Our publisher Steve Acunto writes his editorial Foreword on page 4 of each issue and gives the industry one of its best read, often quoted columns.
Those who attended the Insurance Federation of New York’s 110th Annual Luncheon joined many colleagues, partners, and friends of the industry for a memorable afternoon. This year, we were honored to recognize two outstanding leaders in our industry. Hon. Jesmond Gatt, recipient of the Free Enterprise Award, delivered thoughtful remarks on the importance of innovation […]
Based on analysis of Census Bureau data, The Report finds that the state’s losses were concentrated in New York City, which had gained back less than a quarter of its population decline in 2021 and 2022. New York as a whole lost 1.8 percent of its residents over the first four years of this decade, […]
ALL IN. An all industry project in which the Insurance Advocate is involved, was launched with great success in October as more than 250 people met in Chicago for our first recruitment event, bringing people into the insurance business directly and with no special reference other than our encouragement. Kudos to Business Insurance and its […]
O One thing Demotech does not have is a PR agency nor, given its size, nor does it have the ability to teach writers about its proven, time tested traditional processes and numerous wins for insurers….. and for distressed area homeowners in the most troubled of US markets. So when rather clumsily written articles appear […]
The share of U.S. physicians working in private practice continues to decline, dropping from 60.1% in 2012 to just 42.2% in 2024, according to the American Medical Association’s latest Physician Practice Benchmark Survey. This trend reflects the growing influence of hospitals and corporate entities over the U.S. healthcare delivery system and presents an ongoing challenge […]
A new report just out tolls total fees and commissions earned from insurance broking activity in 2024 at USD 180 billion. The market appears to have consolidated further during 2024. Close to a half of the world’s top 500 broking groups are headquartered in the US and over 85% of them are privately-owned. Sound right? […]
It is with deep sadness that we mark the passing of Walter J. “Walt” Gdowski, age 78. A Trenton, New Jersey native, Walt moved to Carmel, Indana where he developed Rough Notes magazine. Walt was born in August 1946 to Walter and Margaret Gdowski. Just after graduating in 1964 from Ewing (N.J.) High School, Walt […]
The CIBGNY has called upon agents and brokers to lend immediate support to repeal an outdated and burdensome regulation affecting NYC property owners. The Anti-Arson Application requirement, implemented in 1984, continues to create unnecessary work and risks for our clients despite no longer serving its original purpose, CIB states.. The following is from a CIB […]
For as long as I can remember, insurance agents have been given advice from other agents, so-called experts who have been agents, and other experts, who are just self proclaimed experts. Most of them deal with aspects of management. How many Seminars have you seen advertised about time management? 100 200.? it is the same […]
CEOs are scrambling to remove as much online information about themselves, their lives and families following the sudden popularity of Luigi Mangione assassin of health insurance leader Brian Thompson on December 4. Incredibly, to many the suspect has become symbolic of the rage, some policyholders have toward their health and other insurers. Instances of rage […]
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