Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Fireman’s Fund Names Senior Product Director for Healthcare Practice in N.Y.
Apr 17 2014 // Fireman’s Fund Insurance Company has appointed Mike Midgley to senior product director for healthcare professional liability. He is located in Fireman’s Fund’s New York office.Mike MidgleyMidgley most...
AssuredPartners Acquires CBS Coverage Group in N.Y.
Apr 17 2014 // AssuredPartners Inc., through its subsidiary Assured SKCG Inc., has recently acquired CBS Coverage Group Inc. in Plainview, N.Y. CBS Coverage Group specializes in commercial insurance, employee benefits and financial...
Updated: Federal Insurance Office Seeks Comments on Auto Insurance Affordability
Apr 17 2014 // The insurance office within the U.S. Treasury is looking into whether minorities and low and moderate income Americans have access to affordable auto insurance. On April 10, the Federal Insurance Office, citing its...
TIG Insurance Sues NHL to Limit Its Defense in Players’ Concussion Lawsuits
Apr 17 2014 // The National Hockey League was sued by an insurer seeking to limit its duty to defend the league in lawsuits alleging it concealed the long-term effects of concussions and failed to warn players of the risks. TIG Insurance...
GM Creates New Product Safety Team
Apr 17 2014 // General Motors Co. Chief Executive Officer Mary Barra, under fire for the company’s slow response to flawed ignition switches linked to 13 deaths, said she is creating a team that will make the company’s cars...
N.Y. Lawmakers Propose Speed Cameras in School Zones in NYC, Long Island
Apr 16 2014 // New York State lawmakers are taking aim at lead-footed drivers in New York City and Long Island with a proposal to authorize hundreds of speed cameras in school zones, a plan touted as a way to protect pedestrians and...
N.Y. Sen.: TRIA Renewal Vital for Economic Development in Cities Across Country
Apr 14 2014 // The U.S. Senate is close to extending an insurance program Sen. Charles Schumer said is vital to New York’s post-9/11 resurgence and economic development in cities across the country. Schumer, D-N.Y., introduced a...
N.Y. Lawmakers Examining Auto Insurance Costs, Rate Factors
Apr 14 2014 // Auto insurers use many factors, including a motorist’s education and occupation, to accurately gauge their risk, industry representatives told state lawmakers on April 10, a week after a consumer advocacy group...
N.Y. Regulators to Start Licensing Title Insurance Agents for First Time
Apr 14 2014 // New York’s new budget gives state financial regulators authority to issue licenses to title insurance agents for the first time. Sponsors say the measure is intended to protect consumers and lower costs for New York...
New York’s Health Commissioner to Step Down for California Job
Apr 11 2014 // New York Health Commissioner Dr. Nirav Shah will step down in June to take an executive position with Kaiser Foundation Health Plan in California, the health department said Wednesday. During Shah’s tenure as state...
N.Y. Aims to Improve Patient Handling, Protect Hospital Staffs From Injuries
Apr 11 2014 // New York is directing health officials and hospitals to identify best practices for safely handling patients in an effort to reduce rough lifting and better protect staff from back injuries. State legislation proposed by...
Aon Accused by N.Y.-N.J. Port Authority of Unauthorized Commissions
Apr 10 2014 // Aon Plc was sued by the Port Authority of New York and New Jersey which claims the insurance broker kept unauthorized commissions and failed to return premium overpayments, causing the agency to pay millions of dollars...
N.Y. Bill to Standardize Hurricane Deductible Triggers Advances in Assembly
Apr 10 2014 // A proposed New York State bill to establish standards for hurricane windstorm deductible triggers is advancing in the state Assembly. The bill, A.2729, was reported out of the Assembly’s insurance committee Tuesday....
N.Y. Metro-North Employee Paralyzed in Train Derailment Files $100M Suit
Apr 10 2014 // A Metro-North employee paralyzed in the deadly train derailment in the Bronx has filed a $100 million lawsuit against the railroad. Samuel Rivera’s lawyer told the Daily News that his client has extraordinary medical...
Allstate, Merrill Lynch End $167 Million Mortgage Suit
Apr 9 2014 // Allstate Corp. and Bank of America Corp.’s Merrill Lynch unit agreed to end a lawsuit by the insurer over $167 million in mortgage-backed securities as the second-largest U.S. lender continues to resolve litigation...
USI Insurance Taps Lockton Exec as Strategic Consultant in New York
Apr 9 2014 // USI Insurance Services has appointed Pauline Sobelman as strategic consultant for its New York metropolitan office. For the past five years, Sobelman served as vice president, senior consultant at Lockton Companies,...
New York Subpoenas 4 Insurers in Iran Sanctions Probe
Apr 8 2014 // New York state’s top insurance regulator has sent subpoenas to four U.S. insurance companies as part of a probe of potential sanctions violations involving Iran, a person familiar with the matter said on Tuesday. The...
AssuredPartners Acquires MHB Insurance in New York
Apr 7 2014 // Lake Mary, Fla.-based AssuredPartners Inc., through its subsidiary Assured SKCG, recently acquired MHB Insurance, located in Peekskill, N.Y. Terms of the transaction were not disclosed. Founded in 1919, MHB Insurance...
Group Urges New York DFS to Review Auto Insurers’ Rate-Setting Practices
Apr 7 2014 // A consumer advocacy group said its analysis shows some of New York State’s largest auto insurers are charging higher premiums to motorists who have less education and non-professional, non-managerial jobs. The New...
Washington LNG Blast Spotlights Natural Gas Safety
Apr 7 2014 // An unexplained blast this week at a liquefied natural gas (LNG) facility in rural Washington state, which injured workers, forced an evacuation and raised alarm about a potentially large second explosion, could focus...
