Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Chubb Wins Latest Battle With New York Diocese in Bid to Avoid Sex Abuse Claims
Apr 24 2024 // A New York state appeals court has reinstated Chubb insurance companies’ bid for judgments declaring that they are not obligated to cover thousands of sex abuse lawsuits brought against the Archdiocese of New York...
New York AG, Trump Attorneys Agree to Changes in $175M Bond in Civil Fraud Case
Apr 23 2024 // Lawyers for former President Donald Trump and the New York attorney general on Monday agreed to changes in the terms of the $175 million surety bond Trump secured with Knight Specialty Insurance Co. (KSIC). Attorney...
Why New York’s Attorney General Objects to Trump’s Bond Insurer
Apr 22 2024 // New York’s attorney general has urged the state judge overseeing the state’s civil fraud case against Donald Trump to reject the former president’s $175 million appeal bond. Attorney General Letitia James...
Cable Company Worker Electrocuted While Working on Utility Pole in Upstate New York
Apr 22 2024 // A man working on a utility pole was electrocuted early Friday when low-hanging wires made contact with the basket of his truck, according to police. The cable company worker was doing routine maintenance in rural Berne,...
Brooklyn Diocese Settles with New York AG for Mishandling Clergy Sex Abuse Cases
Apr 18 2024 // New York Attorney General Letitia James announced an agreement with the Roman Catholic Diocese of Brooklyn to address years of reported mismanaging clergy sexual abuse cases. According to the Office of the Attorney...
Trump’s Bond Insurer Tells Judge Shortfall Is ‘Inconceivable’
Apr 17 2024 // Donald Trump submitted evidence that the insurer providing his $175 million appeal bond in New York’s civil fraud case is financially capable of paying up if his legal challenge fails, after the state attorney...
Supreme Court Rules Corporate Silence on Impactful Trends Not Securities Fraud
Apr 16 2024 // Shareholders cannot sue companies for fraud if they flout a rule requiring disclosure of trends expected to affect their bottom line unless the omission makes another statement misleading, the U.S. Supreme Court ruled on...
Coral Gables, Florida Tops Beverly Hills as Ritziest Home Market in US
Apr 15 2024 // Floridians with homes in the ritziest neighborhoods that include Coral Gables and Naples are experiencing the nation’s biggest increases in real estate wealth as markets in the Sunshine State supplant those in...
New York City to Pay $17.5M, End Ban on Religious Head Coverings in Mug Shots
Apr 15 2024 // New York City has agreed to pay $17.5 million to settle a lawsuit filed by two Muslim women who were forced to remove their head coverings to be photographed after they were arrested. The class-action lawsuit was filed in...
People & Places
Apr 15 2024 // National Brian Lewis Lockton Re, the reinsurance business of independent insurance broker Lockton, added Brian Lewis as senior broker, leading the Cyber practice for North America. He is based in Lockton Re’s New...
Business Moves
Apr 15 2024 // National Risk Strategies, H.W. International Global specialty brokerage Risk Strategies reported it has acquired the U.S. and Canadian operating entities of global insurance holding company, H.W. International B.V. Based...
D&O Risks to Consider When Exploring the New Frontier of Gen AI
Apr 15 2024 // Is the world being overtaken by robots? While the answer to that question is clearly “no” – or at least, “not yet” – it seems that the focus of nearly every industry and business media outlet is...
People Moves: Rosensaft Joins Alliant M&A; McDougald Is President of Victor Specialty
Apr 12 2024 // Rosensaft Joins Alliant Insurance Services as Managing Director Jodi Rosensaft joined Alliant Insurance Services, headquartered in Irvine, California, as managing director, advisory leader – representation and warranties...
Mayor Says New York City Will ‘Iron Out Kinks’ in Errant Chatbot
Apr 12 2024 // An artificial intelligence-powered chatbot created by New York City to help small business owners is under criticism for dispensing bizarre advice that misstates local policies and advises companies to violate the law. But...
New York City’s Skyscrapers Are Built to Withstand Most Earthquakes
Apr 9 2024 // The ground rumbled Friday beneath New York City, home to famous skyscrapers like the Empire State Building and One World Trade Center. Though buildings that can reach above 100 stories might seem especially vulnerable to...
East Coast 4.8 Earthquake Causes Disruption But No Injuries or Sweeping Damage
Apr 7 2024 // An unusual East Coast earthquake shook millions of people from New York and Philadelphia skyscrapers to rural New England on Friday, causing no widespread damage but startling an area unaccustomed to temblors. The U.S....
New York-New Jersey Area Shaken by 4.8 Earthquake
Apr 5 2024 // A 4.8 magnitude earthquake shook the New Jersey-New York area this morning at about 10:23 am, according to the United States Geological Survey. The earthquake’s epicenter was near Whitehouse Station, New Jersey....
Violent Spring Noreaster Takes At Least 4 Lives
Apr 5 2024 // A violent storm that hit the Northeast the past two days has taken the lives of at least four people, three of whom were killed when uprooted trees crashed into their vehicles. Heavy rains and snow along with winds as high...
Trump’s Bond Firm Must Show Proof of Resources, New York AG Says
Apr 5 2024 // Donald Trump must prove within 10 days that the company providing his $175 million appeal bond in New York’s civil fraud case is financially capable of paying up if his legal challenges fail, the state told a...
People Moves: Risk Strategies Appoints Conklin; Edwards Joins Alliant in New York
Apr 4 2024 // Josh Conklin Risk Strategies, headquartered in Boston, appointed Josh Conklin as national employee benefits growth leader and senior managing director. Conklin joined Risk Strategies in 2019 through the acquisition of...
