Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
ThinkRisk Appoints Product Development Director in New York
Aug 6 2013 // Ryan Specialty Group’s ThinkRisk Underwriting Agency recently appointed Paul Novick as director of product development and marketing. Based in New York, he will lead the marketing and distribution strategy for an...
N.J. Sheriff to Target Commuter Buses, Ensure Proper Insurance for Operators
Aug 5 2013 // A northern New Jersey sheriff plans to crack down on commuter buses, he said on Aug. 1, days after a driver hit a light pole that toppled onto a stroller, killing an 8-month-old. Hudson County Sheriff Frank X. Schillari...
Zurich Among Insurers Said to Be Probed in Expanded N.Y. Inquiry
Aug 5 2013 // Zurich Insurance Group AG is among companies being questioned by New York’s insurance regulator in a widening probe into compliance with an Iran sanctions law, according to a person familiar with the matter. The New...
New York Aims to Spur $3B in Private Loans for Sandy Aid
Aug 2 2013 // The state is taking actions aimed at generating more than $3 billion in private sector loans for Superstorm Sandy rebuilding, Gov. Andrew Cuomo says. The Department of Financial Services will offer incentives to private...
New York’s MTA Obtains $200M of Protection With Catastrophe Bonds
Aug 1 2013 // The Metropolitan Transportation Authority, which suffered $4.8 billion in damage from Superstorm Sandy last year, obtained $200 million of protection with bonds designed to guard against wreckage linked to storm surges.A...
FEMA: $3.7B in NFIP Payments Made to N.Y. Claimants Post-Sandy
Jul 31 2013 // The Federal Emergency Management Agency announced this week that so far, nearly $3.7 billion in National Flood Insurance Program payments have been made to New York State policyholders following Superstorm Sandy. That is...
USI Appoints Senior Benefits Consultant in New York Office
Jul 31 2013 // USI Insurance Services appointed Deborah Watters as senior benefits consultant. She is based in USI’s New York metropolitan office.Deborah WattersWatters brings over 20 years of experience in the employee benefit...
Cops Beef Up Patrols for Boaters’ Party on N.Y. Lake
Jul 30 2013 // Authorities held vehicle checkpoints on land and marine patrols checking for inebriated boaters at an annual party held in a bay on a popular Adirondack lake. The party known as Log Bay Day has been held for years on the...
New York Increases Fines for Distracted Driving Violations
Jul 29 2013 // New York Governor Andrew Cuomo announced on July 26 that new and increased fines for distracted driving violations, which includes texting-while-driving or using an electronic handheld device while driving, are now in...
Probe: Port Authority of N.Y.-N.J. Paid Too Much for Insurance
Jul 29 2013 // An internal investigation has found the Port Authority of New York and New Jersey paid millions of dollars in excessive insurance premiums for construction projects. Chief investigator Michael Nestor tells The Star-Ledger...
New York Company Pays $50,000 for Post-Sandy Gasoline Gouging
Jul 26 2013 // New York state Attorney General Eric Schneiderman says a Hudson Valley-based gasoline wholesaler has agreed to pay $50,000 in penalties for price gouging in the aftermath of Superstorm Sandy last fall. Schneiderman...
New York Regulators Query 20 Reinsurers About Iran Ties
Jul 26 2013 // New York’s financial regulators asked 20 more reinsurance companies Wednesday for information about business with Iran in violation of U.S. sanctions, including measures they’ve taken to ensure they don’t...
Senate Bill Gives Federal Reserve Flexibility on Systemically Important Insurers
Jul 26 2013 // A bipartisan group of U.S. senators is introducing legislation that would give the Federal Reserve more flexibility in regulating systemically important insurance companies such as American International Group Inc. The...
Zurich Among Insurers Said to Be Probed in Expanded N.Y. Inquiry
Jul 24 2013 // Zurich Insurance Group AG is among companies being questioned by New York’s insurance regulator in a widening probe into compliance with an Iran sanctions law, according to a person familiar with the matter. The...
Southwest Crash at New York’s LaGuardia Airport Triggers Probe by NTSB
Jul 24 2013 // The U.S. National Transportation Safety Board began a formal investigation into the Southwest Airlines Co. accident Monday at New York’s LaGuardia airport that injured eight and disrupted traffic. The Boeing Co....
Claim Against Coca-Cola Over Vitaminwater to Proceed; No Damages Allowed
Jul 22 2013 // A judge last Thursday recommended that a case challenging the claims on popular Vitaminwater drinks as misleading move forward as a class-action lawsuit. Attorneys representing the health-advocacy group Center for Science...
New York Provides $16M to Some Flooded Upstate Counties
Jul 18 2013 // The state will provide $16 million to homeowners, business operators and farmers in five of the 12 upstate counties that were declared disaster areas after recent severe flooding but denied federal aid, Gov. Andrew Cuomo...
New York Announces Summer Texting-While-Driving Crackdown on Long Island
Jul 18 2013 // New York Gov. Andrew Cuomo this week detailed a summer crackdown by the New York State Police on distracted driving on Long Island. Authorities said that in New York State, one in five crashes is a result of distracted...
New York Health Exchange Lowering Some Consumer Premiums 50%
Jul 17 2013 // Health insurance premiums will drop by about 50 percent on average for consumers in New York who buy new plans through a state-run marketplace created by the U.S. Affordable Care Act. The state approved plans to be sold by...
Greenberg Lawyers Say Bernanke Testimony Key to Suit Over AIG Bailout
Jul 17 2013 // U.S. Federal Reserve Chairman Ben Bernanke should be required to testify in Maurice “Hank” Greenberg’s lawsuit over the bailout of American International Group Inc., Greenberg’s lawyers...
