Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
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)...
New York’s Holborn Corp. Names Pierson Senior Production Officer
Oct 9 2012 // Holborn Corporation, a reinsurance intermediary based in New York, announced that Executive Vice President Frank D. Pierson has assumed the additional title of chief production officer.Frank D. PiersonIn his expanded role,...
Willis North America Appoints 2 Executives in New York
Oct 9 2012 // Willis North America, a unit of global insurance brokerage Willis Group Holdings, announced two executive appointments in the New York region. Willis is a leading insurance broker that provides risk management and employee...
N.Y. Court: WC Insurer Can Get Credit Against Rape Victim’s Settlement
Oct 8 2012 // A New York court recently ruled that a workers’ comp insurer can take a credit against its claimant’s third-party civil settlement money. The case involves Beth V., who was employed at a juvenile detention...
Wine Investor Koch Loses Claim Against New York Auction House
Oct 8 2012 // A billionaire wine investor waited too long to file a lawsuit that claimed a New York auction house misrepresented a Bordeaux as belonging to Thomas Jefferson. A three-judge federal panel issued the ruling last Thursday....
Court Rules New York Shooting Victim Can Sue Gun Maker
Oct 8 2012 // A Buffalo man who was shot nearly a decade ago can sue the manufacturer, the distributor and the dealer of the semi-automatic pistol used to shoot him, a New York state appeals court ruled on Friday. Attorneys for Daniel...
Court Grants Injunction in Aon, Alliant Employee Poaching Case
Oct 8 2012 // A New York court on Sept. 20 granted a new injunction in the ongoing legal fight between Aon and Alliant Insurance Services over alleged poaching of senior executives. The Supreme Court of the State of New York enjoined...
Fracking in N.Y.? Fugetaboutit!
Oct 8 2012 // Hydrofracking has become a hot-button issue in New York State. Government agencies have been researching for the past four years the potential environmental impact of permitting hydrofracking in Marcellus Shale, which is...
People – East
Oct 8 2012 // Marsh & McLennan Cos. announced Brian Duperreault will retire as the company’s president and chief executive officer at the year’s end. Daniel S. Glaser, currently the company’s group president and...
Facebook IPO Lawsuits to Be Heard in Court in New York
Oct 5 2012 // Dozens of lawsuits against Facebook Inc., the NASDAQ exchange and various underwriters will be centralized before a federal judge in New York, who must sort through the legal aftermath of Facebook’s botched initial...
Marsh Executive Stein Moves to Aon Risk Solutions in New York
Oct 3 2012 // Aon Risk Solutions, the global risk management business of Aon plc, appointed Robert Stein as U.S. middle market chief broking officer. He is based in New York City. In this new position, Stein will oversee implementation...
New York’s Fraud Suit Against JPMorgan May Aid Private Lawsuits
Oct 3 2012 // New York state’s lawsuit against JPMorgan Chase & Co. alleging fraud in mortgage-backed securities sold by Bear Stearns may be one of the broadest cases to come out of the financial crisis, but its impact is...
Ryan Specialty Group Acquires Atlantic Star Intermediaries in New York
Oct 2 2012 // Chicago-based Ryan Specialty Group L.L.C. announced Monday that its wholesale arm R-T Specialty L.L.C. has acquired assets and operations of Atlantic Star Intermediaries L.L.C. Terms of the transaction were not...
