Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Willis North America Names Joost as National Partner in New York
Nov 16 2009 // Global insurance broker Willis Group Holdings has appointed Eric Joost as national partner, North American Specialties. He will be based in New York. In his new role, Joost will lead Willis’ client service and...
New York Signs Regulatory Agreement with El Salvador
Nov 15 2009 // The New York Insurance Department has signed a cooperation agreement with its counterpart in El Salvador, the latest in a string of similar agreements with insurance regulators in foreign countries. The agreement calls for...
Rhode Island, New York Latest States to See Texting-While-Driving Bans
Nov 15 2009 // New Yorkers: Put the BlackBerry away if you’re behind the wheel. New York’s law against texting-while-driving went into effect this month. The new law forbids the use of mobile devices for reading, typing and...
New York Insurers Say No-Fault Claims Are Driving Up Costs
Nov 15 2009 // No-fault payments for medical claims by auto accident victims in New York have seen a dramatic increase over the last several years, one industry group says, and the state and insurers must redouble efforts to root out...
Three Ex-Marsh Exec Acquitted in Spitzer Bid-Rigging Case
Nov 15 2009 // Three former Marsh Inc. executives have been acquitted of criminal charges in a bid-rigging and price-fixing scheme in which they were accused of colluding to steer clients to favored insurers. Joseph Peiser, who led...
2009 Top Personal Lines Agencies
Nov 15 2009 // The following list is taken from the Insurance Journal Top 100 P/C/ Independent Insurance Agencies report published in Insurance Journal on Aug. 3. These agencies represent the leaders in total personal lines premium...
New York Insurance Association Elects New Officers and Directors
Nov 11 2009 // The New York Insurance Association has elected Richard J. Zick, president and chief executive officer of Utica First Insurance Co. as the association’s chairman. His year-long term begins in January. Zick has served...
New York Insurers Say No-Fault Claims are Driving Up Costs
Nov 6 2009 // No-fault payments for medical claims by auto accident victims in New York have seen a dramatic increase over the last several years, one industry group says, and the state and insurance companies need to redouble efforts...
Ratings Recap: Arbella, Wayne Mutual, Arrowhead, Unique, Oswego County
Nov 4 2009 // A.M. Best Co. has upgraded the financial strength rating to ‘A-‘ (Excellent) from’ B++’ (Good) and issuer credit ratings to “a-” from “bbb+” of Arbella Insurance Group and...
New York Ban on Texting-while-Driving Takes Effect
Nov 3 2009 // New Yorkers: Put the BlackBerry away if you’re behind the wheel. New York’s law against texting while driving went into effect Sunday. The new law forbids the use of mobile devices for reading, typing and...
Small Business Owners See Their Firms Leading Recovery Next 2 Years
Nov 2 2009 // Looking out 12 to 24 months, small business owners say their companies will emerge from the recession strong and well positioned for growth over the next two years, leading the U.S. to economic recovery. According to new...
Business Moves
Nov 1 2009 // AmTrust, American Capital, GMAC AmTrust Financial Services, Inc. is making an investment in American Capital Acquisition Corp. in connection with the acquisition by ACAC of GMAC’s U.S. consumer property/ casualty...
Agents’ E&O Marked By Stability, Satisfaction
Nov 1 2009 // As Agency Revenues Fell, At Least E&O Previums Didn’t Rise Independent insurance agents have had plenty to fret about the past year, including falling revenues. Thus stability in the market and pricing for their...
Feds Say New York City Logged 90 Workplace Deaths in 2008
Oct 30 2009 // Construction continues to be a hazardous job for some workers in New York City. The federal Bureau of Labor Statistics reported this week that of the 90 fatal workplace injuries in the city in 2008, about a third involved...
New York Signs Regulatory Agreement with El Salvador
Oct 30 2009 // The New York Insurance Department has signed a cooperation agreement with its counterpart in El Salvador, the latest in a string of similar agreements with insurance regulators in foreign countries. The agreement calls for...
Tom Brokaw to Address Insurance Industry Charitable Foundation Gala
Oct 29 2009 // The Insurance Industry Charitable Foundation (IICF) said NBC News Correspondent Tom Brokaw will be its special guest speaker for the 2009 New York Division Gala. The event is being held on December 9 at the Waldorf Astoria...
Two People Injured in New York City House Explosion
Oct 28 2009 // New York fire officials say two people have been injured in an explosion that badly damaged a two-story home in the Flushing section of Queens. A Fire Department spokesman says one person was hospitalized with non-life...
GUARD Introduces BOP in New York
Oct 28 2009 // GUARD Insurance Group has begun offering Businessowner’s Policy coverage in New York. This new line complements the company’s traditional specialtym, workers’ compensation insurance for small- to...
Three Ex-Marsh Executives Acquitted in Bid-rigging Case
Oct 27 2009 // Three former Marsh Inc. executives were acquitted Monday of criminal charges in a bid-rigging and price-fixing scheme in which they were accused of colluding to steer clients to favored insurers. Joseph Peiser, who led...
Real Estate Agent Arrested for Workers’ Comp Fraud in New York
Oct 27 2009 // A Florida real estate agent has been arrested in New York for committing insurance fraud against the state’s largest workers’ comp insurer, the New York State Insurance Fund. Ben Keskin, 52, of Florida, was...