Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Lloyd’s America President Watkins Campaigns for Broader Appeal
Jul 27 2011 // Hank Watkins, president of Lloyd’s America Inc., smiles like he has a big secret he wants to spill. The history of Lloyd’s of London is no secret: originated in Edward Lloyd’s coffee shop in London;...
New York Stops Tour Bus Operators Following Crashes
Jul 27 2011 // New York Gov. Andrew Cuomo, following a recent rash of tour bus crashes, said he will suspend the operating licenses of eight charter and tour bus companies and their 100 buses after repeated failures in safety...
N.Y. Attorney General Challenges Constitutionality of Defense of Marriage Act
Jul 26 2011 // In papers filed in the case of Windsor v. United States, Attorney General Eric T. Schneiderman challenged the constitutionality of the federal Defense of Marriage Act (“DOMA”), which redefined marriage for...
N.Y. Companies Hit with Charge for Fed Jobless Loans
Jul 25 2011 // New York businesses are being told they have to help pick up the tab for interest the state owes on federal unemployment insurance loans. The state Department of Labor says the maximum payment will be $21.25 per employee,...
Rigger in Deadly New York Crane Collapse Stripped of License
Jul 22 2011 // A rigger who worked on a massive construction crane that collapsed and killed seven people in New York City has been stripped of his licenses after an administrative judge said his sloppy work was to blame for the...
New York Man Gets $90K for Police Dog Bite
Jul 22 2011 // The New York man who was bitten by a police dog will receive $90,000 from the city of Mount Vernon. Carlos Garcia filed a civil rights lawsuit against the city in 2008. According to court papers, police were searching for...
Zurich Says Its Policy for Sony Doesn’t Cover Data Breach
Jul 22 2011 // One of Sony Corp.’s insurers has asked a court to declare that it does not have to pay to defend the media and electronics conglomerate from mounting legal claims related to a massive data breach earlier this...
Sony Insurer, Zurich, Files Suit to Deny Data Breach Coverage
Jul 21 2011 // One of Sony Corp’s insurers has asked a court to declare that it does not have to pay to defend the media and electronics conglomerate from mounting legal claims related to a massive data breach earlier this...
9/11 Families Seek Meeting on News Corp. Phone Hacking Reports
Jul 21 2011 // Relatives of victims of the Sept. 11 attacks have asked to meet the FBI and the U.S. Justice Department to discuss the agencies’ preliminary inquiry into reports that News Corp. reporters may have tried to hack the...
U.S. Judge Allows Shareholder Suits Against China Accountants
Jul 21 2011 // The fourth time was the charm for shareholders suing the auditors of Shenzhen-based China Expert Technology. China Expert shareholders have been trying unsuccessfully to sue the company’s accounting firms for failing...
New York Workers’ Compensation Cost Hike Approved
Jul 20 2011 // New York regulators have approved an average 9.1 percent hike in loss costs used by insurers, which is less than the 10.4 percent increase sought by the industry. The New York State Insurance Department approved the...
Soda Makers Fight Back Against Obesity Claims: Reuters
Jul 20 2011 // U.S. public awareness campaigns about sugary soft drinks are under legal attack by beverage makers, which have sued New York City’s health department and hit local governments with requests for documents on the...
S&P Threatens Downgrade of Insurers, Financial Firms Over Debt Ceiling
Jul 18 2011 // Standard & Poor’s Friday raised the pressure on debt negotiators in Washington, saying it could downgrade insurers, securities clearinghouses, mortgage agencies and a laundry list of other firms without a deal...
People
Jul 18 2011 // Insurance broker Lockton Companies is expanding its business in Florida with the addition of Ed Rivas. Prior to joining Lockton, Rivas spent 11 years as the director of Human Resources and Safety for Arch Aluminum and...
Licensing and Other Changes for New York and Connecticut Agents
Jul 18 2011 // Changes in agent-licensing procedures mean New Yorkers can now print and renew their licenses online and Connecticut agents will now only be able to file licensing documentation electronically. In New York, agents, brokers...
London’s Calling
Jul 18 2011 // Lloyd’s America President Hank Watkins Campaigns for Broader Appeal Hank Watkins, president of Lloyd’s America Inc., smiles like he has a big secret he wants to spill. The history of Lloyd’s of London is...
Top Locations for Questionable Claims
Jul 18 2011 // Five states-California, Florida, Texas, New York and Michigan-generate almost half of all suspicious claims to property/casualty insurance companies, a new report says. These states account for 49 percent of all...
Business Moves
Jul 18 2011 // The Hanover, Chaucer Massachusetts-based The Hanover Insurance Group has completed its acquisition of Chaucer Holdings, a specialty Lloyd’s insurance group. The $474 million deal includes $13 million to be paid in...
Dawson Joins Swett & Crawford in New York
Jul 15 2011 // Ricky Dawson Wholesale broker Swett & Crawford has added Ricky Dawson to its casualty staff in New York. Dawson, who has a background in both insurance wholesale brokerage and underwriting, was previously a wholesale...
New York Agents Enjoy Above Average Share of P&C Market
Jul 13 2011 // The Independent Insurance Agents and Brokers of New York (IIABNY) said agents in the state fare better than peers in other states when it comes to keeping a share of the P&C market, according to a study. IIABNY...
