Hello... I Must Be Going.
Author | Acunto, Steve |
Position | FOREWORD |
* So Aetna is NOT moving to New York after all. Wonder why. Couldn't be taxes, unusual level of regulation, city's grinding gridlock grids of congestion, the new degree of filth in the streets, homeless getting aggressive, taxes, high costs of doing business, over the top regulation, and did I mention taxes? No, they are staying put, it appears, at least for now and the State has pulled its $24MM offer of aid plus another $9MM off the table.... Shelter Point Life deserves the credit we reported last issue. Great people, not afraid to take action when the market demands it.... And speaking of stepping up, Elizabeth Heck, president and chief executive officer of Greater New York Mutual Insurance Company (GNY), is now chair of the New York Insurance Association (NYIA). Liz is a dynamic person whose pedigree in the business is unmistakable given her dad Warren's success at the helm of GNY and her long experience there since 2001--first as controller, then serving as chief financial officer and subsequently president and chief operating officer. Liz has stepped up to advocate for the industry's betterment as a trustee of AMCOMP, the New York Compensation Insurance Rating Board and the National Association of Mutual Insurance Companies. Her philanthropic activities include board membership on the Crohn's and Colitis Foundation of America. Congratulations Liz and thanks for serving the industry... Nice story from Tinton Falls, NJ, about a small business that did some good and is getting kudos never expected for it. A.J. Perri, a New Jersey-based provider of air conditioning, heating and plumbing services, has been giving back to military families in need by donating and installing HVAC and hot water systems free of charge. The donated products and services have totaled in over $52,000. In...
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