Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Commercial clients should know who’s behind the wheel
Aug 6 2007 // Every insurance agent dreads the call from a business owner reporting a major claim. In many of these situations, the business failed to take the steps that could have prevented a loss. Unfortunately, even astute business...
N.Y. Gov. Spitzer put on defensive by aides
Aug 6 2007 // New York Governor Eliot Spitzer made his name as a corruption fighting attorney general who forced reforms on Wall Street and the insurance industry. As governor, he promised to take that campaign to Albany and end the...
Commercial Lines Leaders
Aug 6 2007 // About the Commercial Lines Leaders: The Commercial Lines Leaders in this special feature are taken from Insurance Journal’s Top 100 Property Casualty Independent Agencies as reported in April. This list utilizes only...
The Hartford settlement with attorneys general ends agents’ contingent
Aug 6 2007 // The Hartford Financial Services Group Inc. announced it has reached a settlement with the New York, Connecticut and Illinois attorneys general resolving matters relating to their investigations of the compensation...
N.Y. Firms, Residents Hurt by Steam Blast Eligible for Federal Loans
Aug 3 2007 // New York Governor Eliot Spitzer and New York City Mayor Michael R. Bloomberg announced that the federal Small Business Administration (SBA) has issued a physical and economic injury disaster declaration for the Boroughs of...
N.Y. City Rules Would Require Permits, Insurance of Photographers
Aug 2 2007 // Filmmakers, photographers and civil liberties advocates are protesting proposed rules for New York City that would require permits and $1 million insurance policies for people trying to film or take pictures in one of the...
N.Y. Insurance Department Names Four to Key Posts
Aug 2 2007 // New York Superintendent of Insurance Eric Dinallo has named four individuals to new leadership positions within the New York State Insurance Department. Dr. Hampton Finer has been named Deputy Superintendent for Rates and...
Two N.Y. Firms Shut Down for Failure to Buy Workers’ Comp
Jul 31 2007 // The New York State Workers’ Compensation Board reports it has ordered two businesses to close immediately for failing to comply with workers’ compensation laws. This is the second set of closures ordered under...
Merchants Preferred Opens for Business in N.Y.
Jul 30 2007 // Merchants Mutual Insurance Co. reports that its recently formed subsidiary, Merchants Preferred Insurance Co., is now accepting business in New York, effective Aug. 1. Merchants Preferred is a wholly-owned subsidiary of...
NYMAGIC Affiliate to Write Smaller Surplus Lines Risks in New York
Jul 26 2007 // Southwest Marine and General Insurance Co., an affiliate of NYMAGIC, Inc., said it has been approved by the Excess Lines Association of New York (ELANY) to write surplus lines business in the state of New York. Another...
N.Y. Gov. Spitzer Put on Defensive Over Aides’ Political Tactics
Jul 25 2007 // New York Governor Eliot Spitzer made his name as a corruption fighting attorney general who forced reforms on Wall Street and the insurance industry. As governor, he promised to take that campaign to Albany and end the...
N.Y. City Safety Officials Reassure Public After Steam Pipe Blast
Jul 25 2007 // Although last week’s steam pipe explosion in New York City raised worries about the city’s vulnerability to attacks, law enforcement officials said this week they aren’t concerned that it might have given...
N.Y. names med malpractice task force after approving 14% hike
Jul 23 2007 // Regulators in New York approved a 14 percent increase in medical malpractice insurance rates and Gov. Eliot Spitzer formed a task force to find ways to rein in the high cost of the coverage. The state insurance department...
INHALANTS NOT INCLUDED UNDER DRUNK DRIVING LAW, N.Y. HIGH COURT RULES
Jul 23 2007 // A motorist accused of “huffing” stimulants from an aerosol can before getting into a deadly wreck cannot be charged with driving while intoxicated, New York’s highest court ruled recently. The Legislature...
N.Y. to slash workers’ comp rates 20.5%
Jul 23 2007 // Rates for workers’ compensation in New York will decline by more than 20.5 percent — the biggest cut in more than 20 years — saving employers about $1 billion, according to state officials. Gov. Eliot...
Inhalants not included under drunk driving law, N.Y. high court rules
Jul 23 2007 // A motorist accused of “huffing” stimulants from an aerosol can before getting into a deadly wreck cannot be charged with driving while intoxicated, New York’s highest court ruled recently. The Legislature...
N.Y. names med malpractice task force after approving 14% hike
Jul 23 2007 // Regulators in New York approved a 14 percent increase in medical malpractice insurance rates and Gov. Eliot Spitzer formed a task force to find ways to rein in the high cost of the coverage. The state insurance department...
Business Moves
Jul 23 2007 // Willis, InsuranceNoodle Willis Group Holdings Limited, the global insurance broker, has acquired Chicago-based InsuranceNoodle, an Internet distributor of U.S. small business insurance. Terms of the transaction were not...
Marsh Appoints Five Execs to Lead Middle Market Operations
Jul 19 2007 // Insurance broker and risk advisor Marsh Inc. announced the appointment of five senior insurance brokerage executives to lead the firm’s Middle Market operations in New York, Los Angeles, Boston, San Francisco, and...
N.Y. Reforms Credited with Shaving Workers’ Comp Rates by 20.5%
Jul 12 2007 // Rates for workers’ compensation insurance in New York will decline by more than 20.5 percent, —the biggest cut in more than 20 years — saving employers about $1 billion, according to state officials. Gov. Eliot...
