Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New York Neighbor Sues Chef over Eatery’s Trash
Apr 26 2011 // A neighbor says star chef and New York City restaurateur David Bouley’s trash is really bugging him. W. Robert Curtis says in a lawsuit that a Bouley eatery’s food storage and garbage are subjecting the...
Calif. Places Majestic Insurance into Conservatorship
Apr 21 2011 // Workers’ compensation insurer Majestic Insurance Co. has been placed into conservation by order of the San Francisco Superior Court. California Insurance Commissioner Dave Jones has simultaneously filed a motion...
Lightning Possible Cause of Fire at New York Condos
Apr 21 2011 // Authorities are trying to determine if a lightning strike from severe thunder storms sparked a fire that caused extensive damage to a suburban Buffalo condominium complex. WGRZ-TV reports that firefighters arriving on the...
New York Increases Requirements for Excess Line Insurers
Apr 21 2011 // A new regulation that goes into effect in New York this month will force excess line insurers to triple their minimum policyholders surplus to $45 million by the middle of 2013. For eligible excess line insurers already in...
Exploding Drum Injures Upstate New York Worker
Apr 20 2011 // A 42-year-old upstate New York man has been hospitalized after the 55-gallon drum he was cutting up exploded and shot into the air, hitting him on the head. The Lewis County Sheriff’s Office says Ricky Poore was...
Belly Dancing Sinks New York Woman’s Disability Claim
Apr 19 2011 // A Staten Island woman who was getting $850 a month in alimony because she was supposedly disabled and unable to work had to give the payments up after her ex-husband spotted photos of her belly dancing on the...
Business Moves
Apr 18 2011 // Ascension, Walter L. Clark Missouri-based Ascension Insurance Inc. acquired Walter L. Clark & Associates Inc., a California-based agency that specializes in agribusiness. Walter Clark, founded in 1959, has offices in...
New York City Drops Plan to Charge for Accident Response
Apr 18 2011 // New York City has dropped a controversial plan to charge motorists involved in accidents for emergency response services. The Wall Street Journal reports that the Bloomberg administration confirmed its plan to withdraw the...
Utica National Promotes Aquino to Regional Risk Management Post
Apr 14 2011 // Mark A. Aquino has been promoted to regional manager in the risk management department at the Utica National Insurance Group’s office in Utica, New York. Aquino is is responsible for managing the company’s risk...
Insurance Fraud Claims on Rise in New York
Apr 13 2011 // Suspicious insurance claims in New York were up about 4.5 percent in 2010, an industry report shows. In 2010, insurers reported a total of 7,026 questionable claims in the state, compared with 6,726 in 2009, according to...
Insurer Sues Celebrity Heiress Paris Hilton Over Missing Jewels
Apr 8 2011 // Paris Hilton is holding $60,000 of jewelry that does not belong to her and should give it back, a new lawsuit contends. A German insurer, Allianz SE, has sued the celebrity socialite and heiress to the Hilton Hotels...
Toyota Wins New York Case over Unintended Acceleration
Apr 4 2011 // A federal jury found that Toyota Motor Corp. isn’t responsible for a 2005 crash that the driver blamed on the floor mat or the electronic throttle, in the first case to go to trial since automaker recalled millions...
New York Dilutes Plan to Merge Banking and Insurance Departments
Apr 4 2011 // The merger of New York state’s banking and insurance departments might not create the powerful agency first advertised, according to Governor Andrew Cuomo’s recent budget deal with legislative leaders. At first...
New York Fraud Investigators Arrested 668 People Last Year
Apr 4 2011 // New York investigators arrested 668 people accused of insurance fraud last year, including a Brooklyn woman arrested after a fist-fight, a surgeon who made $3.5 million by billing for working more than 24 hours a day and a...
New York City Landlords Facing Harsher Bedbug Penalties
Mar 31 2011 // Despite the itchy rise to prominence of bedbugs around New York City, officials have long been limited in what they could do to get negligent landlords to address the spread of the minuscule critters. On Tuesday, city...
Murder Is an Accident? To Insured It Is, New York’s Highest Court Says
Mar 31 2011 // New York’s top court says the estate of a man run down by a homicidal driver is entitled to make insurance claims for injuries caused by an accident. The Court of Appeals says that even though Ronald Popadich pleaded...
Leading Candidate to Succeed Berkshire’s Buffett Quits
Mar 31 2011 // The man widely seen as the leading successor to Warren Buffett at Berkshire Hathaway has resigned after buying shares in chemical company Lubrizol Corp. before pushing Buffett to acquire it. David Sokol’s resignation...
New York Sting Nets 13 Arrests for Workers’ Comp Fraud
Mar 30 2011 // New York police arrested 13 people in a series of investigations targeting workers’ compensation fraud around the Empire State. In several cases, the arrests targeted individuals accused of improperly collecting...
Bank of America Wins Dismissal of Suits Over Merrill Lynch
Mar 30 2011 // A Manhattan federal judge dismissed two lawsuits seeking to force Bank of America Corp. to sue former Merrill Lynch & Co. executives and directors over losses in mortgages and other risky debt. The ruling was issued...
AIG Ex-CEO Greenberg Loses Bid to Remove Judge from Case
Mar 28 2011 // The judge overseeing New York’s lawsuit against former American International Group Inc. Chief Executive Hank Greenberg denied Monday a motion urging him to quit the case. Greenberg sought to have New York State...