Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
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...
HealthNow N.Y. Acquires Northeast Benefits Firm, Brokerage Concepts
Jun 7 2006 // 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 Concepts, Inc. (BCI), a major benefits...
OIL to Buy Back $300 Million in Debt
Jun 6 2006 // Oil Insurance Limited, founded in Bermuda in 1971 by 16 energy companies, as a mutual insurance company, announced that it is offering to purchase for cash any and all of its outstanding $300 million aggregate principal...
N.Y. to Hear Proposal for 7.5% Workers Comp Hike
Jun 6 2006 // The New York State Insurance Department has scheduled a public hearing to consider the application of the New York Compensation Insurance Rating Board (NYCIRB) for a workers’ compensation insurance increase of 7.5...
Allstate Dropping Most Earthquake Insurance Nationwide
Jun 5 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...
N.Y. Agents Back Overhaul Of Workers’ Comp System
Jun 5 2006 // New York should increase its workers’ compensation benefits and try to deliver benefits in a less adversarial process, according to the Professional Insurance Agents of New York State Inc. The association made its...
Fries to be Honored by N.Y. Agents
Jun 2 2006 // The Professional Insurance Agents of New York Inc. announced that Stuart Fries, vice president of Garber Atlas Fries & Associates Inc. in Oceanside, N.Y., will receive the Professional Agent of the Year award at the...
Study Ties N.Y. Med Mal Premiums to Liability Awards, Not Cycles
Jun 2 2006 // The cost of medical malpractice insurance in New York can be linked directly to the state’s malpractice litigation awards, rather than to the cyclical nature of the insurance pricing, according to a new study by the...
Virginia Trucker Honored for Logging 6 Million Accident-Free Miles
Jun 1 2006 // It was a bitter cold night in New York city some 40 years ago. Trucker Robert C. Wrenn pulled his rig to a halt at a red light and suddenly, there was a sharp rap on the metal door next to his elbow. Wrenn looked out,...
Cities Viewed as Targets to Receive Counterterrorism Grants
Jun 1 2006 // Cities fiercely competing for multimillion-dollar grants for counterterrorism programs must accept an unsettling premise along with the money: They are likely targets for terrorists. The government wants cities to keep...
