Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Boat Crash in N.Y. Highlights Dangers of Boating Under the Influence
Jun 27 2012 // A fatal boat crash off Long Island, New York, is prompting a safety initiative. The Coast Guard and local law enforcers are part of the renewed effort to target unsafe conditions for boaters and residents off the coast of...
XL Expands Technology Underwriting Staff in New York, Atlanta, Chicago
Jun 26 2012 // XL Group plc has expanded its technology underwriting capabilities in New York, Atlanta and Chicago, adding six underwriters to its U.S. cyberliability underwriting group and appointing a new vice president to its Select...
Ex-N.Y. Postal Worker Pleads Guilty to $18K Workers’ Comp Scam
Jun 22 2012 // Authorities said a former U.S. Postal Service employee has pleaded guilty to receiving over $18,000 in fraudulent workers’ comp benefits. The U.S. Attorney’s Office for Northern District of New York said Thomas...
N.Y. Marriage Equality Act Lawsuit Seeks Spousal Healthcare Benefits
Jun 21 2012 // A New York hospital worker and her spouse have filed a lawsuit, saying spousal health benefits were denied to the same-sex couple. The lawsuit filed Tuesday in federal court in Manhattan sought past and future health care...
Tropical Storm Irene’s Scars Healing in Adirondacks, Catskills in N.Y.
Jun 19 2012 // A replacement for one of the most well-traveled and iconic bridges in the Adirondack High Peaks was completed and opened to hikers Sunday as crews continue to repair backcountry trail damage from Tropical Storm Irene in...
Group Warns Bills Pending in N.Y. Could Make Workers’ Comp More Costly
Jun 18 2012 // A New York-based business association warns that two bills currently before the State Legislature could rollback cost savings created in the 2007 workers’ compensation reforms. According to The Business Council of...
Business Moves – East
Jun 18 2012 // American International Group AIG’s property/casualty division Chartis announced the launch of its hospitality and leisure industry practice group, which will provide specialized insurance and risk management products...
Insurance Industry Charitable Foundation Plans to Expand Its Charitable Services to Boston
Jun 18 2012 // The Insurance Industry Charitable Foundation (IICF) is planning to expand its volunteer and charitable services to the Boston and New England region. The foundation is holding an informational meeting in Boston on June 20...
NYC Faces Greatest Financial Risk From Storms: CoreLogic
Jun 18 2012 // When people think of hurricane damage they usually think of Miami or New Orleans, but a new report suggests the greatest financial risk of all may be much farther north: the greater New York City area. Data analysis firm...
Outlook Is Cautious As Some States See Major Construction Projects
Jun 18 2012 // Apartment Communities May Be Key to Revival The overall construction industry appears to be making a recovery, albeit, a very slow one. Industry watchers say the outlook is better for big utility and public works...
Facebook, Banks Want Shareholder Lawsuits in New York Court
Jun 15 2012 // Facebook Inc. and its lead underwriters Morgan Stanley, Goldman Sachs Group Inc. and JPMorgan Chase & Co. have requested that shareholder lawsuits over its $16 billion initial public offering be grouped together in...
Last Loans Used to Buy AIG, Bear Stearns Assets Repaid: Fed Reserve
Jun 15 2012 // The Federal Reserve Bank of New York said on Thursday the last of its loans made to acquire risky assets from AIG and Bear Stearns during the financial crisis have been paid off with interest. The Fed bank acquired the...
Upstate N.Y. Plant Hit With $233K in OSHA Fines
Jun 14 2012 // Federal workplace safety officials have hit a hair care manufacturer with fines of $233,000 for hazards at its upstate New York plant. The Occupational Safety and Health Administration says inspectors found 44 serious...
JetBlue Fliers File Suit in New York Over Pilot Scare
Jun 14 2012 // Ten passengers are suing JetBlue over a flight during which a pilot had to be physically restrained after screaming about religion and terrorism. They claim the airline was “grossly negligent” in allowing him...
N.Y. Orders ‘Force-Placed’ Insurers to Submit New Lower Rate Proposals
Jun 13 2012 // New York regulators said they have ordered three major insurers offering ‘force-placed’ homeowners insurance in New York to submit proposals for new premium rates.N.Y. Financial Services Superintendent Lawsky...
New York City Pension Fund Sues Wal-Mart Over Mexican Bribery Allegations
Jun 12 2012 // New York City’s pension funds on Monday became the latest group to file a derivative lawsuit against Wal-Mart Stores Inc. based on reported allegations of bribery in Mexico and a possible cover-up by Wal-Mart...
Aon Executive Joins New York-Based Broker Sterling & Sterling
Jun 11 2012 // Woodbury, N.Y.-based brokerage firm Sterling & Sterling Inc. appointed Howard Tollin as president of the environmental services division. In this newly-created position, he will be responsible for working with clients...
New York Court Rejects College Pitcher’s Injury Claim
Jun 7 2012 // New York’s top court says a college pitcher hit in the face with a line drive at indoor practice accepted the sport’s risk and has rejected his damages claim against Clarkson University and the coach. The Court...
Stahlka Agency Acquires Historic Square Agency’s Western N.Y. Practice
Jun 7 2012 // Stahlka Agency, an independent insurance agency and member of the EMS Group, based in Williamsville, N.Y., acquired the Western New York practice of Erie, Penn.-based Historic Square Insurance Agency. Terms of the...
New York City at Greatest Financial Risk from Hurricanes: CoreLogic
Jun 7 2012 // When people think of hurricane damage they usually think of Miami or New Orleans, but a new report suggests the greatest financial risk of all may be much farther north: the greater New York City area. Data analysis firm...
