Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
XL Catlin Specialty Names Product Line Leaders for Americas
Sep 16 2015 // XL Catlin’s Specialty Insurance division has appointed leaders for its regional insurance products in its newly-created Americas region. The company named product leaders for accident and health, aviation, crisis...
New York AG Urges Tech Firms to Act Responsibly as Business Models Evolve
Sep 16 2015 // New York State’s top lawyer told technology-firm executives he will “bring the full force” of his office against companies that mistreat their workers or cheat consumers. Speaking to entrepreneurs and...
Holborn Hires Strauss as Senior VP in New York
Sep 14 2015 // Holborn, an independent reinsurance broker based in New York, hired Frederick M. Strauss as senior vice president. In this role, Strauss will be responsible for spearheading Holborn’s nationwide new business...
NYC Credit Unions Face Risks From Taxi Industry Woes
Sep 11 2015 // New York credit unions that have run up large exposures to the city’s iconic yellow cabs are facing a sharp increase in loan losses after a judge threw out a legal challenge to ride-hailing service Uber Technologies...
AIG Loses Appeal Over Foreign Tax Credits
Sep 11 2015 // A U.S. appeals court on Wednesday rejected efforts by American International Group Inc. and Bank of New York Mellon Corp. to recoup hundreds of millions of dollars of foreign tax credits that the Internal Revenue Service...
Third Point Re: ‘It’s Tough Out There’ with Ongoing Influx of Capital Market Capacity
Sep 11 2015 // Executives at Dan Loeb’s reinsurer, which is headed for its second-straight annual decline in New York trading, told investors not to count on a quick rebound in the industry as competition...
China’s Fosun to Raise $1.5 Billion to Fund Insurance & Banking Acquisitions
Sep 11 2015 // Fosun International Ltd., Chinese billionaire Guo Guangchang’s conglomerate that has bought insurers and real estate around the world, proposed raising HK$11.7 billion ($1.5 billion) in a rights offer to fund its...
New York Health Insurer’s Data Breach Puts 10M Records at Risk
Sep 11 2015 // Upstate New York health insurer Excellus BlueCross BlueShield on Wednesday said its computer systems and those at affiliates had been breached, exposing data from more than 10 million members, in the latest case to show...
Judge Strikes Down N.Y. Town’s Day Laborer Law as Unconstitutional
Sep 11 2015 // A federal judge has struck down as unconstitutional a suburban New York town’s law banning day laborers from soliciting for work on public sidewalks, declaring its broad application could affect children selling...
Holborn Hires Thaler as Executive VP in New York
Sep 9 2015 // Roderick P. Thaler Holborn, an independent reinsurance broker based in New York, hired Roderick P. Thaler as executive vice president. In this role, Thaler will serve as a member of Holborn’s Franchise Operating...
Ex-Dewey Executives Did Not Defraud Law Firm, Defense Says
Sep 9 2015 // The collapse of Dewey & LeBoeuf, once one of the biggest U.S. law firms, was due not to fraud by top executives but defections by its highest-earning partners, defense lawyers told jurors on Tuesday at the close of a...
Brit Hires Stepanishen to Lead U.S. Inland Marine Team in New York
Sep 8 2015 // Brit Ltd, a global specialty insurer and reinsurer based in London, hired Kent Stepanishen as senior vice president to launch a new Inland Marine team for Brit Global Specialty USA. Stepanishen will write Inland Marine...
ACE Reveals New Chubb Field Management Team, 8 Regional Executives
Sep 8 2015 // ACE Limited announced the leadership team it intends to appoint for the company’s North America field organization that will take over upon completion of the acquisition of Chubb, which ACE said is expected in the...
N.Y. Music Store Owners Charged With Burning Down Shop for Insurance Money
Sep 8 2015 // A married couple who owned a music store and pawn shop in New York’s capital region has been charged with burning it down for insurance money after an investigator examining the claim noticed signs of arson. Gary and...
Greene & Associates Announces Promotions in New York
Sep 8 2015 // Jennifer L. Greene Greene & Associates, an East Aurora, New York-based underwriting manager and wholesale broker for excess and surplus lines coverage, promoted Jennifer L. Greene to president. Jennifer Greene first...
People – East
Sep 7 2015 // Insurance broker Marsh said David Marino has joined the firm to lead its U.S. Construction Practice. Marino brings to Marsh 20 years of insurance and construction industry experience. He joins the firm from Aon, where he...
Preferred Mutual Hires Hill as Customer & Product Strategy VP in New York
Sep 4 2015 // Andre Hill Preferred Mutual Insurance Company in New Berlin, New York, hired Andre Hill as vice president, customer and product strategy. Hill joins Preferred Mutual from First Niagara Bank in Buffalo, New York, where he...
Former New York DFS General Counsel Alter Joins itBit for Compliance Role
Sep 3 2015 // Bitcoin exchange itBit has hired Daniel Alter as the company’s new general counsel and chief compliance officer, the firm announced on Wednesday. Alter, who spent three years as general counsel to the New York State...
Kingstone OK’d to Write P/C Insurance in Texas
Sep 2 2015 // Kingstone Companies Inc., a multi-line regional property/casualty insurance holding company based in New York, announced that its subsidiary, Kingstone Insurance Co., has received approval from the Texas Department of...
N.Y. Man Says He’s Proud of Arrest for Tampering With Red Light Cameras
Aug 28 2015 // A suburban New York man facing criminal charges for tampering with several red light cameras said that he knew he would be arrested after posting video of his actions online but that it was done in protest of government...
