Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
N.Y. mobile command
Sep 25 2006 // The New York State Forum, a part of the Rockefeller Institute of Government, is giving a Best Practices Award to the New York State Insurance Department for its acquisition and launch of a Mobile Command Center. “The...
Aon freed to accept contingent pay when serving as managing general agents
Sep 25 2006 // Aon Corporation said it has obtained agreement from five agencies in three states to amend its settlement agreements so that it can accept contingent compensation from an insurer for which Aon is acting as a general agent...
Business Moves
Sep 25 2006 // Progressive, Mass. Commercial Auto Massachusetts is about to get a new auto carrier — for commercial, not personal, lines. Progressive Insurance is awaiting approval of rate and form filings from the Massachusetts...
People
Sep 25 2006 // Miami insurance agent Alex Soto has been inaugurated as the new president of the Independent Insurance Agents & Brokers of America (the Big “I”), with Robert E. Fulwider and C. Brett Nilsson assuming the...
AIG Political Contributions by Subsidiaries Questioned in N.Y.
Sep 21 2006 // Major corporations based in New York such as American International Group Inc. have legally contributed many times more than the corporate limit to political candidates who regulate their businesses, state and...
Marsh & McLennan Cutting 750 Jobs
Sep 18 2006 // Marsh & McLennan Cos. Inc., the world’s biggest insurance brokerage, said last Friday it will cut 750 jobs, consolidate some locations and revamp its information technology structure to cut costs. Marsh &...
FBI: Overall N.Y. Crime Rate Continues Decline; Car Thefts Down 13%
Sep 18 2006 // Overall crime rates continued to decline in New York during 2005 as vehicle thefts dropped almost 13 percent and robberies edged up from 2004, according to a Federal Bureau of Investigation report. The rate of violent...
Greater N.Y. Mutual Chairman Heck Honored for Service
Sep 18 2006 // Warren Heck, chairman and chief executive officer of Greater New York Mutual Insurance Company, New York, N.Y., is the 2006 recipient of the NAMIC’s Chairman’s Award from the National Association of Mutual...
Husband Arrested in Stabbing Death of Chubb Employee in N.Y.
Sep 17 2006 // The estranged husband of a woman stabbed to death while walking to work has been arrested in her slaying, police said Friday. Richard Allende, 41, was arrested on suspicion of second-degree murder. The stabbing occurred at...
ACE Appoints Kirchgaessner Global Corporate Development Officer
Sep 15 2006 // The ACE Group of Companies announced the appointment of Rainer Kirchgaessner as Global Corporate Development Officer. He is joining ACE from General Electric, where he was a business development executive in their...
Flooded Pa. Homeowners Blame Spillover from N.Y. City Reservoirs
Sep 7 2006 // New York City’s thirst for drinking water is clashing with Anthony Harlacher’s desire not to be flooded. Harlacher, who has endured three major floods in two years, is spending tens of thousands of dollars to...
Aon Freed to Accept Contingent Pay When Serving as MGA
Sep 7 2006 // Aon Corporation said it has obtained agreement from five agencies in three states to amend its settlement agreements so that it can accept contingent compensation from an insurer for which Aon is acting as a general agent...
McGowan Joins Beecher Carlson Executive Liability Team in N.Y.
Sep 6 2006 // Insurance broker Beecher Carlson has expanded its New York Executive Liability team with the addition of Michael McGowan as producer. Prior to joining Beecher Carlson, McGowan served as national sales and marketing manager...
Study: Seven Out of 10 WTC Rescuers Have Suffered Lung Problems
Sep 6 2006 // Nearly seven out of every ten World Trade Center responders suffered lung problems during or after their work at ground zero, and high rates of lung “abnormalities” continued years after the 2001 terrorist...
N.Y. Mobile Command Center Wins Best Practices Award
Sep 6 2006 // New York Superintendent of Insurance Howard Mills announced that The New York State Forum, a part of the Rockefeller Institute of Government, is giving a 2005-2006 Best Practices Award to the New York State Insurance...
Five Seek to Define N.Y. Attorney General Role After Spitzer
Sep 5 2006 // Democrat Eliot Spitzer has tackled illegal trading on Wall Street and fraudulent deals in the insurance industry and sued the federal government to force environmental protections in his nearly eight years as attorney...
USI Holdings Buys Leader Associates and Emerson Reid, N.Y.-N.J. Agencies
Sep 5 2006 // USI Holdings Corporation has acquired Melville, N.Y.-based Leader Associates. The acquisition is expected to contribute approximately $9 million in revenue to USI on an annual basis. Terms of the transaction were not...
James J. Donelon, Louisiana, Commissioner of Insurance
Sep 4 2006 // With his state still in recovery mode after last year’s Hurricanes Katrina and Rita, Louisiana Commissioner of Insurance Jim Donelon is arguably one of the busiest state insurance regulators in the U.S. While...
Higher office
Sep 4 2006 // The race to succeed Eliot Spitzer, recognized thorn in the side of the insurance industry, as New York attorney general is underway. Five candidates are running. Four Democrats, all public sector professionals, are vying:...
N.Y. speeds up benefits to 9/11 rescue workers
Sep 4 2006 // New York State has adopted a trio of laws designed to speed workers’ compensation benefits for workers and their families with claims related to 9/11 rescue efforts. The first new law enables many workers who became...
