Yearly Archives: 2022

The Eisenhower Matrix

  • Post category:News

Ever heard of it?  I hadn’t until I was prepping for more staff development time with my team.  I was searching the internet for a visual graphic of The Purpose Matrix that I learned about in Amy Jen Su’s book “The Leader You Want to Be” to share with my team.  For some reason, the Eisenhower Matrix​ popped up.  And boy am I glad that it did!In our quest to become a more effective and efficient team this year, we recently talked about Urgent vs. Important work and where we need to spend our time.  For me, I find great satisfaction in checking things off…

Continue ReadingThe Eisenhower Matrix

​ Albany Update: Chapter Amendments to Insurance Disclosure Act Passed, Advocacy Week(S) Registration Open, Photo Inspection Co-Sponsor List Grows

Chapter Amendments to Insurance Disclosure Act Passed:This week, agents and insurers breathed a​​ sigh of relief as the legislature finally passed the highly anticipated chapter amendments to the new Comprehensive Insurance Disclosure Act (CIDA). As expected, the CIDA will now apply only to actions filed after December 31, 2021 (not all pending actions, as originally passed). Additionally, PIP actions are exempted from disclosure, and the time frame for disclosure will be extended from 60 days to 90. Anticipating these favorable changes, Big I NY prepared a summary in our February 2022 E&O report. The governor is expected to promptly sign the amendments into law and…

Continue Reading​ Albany Update: Chapter Amendments to Insurance Disclosure Act Passed, Advocacy Week(S) Registration Open, Photo Inspection Co-Sponsor List Grows

Industry Roundup: ​Rating Upgrades Increase for U.S. P/C Insurers in 2021; Insurer Sues Real Estate Firm for Workers’ Comp Fraud; Gangs Now Arbitrate Payment Disputes as Ransomware Growth Continues; & More

​Rating Upgrades Increase for U.S. P/C Insurers in 2021Ratings for the U.S. property/casualty industry returned to pre-pandemic levels with some companies strengthening balance sheets and improving operating results, said financial strength rating agency AM Best.Insurer Sues Real Estate Firm for Workers' Comp FraudAn insurance company is suing a New York real estate firm for allegedly ducking nearly $1.5 million in workers' compensation premiums.Allstate Auto Lines Suffer as Inflation Boosts 'All the Costs'Allstate Corp. results missed estimates for the second quarter in a row as the highest inflation in 40 years drives up the costs of insuring and repairing automobiles.How Champlain Towers Could Impact Condo Insurance…

Continue ReadingIndustry Roundup: ​Rating Upgrades Increase for U.S. P/C Insurers in 2021; Insurer Sues Real Estate Firm for Workers’ Comp Fraud; Gangs Now Arbitrate Payment Disputes as Ransomware Growth Continues; & More