Articles by Elizabeth Blosfield

Elizabeth Blosfield is Deputy Editor for Carrier Management. She can be reached at eblosfield@wellsmedia.com.

Communication and Teamwork Equal Success

Not all insurance agents are created equal. At least that’s what William A. Smith & Son Insurance states on its website, a claim that speaks to the agency’s mission of serving clients and employees through strong communication and teamwork. “We …

New York Calls on Insurers to Address Climate-Related Financial Risks

New York State Department of Financial Services (DFS) Superintendent Linda Lacewell today implemented several new initiatives to address climate-related financial risks, calling on insurers to begin integrating these practices into their risk management and business strategies. This move comes amidst …

First Charges Filed Under New York’s Cyber Reg Involve First American Data Leak

The New York State Department of Financial Services (DFS) filed cybersecurity charges against a title insurance provider for exposing millions of documents containing consumers’ personal information. The charges are the first to be filed under DFS’ cybersecurity regulation, Part 500 …

Mass. Court Rules Statute of Limitations, Fair Report Privilege Apply in Defamation Case

A Massachusetts appeals court has ruled in favor of an online newspaper in a defamation case, holding that the statute of limitations and fair report privilege apply to articles the newspaper published regarding two incidents of domestic violence. This comes …

How One Young Brokerage Founder Plans to Target a ‘Different’ High Net Worth Market

As a self-taught app developer, when Hayden Kopser sees a problem, he seeks to build a solution. So, when he observed during his time working at AIG that some brokerages weren’t adequately servicing high net worth accounts, he saw an …

Limitations Period for Reimbursement Claims Does Not Apply in Industrial Accident Case

Reimbursement claims made against the town of Adams, Mass., by the town’s workers’ compensation insurer are not subject to the two-year statute of limitations established in a Department of Industrial Accidents (DIA) regulation, a Massachusetts Appeals Court has ruled. This …

Cyber Lessons for the Insurance Industry Continue Three Years After NotPetya

This summer marks three years since the NotPetya malware attack, which has been called the most devastating cyber attack in history. While cyber experts say cybersecurity and prevention strategies have since evolved in many ways, they also warn another crippling …

First Charges Filed Under New York’s Cyber Reg Involve First American Data Leak

The New York State Department of Financial Services (DFS) has filed cybersecurity charges against a title insurance provider for exposing millions of documents containing consumers’ personal information. The charges are the first to be filed under DFS’ cybersecurity regulation, Part …

Report Says COVID-19 Brought to N.Y. Nursing Homes By Infected Staff, Visitors

A New York State Department of Health (NYSDOH) report says the coronavirus outbreak that has afflicted nursing homes throughout the state may have resulted from staff and visitors unknowingly infecting residents early in the pandemic. “Unfortunately, we did not understand …

Maryland Auto Executive Director McCurdy Retires, Reflects on 38-Year Career

When Mark McCurdy informed Maryland Auto Insurance’s Board of Trustees in July 2019 of his intention to retire this year, he never imagined that the few months ahead of his retirement would involve leading the organization through a global pandemic. …