Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New York DFS Superintendent Directs Insurers to Submit Disaster Plans
Mar 29 2017 // All insurance companies licensed to conduct business in New York State must submit updated disaster response and recovery plans and responses to online questionnaires to the Department of Financial Services (DFS) by June...
Student Sues New York’s Columbia University, Alleging Indifference to 2 Rapes
Mar 28 2017 // A woman who enrolled in Columbia University partly because she wanted to be part of the emotional debate there over on-campus sexual assaults sued the school Tuesday, saying she was raped twice in her dorm room during her...
Uber Tells U.S. Appeals Court in New York Customers Must Arbitrate Disputes
Mar 27 2017 // A U.S. appeals court in New York on Friday weighed arguments over whether Uber Technologies Inc. customers gave up their right to sue the company when they registered for its popular taxi hailing service. The case could...
Insurers, Victims Sue Saudi Arabia Over Sept. 11 Terrorist Attacks
Mar 27 2017 // Saudi Arabia is facing a renewed $6 billion lawsuit by dozens of insurers seeking to hold it responsible for business and property damage caused by the Sept. 11, 2001 attacks. The lawsuit filed late Thursday in the U.S....
New York Bridge Inspector Convicted for Falsifying Safety Review
Mar 23 2017 // A state contract bridge inspector accused of creating a false safety report for a county bridge has been convicted of a felony. New York Inspector General Catherine Leahy Scott announced Monday that Akram Ahmad of...
Aon Gains Upper Hand in Non-Compete and Poaching Lawsuit vs. Alliant
Mar 22 2017 // A legal battle between two insurance brokerages over whether a former employee violated non-compete agreements and poached numerous employees is not over yet but the brokerage bringing the charges has scored key early...
New York Insurance Broker Sentenced in $1M Fraud Scheme
Mar 20 2017 // An Albany insurance broker has been sentenced to nine years in prison for a $1 million securities fraud scheme. Lawrence D. Rosenbaum previously pleaded guilty to charges including grand larceny and securities fraud. He...
Steamin’ Hot Markets: Cyber, Sharing Economy, Active Shooter, Construction, Mergers and More
Mar 20 2017 // Cyber Sharing Economy, Active Shooter, Construction, Mergers and More Insurance Journal examined industries experiencing changes, challenges, expansions and growth in the past year. For 2017, experts predict the U.S....
New York Cyber Regs Take Effect, Mid-Sized Firms Could See Biggest Impact
Mar 20 2017 // As the insurance industry has closely followed developments regarding The New York State Department of Financial Services’ (DFS) cybersecurity regulation, concerns remain in terms of how the final regulation, set to...
KKR and CDPQ Announce Joint Acquisition of New York-Headquartered USI
Mar 17 2017 // KKR, a global investment firm, and Caisse de dépôt et placement du Québec (CDPQ), a long-term institutional investor, have announced their joint acquisition of USI Insurance Services (USI), a U.S. insurance brokerage...
Plunging Temperatures in Northeast Lead to Icy Conditions Following Storm
Mar 16 2017 // Concerns about falling temperatures and icy conditions on roads and sidewalks across the Northeast followed a late-season storm that plastered the region with sleet and snow. Tuesday’s powerful nor’easter...
China’s Anbang Insurance Group Denies Report of Kushner Property Investment
Mar 15 2017 // China’s Anbang Insurance Group said it is not investing in a flagship Manhattan office tower owned by the family of Jared Kushner, U.S. President Donald Trump’s son-in-law and senior adviser. Anbang Insurance...
U.S. Blizzard Grounds Flights, Raises Power as Trump Tweets
Mar 14 2017 // A late-winter storm is about to bury the eastern U.S. in snow. Airlines have canceled thousands of flights, wholesale power prices surged and natural gas futures rallied as the storm prepared to spin up the Atlantic Coast,...
New York City Landmarks Art Deco Interiors of Waldorf Astoria
Mar 9 2017 // New York City on Tuesday landmarked some lavish public interiors at the Waldorf Astoria to save them as the hotel’s Chinese owners start a renovation that will produce hundreds of private condominiums. Nine members...
York Acquires Stock of New York’s Northeast Association Management
Mar 9 2017 // York Risk Services Group (York), a Parsippany, N.J.-based provider of claims management, managed care, specialized loss adjusting, alternative risk programs, pool administration and other insurance services, has acquired...
Brightway Insurance Set to Open First New York Location
Mar 9 2017 // Brightway Insurance, a national property/casualty insurance retailer selling through a network of franchised independent agencies throughout the country, is expanding across the U.S. with its first location in New York...
Judge Dismisses Shareholder Lawsuit Against Chipotle
Mar 9 2017 // Chipotle Mexican Grill Inc. on Wednesday won the dismissal of a lawsuit claiming it defrauded shareholders about its ability to protect customers from at least seven norovirus, E.coli and salmonella outbreaks that erupted...
Victims, Roman Catholic Church Spar Over New York Sex Abuse Bill
Mar 8 2017 // New York legislation to relax one of the nation’s most restrictive statutes of limitations on child molestation victims continues to stall under pressure from the Roman Catholic Church and other opponents. The bill...
Senator Schumer Wants NTSB to Look into Small Plane Crashes in New York
Mar 7 2017 // Sen. Chuck Schumer wants the National Transportation Safety Board to conduct an in-depth investigation of small plane crashes, following two incidents last month and at least 18 crashes in New York last year. Schumer on...
ProSpecialist Insurance Services, LLC Announces New Appointment for an Admitted Lawyers Professional Liability Product in New York
Mar 7 2017 // Newtown, PA, March 7, 2017– ProLawyer Insurance, LLC dba ProSpecialist Insurance Services, LLC is pleased to announce their appointment with an A.M. Best “A” (Excellent) rated carrier for Lawyers Professional...
