Latest New York Headlines

All the headlines from our New York Topic Page, ordered by recency.

New York State Insurance Fund Names New Executive Director

Jan 8 2014 // The New York State Insurance Fund announced Eric Madoff joined NYSIF as executive director on Monday, Jan. 6. Madoff was elected to the executive director role by NYSIF’s Board of Commissioners at its regular monthly...

NYPD, FDNY Retirees Among Dozens Charged With Disability Fraud

Jan 8 2014 // More than 100 retirees, most of whom worked for the New York City police and fire departments, were charged with stealing benefits from a federal disability program by lying about psychiatric conditions. Manhattan District...

U.S. Crops Escaping Cold Snap with Little Damage

Jan 8 2014 // U.S. crops are escaping record- setting cold weather with little damage, while the arctic blast drove cattle prices to a record as animals struggle to gain weight. The coldest spots in Florida citrus groves were near...

U.S. Sen. Schumer Seeks to Turn Up Heat on Railcar Safety

Jan 7 2014 // U.S. Senator Charles Schumer on Monday called for an overhaul of old rail tank cars used to carry crude oil after a spate of explosive derailments over the past year. The New York Democrat joined a growing number of...

Florida Oranges Dodge Bullet, Escape Damage From Freezing Temperatures

Jan 7 2014 // Orange groves in Florida, the world’s biggest grower after Brazil, escaped cold weather damage overnight as frigid air set records across the Midwest. The coldest spots in Florida citrus groves were near freezing,...

Northeast Digs Out From Major Winter Storm

Jan 3 2014 // The massive winter storm that impacted the Midwest and Northeast over the past couple of days is moving into the Atlantic on Friday, while very cold temperatures and dangerous wind chills are moving in behind the system,...

U.S. Opens Skies to Test Use of Aerial Drones

Dec 31 2013 // The U.S. government took a step on Monday toward opening the skies to aerial drones, authorizing six sites where unmanned aircraft can be tested for a variety of uses. The Federal Aviation Administration already had...

2013 in Review: Most Popular Insurance Stories From East

Dec 30 2013 // As 2013 winds down, Insurance Journal takes a look back at the most popular news headlines of the year. In the East region, Superstorm Sandy’s aftermath and the challenges of recovering and rebuilding were a major...

Insurer Sued in New York for Canceling, Reissuing Flood Policies After Claim

Dec 27 2013 // Fidelity National Property & Casualty Insurance Co. was recently sued in a New York court over flood insurance policies. The suit alleges the insurer retroactively canceled flood policies for Dayton Towers...

N.Y. Workers’ Comp Board to Transition Established UEF Claims Management to Triad Group

Dec 27 2013 // The New York State Workers’ Compensation Board recently announced it will transition the management of established Uninsured Employers’ Fund (UEF) claims to the Triad Group, LLC effective Jan. 13, 2014. Triad...

In N.Y., N.J., Disparities Emerge in How Quickly Sandy Victims Get Federal Aid

Dec 27 2013 // As a second New Year since Superstorm Sandy approaches, many coastal residents are still waiting for New York, New Jersey and New York City to distribute billions of federal dollars that were intended to go directly to...

Allstate Settles Lawsuit Against Deutsche Bank Over Mortgage Securities

Dec 27 2013 // Deutsche Bank AG and Allstate Corp. settled a suit the insurer brought that accused the bank of misrepresentations and omissions in connection with loans backing $185 million in mortgage securities. Allstate sued the...

N.Y. Gov. Cuomo Vetoes Volunteer Firefighter Benefits Bills

Dec 24 2013 // New York Gov. Andrew Cuomo vetoed legislation that would have guaranteed job leaves for volunteer firefighters and ambulance workers during emergencies and another bill that would have extended coverage for their injuries...

Ex-AIG Executives Greenberg, Smith Press Ethics Complaint Against New York Prosecutors

Dec 23 2013 // Former American International Group executives are pursuing an ethics complaint against the New York prosecutors still bringing the charges that cost them their jobs at the insurance giant in 2005. The complaint at the...

New York Issues $370M in Bonds to Resolve Workers’ Compensation Claims

Dec 23 2013 // New York Gov. Andrew Cuomo announced last Friday the state issued $370 million in bonds to assist businesses in failed group self-insured trusts fulfill their obligations to their injured workers. The bonding is made...

Judge Rejects Catholic Church Challenge to Obamacare Birth Control Coverage

Dec 23 2013 // The Catholic Church isn’t harmed by the U.S. Affordable Care Act’s requirement for providing employees with insurance coverage for contraceptives, a judge ruled, throwing out most of a lawsuit challenging the...

Insurance Questions, Lawsuits Arise in Wake of Target’s Data Breach

Dec 22 2013 // U.S. retail giant Target Corp. is busy dealing with the aftermath of the massive data breach that exposed account details of some 40 million credit and debit cards. Already, at least two lawsuits seeking class-action...

SterlingRisk Appoints Northeast Private Client Practice Leader in New York

Dec 20 2013 // SterlingRisk, a national insurance brokerage based in Woodbury, N.Y., announced that Ben Phillips has joined the firm as the Northeast private client practice leader. Phillips joins SterlingRisk with over nine years of...

Target Credit Card Breach a Reminder U.S. Lags in Personal Data Security

Dec 20 2013 // The security breach of credit and debit card data at Target Corp. is evidence of the increasing threats retailers face and a reminder that the U.S. lags behind much of the world in securing personal financial...

St. John’s University to Relocate Manhattan Campus

Dec 19 2013 // St. John’s University has leased 71,000 square feet of space for its Manhattan campus at 51 Astor Place, between Third and Fourth Avenues in the East Village, Manhattan. The new location will house St. John’s...