Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
AM Best Revises Outlooks to Negative for Utica First Insurance
Jun 5 2023 // AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Utica First Insurance Co., based...
Wrongful Death Lawsuit Filed Over Buffalo Massacre Targets Social Media
Jun 5 2023 // By Andrew Simpson A wrongful death suit has been filed on behalf of victims’ relatives, survivors and others affected by the 2022 racially-motivated shooting at Tops Friendly Markets in Buffalo where 10 people were...
People & Places
Jun 5 2023 // National Specialty insurance provider CFC appointed Michael Phillips as Cyber Practice leader. He is based in New York. Michael Phillips In this newly created role based out of New York, Phillips will drive CFC’s...
Billionaire SPAC Kings Dragged to Court After Boom Goes Bust
Jun 2 2023 // The unwinding of the blank-check stock frenzy, one of the hottest pandemic-era trends on Wall Street, is playing out its last act on a different stage: the courtroom. The raucous boom in special-purpose acquisition...
InsurTech NY Accepting Applications for Digital MGA Lab
Jun 2 2023 // InsurTech NY has opened its application window for its Digital Managing General Agency (MGA) Lab. Applications for the cohort will be accepted through July 15. InsurTech NY brings together carriers, brokers, investors, and...
People Moves: Buffalo Agent Walsh Elected Big I New York Chair
Jun 2 2023 // Buffalo Executive Walsh Elected Big I New York Chair of the Board Insurance producer trade organization Big I New York elected Edward F. Walsh as its chair of the board for the 2023-2024 term. Walsh is chief executive...
Union Cleaning Workers in New York City Sue Twitter Over Back Pay
Jun 1 2023 // Eleven former Twitter cleaning workers at its New York City offices sued the company Tuesday, saying they are owed hundreds of thousands of dollars in back pay and damages after they were abruptly fired in December. The...
America’s Venice? Study Finds New York City Is Slowly Sinking From Its Own Weight
Jun 1 2023 // If rising oceans aren’t worry enough, add this to the risks New York City faces: The metropolis is slowly sinking under the weight of its skyscrapers, homes, asphalt and humanity itself. New research estimates the...
Cyber Insurance Attorney Charged With Serial Rape, Kidnapping 15 Years Ago
May 31 2023 // The Federal Bureau of Investigation and Boston Police reported they have arrested a cyber insurance attorney in connection with a series of sexual assaults and kidnappings in the Boston area about 15 years ago. At a press...
New York City Enacts Law Banning Discrimination Based on Weight, Height
May 30 2023 // New York City Mayor Eric Adams has signed into law a bill to prohibit discrimination on the basis of a person’s height or weight in employment, housing, and public accommodations, with some exceptions. The New York...
Report Alleges Workers’ Compensation Abuse in New York Correctional Unit
May 26 2023 // A report by the New York State Inspector General alleges “egregious” abuse of a workers’ compensation loss wage benefit provision by state corrections and institution safety officers. The report blames a...
Special Report: How U.S. Doctors Buy Their Way Out of Trouble
May 24 2023 // When federal enforcers alleged in 2015 that New York surgeon Feng Qin had performed scores of medically unnecessary cardiac procedures on elderly patients, they decided not to pursue a time-consuming criminal...
People Moves: Lockton Adds Allianz’s Caruso; Verdi Joins Alliant From Gallagher; Marsh McLennan Agency Names Moher; Bischoff Joins Harford’s IT
May 23 2023 // Lockton Appoints Caruso Financial Institutions Practice Leader in the Northeast Lockton, based in Kansas City, Missouri, has appointed Joe Caruso as its financial institutions practice leader in the Northeast. Caruso is...
New York Dairy Farm Workers Gain $150K in Unpaid Wages
May 23 2023 // A settlement in New York in a wage theft case has resulted in two dairy farm workers receiving nearly $150,000 in back wages. The New York State Department of Labor (NYSDOL) said its investigators found that Lewis County...
University Employees Say They Were Fired for Using ‘He/Him,’ ‘She/Her’ in Emails
May 23 2023 // Shua Wilmot and Raegan Zelaya, two former dorm directors at a small Christian university in western New York, acknowledge their names are unconventional, which explains why they attached gender identities to their work...
People & Places
May 22 2023 // National Insurance broker Lockton promoted five key leaders into global roles. Troy Cook will continue in his role as chief financial officer and will also lead all finance and legal associates globally. After serving as...
Risks on Stage: New World, New Life in Entertainment Business
May 22 2023 // Spectator Safety, Natural Catastrophes, Rising Costs Top Concerns Today As theater shows and live events return to full force this year coming off pent-up demand, underwriters are placing extra scrutiny on safety,...
Limo Service Manager Convicted of Manslaughter in New York Crash That Killed 20
May 19 2023 // A limousine service manager was convicted of manslaughter Wednesday in a crash that killed 20 people in rural New York, one of the deadliest U.S. road wrecks in two decades. Jurors reached their verdict during their second...
Jurors Hear Closing Statements at Trial Over Fatal New York Limo Crash That Killed 20
May 18 2023 // The operator of a limousine company who has been accused of acting recklessly and causing the deaths of 20 people, is not to blame for the 2018 upstate New York crash, because he tried his best to repair and maintain the...
Wrongful Death Lawsuit Filed Over Buffalo Massacre Targets Social Media
May 17 2023 // A wrongful death suit has been filed on behalf of victims’ relatives, survivors and others affected by the 2022 racially-motivated shooting at Tops Friendly Markets in Buffalo where 10 people were killed, all of them...
