January 10
Leaders Elected in Associations| IFNY Elects Howard Mills President
IFNY ELECTS HOWARD MILLS TO SUCCEED NICK PEARSON, ADDS JEFFREY SILVER, K.J. SINGH TO OFFICERS
LICONY ELECTS MIKE ZARCONE TO TOP POST
AND….MICHAEL CHANG IS IBANY PERSON OF THE YEAR
Work Works
Napoleon Bonaparte once said that to know a man you must understand the world he lived in a twenty years of age. In Eisenhower’s America and on and off since, work was ennobling, even if it was not glorious. There’s the story of a CEO visiting the Circus, passing the elephant’s cages only to come […]
Catalytic Converter Thefts on the Rise
By Sue C. Quimby, CPCU, AU, CIC, CPIW, DAE – Vice President/Media Editor Catalytic converters are a prime target of thieves. According to the National Insurance Crime Bureau (NICB), more than 1200 catalytic converters per month were stolen in the United States during 2020. Thefts increased almost 300% in the period from July 2020 to […]
Fraudulent Claim Voids Policy
Making a Claim for Loss to Personal Property Not Damaged is Fraud To successfully commit arson-for-profit the perpetrator needs a modicum of intelligence and some knowledge of insurance. When the perpetrator is incompetent, makes claim for property removed from the subject of the insurance before setting it afire, he or she will be caught and […]
Workers Comp Execs Identify Major Concerns
As it has annually for nearly two decades, NCCI recently surveyed more than 100 workers compensation insurance executives to hear what topics are top of mind for the industry. The results are not surprising, but the list of top concerns contains a multitude of interconnected complexities, particularly as it relates to the topics of: Rate […]
Test, Jab, Boost, Repeat
Joe Biden introduced his “new” plan to save us from the dread coronavirus. He will provide 500 million “free” tests (paid for by taxpayers or with borrowed money); 1,000 National Guard troops to overstressed hospitals; and more pressure to get vaccinated and boosted. According to the Kaiser Family Foundation, we would need 2.3 billion tests […]
Never Rely on a Certificate of Insurance
A Certificate Conferred No Rights Upon the Holder The plaintiffs relied on a certificate of insurance advising that Chipotle was an additional insured of a policy issued to a vendor. The insurer, RLI, proved that Chipotle was not named as an additional insured nor was it an additional insured by reason of a contract with […]
Liars Never Prosper
No Coverage for Loss at Unidentified Property Dignity Housing West is a California nonprofit corporation that provides low-income housing. Describing itself as a housing developer and listing its only premises as 200 square feet of office space, it applied for and received a commercial general liability insurance policy from Atain Specialty Insurance In Atain Specialty […]
