New York insurance regulators proposed a series of tweaks to the state’s coastal homeowners insurance market last month, but acknowledged it will probably be months before the state panel tasked with evaluating the proposals makes any decisions. The Temporary Panel …
Leaders likely have or at some point will need to make the decision to terminate a team member’s employment. Parting ways with an employee can be one of the most intimidating and difficult things to do as a leader. To …
A suburban New York City man has filed a lawsuit that claims he got mercury poisoning from eating 10 cans of tuna a week. Lee Porrazzo, of White Plains, filed the suit against Bumble Bee Foods. He’s asking for unspecified …
A 22-year-old Connecticut man accused of causing a car crash in April that took the life of a 70-year-old man is blaming the accident on his dog. Police say Brian Taplinger turned himself in last month and was later released …
Several steps agents can take to reduce their general E&O exposure: Sally: “By far, the most common claim is simply an allegation of failure to place coverage. The most reliable way to prevent these is written documentation that says, ‘This …
Contracts, Emerging Risks and M&As Critical Areas to Notice As the difficult economy forces architects and engineering firms to focus their resources on keeping their firms afloat, risk management is taking a backseat. This dangerous trend means insurance brokers and …
Fiesta Auto Insurance Combines Insurance and Tax Preparation Services Under One Roof Modeling an insurance agency business after a sandwich shop might sound like an unusual goal, but that’s what John Rost, founder, president of CEO of Fiesta Auto Insurance …
Economic recovery in the United States is now very dependent on the state of mind of the American public and its business leaders, according to William R. Berkley, founder, chairman and CEO of W.R. Berkley Corp. “No one in Washington …
A New York judge held former American International Group Inc. Chief Executive Maurice “Hank” Greenberg liable for damages on a reinsurance transaction that state Attorney General Andrew Cuomo said helped the insurer hide losses. New York State Supreme Court Justice …
A Long Island woman claims her one night at the Waldorf Astoria hotel has cost her $13,000 because her room was infested with bedbugs that came home with her. Susanne Igneri filed a lawsuit against the upscale Manhattan hotel last …
