Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Geico to Hire More Than 100 New Associates in New York
May 3 2016 // Geico said it plans to hire more than 100 new associates in its Buffalo, New York, office for additional positions in claims, sales and service. Geico, the largest auto insurer in New York State, said its policyholder base...
Greater New York Insurance Companies Expands to Maine Market
May 2 2016 // Greater New York Insurance Companies (GNY), a super-regional carrier in commercial property/casualty insurance, announced it will begin issuing policies in Maine beginning May. “Many New England business owners and...
Liability Insurers Win Right to Question NFL Executives, Doctors in Concussion Cases
May 2 2016 // National Football League executives may for the first time have to testify about what they knew of concussion risks after a judge cleared the way for questions from insurers who are suing to avoid paying more than $1...
People – East
May 2 2016 // The Independent Insurance Agents and Brokers of New York (IIABNY) announced that president and CEO Richard Poppa will retire at the end of 2016 after leading the association for 20 years. Poppa has served as IIABNY’s...
New York: Health Insurers Must Pay for Maternal Depression Screening
Apr 29 2016 // New York state will soon require health insurers to cover depression screening for pregnant women and new mothers. The move follows a recommendation from a federal panel that insurers cover maternal depression screening...
Hackers in Bangladesh Bank Cyber Heist Pocketed About $70M; NY Fed Criticized
Apr 29 2016 // Hackers are likely to get away with about $70 million of Bangladesh’s foreign reserves after a brazen cyber-attack against the South Asian nation, according to Finance Minister Abul Maal Abdul Muhith. The Philippines...
New York Urges Tighter Rules, More Insurance for Oil Trains
Apr 27 2016 // New York state’s comptroller urged federal authorities Tuesday to strengthen safety measures against oil spills and require trains to carry sufficient insurance to cover cleanup costs from major...
UJA-Federation of New York to Honor Casserley, Dangelo, Hershman
Apr 27 2016 // UJA-Federation of New York, a philanthropic organization, announced three honorees to be recognized at this year’s General Insurance Annual Dinner. The event will be held on May 31 at Grand Hyatt New York in...
Kingstone Hires AIG Exec Delaney as Senior VP in New York
Apr 27 2016 // Kingstone Companies Inc., a multi-line regional property/casualty insurance holding company based in New York, announced that David Delaney has joined the senior management team at its subsidiary Kingstone Insurance...
New York Among States With Highest Rate of Motorcycle Theft
Apr 27 2016 // The New York Insurance Association (NYIA) advises that motorcycle thefts in New York increased by 23 percent from 2014 to 2015. According to a report from the National Insurance Crime Bureau (NICB), motorcycle thefts...
Port Authority of N.Y.-N.J. Could Block $10M Newark-Uber Deal
Apr 26 2016 // A tentative deal between Newark, New Jersey, and ride-hailing company Uber has hit a roadblock. The Port Authority of New York and New Jersey, which operates Newark Liberty International Airport, is raising concerns about...
New York Commences Liquidation Proceeding for Health Republic
Apr 25 2016 // The New York State Department of Financial Services (DFS) announced that it has commenced a liquidation proceeding for the failed insurance cooperative Health Republic. The New York State Supreme Court will supervise the...
4 More Upstate New York Mayors Join Call to Let Uber Expand
Apr 22 2016 // The mayors of four cities in upstate New York have joined an effort to allow Uber to expand outside of New York City. Mayors in Ithaca, Utica, Rome and Hornell on Thursday endorsed a proposal before the state Legislature...
UPC Insurance Receives Approval to Acquire Interboro in New York
Apr 22 2016 // United Insurance Holdings Corp. (UPC Insurance), a property/casualty insurance holding company based in St. Petersburg, Florida, announced that it received formal approval from the New York State Department of Financial...
NYS Department of Financial Services Names Fischer to Lead Insurance Division
Apr 21 2016 // New York’s financial regulator promoted Scott Fischer to be the state’s top insurance watchdog, a position that involves overseeing about 1,700 companies with more than $4 trillion of assets. Fischer, 44, a...
New York AG Sues Health Insurer Over Hepatitis C Treatment
Apr 19 2016 // New York’s attorney general has filed a lawsuit against an Albany-area health insurer that he says broke the law by denying coverage for expensive hepatitis C treatments until patients showed advanced symptoms of the...
TigerRisk Hires Swiss Re’s Kusche as Partner in New York
Apr 19 2016 // TigerRisk Partners LLC, a reinsurance broker and risk/capital management advisory firm, has hired Philipp Kusche as partner and global head of Insurance-Linked Securities(ILS) and Capital Solutions. Based in...
New York Launches New Effort to Increase Teen Driver Safety
Apr 18 2016 // New York state is launching a new effort to reduce teen driver deaths and injuries. Timed to coincide with high school proms, spring dances and graduations, the campaign includes public awareness and stepped up law...
Business Moves
Apr 18 2016 // Arthur J. Gallagher, Joseph Distel, Continuum Solution Arthur J. Gallagher & Co. has acquired Joseph Distel & Co. Inc. in Farmington, Conn. Terms of the transaction were not disclosed. Founded in 1955, Joseph...
New York AG Probes Retailers Over Use of On-Call Shifts
Apr 15 2016 // New York Attorney General Eric T. Schneiderman, along with officials from attorneys general offices from seven other states and the District of Columbia, recently sent letters to a number of large retail companies...
