Latest New York Headlines

All the headlines from our New York Topic Page, ordered by recency.

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...

Evergreen Insurance in New York Acquires Sheridan’s Assets

Sep 20 2016 // Evergreen Insurance & Risk Management, a Monsey, New York, based insurance brokerage for investment real estate, has acquired the assets of Sheridan & Company Group LLC and T.J. Sheridan & Co. Inc. Terms of the...

New York Bombing Suspect in Custody, Investigation Continues

Sep 19 2016 // A suspect has been taken into custody in connection with a bomb that went off from inside a dumpster in New York’s Chelsea neighborhood, injuring 29 people. Mayor Chris Bollwage of Elizabeth, New Jersey, said Ahmad...

Many Safety Reforms Suggested After ‘Miracle on Hudson’ Rejected, Unresolved

Sep 19 2016 // In the seven years since an airline captain saved 155 lives by ditching his crippled airliner in the Hudson River, there’s been enough time to write a book and make a movie, but apparently not enough to carry out...

New York’s Attempt to Subject Surplus Lines Insurers to Insurance Franchise Tax

Sep 19 2016 // New York has increasingly asserted that unauthorized insurance companies — including surplus lines insurance companies — are subject to New York insurance franchise tax. However, there are several arguments...

People – East

Sep 19 2016 // Henderson Brothers Inc., a Pittsburgh, Pa.-based insurance broker, has hired Daniel W. Grealish as a consultant in its commercial lines division and an LPL registered representative in its retirement division. In his new...