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August 21, 2014
Takeways from Recent Long Island Flooding are for All
It's been about a week since a freak summer storm lashed Long Island, especially Suffolk County, with historic rainfall levels. For independent agencies and brokerages serving the affected communities, their staffs kicked into high gear to handle the immediate aftermath of damage from the flash flooding that occurred. Were there lessons to learn or relearn? As they say in some corners of this great nation, "you betcha."
James F. Sutton Agency Ltd., the East Islip agency of IIABNY Chair of the Board James D. Sutton, CPCU, AAI, CIC, is located in an area that experienced some of the worst property damage wreaked by the storm. Read his and Sayville agent Robert Hester's advice to agents
Editor's Note: The next issue of IIABNY Insider will be published Sept. 4. Also note IIABNY's office will close at 3:30 p.m. Sept. 29 and reopen at 8:30 p.m.Tuesday, Sept. 2 in observance of the Labor Day holiday.
State Offers Assistance to LI Storm Victims
The state Department of Financial Services is expected to deploy its Mobile Command Center, which provides insurance assistance to homeowners, renters and businesses, to additional locations affected by the flooding that occurred last week on Long Island. Earlier this week and on Aug. 14, the command center was at the Islip Town Hall parking lot located at 401 Main St. According to DFS officials, those who were unable to visit the Mobile Command Center can call the department's Disaster Hotline at (800) 339-1759 for help with insurance-related issues.
Work on Hurricane Deductible Triggers Continues
Standardizing the triggers for hurricane deductibles remains a priority for IIABNY even though they were not invoked by last week's storm dousing Long Island. Read why
Expect a Below-Normal Hurricane Season
Forecasters with the National Oceanic and Atmospheric Administration Prediction Center raised the likelihood for a below-normal season in its most recent update to the Atlantic Hurricane Season Outlook. The update predicts a 70 percent chance of a below-normal season, a 25 percent chance of a near-normal season and only a five percent chance of an above-normal season. According to NOAA, the overall oceanic and atmospheric conditions are not favorable for storm development. However, the agency cautioned that even in a below-normal season, hurricanes can still strike the U.S., citing Hurricane Arthur making landfall in North Carolina in July. Read the details
No Hurricanes! Don't Let Your Guard Down Just Yet
Now that we're in peak hurricane season (mid-August to late October), Agility Recovery, IIABNY's endorsed disaster recovery provider, is advising businesses and homeowners in hurricane prone states, including New York, to stay vigilant, Agility invites agents and brokers to direct attention and those of their insureds to its blog. See why
Seminar Exposes Coastal Insurance Issues
Instructor Kym Martell will lead attendees through an examination of coastal exposures relative to insurance and risk management alternatives during classes scheduled Sept. 3 in Ronkonkoma, Sept. 4 in Garden City and Sept. 5 in White Plains. The unique loss exposures of coastal property owners will be discussed as well as issues with insuring these properties. Underwriting issues from the carrier versus the agent/client perspective will also be analyzed. Earn three continuing education credits for PC, BR, C3 and PA licenses with this morning class. Register for this course
IIABNY Boosts Member Engagement with New Staffer
IIABNY is pleased to welcome Christine Neet
, CPIA, to the association's staff where she will serve as Member Engagement Manager. Christine will be responsible for increasing member engagement as well as supporting the association's sales team and marketing and communications department. She will also participate in local association events and visit members' offices.
Christine comes to IIABNY after serving as a Marketing Representative for Superior Payment Plan, LLC. Previously, she was employed at First Niagara Risk Management and Jardine Lloyd Thompson. Christine attended Alfred State College, majoring in accounting.
Add Your 'Share' to TC Social Media Campaign
For the fourth summer, Trusted Choice® is engaging in a social media campaign to raise money for Make-A-Wish. For every "share" from the Trusted Choice Facebook page during the month of August, Trusted Choice will donate $10 to Make-A-Wish. Trusted Choice is committed to donating a minimum of $100,000 and a maximum of $150,000 with this campaign. Learn more
|SHARE TO HELP GRANT KID'S WISHES - There's only 10 more days for you to "share" a Facebook post from the Trusted Choice Facebook page and benefit Make-A-Wish. Click here
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