Ask Tim

Become an Additional Insured and Lose Coverage?

Can a business lose coverage if someone else’s liability insurance policy names them as an additional insured? Yes. What Happened A member contacted us recently about his client, the owner…

A fire erupting over a gas stove in a kitchen.

Presidents’ Day Trivia: NY, Sports & Music

Today, February 16, is Presidents Day, when the country celebrates the 45 men (they’ve all been men so far) who have held the land’s highest office. You may not have…

A close-up view of the American flag waving in the air.

NY Cyber Reg: What Your Agency Must Do

As has been the case for the past nine years, sometime between now and April 15, each agency must log into the NYS Department of Financial Services (DFS) cyber portal…

Fingerprint icon with a wireframing background

DFS Warns About ‘Vishing’ Cybersecurity Attacks

Last Friday the New York State Department of Financial Services (DFS) sent a heads-up to all cybersecurity leaders at firms it regulates: to watch out for vishing — voice phishing…

A close-up view of a woman with an iPhone held up to her ear, on a phone call.

Have Tariffs Left Your Clients Underinsured?

Nicholas M. Insua and Richard P. Lewis, partners at law firm Reed Smith, LLP, raise an interesting point in a post published last month: “The bigger issues related to how…

A construction site with stacked lumber building materials

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