What is Third Party Litigation Funding & Why Should You Care?
Abstract: A short tutorial on third party litigation funding Body: Category: Ask Tim; Advocacy Published: 3/31/2025 5:01 PM Author: Tim Dodge IAFeaturePost: NONE Source
Insurers, Get Your Act Together on Commercial Lines Renewals
[The following is an updated version of a post from 2014. Unfortunately, the message is still very relevant in 2022.]I turned 61 last month. (Insert jokes about old age here.) A few weeks before I turned 25, way back during the Ronald Reagan years, the New York State Legislature passed and Gov. Mario M. Cuomo signed a bill into law, formally known as Chapter 220 of the Laws of 1986. It slapped new requirements on insurers that wanted to cancel or non-renew commercial insurance policies or make major changes to them. No longer could insurers double a business’s premium or exclude important coverage with no advance…
Two Minutes With Tim – NY SHIELD Act – What Do Insurance Agencies Have To Do?
New York enacted a cybersecurity law last year. What does that mean for insurance agents and brokers? If they're complying with the New York regulation on Cybersecurity Requirements for Financial Services Companies, not much. Just be prepared to notify the state attorney general if something goes seriously wrong. Watch: [embedded content] Big I NY report, June 21, 2019 New York General Business Law Section 899-bb Source