Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New York Construction Company Fined for Worker’s Accidental Electrocution
Aug 8 2008 // A Brooklyn construction company has been fined in the electrocution of a worker earlier this year. The Occupational Safety and Health Administration issued $15,000 in fines to CKR Construction in the death of 44-year-old...
New York Law Increases Penalties for Bribing Crane Inspectors
Aug 8 2008 // New York Governor David Paterson has signed into law new criminal and civil penalties for crane inspectors who falsify their inspection reports, and those who try to interfere with the crane inspection...
Two New York City Window Washers Die in Accident
Aug 7 2008 // New York City police say two men washing windows at a building in downtown Manhattan were killed when the vehicle carrying their lift tipped over. Detective John Sweeney says the accident occurred early Tuesday at the...
Feds Charge 11 in Biggest-Ever Identity Theft Case
Aug 7 2008 // Authorities in Boston have cracked what is believed to be the largest federal hacking and identity theft case ever, involving the theft and sale of more than 41 million credit and debit card numbers. Eleven people,...
High Gas Prices Lead GEICO to Drop New York Auto Rate Hike
Aug 7 2008 // One of New York state’s largest auto insurers, GEICO, agreed to drop two requests for rate hikes after a plea by the state’s top regulator to consider the effect of high gas prices on customers’ driving...
Two New York Contractors Face Workers’ Comp Fraud Charges
Aug 5 2008 // A New York contractor and the sub-contractor he hired are both facing charges of workers’ compensation fraud following their arrests by New York State Police. Police arrested Phillip Gish, 70, of East Aurora, N.Y. on...
People
Aug 4 2008 // Narragansett Bay Insurance Co. of Pawtucket, Rhode Island has named Mark Talerico chief risk officer. Talerico will oversee Narragansett’s distribution of risk in homeowners insurance, and guide the insurers exposure...
There’s No Crying in Insurance
Aug 4 2008 // Hearing Aon, Marsh and Willis complain about a supposed lack of a level playing field is a bit like the Yankees or Red Sox carping about the Royals or Twins. There may be some truth to the complaints aired at recent New...
Contingent Commissions Legal, N.Y. Court Rules
Aug 4 2008 // In a twist to a scandal that has rocked the insurance industry in the past several years, a New York appeals court recently ruled that contingent commissions paid out by Boston-based Liberty Mutual Group Inc. are not...
The Spitzer Error
Aug 4 2008 // Liberty Mutual downplayed its recent victory when the New York Supreme Court declared that contingent commission agreements are not illegal. “Contingent commission agreements between brokers and insurers are not...
The Spitzer Error
Aug 4 2008 // Liberty Mutual downplayed its recent victory when the New York Supreme Court declared that contingent commission agreements are not illegal. “Contingent commission agreements between brokers and insurers are not...
High Cost of N.Y. City Construction Due to Land, Wages, Materials, Insurance
Jul 31 2008 // Construction costs in New York are far higher than in other major U.S. city due to factors ranging from hefty wages, high land prices and costly insurance, according to a survey by a trade group coalition. Costs in New...
New York Woman Pleads Guilty in $38K Insurance Fraud Scheme
Jul 31 2008 // An Albany, New York woman who removed all her belongings from her home the day before it mysteriously caught fire has pleaded guilty to insurance fraud. Kim M. Laporte, 39, later filed a $38,000 claim under her...
New York Same-Sex Couple Wins Fight Against Health Insurer
Jul 30 2008 // The New York Civil Liberties Union says a lesbian couple who married in Canada have won their fight against a western New York insurance company over spousal health care benefits. The NYCLU sued Blue Cross & Blue...
New York Governor Signs Late-Notice Reform Bill
Jul 29 2008 // New York Gov. David A. Paterson has signed into law legislation that makes it more difficult for insurers to deny claims based on “late notice” provisions. The legislation requires insurers to clearly...
Workers’ Compensation History: The Great Tradeoff!
Jul 29 2008 // Eighteenth century pirates and a nineteenth century German “Iron” Chancellor preceded the United States in the creation of a social system for the protection of injured workers. The modern workers’...
Under The Microscope: Spitzer-Era Ban On Insurer Fees
Jul 28 2008 // Insurance brokerages who lost billions of dollars in revenue under a ban imposed by former New York Attorney General Eliot Spitzer told state regulators on Friday that the rules were never applied universally, and should...
New York Law Aids Livery Drivers’ Access to Workers’ Compensation
Jul 28 2008 // New York livery drivers will now have better access to workers’ benefits. Gov. David A. Paterson announced Friday that he has signed a law to aid the drivers in New York City, and in Westchester and Nassau...
Chubb: Lessons in Globalizing an Insurance Brand
Jul 24 2008 // Chubb Insurance, founded in 1882 in New York, today sells in 28 countries and has about 120 offices throughout North America, Europe, South America, and the Pacific Rim, serving its property and casualty customers. While...
New York Agents Support Expansion of Excess & Surplus Export List
Jul 23 2008 // Insurance agents and brokers in New York have called upon state officials to ease the rules for how agents obtain coverage for some high-risk policies. The Excess Line Association of New York has proposed adding dozens of...
