Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New York Official Pushes ‘Kill Switch’ for Cellphones
Dec 12 2013 // New York State Attorney General Eric Schneiderman is pressing wireless carriers to put safety over profits in his effort to require anti-theft measures to be installed in smartphones. The Democrat is sending letters...
IICF Northeast Division Awards 16 New Grants Totaling $879,000
Dec 12 2013 // The Insurance Industry Charitable Foundation (IICF) Northeast division announced 16 charitable grants at its seventh annual benefit dinner on Wednesday. The total amount of the grants is $879,000. Lisa Tepper, chair of the...
NTSB: Technology Upgrade Likely Could Have Prevented N.Y. Train Derailment
Dec 12 2013 // Federal safety officials say a technology upgrade they’ve been recommending for years would probably have prevented the Dec. 1 train derailment that killed four people in New York.Metro-North derailment scene in...
Former Tower Group Exec Joins Capacity Coverage Co. of New Jersey
Dec 12 2013 // Capacity Holdings Group and Capacity Coverage Company of New Jersey Inc., a N.J.-based retail and wholesale insurance brokerage, hired Gary Maier as senior executive vice president. In his new role, Maier will concentrate...
Bond Managers Gain as Pension Funds Flock to Catastrophe Risk
Dec 12 2013 // Funds specializing in insurance-linked risks such as catastrophe bonds are benefiting as the $30 trillion pension industry increases bets in a market that hasn’t posted an annual loss. At Leadenhall Capital Partners...
Audit Targets Safety on New York State Railroad Bridges
Dec 11 2013 // The New York State’s Department of Transportation lacked records to show adequate and updated safety plans and inspections for many railroad bridges statewide, according to an audit being released by the state...
Q&A: Liability Insurance Implication for Admitting Wrongdoing in SEC Settlements
Dec 11 2013 // Earlier this year, the U.S. Securities and Exchange Commission reached a settlement with New York-based hedge fund adviser Philip A. Falcone and his advisory firm Harbinger Capital Partners. The agreement was the first to...
First Niagara Risk Management in New York Announces 2 Promotions
Dec 10 2013 // First Niagara Risk Management Inc., a Buffalo, N.Y.-based insurance brokerage, promoted Kim McGillicuddy to senior vice president. McGillicuddy has been serving as enterprise sales leader and is responsible for developing,...
Utica National in New York Announces 2 Executive Changes
Dec 9 2013 // New Hartford, N.Y.-based Utica National Insurance Group announced two changes in the executive leadership team. Brian Lytwynec was named to the newly created position of assistant to the chairman and chief strategy...
New York Train Wreck Could Be Case of Highway Hypnosis
Dec 9 2013 // It’s sometimes called highway hypnosis or white-line fever, and it’s familiar to anyone who has driven long distances along a monotonous route.Metro-North derailment scene in Bronx, N.Y. on Dec. 2. Photo:...
After Derailment, Feds Order Changes at New York Railway
Dec 9 2013 // U.S. transportation officials ordered the Metro-North Railroad last Friday to quickly overhaul its signal system and temporarily put an extra worker in the driver’s cab on some routes that have major speed changes,...
New York Insurers Predict Spike in Health Exchange Use
Dec 6 2013 // Two start-up insurers in the New York health exchange, one promising unlimited telemedicine, say customer queries have been rising rapidly and they expect enrollment spikes by the new Dec. 23 deadline for coverage next...
New York Train Wreck Engineer Suspended Without Pay
Dec 6 2013 // The engineer driving the speeding commuter train that derailed in New York City last weekend, killing four people, has been suspended without pay, a railroad spokesman said Thursday.Metro-North derailment scene in Bronx,...
New York Officials Settle With Markel for College Insurance Refunds
Dec 5 2013 // New York officials say they’ve reached a settlement with Markel Insurance Co. that will result in $2.75 million in restitution to college students who were overcharged for insurance. The New York Attorney...
Analysis: 2 Factors Key to Lawsuits Over New York Train Crash
Dec 5 2013 // For lawyers preparing to sue over Sunday’s deadly New York commuter rail accident, their success in court may depend largely on two factors: whether human error caused the derailment and if state or federal law...
Metro-North Crash Seen Thwarting Delay of Automatic Braking
Dec 4 2013 // The deadly train derailment in New York City may force railroads to install automatic brakes by 2015 and dash industry efforts to put off adding the technology by five years. The Metro-North Railroad wreck may persuade...
Portrait of New Wealth: $3 Billion Miami Art Basel Fair
Dec 4 2013 // Art Basel Miami Beach, the largest U.S. art fair, will offer more than $3 billion of mostly postwar and contemporary works when it opens to a select group of collectors today, a 20 percent increase from two years ago. Held...
Turi Elected Chair of New York Insurance Association
Dec 3 2013 // Bernard Turi, senior vice president, director of risk and reinsurance of Utica Mutual Insurance Company (a member company of the Utica National Insurance Group) was elected chair of the New York Insurance Association...
The Iroquois Group Names New York State Regional Manager
Dec 3 2013 // The Iroquois Group, a network of independent insurance agencies, appointed John Perry as a regional manager in New York State. Perry has an extensive insurance background in personal lines underwriting, personal lines...
New York Metro-North Becomes Inquiry Magnet After Held Up as Rail Model
Dec 3 2013 // Two years after being singled out for international honors, Metro-North Railroad finds itself facing a wave of retirements, under three federal safety investigations, and explaining to officials and riders why a locomotive...
