Since its founding in 1889, the Insurance Advocate® has been the magazine that covers the people and issues affecting the insurance industry in New York, New Jersey, Eastern Pennsylvania, Connecticut and beyond.
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A Victory For American Transit Insurance Company As It Defeats Motion to Dismiss Filed by Health Care Providers on $28 Million Lawsuit
American Transit defeated a motion to dismiss filed by various health care providers in a lawsuit seeking a declaration that American Transit has no obligation to pay claims and to recover the payments that it has made relating to fraudulent and abusive claims made under New York automobile no-fault coverage. The lawsuit was filed in […]
PartnerRe Appoints Head of U.S. Casualty
PartnerRe has just announced the appointment of Gareth Stanley as Head of U.S. Casualty. Mr. Stanley assumes responsibility to lead Partner Re’s strategic effort to r grow and develop its U.S. Casualty business by providing clients with relevant and impactful casualty reinsurance solutions, the announcement states. He will be based in PartnerRe’s Stamford office and […]
How COVID-19 is Impacting the Home Insurance Industry
By Bill Martin Accidents at home don’t disappear in a pandemic, but they do require home insurers to make some critical adjustments. The auto insurance industry has been busy developing relief plans to return unexposed premiums and support their customers financially through COVID-19. Home insurers have a different opportunity to help. Homeowners are taking this […]
Why the Feds Need to Set Up Business Interruption Insurance
By Ray Kegnabb About once a generation, the U.S. insurance market encounters a crisis that demands a federal response. In the 1960s, it was severe uninsured flooding. In more recent memory, it was the catastrophic terrorism of September 11th. Yet another protection gap has been revealed in recent weeks, as the COVID-19 pandemic shutters thousands […]