Articles by Kenneth J. St. Onge

States Gear Up for Stimulus Package

Impact on Insurance Industry May be Minimal, Experts Say The $787 billion stimulus package passed by Congress looms as the largest mountain on the country’s newly changed economic landscape. But despite hope that the stimulus bill will jump-start spending, some …

The Relative Calm

At New York Forum, Industry Insiders Credit Risk Management for Minimizing Recession’s Impact To many, the insurance world seems to operate on its own theory of physics. And to the hundreds of high-powered industry execs who gathered on the third …

New York Proposes Compensation Disclosure Rules for Agents

Despite earning praise from major insurance brokerages, a proposed new regimen of compensation disclosure rules for insurance producers has New York agents on edge. The draft regulations issued earlier this month include rules that establish “minimum disclosure requirements.” Those requirements …

Execs Credit Risk Management for Minimizing Recession’s Impact

To many, the insurance world seems to operate on its own theory of physics. And to the hundreds of high-powered industry execs who gathered on the third floor of the Waldorf-Astoria in New York earlier this year, there is a …

Where Consumer, Once, Was King

It’s puzzling to ponder the thought process of a former judge who decides it’s in the public’s best interest to mothball the courthouse and replace judges with defendants empowered to hear any cases against them. But such is the situation …

New York Proposes Compensation Disclosure Rules for Agents

Despite earning praise from major insurance brokerages, a proposed new regimen of compensation disclosure rules for insurance producers has New York agents on edge. The draft regulations issued earlier this week include rules that establish “minimum disclosure requirements.” Those requirements …

Change and Protect

Change is coming to Washington and to the NAIC but hopefully it’s change that will largely protect the status quo when it comes to insurance regulation. Last spring, we took it upon ourselves to urge the National Association of Insurance …

Maine’s Kofman Vows to Do the Job that Feds Can’t

Rookie Regulator Looks to Keep Pine Tree State on Even Keel Although she’s held the post for less than a year, Maine Insurance Commissioner Mila Kofman is no stranger to insurance regulation. She has spent a lot of time in …

Mass. Court: Professional Liability Policy Excludes Document Theft

A document management company that allowed a client’s sensitive documents to be taken is not covered by a professional liability policy with an intellectual property exclusion, the Massachusetts Supreme Judicial Court has ruled. The case – which pitted Uniscribe Professional …

Reading Between the Whines

There are several near-constants in an insurance editor’s life when a new year rolls around. There’s the inevitable mistake of putting last year’s date on this week’s article. There’s the added frustration of trying to contact sources over the holidays …