Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
People – East
Oct 3 2016 // RiskMatch, a Greenwich, Conn., headquartered business intelligence and analytics firm that provides insurance portfolio management and placement support services to insurance brokers and insurers, has hired Michael Golden...
New York Proposes Cybersecurity Regulation for Insurers, Banks
Oct 3 2016 // The New York State Department of Financial Services (DFS) has proposed cybersecurity regulation for financial services companies that aims to protect New York state’s financial services industry from an increasing...
Microbeads: Bad for You, Bad for the Environment
Oct 3 2016 // You wake up in the morning, brush your teeth and wash your face. The toothpaste and face wash go down the drain and you’ll never see it again… right? Wrong! What if I told you some of the ingredients, known as...
Peer-to-Peer Insurance Is Here: Lemonade Opens for Business
Oct 3 2016 // Peer-to-peer insurance startup Lemonade is open for business in New York, nine months after the startup’s debut and initial venture funding announcement. The New York-based company, which its founders promise will...
CNO Financial Ends Ties with Beechwood Re, Sues Over Hedge Fund Exposure
Sep 30 2016 // CNO Financial Group Inc. on Thursday said that two of its subsidiaries were terminating agreements with reinsurer Beechwood Re, after regulators in two states said that many assets managed by Beechwood were not compliant...
New Jersey Train Service Suspended as Investigators Seek Cause of Crash
Sep 30 2016 // Thousands who rely on the Hoboken terminal in New Jersey may face longer than usual commutes and heavy crowds on Friday as investigators try to determine why a commuter train crashed into the station, killing a woman and...
Greenberg: Managers’ Concerns Fueled Auto Warranty Reinsurance Deal
Sep 30 2016 // Less than an hour into the third day of testimony in the fraud trial of former American International Group Inc. Chairman Maurice “Hank” Greenberg, the judge took the reins. New York State Supreme Court Justice...
Greenberg Pressed for Details on Auto-Warranty Program in Reinsurance Trial
Sep 29 2016 // A New York state court judge warned Maurice “Hank” Greenberg, the 91-year-old former chairman of American International Group Inc., that his fraud trial might last a year unless he answered questions more...
Facebook Claims ‘Zero Tolerance’ for Terrorist Activity
Sep 28 2016 // Lawyers for Facebook Inc. on Tuesday sought to assure a U.S. judge overseeing lawsuits by victims of militant attacks in the Middle East that it took a “zero tolerance” approach to any communications that may...
Firms Should Look Closely at Data Practices, New York Conference Panelists Say
Sep 28 2016 // Panelists at the 2016 Professional Liability Underwriting Society (PLUS) Cyber Liability Symposium held Tuesday at the Hilton Midtown in New York City urged companies to take a closer look at data aggregation practices as...
Ex-AIG CEO Greenberg Testifies in Reinsurance Trial
Sep 27 2016 // Former American International Group Inc. Chairman Maurice “Hank” Greenberg says he got personally involved in an “insignificant” business deal at the insurance giant 18 years ago to teach some...
New York Cyber Conference Panelists Stress Importance of Unified Cybersecurity Plan
Sep 27 2016 // As cyber attacks become a growing concern with advances in technology, firms should be working to establish a cybersecurity plan that is cohesive across business operations to effectively reduce damage and cyber insurance...
Gas Explosion in New York Home Injures 7
Sep 27 2016 // Seven people were injured in a gas explosion in a private home in the New York City borough of the Bronx, the city’s fire department. Six people were transported to a hospital, a department spokesman said. Their...
Could Trouble with Comp Products from Berkshire Affiliates Land in Brokers’ Laps?
Sep 26 2016 // Insurance brokers who sold allegedly illegal workers’ compensation products from Berkshire Hathaway affiliates involved in legal and regulatory troubles in New York and California could end up being strapped with...
Trump Hotels Settles with New York Attorney General Over Data Breaches
Sep 26 2016 // Trump International Hotels Management LLC agreed to pay $50,000 to settle with New York State over data breaches that exposed 70,000 credit card numbers and other personal information, New York Attorney General Eric...
The U.S. Environmental Protection Agency to Remove Asbestos from New York Factory
Sep 22 2016 // The U.S. Environmental Protection Agency (EPA) is working to stop the potential spread of asbestos at the former Arkell and Smiths Sack Co. facility in Canajoharie, N.Y. Exposure to asbestos can lead to lung cancer and...
NSI Insurance Group Acquires New York Based KMH Insurance Services
Sep 22 2016 // NSI Insurance Group, a Miami Lakes, Florida, based privately held insurance agency, has acquired KMH Insurance Services, a New York based specialty insurance broker focused on serving marine and equine customers. Terms of...
Peer-to-Peer Personal Lines Insurer Lemonade Opens for Business in New York
Sep 21 2016 // Peer-to-peer insurance startup Lemonade is open for business in New York, nine months after the startup’s debut and initial venture funding announcement. The New York-based company, which its founders promise will...
19 Insurance Firms to Support Homeless Youth in Covenant House New York Event
Sep 21 2016 // On September 23, 109 individuals from 19 different insurance companies in the tri-state area are participating in the Sleep Out (Re)insurance Edition to support homeless youth served by Covenant House, a New York...
New York Businesses Advised to Check Insurance in Wake of Chelsea Terrorism Bombing
Sep 20 2016 // New York Governor Andrew Cuomo has identified the incident where a bomb went off from inside a dumpster in New York’s Chelsea neighborhood, injuring 29 people, as an act of terrorism. “I said yesterday I...
