November 8
Supply Chain Problems Plague Construction Firms
Shortages lead to skyrocketing prices for wide range of building materials, adding to insured values across sector
by Matthew Lerner
Construction and building materials are in short supply and have seen double-digit price spikes since the COVID-19 pandemic took hold last year, driving up project and rebuilding costs and affecting companies ranging from contractors to insurers.
Fmr DFS Head, Maria Vullo Looks to AG Post
Maria Vullo, former superintendent of the New York Department of Financial Services, has been rumored and reported to have plans to enter next year’s race for state attorney general, not too surprising to those who know her and marvel at her strengths and determination. The AG’s job will be vacant starting in 2023 because the […]
Maryellen Coggins Becomes President of the American Academy of Actuaries
Coggins Succeeds 2020–21 President Tom Campbell Maryellen Coggins of Boston, Mass.,has just begun a one-year term as president of the American Academy of Actuaries, succeeding 2020–21 Academy President Thomas Campbell to lead the national professional association of more than 19,500 members. During the Academy’s presidential transition ceremony at the Academy’s 2021 Annual Meeting and Public […]
Academy Officers and Regular Directors Begin Terms
The American Academy of Actuaries is pleased to announce that, in addition to Maryellen Coggins taking office today as 2021–22 Academy president, five officers and three regular directors began their terms on its Board of Directors at the conclusion of the Academy’s Annual Meeting of Members. Kenneth A. Kent of Mclean, Va., who previously served […]
NYS DFS Promulgates CE Law Changes
I, Adrienne A. Harris, Acting Superintendent of Financial Services, pursuant to the authority granted by Sections 202 and 302 of the Financial Services Law and Sections 301, 2108(r), and 2132 of the Insurance Law, do hereby promulgate the following Sixth Amendment to Part 20 of Title 11 of the Official Compilation of Codes, Rules and […]
Hub International Launches Complex Risk Practice
Hub International Limited (HUB), a leading global insurance brokerage and financial services firm, announced the launch of its North American Complex Risk Practice and the addition of Mary-Beth Hahn, one of the industry’s top risk experts, to lead the practice. Bringing together and accelerating HUB’s already extensive network of specialists from its industry practices, placement, […]
Rinehart To Assume Greater Role At Preferred Mutual
Jenifer Rinehart currently serves as Preferred Mutual’s Executive Vice President and Chief Human Resources Officer, responsible for the development and execution of human resource strategy including talent acquisition, retention, development and succession planning, compensation, and performance management. Rinehart’s title has been updated to also reflect Preferred Mutual’s Diversity, Equity and Inclusion objectives. “I am excited […]
The Gig Economy
By Sue C. Quimby, CPCU, AU, CIC, CPIW, DAE – Vice President/Media Editor The rise of the Internet, and the economic challenges of 2008/2009 brought a shift in how people work. People started offering goods and services directly to consumers via websites and apps. Advances in technology have given rise to accessibility and connectivity that […]
World Insurance Associates Acquires Robert Wilkens Insurance Agency
World Insurance Associates LLC (“WIA”), a Top 100 Insurance Brokerage, has acquired Robert Wilkens Insurance Agency (“Wilkens Agency”) of Bogota, NJ . Terms of the transaction were not disclosed. For 31 years, the Wilkens Agency has provided insurance coverage custom tailored to meet individual, family and business needs. They are a full-service agency offering all […]
