May 27

2019/ May 27

IMPACT: Life Insurance Bolsters State, Residents, Businesses

Insurance Advocate Cover Story May 27, 2019

“The report we received today illustrates that New York’s life insurance companies are an economic pillar of New York,” said Mary A. Griffin, President and CEO of LICONY. “The state’s life industry offers valuable protections, invests in infrastructure and is a major employer. Despite these contributions, some of the data shows a lack of growth in the industry in the last 15 years. We urge policymakers to work with New York’s life industry to foster new growth and help us offer valuable life products in ways that appeal to the modern consumer.”

2019/ May 27

White, Griffin Honored at CMSV Gala

Steve Acunto Foreword May 27, 2019

The College of Mount Saint Vincent hosted its Scholarship Tribute Dinner at Cipriani 25 Broadway on May 1—and in doing so, raised a record $580K, providing academic scholarship opportunities for students, regardless of economic background. This year, the College honored two individuals for their strength of character, leadership, business acumen, and devotion to the common […]

2019/ May 27

May 27, 2019 Cover

Insurance Advocate Covers May 27, 2019

2019/ May 27

Is Your Employee Handbook Up-to-Date?

Alfred T. De Maria HR Update May 27, 2019

New York State insurance industry executives need to ensure that your Employee Handbooks and other policies are up-to-date with recent legislation mandating new requirements for New York employers. Are Your Anti-harassment Policies Up to Date? Both New York State and New York City enacted more stringent requirements related to sexual harassment prevention and training. While […]

2019/ May 27

2nd Annual Surplus Lines and Reinsurance Forum Returns to the ULC; Draws 100

Insurance Advocate In The Associations May 27, 2019

The 2nd Annual Surplus Lines and Reinsurance Forum was held on Wednesday, May 22, 2019, at the historic Union League Club in New York City. This year’s event was cosponsored by ELANY, IFNY and Stroock & Stroock & Lavan. The event’s co-chairs, Francine L. Semaya, Esq., Board member of the Insurance Federation of New York, […]

2019/ May 27

The Four Corners Rule Strikes Again to Require Defense Not Owed

Barry Zalma On My Radar May 27, 2019

Careful Pleading Requires Defense When Evidence Does Not Courts like those in Florida that apply the four corners rule of insurance contract interpretation of the duty to defend allow a plaintiff’s lawyer to skillfully draw a complaint that will require the defendant’s insurer to defend even when it is clear from existing evidence that there […]

2019/ May 27

Playing Political Games Does Not Improve Patient Care

Guest Author Guest Opinion May 27, 2019

By Marilyn M. Singleton, M.D., J.D. Now that it is the political season where divisiveness rules the day, the bevy of President wannabes’ interest in maternal health is suspect. After all, none of them have joined the many maternal health advocates who praised the President for signing into law the Preventing Maternal Deaths Act which gives grants to […]

2019/ May 27

Denial’s Use of Non-Statutory Language Does Not Make it Invalid

Lawrence Rogak Courtside May 27, 2019

Denial’s Use of Non-Statutory Language Does Not Make it Invalid Insurance Law 5106(c) pemits a de novo review of a No-Fault master arbitrator’s award over $5,000. In this case, Allstate appealed from an arbitration award to a medical provider on both medical necessity and fee schedule issues. Supreme Court ruled in favor of the provider […]