Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New York’s Cybersecurity Rules: What Insurance Professionals Should Know
Mar 6 2017 // The New York Department of Financial Services (DFS) has issued cybersecurity requirements for financial services companies (cyber rules) that went into effect March 1. The cyber rules, codified at 23 NYCRR §500, require...
Report Finds New York Construction Fatalities, Regulatory Violations Rising
Mar 6 2017 // The New York Committee for Occupational Safety and Health (NYCOSH) found in its latest construction fatality report that construction worker deaths are rising in New York, and many construction employers across the state...
People
Mar 6 2017 // Henderson Brothers Inc., a Pittsburgh, Pa.-based independent broker, has hired Jeremy Taggart as a financial analyst in the employee benefits department. In his new role, Taggart will use his three years of industry...
Declarations
Mar 6 2017 // Cybersecurity Safeguards “These strong, first-in-the-nation protections will help ensure this industry has the necessary safeguards in place in order to protect themselves and the New Yorkers they serve from the...
PwC’s Oscars Screw-Up Could Risk Defense at MF Global Malpractice Trial
Mar 3 2017 // PricewaterhouseCoopers LLP’s epic screw-up at the Oscars could carry a high cost if jurors arrive at a malpractice trial next week suspecting the global accounting firm is error-prone. Until a PwC accountant handed...
Whistleblower Loses Out on $864M Moody’s Ratings Settlement
Mar 3 2017 // A federal judge on Thursday dismissed a whistleblower lawsuit by a former Moody’s Investors Service managing director and said he deserves none of the $863.8 million that Moody’s agreed to pay to settle claims...
Freeborn & Peters Combines with NYC Firm to Establish First New York Office
Mar 2 2017 // Freeborn & Peters LLP has combined with the New York City firm Hargraves, McConnell & Costigan P.C., effective March 1. The development, which establishes Freeborn’s first office in New York, represents a...
New York Cyber Regs Take Effect, Mid-Sized Firms Could See Biggest Impact
Mar 1 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...
Zipcar Comes to New York’s Hudson Valley
Mar 1 2017 // Metro-North Railroad and Zipcar have launched a car share initiative in the Hudson Valley. Under the Ride2Drive program, a total of 14 Zipcars, including sport utility vehicles, will be parked at dedicated spaces at nine...
ProSpecialist Insurance to Offer Lawyers PL in New York Through ProAssurance
Mar 1 2017 // ProLawyer Insurance, dba ProSpecialist Insurance Services, has been appointed by ProAssurance/Medmarc LawyerCare as the provider of its lawyers professional liability coverage in the state of New York. The product offers...
New York-Headquartered Walsh Duffield Companies Relocates Rochester Operations
Feb 28 2017 // Walsh Duffield Companies Inc., an insurance agency headquartered in Buffalo, N.Y., has moved its Rochester, N.Y., operations to The Culver Road Amory after seeing recent growth in the Rochester market. This growth comes on...
New York’s Crystal & Company Hires Giué
Feb 27 2017 // Crystal & Company, a New York-based strategic risk and insurance advisor, has hired Ciro Giué as an executive director and national practice leader for voluntary and worksite employee benefit solutions. Giué brings...
Security Breach at New York’s Kennedy Airport Unnerves Some Travelers
Feb 24 2017 // A breach that allowed 11 people to walk through an unattended security checkpoint lane at one of the nation’s busiest airports has some travelers scratching their heads about how this could happen even with the...
Con Ed to Pay $153M to Settle New York City Explosion Charges
Feb 23 2017 // Consolidated Edison has agreed to pay $153 million to settle charges over a 2014 gas explosion in East Harlem that killed eight people and injured about 50. The settlement was approved on Thursday by the state’s...
With Growth of the Gig Economy, States Rethink How Workers Get Benefits
Feb 23 2017 // As more and more Americans hold nontraditional jobs that don’t have benefits attached — think freelance graphic designers or Uber drivers — cities and states are exploring ways to ensure those workers still have...
Sirius XM Wins Dismissal of Turtles Copyright Lawsuit in New York
Feb 21 2017 // Sirius XM Holdings Inc. on Thursday won the dismissal of a New York copyright lawsuit over the satellite radio company’s playing of older songs by the 1960s band The Turtles and other artists, reducing the size of a...
Declarations
Feb 20 2017 // Harassment Drones “The worst thing that can happen is you get mamas separated from their babies, and that’s one of my biggest concerns.” — Republican Rep. Scott Chew wants to send people to jail for...
New York State Finalizes First-in-Nation Cyber Security Regulation
Feb 17 2017 // New York state announced a final cyber security regulation on Thursday with mandatory standards for banks and insurers to combat the ever-increasing risk of cyber attacks. The regulation, which takes effect March 1,...
EPIC Appoints O’Neil as Northeast Region President in New York
Feb 16 2017 // EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant headquartered in San Francisco, Calif., has appointed Thomas E. O’Neil as Northeast region...
AIG’s Losing Streak Continued in Q4
Feb 15 2017 // American International Group Inc. posted its fourth loss in six quarters, burned again by higher-than-expected claims costs as Chief Executive Officer Peter Hancock struggles to sustain profitability. The net loss widened...
