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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New York Insurance Broker Sentenced in $1M Fraud Scheme
(With thanks to Insurance Journal) An Albany insurance broker has been sentenced to nine years in prison for a $1 million securities fraud scheme. Lawrence D. Rosenbaum previously pleaded guilty to charges including grand larceny and securities fraud. He also admitted failing to file state income taxes. Prosecutors say he fraudulently solicited over $1 million […]
Berkshire Hathaway GUARD Adds Commercial Auto Insurance in New York
WILKES-BARRE, PA – Berkshire Hathaway GUARD Insurance Companies recently began offering Commercial Auto coverage in New York. The product can be written on a stand-alone basis or together with other complementary lines. The policy is aimed at accommodating the needs of a broad audience, including artisan contractors, repair and service operations, delivery and distributor classes, […]
IVANS Enables Distribution, Automated Servicing Via Independent Agencies, MGAs and Insurers
IVANS, a division of Applied Systems, has announced new, innovative capabilities to expand digital distribution and servicing of insurance products throughout the insurance lifecycle. Leveraging its network of more than 30,000 agencies and 380 MGAs and insurers, IVANS’s latest enhancements enable agencies, MGAs and insurers to identify new business opportunities and markets, as well as […]
New York Life : Small Business Owners are Highly Optimistic About 2017, Outpacing the General Public
From New York Life: According to a recent poll conducted by Ipsos on behalf of New York Life, a large percentage of American small business owners are optimistic for the growth of their business in 2017 according to a new survey by New York Life. In fact, 60% of small business owners expect their financial […]
