Ask Tim

Two Minutes With Tim - NY SHIELD Act - What Do Insurance Agencies Have To Do?

​New York enacted a cybersecurity law last year. What does that mean for insurance agents and brokers? If they're complying with the New York regulation on Cybersecurity Requirements for Financial Services Companies, not much. Just be prepared to notify the state attorney general if something goes seriously wrong. Watch:

 

Big I NY report, June 21, 2019

New York General Business Law Section 899-bb

Two Minutes With Tim - NY Cyber Regulation - Certification of Compliance Deadline Changed

​The New York State Department of Financial Services is giving you more time to make your annual filing.

 

DFS announcement​​

Big I NY report​

Two Minutes With Tim - Child Victims Act - When The Insurer Is No More

​For one year, people in New York can sue over sexual abuse they suffered as children. But what if the insurance company that provided the coverage back then no longer exists?​

 

​Slideshow: ​Child Victims Act Claims - What if the Insurer No Longer Exists?​​

Two Minutes With Tim: NY Cyber Reg - Certification of Compliance Reminders

​If you received an email from the New York State Department of Financial Services about the certification of compliance, here's what you need to know.​

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Child Victims Act Claims - What if the Insurer No Longer Exists?

New York's Child Victims Act - Created with Haiku Deck, presentation software that inspires;

Two Minutes With Tim - New York Auto Photo Inspections - Does the Insurer Need the Window Sticker?

​In this video, I answer members' questions about demands one particular insurer has started making when it comes to waiving the inspection for a new car.

Two Minutes With Tim - New York Automobile Photo Inspections - Does the Insurer Need the Window Sticker? from Big I New York on Vimeo.

 

Two Minutes With Tim - Car Sharing

​If you have a New York personal auto insurance policy, in most cases you automatically have coverage for damage you do to a vehicle you rent. What about if you get a vehicle from a car sharing service? Does the insurance apply to that car? Watch the video to find out. Spoiler alert: Keep your debit card handy.

Two Minutes With Tim: Car Sharing from Big I New York on Vimeo.

Disability Benefits For An Organ Donation?

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​Photo by martakat83. Used under a Creative Commons Attribution 2.0 Generic license.

Question from a Big I New York member: One of our employees is considering donating a kidney. Would the disability that follows be covered under the New York State Disability Benefits Law?

Answer: Yes. The New York State Disability Benefits Law is found in Article 9 of the New York Workers’ Compensation Law.

• That article says that “Disability benefits shall be payable to an eligible employee for disabilities …”
• The definitions section of the article says that “disability” is “the inability of an employee, as a result of injury or sickness not arising out of and in the course of an employment, to perform the regular duties of his employment …”
• The same section says that the terms “injury” and “sickness” include “incapacitation as a result of being an organ donor in a transplant operation.”

Since incapacitation as a result of being an organ donor in a transplant operation is “injury or sickness,” and disability results from injury or sickness, then it follows that an eligible employee may receive disability benefits for some period of time after a kidney donation.

How Private Are Your Private Facebook Posts?

How Private Are Your Private Facebook Posts? - Created with Haiku Deck, presentation software that inspires

Two Minutes With Tim - Is a Swimming Pool a "Detached Structure"?

Two Minutes With Tim: Is a Swimming Pool a "Detached Structure?" from Big I New York on Vimeo.

Submitted for your approval:

1. A home is insured for $512,000

2. By the terms of the Homeowners policy, "Other Structures" are insured for $51,200.

3. A swimming pool attached to a pool deck attached to steps attached to a patio attached to the house is damaged to the tune of $237,000.

Is the pool part of the dwelling (insured for $512,000) or is it an "other structure," insured for only $51,200? In this video, I answer that question based on a court's decision in Porco v. Lexington Ins. Co.