May 4, 2009
|
Road Ahead for Changing Auto Market Inclines Dramatically Toward Greater Technological Expertise
Herding CatsThe New York Insurance Department has formally proposed a new regulation which would require authorized property/casualty insurers to establish reserve funds for the payment of losses that occur in New York which arise out of natural catastrophes. |
Road Ahead for Changing Auto Market Inclines Dramatically Toward Greater Technological Expertise"It's not your father's Oldsmobile" was the popular televised ad slogan for the long established automaker's promotional campaign some years ago. A new generation of buyers was demanding a more modern approach to the traditional, staid and venerable Olds, and the manufacturer was trying to draw those new consumers into their showrooms with a different product from the familiar ones of generations past. |
A Guy Walks Into a Doctor's Office...So the other day, Ann Marie, my lovely wife of 25 years next month, calls me from work and is clearly upset over something. Being the caring and considerate husband that I am, I immediately asked in a soft and comforting tone of voice, "Honey, what's wrong?" |
Stealth RebateAs fraudulent schemes beset the financial market, the Insurance Advocate has learned of yet another "hot deal" simply too good to be true. The result: insurance buyers are left holding the proverbial bag and a big tax bill and conspiring parties are profiting. |
The Time to Repair the Roof is When the Sun is Shining: Here Comes the "Bad Faith" StromIn February 2008, the Court of Appeals created a new precedent in a case called Bi-Economy Market v. Harleysville Ins. Co., which did not exactly create a new cause of action... |
The Economy is Driving Our Industry... Crazy.My son-in-law recently leased a new Toyota Sierra. While he was driving his new minivan, which has less than a thousand miles on the odometer, a piece of chrome molding fell off from the side-view mirror. |
