An insurance trade group in New York says that insurance companies, not agents, should be responsible for informing all concerned parties of pending policy cancellations.

Two insurance trade groups in New York filed a formal appeal of the New York Supreme Court Appellate Division’s decision upholding the state insurance department’s new broker disclosure rule.

The independent insurance agent and broker channel is alive and well nationally, especially in New York, where it grabbed a bigger market share than the national average, according to a trade group.

A bill has been introduced in the New York Senate that would provide protection to insurance agents from abusive practices involving certificates of insurance.

New York insurance companies’ performance improved in the last year, although companies were rated lower for how fairly they pay producers, a new survey of agents shows.

A meeting involving several insurance trade groups in New York March 11 will seek to develop a unified response to federal health reform and the role agents will play in the state.

The Independent Insurance Agents & Brokers of New York (IIABNY) gave awards to six insurance companies at the group’s annual Capital Event.

Two insurance trade groups in New York have filed notice indicating they will appeal the New York Supreme Court Appellate Division’s decision upholding the state insurance department’s broker disclosure rule.

The New York State Insurance Department’s clarifications to its new rules on broker disclosure has “underwhelmed’ the Independent Insurance Agents & Brokers of New York.

An insurance agent trade group praised the New York State Insurance Department’s draft regulation that will allow insurance producers to use out-of-state and Internet-based banks.