Articles by Kenneth J. St. Onge

CEOs on Main Street

Elsewhere in this issue, we relate the view on Main Street from the perspective of independent insurance agents. But how do property/casualty company CEOs view Main Street and Main Street agents? At the recent Property/Casualty Insurance Joint Industry Forum in …

New York Agents Praise Regulators New Opinion on Bounced Check Fees

New York insurance agents are lauding a new legal opinion from state regulators that will allow producers to recover any money lost when clients bounce checks. The Independent Insurance Agent and Brokers of New York (IIABNY) said the opinion — …

Massachusetts Allows for Terrorism Exclusion in Commercial Insurance

Commercial property insurers in Massachusetts will be allowed to exclude terrorism coverage from commercial fire insurance policies under a new law signed by Gov. Deval Patrick. The law modifies the standard fire insurance policy to allow insurers to exclude coverage …

Alleged ‘Harassment’ Not Compensable for New Jersey Security Guard

A New Jersey woman who claimed the stress of her work as a hospital security guard left her with a psychiatric disability cannot collect workers’ compensation benefits, a state judge has ruled. The case centered on the allegation by the …

Captivated By Potential

Northeast State Have Uneven Success Attracting Captives States across the Northeast continue to look at captive insurance companies as a potential source of new business — and tax revenue — but the continued growth of captives is treating some states …

New York ‘Crash Tax’ Roils Insurance Industry

Trade Groups Lash Out at Proposed FDNY Charges for Accident Response The insurance industry spoke out against what it is calling a hidden “crash tax” during a public hearing in New York City earlier this month. Under the proposal, the …

Signs Point to Growth This Year

It’s looking like 2011 should be an interesting year in the insurance world, with Republicans in Congress aiming to take down the new health insurance reform laws and states trying to figure out how to deal with the new regulations …

Six Keys to Harleysville’s Turnaround

How The Pennsylvania Insurer Made a Company-Wide Shift in its Business Approach Six years ago, Harleysville Group was in need of a big change. The Pennsylvania-based insurer had just come out of the worst performing year in its history. That’s …

Alleged ‘Harassment’ Not Compensable for New Jersey Security Guard

A New Jersey woman who claimed the stress of her work as a hospital security guard left her with a psychiatric disability cannot collect workers’ compensation benefits, a state judge has ruled. The case centered on the allegation by the …

New York Agents Plan Court Appeal over Pay-Disclosure Rules

Two New York agents’ groups said they have taken the first steps to appeal a decision by a state court judge allowing state insurance regulators to force brokers to reveal their commissions. The Independent Insurance Agents and Brokers of New …