Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
2006 New Markets Report
Dec 24 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...
2006:a big year for P&C buyers and sellers of all shapes and sizes
Dec 24 2006 // JANUARY Hallmark Acquires Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark underwrites...
N.Y.-N.J. Ports Panel Urges Nationwide Cargo Standards, Security Czar
Dec 22 2006 // A port security task force this week urged that the nation adopt mandatory security standards for cargo and that the president appoint a port security czar to coordinate the federal agencies that oversee the nation’s...
N.Y. Officials Charge 8 with Commercial Fleet Insurance Fraud
Dec 21 2006 // Eight people were charged have been charged with defrauding insurance companies by registering commercial motor vehicle fleets in upstate New York to avoid higher premiums in New York City, Albany County District Attorney...
N.Y. City Crackdown on Drunk Driving Yields 11% More Arrests
Dec 20 2006 // More drivers in New York City who dared to get on the road while intoxicated last year found themselves in trouble with the law. Nearly 10,000 people were arrested in New York City for driving while intoxicated, the Daily...
Automakers Unhappy as Court Upholds Spitzer on Lemon Law
Dec 20 2006 // A claim by automakers that Attorney General Eliot Spitzer’s office misinterpreted New York’s lemon law in a way that favored consumers has been rejected by the state’s highest court. At issue was an...
Campbell, Bradway Join PWIB in N.Y.
Dec 19 2006 // John Campbell and Mark Bradway have joined PWIB, a wholesale insurance broker headquartered in Atlanta. Both will be located in the New York, N.Y. office. Campbell has been named assistant vice president in the property...
1st Amendment Protects Atkins Diet from Suit, Rules N.Y. Judge
Dec 15 2006 // The Atkins diet is protected by the First Amendment against the claims of a Florida man who said the low-carbohydrate meal plan was dangerous and to blame for his heart troubles, a federal judge in New York ruled this...
N.Y. Drywall Contractor Charged with Workers’ Compensation Fraud
Dec 15 2006 // A New York business owner faces charges of insurance fraud following his arrest by Manhattan District Attorney Robert Morgenthau’s office for allegedly defrauding the New York State Insurance Fund of more than...
N.Y. Gov.-Elect Spitzer Nominates Dinallo as Insurance Chief
Dec 15 2006 // Mass. Incoming New York Governor Eliot Spitzer will nominate Eric Dinallo, the former head of Spitzer’s own investment public protection division while he was attorney general and currently general counsel of Willis...
Former N.Y. Official Samers Promoted to Global Ethics Post at ACE
Dec 14 2006 // The ACE Group of Companies has appointed Audrey M. Samers global ethics and compliance officer, effective Jan. 1, 2007. Samers will be responsible for providing ethics and business practices guidance, educating the ACE...
AIG Global Buys U.S. Port Operations from Dubai Company
Dec 12 2006 // Dubai Ports World, the company whose planned takeover of major U.S. port operations ignited a political firestorm earlier this year, has agreed to sell those operations to AIG Global Investment Group. The company announced...
N.Y. auto profits hit
Dec 11 2006 // Auto insurance companies are profiting at unprecedented levels from New York drivers who are spending more on insurance premiums while the industry pays out less in claims, New York City Comptroller William C. Thompson Jr....
N.Y. AGENT RUNS FOR DISABLED VETERANS
Dec 11 2006 // John W. Bailey, of Dryden, N.Y., executive vice president of George B. Bailey Agency Inc., is an independent insurance agent who goes above and beyond to help those around him. Bailey completed the New York City Marathon...
People and Places
Dec 11 2006 // The van Aartrijk Group LLC, a Washington, D.C.-area marketing and communications firm, is augmenting its branding and public affairs capabilities with the promotion of one executive and addition of another, according to...
Zurich agrees to terms to close multi-state bid-rigging probe
Dec 11 2006 // In separate but related move, N.Y., Conn., Ill. tell four insurers contingent commissions no longer an option Ten states, led by Texas and its Attorney General Greg Abbott, have come to terms with Zurich American, closing...
Zurich agrees to terms to close multi-state bid-rigging probe
Dec 10 2006 // News Currents Ten states, led by Texas and its Attorney General Greg Abbott, have come to terms with Zurich American, closing their probe into the insurer’s involvement in alleged bid-rigging and unfair compensation...
Calif.’s Strongwood Buys N.Y.-Based Northeast Agencies Network
Dec 7 2006 // California-based Strongwood Insurance Holdings Corp., owner of Networked Insurance Agents in the western states, has acquired Northeast Agencies Inc., a Buffalo, N.Y.-based aggregator of commercial and personal lines for...
N.Y. Man Sentenced for Fraud in Dairy Barn Fire
Dec 1 2006 // Peter Mravlja of Decatur, N.Y., was officially sentenced subsequent to his plea of guilty to felony insurance fraud following a joint investigation into a suspicious fire at his dairy barn on April 20, 2003, according to...
N.Y. City Comptroller Hits Auto Insurers’ Profits; Insurers Hit Back
Nov 30 2006 // Auto insurance companies are profiting at unprecedented levels from New York drivers who are spending more on insurance premiums while the industry pays out less in claims, New York City Comptroller William C. Thompson,...
