Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
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...
Lawyers Seek Mercy for Ex-New York Senate Leader Skelos and Son
Mar 25 2016 // New York’s former Senate leader and his son, who were convicted alongside one another on charges that the once-powerful Republican used his office to extort about $300,000 in salary and other benefits for the son,...
New York Trains More Than 100K Residents in Disaster Response
Mar 24 2016 // More than 100,000 New York state residents are now trained in how to help out during a natural or man-made disaster. New York Gov. Andrew Cuomo says the Citizen Preparedness Corps reached the milestone on March 21. The...
Universal Property & Casualty’s Expansion Continues With License in N.Y.
Mar 24 2016 // Universal Insurance Holdings Inc., an insurance holding company based in Fort Lauderdale, Florida, announced that its subsidiary Universal Property & Casualty Insurance Company (UPCIC) has been approved by the New...
R-T Specialty to Acquire Hartan Brokerage in New York City
Mar 24 2016 // R-T Specialty LLC, the wholesale brokerage unit of Ryan Specialty Group LLC in Chicago, announced that it has reached an agreement to acquire substantially all of the assets of Hartan Brokerage, a wholesale insurance...
AIG Continues with Job Cuts; Warns 242 in New York Next to Go
Mar 23 2016 // American International Group Inc., the insurer that’s been under pressure from activist investors, said it plans to cut 242 jobs at five locations in New York City. The reductions will take place through Sept. 30,...
New York’s E-Prescribing Law Takes Effect This Month
Mar 21 2016 // The scribbled, cryptic doctor’s prescription is headed toward eradication in New York, where the nation’s toughest paperless-prescribing requirement takes effect this month. Instead of handing patients slips of...
N.Y. Unveils Plan to Target Zika Virus; Conn. Identifies 1st Zika Case
Mar 21 2016 // New York state will monitor and target a type of mosquito that officials fear could spread the Zika virus, part of a new plan to combat the disease that also includes distributing prevention kits to pregnant women. The...
People – East
Mar 21 2016 // John Q. Doyle, who was ousted from the executive ranks of American International Group in a management shakeup in December, is joining global insurance broker Marsh. Marsh said it has appointed Doyle as president,...
Bangladesh Cyber Bank Heist Prompts Scrutiny of Cyber Security Measures
Mar 16 2016 // A printer error first tipped off Bangladesh’s central bank to one of the biggest cyber heists in recent history, according to a complaint filed to police that provided new details on the attempted theft of nearly $1...
