Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
N.Y. Plastic Surgeon’s Insurer to Pay for $2.3M Settlement in Death Case
May 15 2014 // A plastic surgeon who has appeared on television to talk about the procedures she offers has settled with the family of a New York woman who died following a liposuction procedure. Legal documents filed last week say Dr....
Insurers Pull Back on Trade Credit Coverage for Sears Suppliers
May 15 2014 // Insurance companies that provide protection to Sears Holdings Corp. suppliers have scaled back policies in recent months, people with knowledge of the matter said, following seven years of declining sales at the...
AIG Completes $7.6 Billion ILFC Sale to AerCap
May 15 2014 // AerCap Holdings NV completed its $7.6 billion purchase of International Lease Finance Corp., creating the largest independent jet-leasing firm and a windfall for seller American International Group Inc. ILFC, which...
Judge Strikes Down N.Y. Attorney General’s Subpoena for Airbnb User Data
May 14 2014 // New York’s investigation into whether Airbnb Inc. allows users to run illegal hotels hit a setback when a judge ruled that a request for information about the service’s rental home providers was too...
AIG Could Gain Extra $2 Billion in Sale of Plane Leasing Unit
May 14 2014 // American International Group Inc. stands to get an extra $2 billion from the cash-and-stock sale of its plane-leasing unit after acquirer AerCap Holdings NV almost doubled in New York trading. AerCap has jumped since...
Ex-Executive’s Lawsuit Alleges AIG Defrauded U.S. in Bailout
May 14 2014 // American International Group Inc. defrauded the U.S. by failing to disclose it was selling insurance without a license during negotiations with the government over a bailout in the financial crisis, a former executive...
New York Gov. Cuomo: MTA Needs Plan to Reinvent Transit System
May 9 2014 // The Metropolitan Transportation Authority should come up with a plan to get the system ready “for the challenges of the next century,” New York Gov. Andrew Cuomo said Wednesday in a letter to the head of the...
New York’s Assurant Says CEO Pollock Plans to Retire at End of 2014
May 8 2014 // Assurant Inc., a New York-based provider of specialty insurance and insurance-related products and services, announced its president and chief executive officer Robert B. Pollock, 59, plans to retire as an officer and...
N.Y. Senate OKs Bill Mandating Alcohol Tests After Bad Car Crashes
May 7 2014 // New York State senators have voted to require blood-alcohol tests of all drivers following serious accidents. The Senate passed the legislation on Monday. It would mandate that police test the alcohol levels of all drivers...
Court Exempts Airlines from Developer’s Sept. 11 Environmental Claim
May 7 2014 // American Airlines, United Airlines and the World Trade Center leaseholder do not have to pay a property developer environmental cleanup costs from the Sept. 11, 2001 hijacked plane attacks, a U.S. appeals court ruled on...
Conner Strong & Buckelew Names Motherway President of N.Y. Operations
May 5 2014 // Conner Strong & Buckelew, an insurance, risk management and employee benefits brokerage and consulting firm, recently hired Bill Motherway as president of the firm’s New York operations. A 30-year veteran of the...
Ex-CEO Admits Stealing From Charity With Insurance Scam
May 5 2014 // The politically connected former CEO of a prominent New York City charity admitted on April 23 he helped steal more than $9 million from the organization in an insurance scheme that authorities linked to campaign...
Report: Small Businesses Still Feel Effects of Superstorm Sandy
May 5 2014 // When suburban New York delicatessen owner P.J. Whelan heard the findings of a Federal Reserve Bank of New York poll released on April 21 regarding Superstorm Sandy’s effect on small businesses, he began nodding in...
People – East
May 5 2014 // Marsh & McLennan Companies Inc. has appointed Eddie Dunn as director, Military and Veteran Affairs. In this role, Dunn will support the U.S. Veterans Talent Initiative that Marsh & McLennan announced last...
CSX Oil Tank Cars Derail, Catch Fire in Lynchburg, Virginia
May 1 2014 // A CSX Corp. crude train derailed in Lynchburg, Virginia, Wednesday, sparking a fire in at least three tank cars, spilling oil into a river and forcing a partial evacuation of the city’s downtown. No injuries were...
More Than 200 New Speed Cameras Coming to NYC, Long Island School Zones
May 1 2014 // New York City can add 120 speed cameras in school zones under a bill approved by state lawmakers, a boost to Mayor Bill de Blasio’s plan to eliminate pedestrian deaths in the most populous U.S. metropolis. New York...
N.Y. Rep. Grimm Calls 20-Count Indictment Against Him ‘A Political Witch Hunt’
Apr 30 2014 // U.S. Rep. Michael Grimm (R-N.Y., 11th District), who as a House Financial Services Committee member was instrumental in adopting the flood insurance relief bill and in advocating for renewal of Terrorism Risk Insurance...
Irish Developer Still Pursuing Tallest U.S. Tower in Chicago
Apr 30 2014 // Garrett Kelleher, the Irish developer trying to restore Chicago’s status as home to the tallest building in the U.S., has one last chance to keep his dream alive. The planned lakefront skyscraper is nothing more than...
N.Y. Assembly OKs Traffic Speed Cameras in NYC, Long Island School Zones
Apr 30 2014 // Hundreds of new traffic speed cameras would be authorized for school zones in New York City and Long Island, N.Y., under legislation passed by the state Assembly on Monday. Speeding drivers caught by the cameras would be...
Former Chubb COO Degnan Nominated as Chairman of Port Authority of N.Y.-N.J.
Apr 30 2014 // John Degnan, a former chief operating officer of Chubb Corp., was nominated for chairman of the Port Authority of New York and New Jersey by New Jersey Governor Chris Christie, filling a vacancy brought on by the scandal...
