Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New York to Oversee AIG Sales; Regulate Credit Swaps as Insurance
Oct 6 2008 // New York State Insurance Superintendent Eric Dinallo, who heads a national panel of state regulators overseeing possible sales of assets by American International Group (AIG), has asked an investment advisory firm to...
Praise for N.Y. Insurance Chief Dinallo
Oct 6 2008 // New York officials helped giant insurer American International Group Inc. strike the historic loan deal with the Federal Reserve that is keeping AIG afloat. Gov. David Paterson called it “great news” that will...
Crane Safety Guidelines Needed
Oct 6 2008 // In March 2008 a construction crane collapsed into a neighborhood bar and nearby apartments in New York City, killing seven people. In Bellevue, Wash., in June 2006, a large crane fell into an apartment building killing a...
Crane Safety Guidelines Needed
Oct 6 2008 // In March 2008 a construction crane collapsed into a neighborhood bar and nearby apartments in New York City, killing seven people. In Bellevue, Wash., in June 2006, a large crane fell into an apartment building killing a...
Business Moves
Oct 6 2008 // Liberty Mutual, Safeco Boston-based Liberty Mutual Group finalized its acquisition of Seattle, Washington-based Safeco Corp. on Sept. 22 after entering the agreement in April. While improving its scale and geographic...
Crane Safety Guidelines Needed
Oct 6 2008 // In March 2008 a construction crane collapsed into a neighborhood bar and nearby apartments in New York City, killing seven people. In Bellevue, Wash., in June 2006, a large crane fell into an apartment building killing a...
Crane Safety Guidelines Needed
Oct 6 2008 // In March 2008 a construction crane collapsed into a neighborhood bar and nearby apartments in New York City, killing seven people. In Bellevue, Wash., in June 2006, a large crane fell into an apartment building killing a...
Brooke Corp. Faces Lawsuits by Illinois and New York Banks
Oct 3 2008 // Overland Park, Kansas-based Brooke Corp. faces a lawsuit by a bank that is seeking $13 million plus interest and costs for breach of contract. The suit was filed the last week in September 2008 in federal court in Illinois...
New York Judge: Nibble on Cinema Popcorn at Own Risk
Oct 2 2008 // Movie munchers beware! A New York judge says popcorn purchasers worried about breaking a tooth on unpopped kernels should nibble carefully — or eat something else. Insurance broker Steve Kaplan says he encountered a...
Habay Joins Reinsurance Broker Collins in New York
Oct 2 2008 // Gregory Habay, a New York-based reinsurance broker, has joined Collins as senior vice president, Robert Kimmel, executive vice president and co-leader of Collins’ broker force, announced. Habay most recently was a...
N.Y. Insurance Chief Would Vet Greenberg Bid for AIG Units
Oct 1 2008 // New York Insurance Superintendent Eric Dinallo, charged with overseeing any sales of American International Group Inc.’s insurance units, said Wednesday he would consider bids from former AIG CEO Maurice...
New York Signs Regulatory Pact with Bermuda
Sep 30 2008 // Insurance regulators in New York and Bermuda have signed an agreement that calls for closer cooperation between the two agencies in overseeing insurance matters. New York State Insurance Superintendent Eric Dinallo and...
New York Liquidation Bureau Closes Receivership of American Eagle
Sep 30 2008 // The New York Liquidation Bureau said it has completed all necessary steps to bring to a close the ancillary receivership in New York of American Eagle Insurance Company, a Texas-based property/casualty firm declared...
Equity Risk Partners Opens New York Office; Expands Nationwide
Sep 30 2008 // Equity Risk Partners, Inc. (ERP), the only full service insurance brokerage and consulting firm focused exclusively on the private equity industry, has opened the doors to its new Manhattan office in conjunction with a...
New York Young Insurance Professionals Elects Officers
Sep 29 2008 // The New York Young Insurance Professionals, an affiliate of the Professional Insurance Agents of New York trade group, elected new officers at its annual business meeting earlier this month. Those new officers are: —...
New York Insurance Regulator to Oversee AIG Asset Sales
Sep 26 2008 // New York State Insurance Superintendent Eric Dinallo, who heads a national panel of state regulators overseeing possible sales of assets by American International Group (AIG), has asked an investment advisory firm to help...
Zurich Makes Group Risk Management Appointments in Europe, U.S.
Sep 25 2008 // Zurich Financial Services has announced the following appointments within its Risk Management Group. Adrian Zweig (50, Swiss citizen), currently Head of Strategic Asset Allocation and Asset and Liability Management (ALM),...
Retried New York Lawmaker Gets $140K Insurance Post
Sep 24 2008 // A former assemblyman from Queens has been hired to a newly created $140,000-a-year state job — in spite of the governor’s own orders putting a freeze on hiring. The Daily News reports that retired Assemblyman...
New York Insurance Chief Urges Caution on AIG Policy Switching
Sep 23 2008 // AIG’s insurance companies are financially sound, with substantially more in assets than they need to pay all valid present and projected claims, New York Insurance Superintendent Eric Dinallo said. Dinallo also...
New York to Begin Regulating Part of Credit Default Swap Market
Sep 23 2008 // New York Governor David A. Paterson said that New York State will, beginning in January, regulate part of the credit default swap market which has to date been unregulated and has been a major contributor to the emerging...
