is a nonprofit charged with facilitating and encouraging compliance with the excess and surplus line insurance law of New York.
My friend, ELANY
Executive Director Dan Maher, explained to me that the proposed statute would not require a broker to place business only with insurers on the list, and ELANY
would be required to conduct an annual analysis of each insurer on the list.
Eligible insurers file financial statements and other documents with ELANY
as required by New York Insurance Regulation 41.
In response, the plaintiff argues that the provisions of the Insurance Law which contain ELANY
'S enumerated powers should be liberally construed to create the requisite capacity to commence this litigation to enforce compliance with the excess-line law.
The industry's famed technology guru, Steve Anderson taught two education seminars: The morning's presentation, Maximizing Your Agency's Internet Presence, sponsored by ELANY
, and approved for two continuing education credits in both New York and New Jersey.
PIWA legislative representative Bob Pastel and ELANY
Executive Dan Maher provided a review of the 2011 legislative session and discussion of the issues expected to be addressed during 2012.
Representing our industry's valued trade Associations were: Ellen Melchionni, President of the NYIA, Dan Maher, Executive Director of ELANY
, Anthony Greene, President of IBANY, Richard Poppa, President & CEO of the Big I, Marsha Cohen, Senior Vice President and Director of Education of RAA, Lance Albright, President of NYCPCU, Jana Lee Pruitt, Senior Vice President LICONY and David Walsh, Chairman of the International Insurance Law Society.
He then focused on federal legislation and addressed changes that will occur with the enactment of the Nonadmitted and Reinsurance Reform Act of 2010 (NRRA)--an issue that was discussed in more detail later in the day during the legislative/regulatory update program featuring ELANY
Executive Director Dan Maher and PIWA Legislative Representative Bob Pastel.
The Excess Line Association of New York (ELANY
) has set the expansion of its "export list" of insurance coverages with the promulgation of the 11th Amendment to Regulation 41 effective September 2, 2009.
The statutory authority of the Excess Line Association of New York (ELANY
) would be extended to July 1, 2014 by legislation passed in the Senate and Assembly and sent to the Governor.
Maher, Executive Director for the Excess Line Association of New York (ELANY
Maher, Esq., executive director of Excess Line Association of New York, and Eugene Nunziata, education/communications director of ELANY
, from 8-10:40a.m.