2025-10-30T15:33:53-05:00 2024-12-31 135565207 KPMG LLP 345 PARK AVENUE NEW YORK NY 101540102 990EZ 2024-01-01 135612626 INSURANCE FEDERATION OF NEW YORK INC INSU 9149663180 PO BOX 9001 MOUNT VERNON NY 10552 STEPHEN H ACUNTO VP MANAGING DIRECTOR 9149663180 2025-10-29 1 0 DEVIN L DUNCAN P01249521 2127589700 2025-10-24 2024 2025-03-06 01:10:19Z X X WWW.IFNY.ORG X X 173256 X 114700 58550 6 173256 55945 11327 5607 96038 168917 4339 69923 0 74262 X 96872 85746 25076 47425 121948 133171 52025 58909 69923 74262 X IMPROVING BUSINESS CONDITIONS FOR NY INSURANCE INDUSTRY. MEMBER AND GUEST EDUCATIONAL OPPORTUNITIES, INCLUDING AI-RELATED AND THE IMPACTS OF SOCIAL INFLATION BREAKFAST EVENTS - SEE SCH O 0 0 MEMBER AND GUEST NETWORKING OPPORTUNITY, INCLUDING THE ANNUAL AWARD LUNCHEON - SEE SCH O 0 0 X STEVEN J BENSINGER DIRECTOR 1.00 0 0 0 KERMITT BROOKS DIRECTOR (THROUGH 12/2024) 1.00 0 0 0 DENISE CAMPBELL DIRECTOR (THROUGH 12/2024) 1.00 0 0 0 MAURA T CLANCY DIRECTOR 1.00 0 0 0 JAMES P CORCORAN DIRECTOR 1.00 0 0 0 REGINA DEGNAN-STEINBORN DIRECTOR 1.00 0 0 0 ERIC R DINALLO DIRECTOR 1.00 0 0 0 FREDERIC GARSSON DIRECTOR 1.00 0 0 0 DOUGLAS J HAYDEN ESQ DIRECTOR 1.00 0 0 0 CHRISTINA LEE DIRECTOR 1.00 0 0 0 DANIEL MAHER DIRECTOR 1.00 0 0 0 ROGER M MOAK ESQ DIRECTOR 1.00 0 0 0 X 0 0 0 0 0 0 0 0 NY CINN GLOBAL INITIATIVES INC 1030 LAKE AVENUE GREENWICH CT 06831 9149663180 0 0 0 0 0 0 0 0 FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME DESCRIPTION: INTEREST INCOME. AMOUNT: 6. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: MEMBER AND GUEST EVENTS. AMOUNT: 87,810. DESCRIPTION: CREDIT CARD FEES. AMOUNT: 6,362. DESCRIPTION: LIABILITY INSURANCE. AMOUNT: 1,361. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 505. TOTAL TO FORM 990-EZ, LINE 16: 96,038. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 15,026. END OF YEAR AMOUNT: 12,425. DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 10,050. END OF YEAR AMOUNT: 35,000. FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: PREPAID INCOME. BEG. OF YEAR AMOUNT: 49,600. END OF YEAR AMOUNT: 53,000. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 2,425. END OF YEAR AMOUNT: 5,909. FORM 990-EZ, PART III, LINE 28 MEMBER AND GUEST EDUCATIONAL OPPORTUNITIES, INCLUDING AI-RELATED AND THE IMPACTS OF SOCIAL INFLATION EVENTS IFNY BREAKFAST EVENT: EMERGING RESOURCES: ARTIFICIAL INTELLIGENCE -DATE: APRIL 9, 2024 -DESCRIPTION: WHAT WILL IT TAKE TO REGULATE IT? AND WHO...OR WHAT? AS WE "MERE MORTALS" ENDEAVOR TO REGULATE AND CALCULATE THE