Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Former PIANY Prez Dickson Named to Fraud Task Force
Aug 18 2009 // David Dickson has been appointed to the New York Compensation Insurance Rating Board’s (NYCIRB) Fraud Task Force. Dickson has served on the NYCIRB since last year, and originally was named to the committee as the...
New York’s Kingstone Completes Conversion into P/C Carrier
Aug 17 2009 // Kingstone Cos. Inc. has completed its conversion from an agency franchiser to a property/casualty insurance carrier, the company said. The Hewlett, N.Y.-based firm was spun out of the combination of DCAP Group Inc. with...
Work Hard Play Hard
Aug 17 2009 // Insurance Triathletes Prove their Endurance, Self-Discipline There are far easier ways to spend one’s leisure hours than slogging through tough early-morning runs, pedaling through sunburns and saddle sores and...
New York Suit Settled against Boat Company in Capsizing
Aug 14 2009 // Liability claims have been settled against the tour company that arranged a fall foliage excursion in which 20 passengers were killed when their tour boat overturned on an Adirondack lake in 2005. Terms of the settlement...
Wrynn to Head New York State Insurance Department
Aug 14 2009 // New York Gov. David A. Paterson has tapped James J. Wrynn to be the next superintendent of the New York State Insurance Department. Wrynn currently serves as executive director of the New York State Insurance Fund and is a...
Demetriou General Agency Acquires H. Al Roth Agency in New York
Aug 13 2009 // New York-based Demetriou General Agency Inc. has acquired H. Al Roth Agency in Manhattan for an undisclosed sum. The acquisition comes as Demetriou announced expansion plans for its Madison Avenue headquarters to...
New York Regulators Give ‘No Stamp’ Order for American Transport
Aug 13 2009 // Insurance regulators in New York are warning agents and brokers not to conduct any business with American Transport Insurance Co. The company is not admitted to do business in the Empire State and is not an eligible excess...
Iowa, Minnesota Get ‘A’, 9 States ‘F’ in Best, Worst States for Workers’ Comp
Aug 13 2009 // Iowa, Kansas, Minnesota, Utah and Virginia do the best job handling workers’ compensation injuries, while Louisiana, New Jersey, New York, Oklahoma, Rhode Island, Texas and Wyoming perform the worst. That’s...
New York Extends Freeze on Malpractice Insurance Rates
Aug 12 2009 // Gov. David Paterson has signed legislation to freeze medical malpractice insurance rates in New York for another year, but the state’s largest insurer said it leaves the company financially weaker while efforts to...
AXA Art Insurance’s Arnold to Lead New York Chapter of NAIW
Aug 12 2009 // Art insurance industry professional and director of business development at AXA Art Insurance, Jill Arnold, has been named president of the New York City Chapter of The National Association of Insurance Women (NAIW-NYC)....
Investigators Still Search for Clues in NYC Air Crash
Aug 10 2009 // As investigators try to piece together how a small plane and tourist helicopter came to enter each other’s airspace over the Hudson River on a clear summer day, divers were to search for clues to the crash believed...
New York Recovered $13.6M for Consumers in Second Quarter
Aug 6 2009 // The New York Insurance Department recovered $13.6 million in the second quarter of the year for consumers and health care providers who filed complaints with the department, according to the department. Nearly 3,000...
Police: Texting, Talking Trucker Hits Car, Pool in New York
Aug 3 2009 // Police say a tow truck driver was texting on one cell phone while talking on another when he slammed into a car and crashed into a swimming pool. Niagara County sheriff’s deputies say 25-year-old Nicholas Sparks...
States Dispute Article Questioning AIG Insurance Units’ Finances
Aug 3 2009 // State insurance regulators are criticizing a New York Times article that reported that insurance subsidiaries of American International Group, Inc. “show signs of considerable weakness” and that called into...
New York Regulator Signs Cooperation Agreement with Thailand
Aug 3 2009 // The New York State Insurance Department recently signed an agreement with regulators in Thailand that calls for increased cooperation between the two in investigating insurance matters. The agreement formalizes...
New York Agents Plead Case for ‘Common Sense’ Disclosure Rules
Aug 3 2009 // Trade Groups Worry about Logistics and Fairness Independent agent groups in New York State pleaded with regulators during a meeting last month to take a more “common sense” approach to proposed rules requiring...
People
Aug 3 2009 // Will Weston, vice president and principal of Blanchard & Calhoun Insurance Agency in Augusta, was elected president of the Independent Insurance Agents of Georgia, Inc. (IIAG) during the association’s recent...
Top 100 Privately-Held Property/Casualty Agencies
Aug 3 2009 // Top 100 Privately-Held Property/Casualty Agencies Ranked by Total 2008 P/C Premium Written 2008 Rank Agency Name, Main Office 2008 P/C Premium Written 2007 P/C Premium % Premium Change 2008 Other than P/C Premium 2008 P/C...
New York Regulator Signs Cooperation Agreement with China
Jul 28 2009 // The New York State Insurance Department has signed a cooperation agreement with regulators in China calling for closer cooperation between the two agencies in overseeing insurance issues. Acting Superintendent Kermitt...
Chartis: Other Firms Share AIG’s New Name; Is It a Name to Remember?
Jul 28 2009 // A U.S. health care advisory group and a London-based risk technology research firm share something in common with American International Group’s (AIG) new brand Chartis Insurance: a name. But it’s doubtful they...
