Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Warning: Insecticides Can Be More Dangerous Than Bedbugs
Sep 26 2011 // Bedbugs don’t make people sick. But the poisons used to kill them can. A new government study has found that dozens of Americans have fallen ill from the insecticides, and a North Carolina woman died after using 18...
Former Head of Liberty Title in N.Y. Sentenced to 20 Months in Prison
Sep 26 2011 // Former president and co-founder of title insurance agency Liberty Title, Brian Madden, has been sentenced to 20 months in prison for misappropriating and embezzling escrow and other client funds from Liberty Title and two...
Insurance Journal Names Ha as East Editor
Sep 26 2011 // Wells Publishing Inc. has named Young Ha as its new East editor for its flagship Insurance Journal online and print property/casualty insurance publications. Ha, based in New York, will cover the Northeast and Mid-Atlantic...
Politicians, Investors Worry Over Shrinking Middle Class, Role of Social Media
Sep 22 2011 // The rising gap between rich and poor in nearly every country, rich or poor, went largely ignored during the decades of globalization-fueled boom. But with large parts of the world in financial crisis, ending the time when...
Ratings Roundup: Dryden Mutual, Western Ins., Ally Ins., FHM
Sep 21 2011 // A.M. Best Co. has upgraded the issuer credit rating to ‘a+’ from ‘a’ and affirmed the financial strength rating of ‘A’ (Excellent) of New York-based Dryden Mutual Insurance Company, both...
Virginia-based Hilb Group Expands in New York State
Sep 21 2011 // The Hilb Group, a Glen Allen, Va.-based holding company that focuses on acquiring mid-market agencies, is further expanding in New York State. The company opened a new office in Rochester and also expanded an existing...
U.S. RE Executive Joins N.Y. Reinsurance Broker Holborn
Sep 21 2011 // Independent reinsurance broker Holborn Corp. has appointed Arthur Dougherty as a senior vice president in the firm’s New York City headquarters. Dougherty is an industry veteran, having worked more than three decades...
‘Hank’ Greenberg to Host Fundraiser for Republican Candidate Perry
Sep 20 2011 // C. V. Starr & Co. Inc. Chairman and CEO Maurice “Hank” Greenberg is scheduled to host a fundraising event in New York on Tuesday, Sept. 20, for Texas Gov. Rick Perry. Perry is one of the leading Republican...
Irene Raises Hurricane Deductible Questions in Northeast States
Sep 19 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 19 2011 // XL Insurance has made six key appointments to its North America Construction team. The latest additions to XL Insurance’s North America construction team include: Lawrence Lejfer — Vice president and senior...
Push to Reverse New York’s Workers’ Comp Guidelines
Sep 19 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,...
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...
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...
