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Maintaining a safe workplace is the responsibility of every employer. However, that’s not always just about the physical safety aspects of the work environment. Your standard operating procedures (SOPs) can make an enormous difference to how your New York business ticks over, and can even, in some situations, provide back up if you need to fight a workers compensation insurance claim.

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New York-based private equity firm, Southport Lane, has appointed Jim McNichols as chief actuarial officer of its reinsurance group, Southport Re.

Richard Aldorisio was appointed as executive vice president of casualty insurance by Aspen US insurance and will be based in New York City.

On Thursday, Governor Andrew Cuomo marked the upcoming one-year anniversary of Hurricane Irene and Tropical Storm lee by Issuing a comprehensive reports.  In the report, it is said that over $574 million in state aid has been distributed in the past year to help communities across New York rebuild and recover.

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The dangers of relying upon a
Certificate of Insurance as proof that required insurance coverage is being
provided to an upstream, additional insured party as specified by a trade
contract, has been discusses recently. The New York State Court of Appeals have
recently decided that still further reason to demand, for review, a complete
copy of all policies of liability insurance from any entity contractually
required to provide you with coverage.

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The
Affordable Health Care Act heralds good news for those of you with pre-existing
conditions that may have been unable to get coverage in the past, or have had
to pay for very expensive policies due to your condition. The new laws will
make it illegal for insurance companies to refuse coverage, or charge more for
it if you have a pre-existing condition.

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Since students will be heading to college in the fall, it is
important for these young adults and their parents to get smart about their
insurance.

It can be costly and difficult to find errors, but it is planned that a federal agency will write new rules to protect consumers.

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Workers’ compensation
is one of the vitally important forms of coverage that a business can have –
for the benefit of both the business owner and the employees it is designed to
protect. However, working through a claim can be a complex process.

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Have you set up your
finances so that if something happens to you, your family can be adequately
taken care of? There are a couple of basic things you may need to have in place
if what you want for them is to happen in the event of your death. One is to
make a will, and the other is to call your insurance agent and purchase life
insurance.