IMPLICATIONS OF AI, IFNY PRESENTS LOOK AT THE EMERGING NEW WORLD OF TREATING, REGULATING AND COPING WITH AI IN THE INSURANCE BUSINESS. -SPEAKERS: RICHARD G. LISKOV, FORMER NYS INSURANCE DEPARTMENT DEPUTY SUPERINTENDENT AND GENERAL COUNSEL, ADJUNCT PROFESSOR, AUTHOR AND SENIOR COUNSEL, ARENTFOX SCHIFF LLP, AND SCOTT HARRISON, FORMER DEPUTY SUPERINTENDENT OF THE NYS INSURANCE DEPARTMENT AND DELAWARE, CO-FOUNDER OF THE AMERICAN INSURTECH COUNCIL, AND SENIOR ADVISOR, ALVAREZ AND MARSAL. -ATTENDEES: 45 IFNY BREAKFAST EVENT: IMPACTS OF SOCIAL INFLATION -DATE: JUNE 18, 2024 -DESCRIPTION: WHAT IS SOCIAL INFLATION? THERE IS A TREND OF DRAMATIC INCREASES IN COSTS AND VERDICTS LINKED TO CIVIL LITIGATION THAT SURPASS GENERAL ECONOMIC INFLATION WITHOUT A CORRESPONDING CHANGE IN LEGAL OR FACTUAL BASES TO SUPPORT THEM. WHILE SOCIAL INFLATION'S CAUSES ARE COMPLEX, ITS HARMFUL CONSEQUENCES ARE ALREADY AFFECTING BUSINESSES, CONSUMERS, AND THE RULE OF LAW. -SPEAKERS: ERIC R. DINALLO, CHAIR OF DEBEVOISE & PLIMPTON'S INSURANCE REGULATORY PRACTICE AND A MEMBER OF ITS FINANCIAL INSTITUTIONS AND WHITE COLLAR & REGULATORY DEFENSE GROUPS IN NEW YORK, AND KEVIN M. RAMPE, THE HEAD OF NORTH AMERICA CLAIMS FOR CHUBB GROUP. -ATTENDEES: 40 FORM 990-EZ, PART III, LINE 29 MEMBER AND GUEST NETWORKING OPPORTUNITY: THE ANNUAL AWARD LUNCHEON ANNUAL AWARD LUNCHEON: IFNY'S ANNUAL LUNCHEON IS ONE OF OUR INDUSTRY'S MOST HIGHLY ANTICIPATED EVENTS. THE REASON FOR ITS POPULARITY LIES IN THE PERSONAL OPPORTUNITY IT OFFERS EACH OF OUR MEMBERS AND GUESTS INDUSTRY LEADERS, COMPANY EXECUTIVES, BROKERS, AGENTS, ATTORNEYS, CONSULTANTS, AND OTHER INDUSTRY PROFESSIONALS TO CATCH UP WITH OLD FRIENDS, EXCHANGE NEWS AND IDEAS, MAKE NEW CONTACTS AND JOIN IN RECOGNIZING OUR HONOREES. -DATE: NOVEMBER 14, 2024 -AWARDEES: THE FREE ENTERPRISE AWARDEE IS DAVE NORTH, EXECUTIVE CHAIRMAN EMERITUS, SEDGWICK AND THE MARY LANNING PUBLIC SERVICE AWARDEE IS HON. ANDREW N. MAIS. -SPEAKER: HON. ANDREW N. MAIS, COMMISSIONER, CONNECTICUT DEPARTMENT OF INSURANCE; PRESIDENT, NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS -ATTENDEES: 200 FORM 990-EZ, PART IV - LIST OF OFFICERS, TRUSTEES, AND KEY EMPLOYEES ALL OFFICERS REPORTED ON PART IV ARE ALSO DIRECTORS ON THE BOARD. SECTION 6033(E) NOTICE AND REPORTING REQUIREMENTS FORM 990-EZ, PART V, LINE 35C DURING 2024, THE ORGANIZATION HAD NO LOBBYING AND POLITICAL EXPENDITURES; THEREFORE, IT HAD NO EXPENDITURES POTENTIALLY SUBJECT TO THE PROXY TAX. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.