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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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 […]
How to Help Employees Return From Working From Home
By Carol Barkes Remember change is hard on our brains. By now many people have somewhat settled into working from home and will have a fight or flight response to “being released back into the wild.” Have a plan that you allow your team to help create, and that you clearly think out and share […]
Insurers’ donation provides relief to Big ‘I’ members
The Independent Insurance Agents & Brokers of America (the Big “I”) has announced that Foremost® Insurance and Bristol West® Insurance have donated $500,000 to the Trusted Choice® COVID-19 Relief Fund in response to the economic and operational challenges the coronavirus crisis has presented to independent agencies. The grant will be dispersed directly to independent agencies […]
Axa XL launches commercial umbrella program
by Matthew Lerner XL’s global risk management and North America excess casualty business units now offer Multipass, aimed at helping U.S.-domiciled multinational businesses efficiently address their tax/compliance regulations and contractual obligations, Axa XL, a division of Axa SA, said in a statement Thursday. The coverage combines an international controlled master program with an umbrella liability […]
