insurance law

• The Long, Lethal Shadow of Asbestos

  By Ben Berkowitz, Reuters  |  May 11, 2012

  As anyone in the United States with a TV or Internet connection probably knows, lawyers want you if you've been exposed to asbestos, and they're paying to get you.

• Clear Compensation

  By Matthew S. Marrone, Esq.  |  April 25, 2012

  A lesson in transparency from NY’s Disclosure of Broker Compensation Rule

• Bad Faith and Beyond

  By Jay M. Feinman  |  April 25, 2012

  The debate about bad faith can get heated, but one thing is clear: New conceptions are coming to the fore.

• N.Y. Appellate Court Upholds Reg. 194

  By Arthur D. Postal  |  March 8, 2012

  A New York state appellate court panel today upheld a lower court decision dismissing an appeal by New York property and casualty insurance agents of a rule requiring agents to make greater discloser of their compensation.

• Speaking Of: 2012 WIND Conference

  By Melissa Stewart  |  January 2, 2012

  The 13th annual WIND Conference will be held Jan. 30 through Feb. 2 in Orlando, Fla. Claims Assistant Editor Melissa Stewart recently spoke with WIND Executive Director Michelle Griffin for a preview of the many offerings available this year.

• Government Has No Business Dictating Agent Compensation

  By Eli Lehrer  |  April 25, 2011

  Attorneys general, insurance industry executives and self-proclaimed consumer advocates who want to modify compensation for insurance agents and brokers don’t know what they are talking about, according to free-market advocate, Eli Lehrer.

• Bad Faith: Wronged Insureds Can Collect Punitive, Consequential Damages

  By Diana Reitz  |  April 11, 2011

  The term “bad faith” is one of the most disparaging terms risk managers can level against their insurers. Bad-faith allegations are made after a claim has been poorly handled in the eyes of the risk manager, with a lawsuit often following.

• Budget Approval Cements N.Y. Banking, Insurance Merger

  By Chad Hemenway, PropertyCasualty360.com  |  March 31, 2011

  New York has officially adopted its $132.5 billion budget, which gives the rubber stamp on a proposal to merge the state’s banking and insurance departments.

• New acquisitions for Glens Falls, HIIG- Around the Industry

  By Staff Writer  |  February 22, 2011

  News from PCI, RLI Corp., Insurance Services of Asheville, Willis North America, NIPR, Glens Falls, HIIG, Marsh & McLennan, Applied Systems, BRP, InVEST, Foremost Insurance Group, IIABNY and PIA.

• ‘Pot Raid Coverage’ Available To Medical Marijuana Industry

  By Chad Hemenway, PropertyCasualty360.com  |  February 14, 2011

  Owners of medical marijuana businesses can now be protected against raids by authorities—provided the operation is on the up-and-up.