Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
N.Y. Title Insurance Rates Slashed
Jun 30 2006 // New York Superintendent of Insurance Howard Mills and Attorney General Eliot Spitzer announced that the insurance department has approved 15 percent rate reductions for title insurance companies that cumulatively have 93...
Thousands Evacuated After Maryland Storms
Jun 29 2006 // The deluge of rain that caused flooding in the nation’s capital and elsewhere in the East forced the evacuation of more than 2,200 people near a rising lake on Wednesday and washed out part of a four-lane highway. At...
Donnellan Named N.Y. Deputy Superintendent
Jun 29 2006 // New York Superintendent of Insurance Howard Mills announced the appointment of Susan Donnellan as the New York State Insurance Department’s Deputy Superintendent and General Counsel. Donnellan had been the...
World Trade Center Developer, Port Authority Sue Insurers
Jun 26 2006 // The Port Authority of New York and New Jersey, together with World Trade Center developer Larry Silverstein, is suing seven insurers over delays in payments they say are needed to rebuild on the site of the Sept. 11, 2001...
FBI Data Shows N.Y. City Continues on Safety Spree
Jun 26 2006 // New York City continues to reduce overall crime to levels not seen in decades and remains the safest big city in America, according to officials. Mayor Michael R. Bloomberg and Police Commissioner Raymond W. Kelly, citing...
N.Y. City, Contractors Seek Immunity from Emergency Worker Lawsuits
Jun 25 2006 // A lawyer asked a judge last Thursday to protect New York City and about 150 private contractors from lawsuits filed by thousands of emergency workers who got sick after working in the dust of the World Trade Center. The...
Federal Insurance Antitrust Exemption: Insurer, Consumer Friend or Foe?
Jun 22 2006 // Congress opened a fresh debate on the insurance industry’s exemption from federal antitrust laws this week, with some larger insurers indicating a willingness to relinquish the exemption in exchange for regulatory...
N.Y. Restaurant Workers’ Comp Safety Group Pays 40% Dividend
Jun 22 2006 // United Restaurants of New York Workers’ Compensation Safety Group #556 has paid a 40 percent dividend to approximately 775 members for policies through Sept. 30, 2005, according to the group’s manager, The...
More N.Y. Self-Insured Workers’ Comp Groups Shutting Down
Jun 21 2006 // Two more self-insured workers’ compensation groups in New York will close over the next several months, bringing the year’s tally to five, as officials continue to enforce stricter financial standards. The...
Integro Hires Rolfe to Lead Aviation Practice in N.Y. Office
Jun 20 2006 // Terry Rolfe has been appointed a principal and has been named to head up insurance broker Integro’s New York Aviation Practice. Rolfe joins Integro from Marsh, Inc., where she served as a senior vice president and...
Allstate dropping most earthquake coverage nationwide
Jun 19 2006 // Allstate Insurance Co. says it is dropping earthquake insurance to most of its 407,000 quake customers nationwide as a part of a larger move to reduce exposure to catastrophic losses. Allstate Spokesman Mike Siemienas in...
More N.Y. self-insured comp trusts close
Jun 19 2006 // Two more self-insured workers’ compensation groups in New York will close over the next several months, bringing the year’s tally to five, as officials continue to enforce stricter financial standards. The...
Business Moves
Jun 19 2006 // HealthNow N.Y., Brokerage Concepts HealthNow New York Inc., parent company of BlueCross BlueShield of Western New York and BlueShield of Northeastern New York, is acquiring the business and operations of and Brokerage...
If N.Y. bans cell phones, what’s next— drinking coffee, driving with pets?
Jun 19 2006 // New York’s cell phone ban could clear the way for laws against anything that causes accidents, from having a pet in the car to drinking coffee, warns a lawyer fighting to have the ban declared...
Agent Asks N.Y. High Court to Overturn John Hancock Ruling
Jun 14 2006 // Attorneys for life insurance agent Sherwood Schwarz have asked the New York State Supreme Court to overturn an arbitration award in favor of the John Hancock Insurance Company that they maintain denied him $30 million in...
N.Y. Agents Report on Home Insurers’ Restrictions Downstate
Jun 14 2006 // The Professional Insurance Agents of New York State Inc. says a recent survey of its member agents finds homeowners insurance companies have taken steps to reduce their exposure in downstate areas of New York since Jan. 1,...
N.Y. City Continues to Pay More Each Year to Settle Claims
Jun 14 2006 // The cost to New York City of settling legal claims against the city has more than doubled since 1995 and to reach more than $575 million in 2005. Ten years ago, the city paid out $265 million on claims, according to the...
N.Y. Agents Honor O’Shea
Jun 8 2006 // The Professional Insurance Agents of New York Inc. announced that John O’Shea, chairman of Marshall & Sterling Inc. in Poughkeepsie, N.Y., will receive the Distinguished Insurance Service award at the...
N.Y. Cell Phone Ban Sets a Dangerous Course, Attorney Argues
Jun 8 2006 // The state’s cell phone ban could clear the way for laws in New York against anything that causes accidents, from having a pet in the car to drinking coffee, warned a lawyer fighting to have the ban declared...
N.Y. Seeks to Drop Milberg Weiss Law Firm as Fund Counsel
Jun 7 2006 // New York State Comptroller Alan G. Hevesi, trustee of the $140 billion New York State Common Retirement Fund (CRF), said that he will petition the court to replace the law firm of Milberg Weiss as lead counsel in the Bayer...
