Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Ex-CFO of New York Charity Sentenced for Kickback Scheme
Jul 7 2014 // A former executive of a prominent New York City charity has been sentenced to pay $775,000 in restitution and serve four months in jail for conspiracy and grand larceny in what authorities call a scheme to steal $9 million...
Markel Now Underwriting Trade Credit Insurance in U.S.
Jul 2 2014 // Markel Corp. is now underwriting trade credit insurance in its New York office. Policies will be underwritten on an admitted basis, utilizing two Markel insurance companies, Markel American Insurance Co. and Markel...
USI Appoints Employee Benefits Advisor in New York Metro Office
Jul 2 2014 // Mary Jo JacobsUSI Insurance Services has hired Mary Jo Jacobs as vice president and employee benefits advisor. She is based in USI’s New York metropolitan office. With more than 25 years of experience in human...
Forecast Update: North Carolina on Watch for Hurricane Arthur
Jul 2 2014 // Tropical Storm Arthur is forecast to strengthen into a hurricane within two days and threaten North Carolina’s Outer Banks, where tourists are visiting for the Fourth of July holiday, while also adding to heavy rain...
AIG Ex-CEO Greenberg Loses Supreme Court Appeal in Suit Against Bailout
Jun 30 2014 // The U.S. Supreme Court on Monday rejected an appeal by former American International Group Inc. Chief Executive Maurice “Hank” Greenberg, who accused the Federal Reserve Bank of New York of unlawfully bailing...
New York’s Top Court Says Towns Can Ban Fracking
Jun 30 2014 // New York’s cities and towns can block hydraulic fracturing within their borders, the state’s highest court ruled, dealing a blow to an industry awaiting Governor Andrew Cuomo’s decision on whether to...
Facebook User Data Sought by New York D.A. in Disability-Fraud Probe
Jun 27 2014 // Facebook Inc. was ordered by a judge last year to turn over account information of 381 users who were investigated by the Manhattan District Attorney in New York for cheating to obtain disability benefits. Facebook, the...
New York Gov. Cuomo OKs More Speed Cameras in NYC, Long Island
Jun 26 2014 // More than 200 new speed cameras are authorized for school zones in New York City and Long Island under legislation signed into law Wednesday by Gov. Andrew Cuomo. The cameras will operate during and immediately before and...
New York AG Sues Barclays Over Alleged ‘Dark Pool’ Fraud
Jun 26 2014 // The New York State’s attorney general has filed a securities fraud lawsuit against Barclays, accusing the British bank of giving an unfair edge in the United States to high-frequency trading clients even as it...
Judge Allows Trial in Greenberg Defamation Claim Against Spitzer
Jun 26 2014 // A defamation lawsuit by former American International Group Inc. Chief Executive Officer Maurice Greenberg against Eliot Spitzer may move toward trial, a state judge ruled after throwing out many of the claims against the...
Report: NYRR Received $15M for Cancelled NYC Marathon in 2012
Jun 24 2014 // The New York Road Runners (NYRR), a nonprofit group that organizes the annual New York City Marathon, received $15 million in insurance proceeds from Lloyd’s of London for the cancelled New York City marathon in...
$4 Billion Basel Art Fair: Where Rich Go in Search of Investments
Jun 23 2014 // The main thing that’s driving the growth of the art market is the demand for a good investment for the very rich, art adviser Todd Levin said. Levin, standing outside the convention center in Basel, Switzerland, was...
Pennsylvania Sues Oil Companies for MTBE Pollution
Jun 19 2014 // Pennsylvania accused oil companies of polluting the state’s groundwater with a gasoline additive, joining states including New York, Vermont and New Hampshire that have brought similar lawsuits. Two complaints filed...
NYC Fire Department to Increase Response to Reports of Gas Leaks
Jun 19 2014 // The New York City Fire Department will now have a much greater role in responding to reports of possible gas leaks, according to an order made by Mayor Bill de Blasio in response to the March explosion that leveled two...
EEOC Sues N.Y. Health Firm for Religious Discrimination
Jun 18 2014 // A Syosset, N.Y.-based health network violated federal law when it forced employees to take part in religious activities in the workplace and fired employees who opposed such activities, the U.S. Equal Employment...
People – Southeast
Jun 16 2014 // Keystone Insurers Group has named Matthew Sinosky as its director of business development. He is based in Keystone’s Northumberland, Penn., headquarters. Sinosky comes to Keystone from Eastern Alliance Insurance Co.,...
N.Y. Encourages Auto Insurers to Adopt Telematics Programs
Jun 16 2014 // New York’s Department of Financial Services (DFS) issued a bulletin on May 27 to all New York auto insurers encouraging them to adopt “usage-based insurance” (UBI) programs. Under these voluntary...
People – East
Jun 16 2014 // Hartford Financial Services Group Inc. announced Liam E. McGee will step down from his roles as president and chief executive officer at the end of June. He will stay on as executive chairman of the board until the next...
Capacity Coverage Affiliate Acquires Assets of Mt. Pleasant Agency in New York
Jun 13 2014 // Capacity Coverage Company of New Jersey Inc. said its New York City-based affiliate, ARM-Capacity of New York LLC, has acquired assets of Thornwood, N.Y.-based Mt. Pleasant Agency Inc. This transaction was completed...
New York Gets $75M Federal Funds for Traffic Safety Projects
Jun 12 2014 // New York is receiving more than $75 million in federal transportation funds for road safety projects around the state. The money will pay for 33 projects. They include work to widen roads, install turn lanes, sidewalks,...
