Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Authorities Make Arrests in NYC Terror Plot at JFK Airport
Jun 5 2007 // Federal authorities announced they had broken up a suspected Muslim terrorist cell planning a “chilling” attack to destroy John F. Kennedy International Airport, kill thousands of people and trigger an economic...
People and Places
Jun 4 2007 // Emeryville, Calif.-based Commodore Insurance Services Inc. appointed Mark Cravens president. Cravens was recently with Wellington Underwriting, which was acquired by Catlin, where he led development of catastrophe modeling...
Personal Lines LEADERS
Jun 4 2007 // About the Personal Lines Leaders: The Personal 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...
People
Jun 4 2007 // New York Superintendent of Insurance Eric Dinallo announced the appointment of 11 senior executives to positions on the Insurance Department’s leadership team. Kermitt J. Brooks has been named first deputy...
People
Jun 4 2007 // Emeryville, Calif.-based Commodore Insurance Services Inc. appointed Mark Cravens president. Cravens was recently with Wellington Underwriting, which was acquired by Catlin, where he led development of catastrophe modeling...
Personal Lines Leaders
Jun 4 2007 // Agency Name 2006 Personal Personal Total 2006 Main Office Main Office Web site Lines Lines P/C Premiums City State Premium Revenue Written 1 Keystone Insurers Group $316.0 million $39.5 million $790.0...
Ratings Roundup: Safeco; GNY Group; American Road; Auto Owners
May 31 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A” (Excellent) and the issuer credit ratings (ICR) of “a+” of the Safeco Insurance Companies and its members. Best has also...
N.Y. Gov. Spitzer Vows to Modernize State’s Financial Services Regulation
May 31 2007 // New York Governor Eliot Spitzer has created a commission to identify ways for New York to enhance its status as a world financial capital by modernizing its regulatory scheme and perhaps merging state regulation of...
Let Ground Zero Rebuilding Begin: Spitzer Brokers Settlement with 7 Insurers
May 23 2007 // New York Governor Eliot Spitzer and Insurance Superintendent Eric R. Dinallo announced that they have negotiated a $2 billion settlement between Silverstein Properties and seven insurance companies covering all outstanding...
Jury Awards $11.4 Million to Victims in N.Y. Diocese Sex Abuse Case
May 23 2007 // Several civil lawsuits have arisen from allegations of sexual abuse in the Roman Catholic church, but few have gone to trial. Most were settled out of court. In what victims’ lawyers called a powerful message to the...
2007 Property/Casualty State Specialist Insurers
May 21 2007 // 1 Brickstreet Mutual Insurance Co. WV 765,963 2 Texas Mutual Insurance Co. TX 743,095 3 Old American Cty Mutual Fire Insurance Co. TX 491,641 4 SAIF Corp. OR 449,794 5 Universal Property & Casualty...
Jury awards N.Y. man $30 million
May 21 2007 // A 44-year-old New York man has been awarded $30.3 million for career-ending injuries when he fell from a ladder five years ago. Peter E. Bissell, of Sanborn, N.Y., suffered severe spinal and other injuries in 2002, in a...
Jury awards N.Y. man $30 million for injuries sustained in fall from ladder
May 21 2007 // A 44-year-old New York man has been awarded $30.3 million for career-ending injuries when he fell from a ladder five years ago. Peter E. Bissell, of Sanborn, N.Y., suffered severe spinal and other injuries in 2002, in a...
N.Y. Supt. Dinallo Names New Leadership Team
May 21 2007 // New York Superintendent of Insurance Eric Dinallo announced the appointment of 11 senior executives to positions on the Insurance Department’s leadership team. Kermitt J. Brooks has been named first deputy...
Penniless N.Y. Man Unaware of Alleged Insurance Plot to Kill Him
May 17 2007 // A Harlem vagrant ravaged by a lifetime of hard drinking testified this week that he was clueless about a purported plot by an insurance agent to take out more than $500,000 in fraudulent policies on his life before trying...
N.Y. Big ‘I’ Celebrates 125th Year; Zogby Installed as President
May 16 2007 // The newly elected chair of the Independent Insurance Agents & Brokers of New York, Inc. believes the same standards that first established IIABNY 125 years ago are still evident today. Advancing business interests...
Resident Sues N.Y. Yankee Cory Lidle’s Estate Over Plane Crash
May 14 2007 // Stephane Sparta was at home in his 31st floor apartment when New York Yankees pitcher Cory Lidle’s small plane crashed into the floor below. The plane didn’t hit Sparta, “but it gave him quite a...
Prosecutor: Insurance Motive in N.Y. Plot That Claimed 4 Lives
May 11 2007 // Ronald Mallay doesn’t deny that in the 1990s he tried to make money by investing in life insurance policies taken out on fellow Guyanese immigrants in Queens, some of them his relatives. His lawyer, Kenneth Kaplan,...
Survey: Geico, NY Life Rank High in Brand Loyalty
May 10 2007 // Among insurance companies, NY Life and Geico rank highest in brand loyalty, according to the 2007 Brand Keys Customer Loyalty Engagement Index. The index, which examines customer relationships with 362 brands in 55...
Magaril to Head Insurer Group’s N.Y. Office in Albany
May 9 2007 // The Property Casualty Insurers Association of America (PCI) has appointed Paul Magaril as regional manager and counsel of its New York office in Albany. Magaril will assist PCI members and handle state legislative and...
