Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Construction Safety Reaches Crisis in New York City
May 19 2008 // A rash of accidents has killed 13 people in the last five months at construction sites across New York City, leaving builders and safety officials on edge as they look for ways to improve safety conditions for workers and...
AIG Investors, N.Y. Regulator Mull Former CEO Greenberg’s Words
May 19 2008 // Maurice “Hank” Greenberg’s withering criticism of American International Group Inc. has yet to win widespread support for a revolt against the current management of the giant insurer he used to run. There...
N.Y. Lawmakers Welcome Governor’s Bid for Stricter Physician Oversight
May 16 2008 // State lawmakers say New York Gov. David Paterson’s proposal to increase doctor oversight and prevent misconduct has a good chance of passing this session — but with changes. Assembly Health Committee Chairman...
N.Y. County to Contractors: Prove Workers Are in U.S. Legally
May 16 2008 // A new law has been passed requiring all of Suffolk County’s (New York) 17,000 licensed contractors to prove their workers are in the United States legally. Critics claim the legislation — passed by the county...
N.Y. Gov. Paterson Seeks Stronger Oversight to Catch Bad Doctors
May 15 2008 // New Yorkers would be let in on the secret when their doctor is charged with misconduct under a proposal by New York Gov. David Paterson. The measure would end the protection for doctors against disclosure of the charges...
New York Agents Want to Rein in State Workers’ Comp Insurer
May 9 2008 // A trade group for New York insurance agents wants to rewrite the laws governing the New York State Insurance Fund – a nonprofit state agency which is New York’s largest workers’ compensation insurer...
CRM First Quarter Reflects Self-Insured Group Closings in N.Y.
May 7 2008 // Workers’ compensation insurance firm CRM Holdings, Ltd. reported that net income increased 71.7% to $5.0 million, from $2.9 million a year ago, but fee income plummeted due in part to the closing of CRM’s...
N.Y. City Wants U.S. To Pay 9/11 Health Care Costs
May 5 2008 // New York City Mayor Michael Bloomberg has called on the federal government to pay $150 million a year in medical bills for workers and residents who suffered health effects from the Sept. 11, 2001, attacks. After the World...
N.Y. to Lower Reservoirs to Reduce Flood Risk for Delaware River Towns
May 5 2008 // At the request of Pennsylvania Gov. Ed Rendell, New York City has agreed to release more water from its reservoirs in the Catskills in an effort to reduce the danger of flooding in communities downstream along the Delaware...
Travelers Personal Lines Consolidation Hits N.J., Mass., N.Y.
May 5 2008 // Travelers Insurance is consolidating some of its personal lines business center activities across the country, a plan that will mean fewer jobs in Massachusetts and New Jersey but more in upstate New York. Travelers...
People
May 5 2008 // Charlotte, N.C.-based wholesale insurance broker AmWINS Group, Inc. has named James Drinkwater president of its AmWINS Brokerage division. Drinkwater will be responsible for the day-to-day management of the division. Prior...
N.Y. Landlord Liable for Injury to Tenant’s Contractor Under ‘Strict Liability’
May 5 2008 // New York’s highest court has ruled that a Manhattan high-rise owner is liable for injuries to a tenant’s workman, even though the worker was hired without the landlord’s consent in violation of the...
N.Y. Car Repair Shops Can Rebate Deductibles
May 5 2008 // Allowing car repair facilities to pay all or part of a deductible to an insured does not constitute a rebate prohibited under New York law, lawyers for the state’s insurance department have decided. The reasoning?...
New York: Workers’ Comp Insurers Can Stop Security Fund Payments
May 2 2008 // Workers’ compensation insurers in New York can cease making payments into the state’s security fund for that coverage, now that the fund has amassed at least $74 million in assets, the Insurance Department...
New York Agents’ Group Gets New Lobbyist
Apr 30 2008 // Jill R. Muratori has joined Albany-based Barrett Associates as its new vice president and counsel, and will serve as a lobbyist for the Independent Insurance Agents and Brokers of New York. It will be familiar ground for...
Ironshore Approved as E&S Insurer in New York
Apr 28 2008 // The Excess Line Association of New York has approved Ironshore Insurance Ltd. as an eligible excess and surplus lines insurer in the Empire State. Ironshore – a Hamilton, Bermuda-based specialty insurer with roughly...
N.Y. High Court Says Landlord Liable for Injury to Tenant’s Contractor
Apr 28 2008 // New York’s highest court ruled that a Manhattan high-rise owner is liable for injuries to a tenant’s workman, even though the worker was hired without the landlord’s consent in violation of the lease. The...
Construction Worker Hurt in Scaffold Fall at NYC Arts Center
Apr 25 2008 // Only hours after New York City announced plans to ratchet up scrutiny of construction dangers, a construction worker was seriously hurt in a 25-foot plunge off a scaffold at Lincoln Center for the Performing Arts,...
New York: Car Repair Shops Can Rebate Deductibles
Apr 22 2008 // Allowing car collision repair facilities to pay all or part of a deductible to an insured does not constitute a rebate prohibited under New York law, lawyers for the state’s insurance department have said. The...
It Figures
Apr 21 2008 // $40 Million Increased amount in assessments levied on New York insurers as part of the Empire State’s 2008 budget, a 20 percent increase in the fees. The assessments come on top of a mandatory 2 percent premium tax...
