the organization’s standing committees based on preferences, experience and requirements established by the NAIC’s Bylaws. “The 2019 NAIC committee leadership reflects deep expertise and a strong commitment to service across all our committees,” […]
Senator Breslin Introduces ELANY Supported Bill Favoring Brokers
Senator Breslin has filed Bill # S-769, supported by the Excess Line Association of New York that implies simplified requirements for agents and brokers placing business in the state’s E & S lines marketplace. The bill would “excuse retail insurance brokers and any unaffiliated wholesale excess line insurance brokers from making a diligent effort when […]
NAIC Names 2019 Consumer Liaison Representatives
WASHINGTON—NAIC recently named 34 consumer liaison representatives for 2019. The 20 funded and 14 unfunded consumer representatives began their terms Jan. 1. Seventeen of the funded consumer representatives participated in the program in 2018. Established in 1992, the Consumer Liaison Program promotes consumer interaction with the NAIC’s members, the insurance industry and interested parties through […]
AmTrust Names Execs, Launches AmTrust Forward to Position for Long-Term
NEW YORK– AmTrust Financial Services, Inc. (“AmTrust” or the “Company”) has stepped up its strategy and plans with the launch of AmTrust Forward and with the naming of several executives. “Our vision for AmTrust is to be a leading specialty commercial P&C insurer. We believe we can achieve this by focusing on local markets and […]
Preferred Mutual Announces Executive Team Appointments
NEW BERLIN, NY – Preferred Mutual (“Preferred Mutual”) Insurance Company President and Chief Executive Officer, Christopher P. Taft, recently announced several key promotions within the company’s management team. “As we look to our future,” Taft commented, “we have identified the opportunity to capitalize on enterprise perspectives in order to drive our strategic initiatives by building […]
