Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Declarations
Mar 24 2008 // Long-Term Vision Needed “The nation needs to develop a new long-term vision for its highway system that would include improving conditions and safety and reducing traffic congestion.” —William M. Wilkins,...
N.Y. Insurance Chief Dinallo Keeps Putting Out Fires
Mar 24 2008 // A hard-charging former prosecutor tries to set Wall Street right from his perch as a state official. His activist agenda brings populist praise, but also concerns he might overreach. Eliot Spitzer as New York attorney...
It Figures
Mar 24 2008 // $1.9 Million New York-based aviation fueling company Allied Aviation Services Inc. has agreed to pay nearly $1.9 million to black and Hispanic workers at the Dallas-Fort Worth International Airport to settle a racial...
Pacific Underwriters Adopts (I-Bind)® For Private Company and Non-Profit Risks
Mar 20 2008 // New York, NY- March 20, 2008: Pacific Underwriters announced that it has partnered with Darwin Professional Underwriters to place management liability insurance for private company and not-for-profit risks utilizing...
Hundreds of Cranes Loom Over Dense New York City, Pose Constant Risk
Mar 19 2008 // They are part of New York’s skyline: hundreds of spindly construction cranes like the one that toppled over the weekend, pulverizing parts of a city block below and killing seven people. As the machines work...
Clarke Appointed EVP of Willis of New York
Mar 19 2008 // Willis Group Holdings has appointed Timothy Clarke as regional growth leader for the New York region and executive vice president of Willis of New York Inc. Clarke’s responsibilities include leading client retention...
New York Regulators Urge Homeowners to Buy Flood Insurance
Mar 19 2008 // The Insurance Department of New York is telling property owners they “should act now” to buy flood insurance, as saturated ground conditions could worsen with heavy spring rains and increase the potential for...
New York Rescuers Search for 3 Still Missing after Crane Collapse
Mar 18 2008 // Three people remained missing more than a day after a construction crane crashed down on a Manhattan neighborhood, killing at least four workers, injuring dozens and damaging six buildings. “There’s no sign of...
New York Legislature Rejects Hikes in Insurance Law Fines
Mar 17 2008 // A series of significant fine increases for violating New York insurance law – proposed by outgoing Gov. Eliot Spitzer – have been rejected by the state legislature, a move that one New York agents’ group...
2008 State Rankings: Sinners and Saints Among Tort Systems
Mar 14 2008 // Florida ranks the worst in terms of tort costs and litigation risks, while North Dakota ranks the best. In a separate ranking, Colorado has the best tort laws on its books, while Rhode Island has the worst. The free-market...
New York’s Incoming Governor Says Transition Is Going Well
Mar 14 2008 // Lt. Gov. David Paterson, who will take over as New York’s governor following Gov. Eliot Spitzer’s dramatic fall from power in a prostitution scandal, said that the state’s government is stable. Paterson...
New York Prosecutors Charge 11 in $6M Fake-Accident Insurance Scam
Mar 13 2008 // Eleven people, including three doctors, have been indicted on charges of running a medical mill that stole more than $6 million from insurance companies by staging fake car crashes and giving phony victims unneeded...
Time, Markets to Seal U.S. Municipal Insurance Fate, Says N.Y. Regulator
Mar 12 2008 // Some local governments might find they do not need insurance for their municipal bonds as bond insurers emerge from their current crisis, New York’s insurance industry regulator said on Wednesday. “Time and the...
N.Y. Gov. Spitzer Resigns; Paterson to Assume Post
Mar 12 2008 // New York Governor Eliot Spitzer said he would resign his position amid reports linking him to a prostitution ring as a client. The resignation is to be effective Monday, March 17. Spitzer will be succeeded as governor by...
AIG Expands Hurricane Service for High Net Worth Clients
Mar 11 2008 // AIG Private Client Group said it will begin offering its Hurricane Protection Unit service to some of it high net worth policyholders in New York, New Jersey and Florida. The service provides a hurricane mitigation...
New York Gov. Spitzer Linked to Prostitution Ring
Mar 10 2008 // New York Gov. Eliot Spitzer has informed his most senior administration officials that he had been involved in a prostitution ring, the New York Times reported on its Web site Monday, citing an administration...
Gov. Spitzer Apologizes; Calls Reports a ‘Private Matter’
Mar 10 2008 // In a brief statement to the press and public, New York Gov. Eliot Spitzer today appeared to address a report by The New York Times that he has been linked to a prostitution ring, apologizing to his family and the public...
Spitzer’s Targets Included Greenbergs, Analysts and Stock Exchange CEO
Mar 10 2008 // New York Gov. Eliot Spitzer, embroiled in a sex scandal that could force his resignation, made his reputation by prosecuting some of the most powerful players on Wall Street in the wake of the dot-com bubble collapse. The...
Wall Street Relishes ‘Sheriff’ Spitzer’s Fall from Grace
Mar 10 2008 // For years, he was the scourge of the Masters of the Universe and the Sheriff of Wall Street. Now he’s a joke. Legions of Wall Street’s bankers, traders and investors relished the dark clouds enveloping New York...
N.Y. Offers Towns Flood Prevention Money
Mar 10 2008 // Nine floods in four years is too much for New York officials, who have pledged $650,000 to help local governments battle future floods. The program, announced during a Flood Summit in Binghamton last month, includes...
