Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Risk Strategies Acquires Castle Rock Capacity in New York
Jul 26 2023 // National specialty insurance broker Risk Strategies has acquired Castle Rock Capacity, a property/casualty insurance broker with a specialty in the construction, real estate and development industries. Headquartered in New...
New York City Agrees to Pay $13M to Settle Suits Over Arrests of 2020 Protesters
Jul 21 2023 // New York City has agreed to pay more than $13 million to settle a civil rights lawsuit brought on behalf of roughly 1,300 people who were arrested or beaten by police during racial injustice demonstrations that swept...
New York Technology Firm Sued for Not Hiring Engineer Who Is Deaf
Jul 21 2023 // A Rochester, New York technology firm has been charged with allegedly violating federal law by ending its interview with and failing to hire a qualified applicant for an engineering role because he is deaf. According to a...
Northern New York Diocese Facing 100 Sexual Abuse Claims Files for Bankruptcy
Jul 19 2023 // The Roman Catholic Diocese of Ogdensburg in northern New York said Monday that it was filing for bankruptcy protection as it faces more than 100 lawsuits alleging sexual abuse. The diocese, like others in the state, is...
People Moves: Fred C. Church Promotes Burbine; Rodriguez Reappointed Chair of New York Workers’ Comp
Jul 18 2023 // Fred C. Church Insurance Promotes Burbine to SVP, Sales Leader Fred C. Church Insurance, headquartered in Lowell, Mass., promoted Bill Burbine to senior vice president, sales leader. Burbine’s insurance career began...
Heavy Rains Swamp Northeast Again; Floods Claims 5 Lives; Others, Including 2 Children, Missing
Jul 17 2023 // Heavy rains pounded an already saturated Northeast on Sunday for the second time in a week, spurring another round of flash flooding, cancelled airline flights and power outages. In Pennsylvania, a sudden flash flood late...
Deadly Storms Across US Northeast Bring Floods, Tornado Alerts
Jul 17 2023 // A cluster of severe thunderstorms pounded the US Northeast including New York City on Sunday, unleashing deadly flooding in Pennsylvania, halting operations at several airports, and prompting tornado watches across New...
Declarations
Jul 17 2023 // Titan Submersible “If there were aspects of the design or construction of this vessel that were kept from the passengers or it was knowingly operated despite information that it was not suitable for this dive, that...
People & Places
Jul 17 2023 // National Guy Carpenter, the reinsurance business of Marsh McLennan, announced the expansion of its Cyber team with a series of appointments and promotions. Matthew McCabe has been appointed managing director of cyber...
Business Moves
Jul 17 2023 // East World Insurance Associates, Bryant Asset Protection, B. R. Alexander & Co., The Mogil Organization Insurance broker World Insurance Associates LLC recently completed three acquisitions in the Northeast U.S....
New York Appeals Court Rules Child Victim’s Act Is Constitutional
Jul 14 2023 // A New York state appellate court has upheld the constitutionality of the Child Victims Act (CVA) which granted a one year extension of the state’s statute of limitations for victims of childhood sexual abuse to bring...
New York Yankee Uniform Sleeve Gets the Starr Treatment
Jul 14 2023 // On July 21, when the New York Yankees open their first homestand after the All Star break, the players’ famous uniforms will look a bit different. They will sport a Starr Insurance logo on the sleeve. The...
Founder of Crypto Lender Celsius Network Arrested, Charged With Fraud
Jul 13 2023 // Alex Mashinsky, the founder and former CEO of bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud, a U.S. prosecutor in New York said Thursday, while three federal regulatory agencies sued...
Vermont Residents, Businesses Turn to Recovery From Flooding Amid Mud, Debris
Jul 13 2023 // Floodwaters receded in Vermont cities and towns pummeled by a storm that delivered two months of rain in two days, allowing officials to focus on recovering from a disaster that trapped residents in homes, closed roadways...
Rain Eases After Flooding Vermont, Other Northeast States But More Expected
Jul 12 2023 // A storm that left up to two months` worth of rain in Vermont and saturated other parts of the Northeast was moving out Tuesday, but more flooding was expected after already cutting off access to some communities, including...
AXA Weighs Offloading $2B Reinsurance Arm to Cut Exposure to Disasters: Sources
Jul 12 2023 // One of the world’s top insurers is mulling offloading its property reinsurance business in a bid to cut its exposure to natural disasters like hurricanes, according to three people familiar with the matter. French...
Flash Floods Rage in Vermont, New York; Woman Killed; Economic Impact Could Hit $5B
Jul 11 2023 // Torrential downpours unleashed flash floods on the U.S. Northeast on Monday that washed out roadways, overwhelmed rivers, prompted 50 swift boat rescues and killed a woman who was swept away in front of her fiancé,...
Slow-Moving Storm Puts New York City, East Coast Under Flood Threat
Jul 10 2023 // New York City and the eastern US braced Sunday for severe thunderstorms as a creeping weather front drags across the region and raises the risk of flooding from Vermont to North Carolina. The slow-moving line of showers...
Judge Delays Minimum Wage Hike for New York City App Drivers
Jul 10 2023 // A judge Friday ordered New York City to temporarily delay new minimum pay standards for app-based food delivery workers, a day after being sued by Uber Eats, DoorDash and Grubhub. City officials recently announced plans to...
People & Places
Jul 3 2023 // National Linda Johnson Global reinsurance broker Gallagher Re appointed Linda Johnson vice chairperson for its North American team. Johnson will be responsible for producing new business for large casualty and structured...
