Answering back: Anderson's critics deliver mixed reviews

Article Abstract:

Insurance representatives are quick to counter Anderson Kill and Olick founder Eugene Anderson's criticisms against the insurance industry. While Anderson believes that insurers do not pay claims in the hope that claimants will not put up with the cumbersome process, senior partner at Epstein Becker & Green David E. Manoogian contends that laws and regulations compel insurers to pay claims. Anderson also criticizes the mind-set among insurers that people are always trying to commit fraud. Manoogian disputes this, saying there will always be some who will try to take advantage of the system.

Insurance, Insurance Carriers and Related Activities, INSURANCE CARRIERS, Management, Insurance industry, Beliefs, opinions and attitudes

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No claims, no glory

Article Abstract:

High-stakes insurance cases have been the forte of Anderson Kill & Olick P.C. founder Eugene Anderson since he established the firm in the late 1960s. The 70-year-old Anderson has handled the whole gamut of insurance coverage cases, ranging from asbestos claims to health maintenance organizations' treatment policies. Some of the landmark cases that his firm has won include the $12 million lawsuit filed by Central Illinois Public Service Co against Allianz Underwriters Insurance Co and other insurers, and the case involving Williams Pipe Line Inc and Insurance Company of North America.

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A matter of perspective

Article Abstract:

Vincent Laurenzano made a major career move from insurance regulator to insurance financial consultant for law firm Stroock & Stroock & Lavan. His 33-year legacy as asst deputy superintendent at the NY Insurance Dept earned him the praise and affection of former colleagues and the industry. He decided to accept the job at Stroock & Stroock because of a chance to introduce novel ideas and solve problems in the field of insurance. Despite his move to the private sector, Laurenzano is still a firm believer in the regulation of insurance at the state level.

Stroock and Stroock and Lavan, Laurenzano, Vincent

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