Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
People – East
May 23 2016 // A former American International Group (AIG) executive is joining QBE Group to become CEO of its North American operations. Russell Johnston will succeed David Duclos in the role of QBE CEO for its North American operation...
Geico to Hire More Than 100 New Associates in New York
May 23 2016 // Geico announced it plans to hire more than 100 new associates in its Buffalo, New York, location for additional positions in claims, sales and service. Geico, the largest auto insurer in New York, said its policyholder...
New York Health Insurers Propose Hikes for Individual, Small Group Rates
May 20 2016 // New York health insurers have proposed premium increases averaging 17.3 percent for next year in the market for individuals and 12 percent for small groups. The New York State Department of Financial Services often reduces...
More Than 400 Homes Wrecked by Superstorm Sandy Auctioned Off in New York
May 18 2016 // Matt Price and his wife, Carla, of Babylon, New York, are gambling that the devastation inflicted by Superstorm Sandy will be their key to the American dream of home ownership. The couple was among the successful bidders...
New York Diocese Sues Regulators Over Insurer Abortion Mandate
May 16 2016 // The Roman Catholic Diocese of Albany, New York, has sued state insurance regulators over requirements that workplace health plans cover employee abortions. The New York State Department of Financial Services lacks...
Ex-New York Senate Leader Skelos, Son Get Prison Terms
May 16 2016 // A once-powerful New York politician convicted of using his position as Senate majority leader to help his son extort hundreds of thousands of dollars was sentenced May 12 to five years in prison after each asked for mercy...
Brown & Brown to Acquire Morstan General Agency in New York
May 16 2016 // Brown & Brown Inc. announced Monday that it has agreed to acquire substantially all of the operating assets of Morstan General Agency Inc. and related companies based in Manhasset, New York. The transaction is...
Ontario Insurance Brews Up Craft Beverage Producer Coverage in New York
May 13 2016 // Cooperative insurer Ontario Insurance Company has launched a new insurance program for craft brewers and distillers in New York State. Dubbed the “Craft Brewer’s Kit,” the new insurance offering works...
New York Orders Nail Salons to Pay $2M in Unpaid Wages, Damages
May 11 2016 // New York authorities say they have ordered 143 nail salons to pay $2 million in unpaid wages and damages to 652 workers. A state task force established a year ago said Monday that it has opened investigations into more...
New York Announces Task Force to Combat Heroin, Opioid Abuse
May 11 2016 // New York Gov. Andrew Cuomo on Tuesday announced he’s forming a new statewide task force to combat heroin and opioid abuse. Cuomo said the task force is comprised of experts in healthcare, drug policy, advocacy,...
Uber to Start Guild for 35K Drivers in New York City
May 11 2016 // Uber Technologies Inc. agreed to start a guild for 35,000 drivers in New York that will help them negotiate with the ride-hailing company, though the group will have less power to resolve disputes than a full-fledged...
Investigation of $81M Bangladesh Bank Heist Uncovers 3 Hacker Groups: Sources
May 11 2016 // Investigators examining the theft of $81 million from Bangladesh’s central bank have uncovered evidence of three hacking groups — including two nation states — inside the bank’s network but say it...
New York Launches Website for Extreme Weather
May 10 2016 // New York is launching a website to help communities across the state prepare for extreme weather. The website created by the New York State Energy Research and Development Authority (NYSERDA) provides access to more than...
New York Regulator Approves New Virtual Currency Exchange
May 10 2016 // New York state has approved regulations allowing a new virtual currency called Ether. Gov. Andrew Cuomo, a Democrat, and the state’s Department of Financial Services announced the move on May 5. The regulations will...
CMS Acquires Diversified Professional Risk Managers in New York
May 10 2016 // CMS LLC, an insurance wholesaler based in Melville, New York, announced that it has acquired Diversified Professional Risk Managers in Rockville Centre, New York. Terms of the transaction were not disclosed. Established in...
NYS Insurance Fund Adds QR Code to Workers’ Comp Certificates
May 9 2016 // The New York State Insurance Fund (NYSIF) is adding a new feature to its certificates of insurance. NYSIF said all NYSIF workers’ compensation certificates now include a QR (quick response) code, which can be scanned...
As Once-Mighty Politician Gets Prison, Albany Moves On
May 5 2016 // As former New York Assembly Speaker Sheldon Silver was being sentenced to 12 years in prison for corruption, many of the politicians he once served with were passing legislation to outlaw commercial bass fishing in the...
New York to Ensure Benefits Continue for 9/11 Volunteers
May 4 2016 // New York Gov. Andrew Cuomo announced Monday that the 2016-17 state budget includes $9 million to cover the cost of lost wages and health care expenses for volunteers who contracted illnesses at the World Trade Center site...
Walsh Duffield Acquires Don Allen Agency in New York
May 4 2016 // Walsh Duffield Companies Inc., an independent insurance agency based in Buffalo, New York, announced that it has acquired Don Allen Agency Inc., based in Rochester, New York. Terms of the transaction, which became...
New York Prison Guard Accused of Workers’ Comp Fraud
May 3 2016 // New York’s inspector general says a state prison guard has been charged with fraud and grand larceny, accused of stealing more than $38,000 in sick leave and workers’ compensation benefits by falsifying medical...
