Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
N.Y. Extends Health Insurance Enrollment Period for Domestic Violence Victims
Apr 13 2016 // New York is requiring health insurers providing individual coverage through the state health exchange to allow victims of domestic violence or abandonment to enroll at any time. The Department of Financial Services says...
New York Health Exchange to Enroll 470K in New Low-Cost Option
Apr 12 2016 // New York state’s health exchange expects to enroll more than 470,000 New Yorkers in its new low-cost option for coverage this year. Testifying at an Assembly hearing last week, exchange Executive Director Donna...
New York Playwright Seeks $20M in Damages Over ‘Barbershop’ Movie
Apr 12 2016 // A New York playwright filed a lawsuit on Monday claiming $20 million in damages and seeking to block Friday’s opening in movie theaters of “Barbershop: The Next Cut,” the fourth of a series of comedies...
Federal Court Rules CGL Insurance Covers Data Breach
Apr 12 2016 // A federal appeals court in Virginia has upheld a lower federal court in ruling that a commercial general liability policy (CGL) may cover a data breach. In a case involving the publication of private medical records on the...
N.Y. Authorities Wrote 85K Tickets for Texting While Driving in 2015
Apr 11 2016 // The number of drivers issued a ticket for talking on a hand-held cellphone is dropping in New York state — though more people than ever are being caught texting while behind the wheel. New York Gov. Andrew Cuomo said...
Uber, Lyft Campaign to Expand Operations Into Upstate New York
Apr 8 2016 // Uber and Lyft are gearing up for a campaign to expand their ride-hailing operations into upstate New York to include Buffalo, Rochester, Syracuse and Albany. New Yorkers for Ridesharing, a coalition of more than 50 groups...
New York Study Highlights Avoidable Emergency Room Costs
Apr 8 2016 // A New York health insurer’s study shows 10 common conditions like sinus infections and sprains represented more than 2 million visits to hospital emergency rooms statewide and cost about $1.3 billion in 2013. The...
New York’s Ethan Allen Insurance Fraud Case Cited in ‘Panama Papers’
Apr 7 2016 // An insurance scam that involved selling bogus liability policies — including one to the operator of the New York tour boat Ethan Allen before it sank in 2005 — has gotten a mention in the data leak dubbed...
Anbang Insurance to Acquire Allianz’s South Korea Operations
Apr 6 2016 // Anbang Insurance Group Co., which walked away from a bid to acquire Starwood Hotels & Resorts Worldwide Inc. last week, has agreed to buy Allianz SE’s operations in South Korea. The Chinese insurer will purchase...
Risk Strategies Acquires Maggs & Associates in New York
Apr 5 2016 // Risk Strategies Company, a privately held, national insurance brokerage and risk management firm based in Boston, announced Tuesday that it has acquired Maggs & Associates in Schenectady, New York. Terms of the...
Carlyle Group Acquires Wholesale Trading Co-Op in New York
Apr 5 2016 // Wholesale Trading Co-Op Insurance Services, a wholesale brokerage based in New York City, recently announced that its assets will be acquired by private-equity giant Carlyle Group. Terms of the transaction were not...
2 Killed After Amtrak Train Hits Backhoe Near Philadelphia
Apr 4 2016 // An Amtrak train struck a piece of construction equipment just south of Philadelphia on Sunday causing a derailment, killing two people and sending more than 30 others to hospitals, authorities said. Train 89 was heading...
Universal P&C Expands to New Jersey, New York
Apr 4 2016 // Universal Insurance Holdings Inc., an insurance holding company in Fort Lauderdale, Florida, is continuing its expansion into the Northeast. The company announced in March that its subsidiary Universal Property &...
Cuomo, N.Y. Legislative Leaders Reach Deal on Minimum Wage Hike
Apr 1 2016 // New York Governor Andrew Cuomo and state legislative leaders reached a deal on Thursday to raise New York state’s minimum wage towards $15 per hour, but fell short of a uniform state-wide increase. The deal outlines...
Judge Cuts N.Y. Financier’s Damages Judgment in Harassment Case
Apr 1 2016 // A federal judge on Thursday reduced by more than two-thirds the maximum sum a Swedish woman can recover after having prevailed in a jury trial against a New York financier she accused of sexual harassment and...
MetLife Wins Court Appeal to Strike Down Systemic Risk Tag
Mar 30 2016 // MetLife Inc. beat back a U.S. attempt to label it too big to fail, which would’ve put America’s biggest life insurer under tougher government scrutiny and forced it to put more money in reserves. A federal...
Koeleveld Joins NYS Department of Financial Services as General Counsel
Mar 29 2016 // Celeste Koeleveld has been appointed general counsel at the New York State Department of Financial Services (DFS). Koeleveld will lead DFS’s Office of General Counsel and be responsible for all legal matters in the...
Arthur J. Gallagher Acquires Continuum Solutions in New York
Mar 29 2016 // Arthur J. Gallagher Risk Management Services Inc, the retail property/casualty brokerage operation of Arthur J. Gallagher & Co., announced the acquisition of Continuum Solutions Ltd. in New York City. Terms of the...
Pioneer Bank to Acquire Anchor Agency in New York
Mar 28 2016 // Pioneer Bank, based in Troy, New York, announced that it will acquire Anchor Agency Inc., an independent insurance agency in Albany, New York. Terms of the transaction were not disclosed. Established in 1960, Anchor Agency...
New York Set to Legalize Professional Mixed Martial Arts
Mar 25 2016 // New York’s Assembly voted 113-25 on March 22 to legalize mixed martial arts, clearing the way for fights late this year and expanding the combat sport into the last state to still prohibit it. New York Gov. Andrew...
