Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
N.Y.-Based Cook, Hall & Hyde to Merge With Maran Corporate Risk Assoc.
Sep 13 2012 // Two brokerages in the Metro New York region — Cook, Hall & Hyde and Maran Corporate Risk Associates — announced their intention to enter into a merger agreement. The new firm will be called Cook Maran...
Marsh Promotes Flynn to Lead Insurance Services Businesses in New York
Sep 11 2012 // Marsh, the insurance broking and risk management division of Marsh & McLennan Cos., has promoted Liz Flynn to the newly created position of president of its Insurance Services Businesses unit.Liz FlynnThe Insurance...
Government to Cover Cancer Treatment for 9/11 Responders
Sep 10 2012 // The 70,000 surviving firefighters, police officers and other first responders who raced to the World Trade Center after the attacks of Sept. 11, 2001 will be entitled to free monitoring and treatment for some 50 forms of...
New York Has More Than 400 FEMA Home Buyout Applications
Sep 10 2012 // Gertrude Baker and her husband bought their cozy home in Owego in 1956. They raised three kids, befriended neighbors and weathered the occasional flood. But after Tropical Storm Lee bought five feet of water to her first...
New York City Cleans Up From 2 Twisters After Eastern Storms
Sep 10 2012 // Two tornadoes struck the outer edges of New York City this past Saturday, hurling debris into the air and knocking out power in an area unaccustomed to the phenomenon. No serious injuries were reported when a twister hit a...
GEICO to Sell Commercial Auto Coverage Direct to Customers in N.Y.
Sep 10 2012 // Business owners in New York can now purchase commercial auto coverage directly from GEICO, which could lead to lower premium rates for many risks. Commercial insurance packages cover the cars, trucks and vans used by small...
N.Y. Gov. Nixes State Agency Mailing Bill
Sep 10 2012 // New York Gov. Andrew Cuomo vetoed a bill (S.6285-A/A.9034B) on Aug. 17 that would have banned state agencies from disseminating ads to the public for products that relate to the subject matter of the agency — such as...
People – East
Sep 10 2012 // Holborn Corp., a reinsurance intermediary based in New York, said John Gilbert has stepped down as chairman of the board of directors, a position he has held since 2005. Gilbert — who joined the firm 50 years ago —...
Former N.Y. Insurance Agent Arrested for Allegedly Stealing $648K
Sep 5 2012 // New York authorities announced last week that a Long Island, N.Y., man has been arrested and charged with multiple felonies after allegedly stealing more than $648,000 in premiums from a client and spending the money on...
Schmelz Joins Edwards Wildman as a Partner in Insurance and Reinsurance
Sep 4 2012 // The law firm of Edwards Wildman Palmer LLP named Ronie M. Schmelz a partner in the firm’s insurance and reinsurance department. She will divide her practice between the firm’s offices in Los Angeles and New...
N.Y. Gov.: Up to $640K for Irene-Wrecked Firehouse
Sep 4 2012 // Gov. Andrew Cuomo says the state will provide up to $640,000 for the construction of a new firehouse in the Adirondack Mountain town of Keene, where Tropical Storm Irene demolished the old firehouse a year ago. Town...
New York’s MTA Files Claims to Recover $65M From 2011 Storm Losses
Aug 31 2012 // New York’s Metropolitan Transportation Authority is submitting claims to insurers and the federal government to recover $65 million in losses it suffered during Hurricane Irene last year. The MTA says winds and...
Janssen Pharmaceuticals Settles Deceptive Advertising Practices Suit for $181M
Aug 30 2012 // Janssen Pharmaceuticals Inc. and its parent company Johnson & Johnson have agreed to resolve charges of improper marketing and advertising of the powerful anti-psychotic drugs Risperdal and Invega in the largest...
Irwin Siegel Agency Appoints Assistant VP in New York
Aug 30 2012 // Irwin Siegel Agency recently appointed Ken Chappell as assistant vice president of business development. He is based in the firm’s corporate office in Rock Hill, N.Y. Chappell first joined Irwin Siegel Agency in 1999...
Citigroup Settles Securities Lawsuit for $590M
Aug 30 2012 // Citigroup Inc. agreed to pay $590 million to settle a shareholder lawsuit accusing it of hiding tens of billions of dollars of toxic mortgage assets, one of the largest settlements stemming from the global financial...
Ohio’s Norman-Spencer Agency Acquires N.Y.-Based Keenan Marine Agency
Aug 29 2012 // Dayton, Ohio-based Norman-Spencer Agency Inc. has acquired New York-based Keenan Marine Insurance Agency LLC. Keenan Marine is a national specialty yacht insurance agency and has provided comprehensive solutions to yacht...
Ex-NFL Player John Mott Sues in N.Y. for Head Injury
Aug 29 2012 // Former NFL player John Mott has sued the league in federal court in New York, saying it failed to warn players about the dangers of head injuries. Mott joined several thousand other retired NFL players and some of their...
After the Rain: Irene’s Lessons to the East Coast
Aug 28 2012 // Antonia Schreiber is taking no chances on the next big storm. The remnants of Hurricane Irene turned the 200-year-old building that housed her Catskill Mountains spa boutique into a muddy mess a year ago in Windham, N.Y....
New York Teen With Cerebral Palsy Wins Multi-Million Dollar Lawsuit
Aug 27 2012 // The family of a Staten Island teen suffering from cerebral palsy won a multi-million dollar lawsuit filed against the hospital where the girl was born. The New York Post reports the family of Stephanie Debes won the suit...
Markel Executive Joins Aspen US Insurance in New York
Aug 24 2012 // Aspen US Insurance has appointed Richard Aldorisio as executive vice president of casualty insurance. He will be based in New York City. In his new role, Aldorisio will head the casualty insurance unit, which now includes...
