Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Business Moves
Sep 19 2011 // OneBeacon, Interboro OneBeacon Insurance Group said it is selling its high risk personal auto insurance business, AutoOne, to Interboro Holdings Inc. of New York. AutoOne, formed in 2001, serves the automobile assigned...
N.Y. Agents Appeal Compensation Disclosure Ruling
Sep 19 2011 // Two agent groups in New York have filed a formal appeal of a trial court ruling that upheld a controversial state regulation requiring insurance producers to disclose their compensation. The Independent Insurance Agents...
Professional Insurance Agents of New York State Elects New Officers
Sep 16 2011 // The Professional Insurance Agents of New York State (PIANY) elected seven officers for its 2011-12 administrative year. The association also elected five board directors who will serve for a three-year term, ending in...
New York Firm Unlawfully Fired Workers for Facebook Postings: NLRB
Sep 15 2011 // In the first ruling of its kind, a National Labor Relations Board administrative law judge has found that a Buffalo, N.Y.-based non-profit organization unlawfully discharged five workers after they posted comments on...
Higher Workers’ Comp Loss Costs in New York Start Oct. 1
Sep 14 2011 // An average 9.1 percent increase in New York State’s workers compensation loss costs is scheduled to go into effect Oct. 1. The planned change was previously approved by the New York State Insurance Department in...
Heffernan Hires Torsney as Senior VP of New York Office
Sep 13 2011 // Heffernan Insurance Brokers, an independent insurance brokerage headquartered in Walnut Creek, Calif., has hired Catherine Torsney to join its Manhattan office in New York as senior vice president and director of its fine...
Tri-State, New England Insurance Industry Gears Up for Volunteer Week in October
Sep 13 2011 // Volunteer Week, the Insurance Industry Charitable Foundation’s (IICF) event, will be held October 15-22, 2011 in the New York tri-state area and New England. During the eight-day industrywide event, teams of...
O’Brien Joins Aon as Upstate New York, New England Resident Sales Director
Sep 9 2011 // Aon Risk Solutions, the global risk management business of Aon Corp., announced that Philip O’Brien has been appointed resident sales director of the New England and upstate New York region. He is responsible for...
Chiropractors Push to Reverse New York’s Workers’ Comp Guidelines
Sep 8 2011 // New York chiropractors don’t like the new medical treatment guidelines adopted last December by the New York State Workers’ Compensation Board. These changes focus on the treatment for the mid- and low-back,...
NSM Acquires New York Manager of Dentist, Lawyer Programs
Sep 7 2011 // NSM Insurance Group has acquired AFPD, a New York-based program administrator for lawyers and dentists errors and omissions programs. Terms of the deal were not disclosed. NSM is a national program manager based in...
Irene Raises Hurricane Deductible Questions in Hard-Hit Northeast States
Sep 7 2011 // New York and New Jersey regulators said recently that hurricane deductibles should not apply on homeowners’ insurance policies for Irene damages in their states. That’s because Irene was downgraded and...
People
Sep 5 2011 // Lee Stacey has been appointed president and chief executive officer of Britton-Gallagher & Associates Inc., one of Ohio’s largest privately owned insurance brokers. He assumes many of the current duties of Bruce...
9/11 Brought Some Changes to Skyscrapers and High-Rises But More Should Be Done
Sep 5 2011 // What if it should happen again? A decade after the Sept. 11 terror attacks, could any of the nation’s 21,000 high-rises withstand an attack like those that caused New York’s twin towers to collapse? Could the...
Update: Irene State by State Estimates
Sep 2 2011 // Catastrophe modeling company Eqecat, whose software is used by insurers to predict exposure to disasters, estimated the economic losses in the United States from Hurricane Irene at more than $10 billion. Irene was the 10th...
IIABNY, CIBGNY File Appeal of Producer Compensation Disclosure Regulation
Sep 2 2011 // The Independent Insurance Agents & Brokers of New York and the Council of Insurance Brokers of Greater New York have filed a formal appeal of a trial court ruling that upheld a controversial state regulation. Attorneys...
Neighbors Help Neighbors in Flood-scoured New York Town
Sep 2 2011 // Friends, family, and total strangers are grabbing shovels, mops and buckets to help shopkeepers clear debris left by flooding and salvage whatever they can in mountain villages ravaged by Irene’s deluge in upstate...
New York’s Interboro Buys OneBeacon’s AutoOne
Sep 1 2011 // OneBeacon Insurance Group said it is selling its high risk personal auto insurance business, AutoOne, to Interboro Holdings Inc. of New York. AutoOne, formed in 2001, serves the automobile assigned risk insurance markets...
Vermont, New Jersey, Upstate New York Still Underwater from Irene
Sep 1 2011 // Floodwaters finally started to recede from areas of the U.S. northeast devastated by Hurricane Irene but many communities were still under water Wednesday as relief workers battled cut-off roads and raging rivers to...
Insurance Lawsuits to Follow Irene
Aug 31 2011 // As the water recedes from Hurricane Irene, lawyers are expecting disputes over insurance coverage to pour in. The biggest fights will stem from arguments over property damage and whether it resulted from wind or water,...
Irene’s Impact on Private Insurance Markets
Aug 31 2011 // The $7 billion in estimated losses from Hurricane Irene compound the vast damage caused by weather in the United States this year. Yet despite billions they’ve paid out for floods, tornadoes and earthquakes, big...
