Articles by Kenneth J. St. Onge

New York Plans First Steps to Creating Lloyd’s Competitor

New York regulators are aggressively pursuing plans for a reincarnation of the New York Insurance Exchange and expect to assemble a “working group” of industry insiders within the next two weeks who will guide the revival of a Lloyd’s of …

Agents’ New Lobbying Agenda

The 2,074-page health care bill includes a range of items that some say could be time bombs in waiting for some agencies – or new opportunities. Until this year, health care was a minor blip on the radar of insurance …

New York Regulator Proposes Changes to No-Fault Insurance Coverage

The New York State Insurance Department is proposing new regulations for no-fault auto insurance coverage in the Empire State, in a move aimed at reducing fraud. “We have to be vigilant in protecting the pocketbooks of consumers,” said Superintendent James …

New Jersey Supreme Court Upholds Fee Schedule for PIP Claims

The New Jersey Supreme Court has ruled the state’s insurance regulator can implement a medical fee schedule for treatments covered by Personal Injury Protection (PIP). The decision upholds an August decision by a state appeals court. “We are gratified by …

Kicking off Fantasy Football Coverage

New York Brokerage Building Suite of Fantasy Sports Insurance Products Fantasy football: It’s a decade-old, multi-billion dollar industry that involves hundreds of companies and directly touches the lives of roughly 27 million Americans. So it makes sense that, eventually, the …

New York Regulator Proposes Changes to No-Fault Insurance Coverage

The New York State Insurance Department is proposing new regulations for no-fault auto insurance coverage in Empire State, in a move the state’s top regulator says will help reduce fraud. “We have to be vigilant in protecting the pocketbooks of …

New Jersey Supreme Court Upholds Fee Schedule for PIP Claims

The New Jersey Supreme Court has ruled the state’s insurance regulator can implement a medical fee schedule for treatments covered by Personal Injury Protection (PIP). The decision upholds an August decision by a state appeals court. “We are gratified by …

Health Care Reform Dominates Trade Group’s Lobbying Agenda

Until this year, health care was a minor blip on the radar of insurance agents’ policy efforts in D.C. But with a major reform bill imminent, key trade groups are devoting nearly all of their time to try and tweak …

Agencies Outsourcing to China to Reduce Backlogs, Free Up Resources

ReSource Pro Gains By Offering Half-Price, Off-Hours, Highly-Efficient Back Office As more insurance agencies look for new ways to improve productivity and lower expenses, more owners and managers are investigating the potential of outsourcing operations. The trend has helped power …

Safety First

Amid all the federal wrangling over national health insurance reform, many states in the Northeast and elsewhere are focusing on smaller, targeted efforts that affect property/casualty insurers as much or more than health insurers: patient safety. Much of these reforms …