Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
NOAA: Spring Flooding Risk in Western N.Y., Eastern New England
Mar 19 2015 // According to National Oceanic and Atmospheric Administration’s (NOAA) Spring Outlook released today, rivers in western New York and eastern New England have the greatest risk of spring flooding in part because of...
MetLife Circles Back to Landmark NYC Tower It Mostly Left
Mar 19 2015 // It took almost a decade and a half for MetLife Inc. to determine that Manhattan’s MetLife Building was where it belonged. The biggest U.S. life insurer said Wednesday it will consolidate its New York operations into...
Workers’ Compensation History: The Great Tradeoff!
Mar 19 2015 // Eighteenth century pirates and a nineteenth century German “Iron” Chancellor preceded the United States in the creation of a social system for the protection of injured workers. The modern workers’...
Hedge Funds Find Gambling on Lawsuits Lucrative
Mar 18 2015 // For better or worse, the lawsuit-finance market continues to grow. Hedge funds and others speculating on litigation are making more and larger bets. Some corporate lobbyists warn that the new financial engineering...
Atlas Financial Closes Acquisition of Global Liberty in New York
Mar 16 2015 // Atlas Financial Holdings Inc. in Elk Grove Village, Illinois, announced last week it has closed the acquisition of Global Liberty Insurance Company of New York along with its affiliated underwriting and premium finance...
Viacom to Pay $7.2M to End Wage Lawsuit by Thousands of Interns
Mar 13 2015 // Viacom Inc agreed to pay $7.21 million to settle a class-action lawsuit by thousands of former interns who said the owner of Comedy Central, MTV and Nickelodeon did not pay them, despite their having done work similar to...
New England Goes From Big Snow to Big Melt With Milder Weather
Mar 11 2015 // New England is going from the Big Snow to the Big Melt. After winter storms dumped nearly 9 feet of snow over the course of a month, many parts of the region will see milder weather this week and some much-needed snow...
Integro Acquires Design Insurance Agency in New York
Mar 10 2015 // Insurance brokerage and risk management firm Integro announced its acquisition of Design Insurance Agency Inc., a specialist brokerage providing professional liability coverage and risk management services to architects,...
FEMA to Impose More Oversight on Flood Insurers, Engineering Firms
Mar 10 2015 // Federal disaster relief officials are keeping a closer eye on companies that help it provide flood insurance, following allegations by Hurricane Sandy victims that claims were denied or underpaid based on manipulated...
Consumer Credit Agencies Agree to Address Errors, Medical Debt
Mar 10 2015 // Buying homes, getting jobs and borrowing money will be easier after an agreement by the three biggest U.S. consumer credit reporting services with New York. “This is huge,” Chi Chi Wu, an attorney at...
Declarations
Mar 9 2015 // Bad Geometry “Our current station geometry does not serve eastern Washington well.” —John Vidale, director of the Pacific Northwest Seismic Network at the University of Washington, said following a...
N.Y. Assemblyman Proposes State-Run Flood Insurance
Mar 5 2015 // A New York State assemblyman says he will introduce a bill to create a state-run flood insurance program designed to serve New York homeowners in flood-prone communities. Assemblyman Phillip Goldfeder (D-Queens) announced...
Chicago’s 110-Story Willis Tower Up for Sale
Mar 4 2015 // Chicago’s Willis Tower, once the world’s tallest building and one of the city’s top tourist attractions, is up for sale. The owners, which include New York-based investors Joseph Chetrit and Joseph...
ING Plans $2 Billion Sale of Voya Stock to End Investment in U.S. Insurer
Mar 4 2015 // ING Groep NV, the biggest Dutch bank, said it will sell its remaining 19 percent stake in Voya Financial Inc., completing its slow-motion exit from its former U.S. insurance unit. Voya will repurchase $600 million of its...
N.J. Congressman Calls for FEMA Chief’s Resignation
Mar 3 2015 // A New Jersey congressman is asking for the resignation of Federal Emergency Management Agency (FEMA) Administrator W. Craig Fugate and an immediate investigation into FEMA after reports that FEMA was aware of allegedly...
Former AIG, MetLife Leader Benmosche Dies at 70
Feb 27 2015 // Robert Benmosche, the combative former chief executive officer of American International Group Inc. who led the insurer, once the world’s largest, to repay a $182.3 billion taxpayer bailout, has died. He was 70. He...
Insurers Targeted in Proposed N.Y. Corporate Whistleblower Protection Law
Feb 26 2015 // Employees who report illegal activity in insurance, banking and financial services would be protected and compensated for their trouble under new legislation proposed by New York State Attorney General Eric...
N.Y.’s Lawsky: Cybersecurity Likely Most Important Issue DFS Will Face in 2015
Feb 26 2015 // Cybersecurity is likely the most important issue that the New York Department of Financial Services (DFS) will face in 2015, and perhaps for many years to come after that, New York Financial Services Superintendent...
New York to Be Reimbursed $32M for Ebola Readiness, Treatment
Feb 26 2015 // U.S. Senator Charles Schumer (D-N.Y.) says the federal government is allocating $32 million to the state of New York to cover all expenses related to Ebola readiness and treatment. Schumer says that money from the federal...
Replacing Unsafe Train Crossings Deemed Too Expensive
Feb 26 2015 // The bullet train that will whisk passengers between San Francisco and Los Angeles at 200 miles per hour won’t pass through the kinds of intersections that have led to two major commuter-rail accidents this...
