Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Insurers Prepare for Hurricane Sandy
Oct 28 2012 // Insurers say they are making the usual preparations for a hurricane – activating claims teams, staging adjusters near the locations most likely to be affected and generally getting ready to pay for a potentially huge...
Update: Hurricane Sandy Could Affect 50 Million People on East Coast
Oct 28 2012 // Authorities shut transit systems and ordered some evacuations as tens of millions of people on the East Coast braced on Sunday for Hurricane Sandy, a gigantic storm forecast to deliver battering winds, dangerous flooding...
Update: Hurricane Sandy Death Toll at 41; ‘Super Storm’ Eyes East Coast
Oct 26 2012 // Hurricane Sandy, a late-season Atlantic storm unlike anything seen in more than two decades, slogged slowly toward the U.S. East Coast on Friday after killing at least 41 people as it cut across the Caribbean. Forecasters...
New York City Settles Lawsuit in Hot Playground Case
Oct 26 2012 // New York City has agreed to pay $17,500 to a Brooklyn family of a toddler scorched by playground equipment. The family of Paula Spolar had charged that irresponsible design at the Brooklyn Bridge Park resulted in their...
Businesses Call for Controls on Litigation Funding Firms
Oct 26 2012 // A business lobby group has called on the U.S. Congress to regulate companies that provide financing for commercial lawsuits, describing the practice as “coercive enterprise.” The U.S. Chamber of Commerce...
N.Y. Auto Repair Shop’s Lawsuit Against Progressive Allowed to Proceed
Oct 24 2012 // A New York-based auto body shop has been allowed to move forward with its lawsuit that accuses Progressive Insurance Group Company and its affiliates of deceptive acts and practices. The ruling last week by the Appellate...
Allstate’s Usage-Based Auto Insurance Expands to New York, New Jersey
Oct 23 2012 // Allstate announced this month that it has expanded its usage-based auto insurance product, Drive Wise, to four additional states including New York and New Jersey. “Drive Wise rolled out in Colorado, Michigan, New...
N.Y. Group Calls on Workers’ Comp Board to Fully Implement Reforms
Oct 22 2012 // A local commerce association is calling on the New York State Workers’ Compensation Board to fully implement the workers’ comp reforms that were enacted in 2007. The group says the Board’s delay in fully...
WCRI: N.Y. Workers’ Comp Reforms Achieving Their Objectives
Oct 22 2012 // The workers’ compensation reforms enacted in New York in 2007 are beginning to achieve some of their objectives, according to a new study. The study from the Cambridge, Mass.-based Workers Compensation Research...
People – East
Oct 22 2012 // Zurich in North America (ZNA) appointed Dalynn Hoch as its new chief financial officer. She is based in Zurich’s North American headquarters in Schaumburg, Ill. Hoch succeeds Vibhu Sharma who has been appointed to...
Business Moves – East
Oct 22 2012 // Bollinger, The Morville Agency Short Hills, N.J.-based insurance brokerage Bollinger Inc. has acquired The Morville Agency of Newton, N.J. The Morville Agency specializes in insuring New Jersey public entities. The...
Alterra Appoints Chief Claims Officer in New York
Oct 19 2012 // Alterra Capital Holdings Limited recently appointed Nicholas Conca to the newly created position of chief claims officer, insurance. Conca, based in New York City, will start his new position in November. Conca has more...
N.Y. Brokerage Frank Crystal & Co. Rebranded as Crystal & Co.
Oct 18 2012 // New York-based brokerage Frank Crystal & Company is rebranding the firm as Crystal & Company. The family-owned and operated firm was established in New York’s Wall Street in 1933 and has since grown to more...
Ally Financial to Sell Mexican Insurance Business to ACE
Oct 18 2012 // Auto lender Ally Financial, which is 74 percent-owned by the U.S. government, will sell its Mexican insurance business to insurance and reinsurance company ACE Ltd for $865 million in cash as it looks to focus on its U.S....
Integro Names New York Office Leader
Oct 17 2012 // Insurance brokerage and risk management firm Integro has appointed Managing Principal Anne Anderson as head of the firm’s New York City office.Anne AndersonAnderson has more than 25 years experience in risk...
McKinsey’s Casserely to Succeed Plumeri as Willis Group CEO
Oct 17 2012 // Dominic Casserley will serve as the next chief executive officer of global insurance broker Willis Group Holdings, effective Jan. 7, 2013. Also, Steve Hearn, currently the chairman and CEO of Willis Global, will serve as...
Authorities Shut Down N.Y. Nightclub for Skimping on Workers’ Comp
Oct 16 2012 // A popular Brooklyn, N.Y., nightclub called “Amnesia” has been shut down because it apparently forgot to provide workers’ comp insurance for its staff, according to authorities. Brooklyn Daily, a local...
Consumers Learn High Cost of Being Poor in New Jersey
Oct 15 2012 // More than a decade ago, Joanne Jubert made six figures as an art director for a New York advertising agency. She pursued her passion of scuba diving. She joined film societies. She bought a modest home in upscale Little...
Banks Say Settlements Aren’t Slowing Financial Crisis Liability Suits
Oct 15 2012 // As U.S. authorities seek to make Wall Street pay for its role in triggering the financial crisis more than four years ago, banks are starting to fight back, frustrated that they are being asked to pay more than once for...
WCRI: N.Y. Workers’ Comp System Reforms Achieving Their Objectives
Oct 11 2012 // The workers’ compensation reforms enacted in New York in 2007 are beginning to achieve some of their objectives, according to a new study. The latest study from the Workers Compensation Research Institute (WCRI)...
