Latest New York Headlines

People

Apr 21 2008 // Agency Specialty Product Network, a unit of Aon Corp., has named five new regional vice presidents. Rob Romano will head the Northeast Region, which comprises Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island,...

N.Y. Insurers Not Happy Over $40 Million in State Levies

Apr 21 2008 // The New York Insurance Association is criticizing the state Legislature’s passage of the portion of the 2008 budget which hikes assessments on insurers by $40 million — a 20 percent increase over last year, the...

N.Y. Rifle Maker Ships Loaded Guns

Apr 21 2008 // A rifle manufacturer asked arms dealers nationwide to make extra safety inspections after discovering it had accidentally shipped four guns loaded with live ammunition. Henry Repeating Arms, a maker of lever-action rifles...

N.Y. Says Marsh, Willis Complying With Bid-Rigging Pact

Apr 21 2008 // Insurance brokers Marsh and Willis are complying with the terms of their 2005 bid-steering settlements reached with the New York Insurance Department, according to an auditor’s report released by the state. “To...

Apr 21 2008 // People Michigan-based J.M. Wilson recently announced three new staff members, Danielle Crandell, Eric Maus and Jeanne Callan. Crandell was hired as a transportation underwriter. She will service commercial trucking...

New Markets

Apr 21 2008 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Liquor Liability Coverage Nuts &...

N.Y. City to Lower Catskills Reservoirs to Reduce Flood Risk to Pa.

Apr 18 2008 // At the request of 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...

N.Y. City Mayor Wants U.S. to Cover Health Costs from 9/11

Apr 18 2008 // New York City Mayor Michael Bloomberg on Thursday called on the U.S. government to pay $150 million a year to cover medical bills for workers and residents whose health suffered due to the Sept. 11, 2001, attacks. The...

WKF&C Agency Expands to Texas

Apr 18 2008 // Melville, New York-based managing general agent, WKF&C Agency Inc., announced it is expanding its nationwide casualty underwriting platform with the opening of a new office in Dallas, Texas. Industry veteran and...

New York Senate Tweaks Medical Malpractice Insurance Requirements

Apr 16 2008 // The New York State Senate has passed a bill that lowers the required level of primary medical malpractice coverage that a doctor must have to qualify for the state’s Excess Medical Malpractice Liability Insurance...

Travelers Personal Lines Consolidation Affects N.J., Mass., N.Y.

Apr 15 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...

Safety Checks Ordered After N.Y. Rifle Maker Ships Loaded Guns

Apr 8 2008 // A rifle manufacturer asked arms dealers nationwide to make extra safety inspections after discovering it had accidentally shipped four guns loaded with live ammunition. Henry Repeating Arms, a maker of lever-action rifles...

$40M Assessments Irk New York Insurers

Apr 7 2008 // The New York Insurance Association is criticizing the state legislature’s passage of the portion of the 2008 budget which hikes assessments on insurers by $40 million – a 20 percent increase over last year, the...

Cranes Looming Over Manhattan Pose Constant Risk

Apr 7 2008 // They are part of New York’s skyline: hundreds of spindly construction cranes like the one that toppled over the St. Patrick’s Day weekend, pulverizing parts of a city block below and killing seven people. As...

Consumer Groups Blast N.Y. Medical Malpractice Plan

Apr 7 2008 // Consumer and health advocacy groups in New York are criticizing a yet-to-be-made public plan to create a medical malpractice indemnity pool that would cover medical expenses for injured patients. Although no plan to create...

People

Apr 7 2008 // Gov. John Baldacci recently swore in Mila Kofman as superintendent of the Maine Insurance Bureau, Kofman has been an associate research professor at the Georgetown University, where she led health-related research projects...

New Markets

Apr 7 2008 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Liquor Liability with Assault and...

Long Island Agent Wins Award from National Trade Group

Apr 4 2008 // Vincent A. Alba, vice president of MRW Group Inc. in Huntington, New York, has been given the Barney Burns Award by the Independent Insurance Agents & Brokers of America. The award recognizes the insurance agent or...

Manhattan Crane Collapse Exposes Lack of Renters Insurance

Apr 3 2008 // The New York Insurance Department said only two of the 32 renters it surveyed following last month’s crane collapse in Manhattan had tenants insurance – a trend that underscores the lack of coverage for...

New York Says Marsh And Willis Complying with Settlement

Apr 1 2008 // Insurance brokers Marsh and Willis are complying with the terms of their 2005 bid-steering settlements reached with the New York Insurance Department, according to an auditor’s report released by the state. “To...