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Working Professionals Don't Want to Go Back to the Office

The COVID-19 pandemic has had a profound effect on the nation's workforce, and one of the biggest changes is in the amount of people that are now working from home. A new survey has found that the majority of working professionals who were forced to start working remotely due to ...

If You Shop for NY Homeowner's Insurance Based on Price, You May Regret It Later

As natural disasters continue to increase in number and severity, and insurers pay out record amounts of claims for damaged homes in many parts of the country, homeowner's insurance rates are on the rise. In recent years, that's prompted some homeowners to hunt for the lowest possible premium they can ...

NY Insurance Agency News: Limitations of Car Safety Technology

A new study by the AAA Foundation for Traffic Safety has found that too many drivers are unaware of the safety limitations of the advanced driver-assistance systems in their vehicles. As a result, they are taking for granted that these systems will always warn them or help them take corrective ...

Getting a Handle on NY Commercial Auto Insurance Rates

While most companies focus on driver training to help reduce the chances of accidents pushing up premiums charged by NY insurance companies, many executives have been frustrated to see their rates climb. The top two factors affecting your commercial auto premiums are your history of claims and the driving records ...

Insurance In New York - Will Your Homeowner's Policy Cover a Mold Infestation?

Mold is a perennial problem for homeowners and, if left untreated, can cause health problems for members of your family. People exposed to mold on a daily basis can have a number of reactions, including: Asthma Eye irritation Itchy skin Sneezing and runny nose Coughing and sore throat.   While ...

Understanding Your NY Auto Insurance Policy's Rental Car Coverage

WHEN YOUR car gets damaged in an accident or stolen, the repair or recovery cost is only part of the story.  Without another vehicle available, your only recourse may be to rent one. The good news is that your policy may already include coverage to defray the cost of ...

Survey: NY Commercial Insurance Rates to Continue Rising in 2021

Survey: NY Commercial Insurance Rates to Continue Rising in 2021 The commercial insurance rate hikes that have been ongoing since 2017 are expected to continue into 2021 with double-digit increases for most lines of insurance, according to a new report. The survey of insurance executives by Alera Group Inc. forecasts that commercial rates ...

Identity Theft Goes Beyond Online: Shred Docs

Much has been made of people's identities being stolen through cyber attacks and other online means, but the majority of identity thefts are still being carried out the old-fashioned way by criminals finding documents bearing social security numbers and other personal information. Identity theft is a growing problem with consumers ...

NY Business Insurance News - Is Your Firm Protected against a SLAPP?

What would you do if your business got SLAPPed? SLAPP stands for "strategic lawsuit against public participation." A business that gets SLAPPed has been sued for speaking out against or about a person or entity. In these actions, the plaintiff accuses a person or business of harming them by speaking ...

How NY Property Insurance Will Pay for Loss of Use of Your Home

Besides your loss of property, one of the main concerns you may have if your home has been damaged by a fire or other calamity is how to pay for your living expenses as you wait for it to be repaired. Fortunately, the standard homeowner's policy will cover you for "...

Struggling for Survival: Businesses That Went Thin on Insurance

Imagine several small businesses located around the country. Each is well-established and profitable. Each of them bought business insurance - property, liability, automobile and workers' compensation. They told their agents they wanted the lowest possible price for coverage, and the agents came through. But they didn't also take their agents' ...

NYS Insurance News - Pedestrian Deaths Surge to 33-Year High

We've told you before about the increasing number of car accidents and vehicular injuries - many of them resulting in deaths - that many observers attribute to distracted driving. But what you may not know is that pedestrian fatalities are now at a 33-year high and seem to be continuing ...