Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
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...
N.Y. Approves NYCIRB’s Revised Workers’ Comp Loss Cost Filing
Jul 16 2013 // The New York Department of Financial Services on Monday approved a revised loss cost filing from the New York Compensation Insurance Rating Board (NYCIRB) with an effective date of Oct. 1, 2013. As a result, policyholders...
New York Judge to Rule If WTC Developer Can Seek Damages From Airlines
Jul 16 2013 // A federal judge is days away from deciding if New York developer Larry Silverstein can recover as much as $3.5 billion from airlines for damages to the World Trade Center on Sept. 11, 2001, on top of more than $4 billion...
Huge Post-Sandy Tax Increases Fail to Materialize
Jul 15 2013 // With all the fears that Superstorm Sandy created, here’s one that never materialized: huge tax increases to make up for property destroyed along the coastlines of New Jersey, New York and Connecticut. Waves of...
AIG Ex-Chief Greenberg Sues Spitzer for Defamation
Jul 14 2013 // Former American International Group Chief Executive Maurice “Hank” Greenberg sued Eliot Spitzer on Friday, alleging the former New York governor defamed him in several statements to the press, according to the...
New York Recovers $1.1B in Unclaimed Life Insurance Benefits
Jul 11 2013 // New York officials say they have helped recover more than $1.1 billion in unclaimed life insurance benefits nationwide. The state’s Department of Financial Services says Wednesday that many insurance companies were...
USI’s N.Y. Office Appoints Exec to Assist Clients’ Workplace Wellness Programs
Jul 10 2013 // USI Insurance Services’ metropolitan New York office recently appointed Karen Smith as director of its new clinical solutions department. In her role, Smith assists clients in creating workforce wellness programs...
Will Bernanke Testify in Greenberg’s Bailout Lawsuit?
Jul 10 2013 // U.S. Federal Reserve Chairman Ben Bernanke shouldn’t be compelled to testify in Maurice “Hank” Greenberg’s lawsuit over the government’s bailout of American International Group Inc., the...
Asiana Could Save Millions Under Provision Limiting Passenger Suits in U.S.
Jul 9 2013 // Asiana Airlines Inc. could avoid hundreds of millions of dollars in verdicts and settlements by employing a tactic under international law to bar Chinese and South Korean passengers from suing in victim-friendly U.S....
New Jersey Utility Sues 11 Insurers Over Sandy Storm Coverage
Jul 8 2013 // Public Service Enterprise Group Inc., the largest provider of gas and electric service in New Jersey, sued 11 insurers, including American International Group Inc., over losses from Hurricane Sandy. PSE&G, which...
2 New York Utilities Sued for 120 Sandy-Burned Homes
Jul 7 2013 // About 120 home owners from the tight-knit enclave of Breezy Point in Queens, New York, that was devastated by fires during Superstorm Sandy are suing two utility companies for negligence. A lawsuit filed on July 2 in state...
Insurers, State Regulators Try to Block Bank-Like Rules by Federal Reserve
Jul 3 2013 // MetLife Inc. and Prudential Financial Inc. have been joined by state regulators challenging the Federal Reserve on how to oversee the biggest insurers under the Dodd-Frank law. The insurers and watchdogs are pressuring the...
Zurich’s Broker Relationship Leader Moves to Berkshire Hathaway Specialty
Jul 3 2013 // Berkshire Hathaway Specialty Insurance — the new commercial P/C insurance unit of Berkshire Hathaway — appointed Lori Spoon Rafkin as senior vice president, customer and broker engagement. Spoon Rafkin was...
Gov. Cuomo Requests Disaster Declaration for NYS After Mohawk River Flooding
Jul 2 2013 // New York Governor Andrew Cuomo on Monday formally requested that President Obama issue a major disaster declaration for the State of New York as a result of severe storms and major flooding that occurred on June 27 and...
Swiss Re, Lloyd’s Among Insurers Probed by N.Y. on Iran Sanction
Jul 1 2013 // Swiss Reinsurance Co. and Lloyd’s of London, the world’s oldest insurance market, are among insurance companies being probed by New York’s insurance regulator about their compliance with an expanded Iran...
N.Y. Senator Gillibrand to FEMA: Review Flood Insurance Rules
Jul 1 2013 // U.S. Sen. Kirsten Gillibrand (D-N.Y.) has asked the Federal Emergency Management Agency to review rules that resulted in insurance coverage denials for some Superstorm Sandy victims. Gillibrand’s letter last week...
