Be sure Proof of Life does not become Real Life. A U.S. oil company engineer working in South America is kidnapped from his car by anti-government guerrillas, who demand a huge ransom for his return. His wife and company turn to an international operative who is experienced negotiating with terrorist kidnappers – and, if necessary, taking action to win a...

A fire at your home or business can be the most devastating event in your lifetime.  Aside from the emotional toll it can have, the cost to families, to companies as well as to the economy as a whole is up, according to the National Fire Protection Association. Cost of fires is up 34% since 1980 Across the US the...

Does Your Homeowners Insurance Cover a Business Event? Will you be inviting your clients and business associates to your home for a gathering this summer?  If the event includes a business presentation or discussion of a deal, you should think twice about your insurance coverage. Legally –for insurance purposes – a business-related gathering may be quite different than hosting a...

Are you planning a remodeling project or addition for your home this year?  Construction season is upon us, and it’s important to have the right insurance coverage. The Insurance Information Institute says if you’re hiring someone to do the work, be sure that the house, the contractor and the subcontractors have adequate insurance coverage. Before the job begins an appropriate...

With graduations, birthdays, Father’s Day, reunions and proms fast approaching, some may want to make a statement by renting a luxury or exotic vehicle to impress others or just to enjoy the sights, sounds and excitement that comes with these types of cars. Services like Gotham Dream Cars and Hertz Dream Car Collection let anyone who is interested rent the...

By Rosalyn Binday Are you unfortunately familiar with the term “policy limits?” If you’ve ever had someone slip and fall on your front steps or been at-fault in an auto accident, you just might be. Policy limits are the maximum that your insurance will pay for a specific claim.  For example, if you buy only minimum auto coverage in New...

By Rosalyn Binday The thermometer soon – and it’s about time – will be moving well above freezing, so homeowners should be ready for possible flooding as the piles of snow throughout the tri-state area begin to melt. This brings the possibility of leaks in your roof and walls from gutters that are dammed up, as well as backed up...

By Rosalyn Binday  Did you have a loss last year due to weather, theft or an accident? Are you planning to deduct that loss when you file your Federal Income Tax return? Well, it might not be so easy.  In fact, the IRS sets a pretty high bar for a tax deduction due to a casualty loss.  It’s a good...

Glenn Binday, left, wearing his jacket from Scarsdale Volunteer Fire Co. No. 3, speaks to a young local resident at a recent even about the work of volunteer firefighters.    Glenn Binday, a volunteer firefighter since 2002, has been elected President of Scarsdale Volunteer Fire Co. No. 3. As President of Company No. 3, Binday, a native and resident of...

 By Ronald Binday We all seen those comical TV commercials about making a phone call to switch our auto insurance to some big, impersonal company that seems only to exist at the other end of an 800 number. But for residents of New York State, there’s a much better way that includes keeping your current insurance and the local customer...