Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New York’s AG Forms New Bureau to Fight Complex Financial Crimes
Jan 21 2014 // New York Attorney General Eric Schneiderman expanded an existing criminal bureau to include a focus on financial wrongdoing two years after Governor Andrew Cuomo created a regulator with a similar mandate. Gary Fishman,...
AIG’s Benmosche Receives Leadership Award From St. John’s University in N.Y.
Jan 17 2014 // St. John’s University’s School of Risk Management (SRM) held its 19th annual “Insurance Leader of the Year” awards dinner Wednesday before a crowd of more than 1,400 in New York City.(Left to right)...
Councilor Urges New York City Require Public Address Systems in High-Rises
Jan 14 2014 // A New York City lawmaker is proposing a new fire-safety requirement for high-rise apartment houses after a playwright died trying to flee a blaze in his building. City Councilman Corey Johnson told The Wall Street Journal...
People – West
Jan 13 2014 // Equity Risk Partners named four insurance industry executives to its team in California, while also establishing the firm’s physical presence in Southern California. Equity’s new executive hires are Doug...
N.Y. Enacts Referral Disclosure Requirement Law for Public Adjusters
Jan 10 2014 // New York State’s Act 5775, which took effect Jan. 1, restricts public adjusters from receiving a referral fee or having an ownership interest in a restoration or repair company working on the claim unless such...
CGI Loses Obamacare Contract to Accenture: Report
Jan 10 2014 // CGI Group Inc., the company that built the federal Obamacare website, will be replaced next month when its contract with the U.S. government expires, a person familiar with the decision said. The Obama administration...
China’s Fosun Buys 80% of Portugal’s Caixa Insurer for $1.36 Billion
Jan 10 2014 // China’s Fosun International Ltd. bought 80 percent of Portugal’s Caixa Geral de Depositos SA’s insurance unit for €1 billion ($1.36 billion), beating out U.S. buyout firm Apollo Management International...
Biden, Cuomo Team Up to Promote Smarter Rebuilding
Jan 8 2014 // Vice President Joe Biden and New York Gov. Andrew Cuomo said Tuesday that New York and the nation’s other coastal states have to rebuild against severe storms and flooding that are likely in the...
NYC’s New Corporation Counsel Carter to Leave MMC Board Director Seat
Jan 8 2014 // Zachary W. Carter, who was tapped by New York City Mayor Bill de Blasio to become the city’s corporation counsel, will leave his board director seat at Marsh & McLennan Cos. Carter, a partner at law firm of...
John Buttine Appoints VP of Association and Event Sales in New York
Jan 8 2014 // New York-based brokerage John Buttine Inc. announced Paulette Norman has joined the firm in the newly created position of vice president of association and event sales. In her new role, Norman will provide leadership in...
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...
