Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Key New York workers compensation reform proposals
Mar 12 2007 // Key elements of the proposed reform package as released by Gov. Spitzer’s office are as follows: The maximum weekly benefit for injured workers will be increased from $400 to $500 in the first year, $550 in the...
N.Y. Gov. Spitzer, labor, business reach workers’ comp reform accord
Mar 12 2007 // But workers’ comp insurers are nervous that cost savings promised by the reforms’ supporters may not materialize New York Governor Eliot Spitzer and legislative leaders have reached an agreement to reform the...
N.Y. City, other U.S. centers need federal terrorism insurance to compete globally, says Supt. Dinallo
Mar 12 2007 // News Currents A continuing federal role in terrorism insurance is important so that U.S. financial centers including New York City can continue to compete with international markets, many of which are already covered by...
N.Y. Workers’ Comp Reform Sails Through Senate, Assembly
Mar 6 2007 // The New York State Senate and Assembly on Tuesday passed legislation its bipartisan backers hope will significantly reform the state’s workers’ compensation system and save employers as much as $1 billion. The...
In Manhattan: Agents, Insurers Renew Call for Federal Terrorism Insurance
Mar 5 2007 // In the heart of the world’s financial markets, insurance agents and companies today urged Congress to protect the country’s economic stability by ensuring availability of terrorism risk insurance through a...
U.S. Needs Terrorism Insurance to Compete Globally, Says N.Y.’s Dinallo
Mar 5 2007 // A continuing federal role in terrorism insurance is important so that U.S. financial centers including New York City can continue to compete with international markets, many of which are already covered by similar...
First Cardinal Adds 3 at N.Y. Headquarters
Mar 1 2007 // Workers’ compensation administrator First Cardinal LLC has announced several new hires at its Latham, N.Y. headquarters. Christopher J. Kownack has joined the claims department as claims representative. Susan Shafer...
Former Spitzer Unit Chief Peters to Head N.Y. Liquidation Bureau
Feb 28 2007 // Acting New York State Insurance Superintendent Eric Dinallo announced the appointment of Mark Peters as special deputy superintendent in charge of the New York Liquidation Bureau (NYLB). Peters, the former chief of the...
Dunn Joins Integro in N.Y.
Feb 27 2007 // Integro Insurance Brokers reported that James E. Dunn has joined the company’s New York office as a principal in the Property Practice. Dunn has nearly three decades of property claims experience. He joins Integro...
Lockton Expands N.Y. Property Practice, Adding Beegle as Senior V.P.
Feb 27 2007 // Privately-held insurance broker Lockton Companies, LLC has expanded its New York team with the addition of Ray Beegle as senior vice president and Property Practice leader. Beegle is responsible for New York’s...
N.Y. Gov. Spitzer Announces Workers’ Comp Reform Accord
Feb 27 2007 // New York Governor Eliot Spitzer and legislative leaders announced an agreement to reform the state’s workers’ compensation system that has the backing of business and labor. Under the agreement, benefits for...
The Commissioners: Thomas Hampton
Feb 26 2007 // D.C. growing its captive market, escaping worst of property pullbacks Thomas Hampton, commissioner of the District of Columbia Department of Securities, Insurance and Banking. Hampton, who was reappointed to his post by...
N.Y. CITY TARGETS SCAFFOLD SAFETY
Feb 26 2007 // Noting that an alarming number of accidents occurred on scaffolding suspended from the tops of skyscrapers in New York City last year, city officials recently presented several measures intended to improve safety. In 2006,...
Industry leaders debate federal versus state regulation with Democratic Congress shift
Feb 26 2007 // Could federal regulation of the insurance industry become a reality, now that Democrats control both the House and Senate in Congress?And are consumers and the insurance industry ready for such a scenario? Other financial...
Coming to the Rescue: States get ready to modernize surplus lines regulation
Feb 26 2007 // Bernd (Bernie) G. Heinze, executive director of the American Association of Managing General Agents (AAMGA), recalls a perfect example of the regulatory difficulties the surplus lines industry faces. A colleague at a...
Thomas Hampton, District of Columbia, Commissioner, Department of Securities, Insurance and Banking
Feb 25 2007 // Thomas Hampton, commissioner of the District of Columbia Department of Securities, Insurance and Banking. Hampton, who was reappointed to his post by Mayor Adrian M. Fenty in January, discusses the District’s...
N.Y. City targets scaffold safety
Feb 25 2007 // Noting that an alarming number of accidents occurred on scaffolding suspended from the tops of skyscrapers in New York City last year, city officials recently presented several measures intended to improve safety. In 2006,...
Business Moves
Feb 25 2007 // Royal & Sun A state hearing officer recommended Delaware’s insurance commissioner approve the proposed management buyout and eventual dissolution of Royal and Sun Alliance Insurance Group’s U.S....
Industry leaders debate federal versus state regulation with Democratic Congress shift
Feb 25 2007 // Could federal regulation of the insurance industry become a reality, now that Democrats control both the House and Senate in Congress? And are consumers and the insurance industry ready for such a scenario? Other financial...
Coming To The Rescue
Feb 25 2007 // Bernd (Bernie) G. Heinze, executive director of the American Association of Managing General Agents (AAMGA), recalls a perfect example of the regulatory difficulties the surplus lines industry faces. A colleague at a...
