Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
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...
New York to Provide $4M Grant Funding to Fight Auto Theft, Insurance Fraud
Dec 19 2013 // New York Gov. Andrew Cuomo announced the state will provide nearly $4 million in grant funding to 29 local police departments, district attorneys’ offices and other agencies in the state to combat motor vehicle theft...
N.Y. Approves Esurance Program Aimed at Preventing Teen Texting and Driving
Dec 18 2013 // New York Gov. Andrew Cuomo’s administration announced it has approved Esurance’s new telematics program designed to help prevent teens from texting while driving. This new voluntary program, called...
Paint Manufacturers Held Liable for $1.1 Billion in California Lead Paint Case
Dec 18 2013 // Sherwin-Williams Co., NL Industries Inc. and ConAgra Grocery Products LLC were ordered by a judge to pay $1.1 billion to replace or contain lead paint in millions of homes after losing a public-nuisance lawsuit brought by...
NICB: Questionable Insurance Claims on the Rise in New York, New Jersey
Dec 18 2013 // New York State’s questionable claims rose 29 percent from 2010 to 2012, while New Jersey’s questionable claims were up 63 percent during the same period, according to the National Insurance Crime Bureau (NICB)....
Russell Bond Appoints Operations Manager in Buffalo, N.Y.
Dec 17 2013 // Russell Bond & Co. Inc., an insurance wholesaler headquartered in Buffalo, N.Y., announced Paul Saccomando has joined the firm as operations manager.Paul SaccomandoSaccomando has over 30 years of property/casualty...
