Latest New York Headlines

All the headlines from our New York Topic Page, ordered by recency.

N.Y. AGENTS SEE E&O TROUBLE

May 8 2006 // New York insurance agents face potential errors and omissions claims if they follow a New York City requirement on certificates of insurance for road contractors, an agents group has warned. The city’s transportation...

$80 million settlement reached in bid-rigging case with Ill., Conn., N.Y.

May 8 2006 // Attorney General Lisa Madigan, of Illinois, New York Attorney General Eliot Spitzer and Connecticut Attorney General Richard Blumenthal recently announced an $80 million settlement agreement with Bermuda-based holding...

Delmarva poultry industry criticizes federal avian flu planning

May 8 2006 // News Currents The federal government could learn a thing or two from the Delaware- Maryland-Virginia area poultry industry about how to prepare for an outbreak of avian flu, according to the Delmarva industry officials. In...

People

May 8 2006 // Rick Padula has been appointed president and chief operating officer of the Glover-Padula Insurance Agency in East Greenwich, R.I., which is one of Gencorp Insurance Group’s business units. Padula has been with...

News Currents

May 8 2006 // N.Y. agents see E&O trouble New York insurance agents face potential errors and omissions claims if they follow a New York City requirement on certificates of insurance for road contractors, an agents group has...

$80 million settlement reached in bid-rigging case with Ill., Conn., N.Y.

May 8 2006 // Attorney General Lisa Madigan, of Illinois, New York Attorney General Eliot Spitzer and Connecticut Attorney General Richard Blumenthal recently announced an $80 million settlement agreement with Bermuda-based holding...

Swett & Crawford Appoints New Staff Nationwide

May 5 2006 // Swett & Crawford has announced new additions to their staff in offices nationwide. Margaret Jacobs moves to the Swett & Crawford Chicago office as director, Healthcare Practice Group, from Aon Risk Services where...

N.Y. Supt. Mills Urges Tax-Deferred Catastrophe Reserves for Insurers

May 4 2006 // The country may not need a natural catastrophe backup fund like it has for terrorism exposures, provided government allows insurers to create catastrophe reserves on a tax-deferred basis, according to New York’...

$80 Million Settlement Reached in Bid-rigging Case with Ill., Conn., N.Y.

Apr 26 2006 // Attorney General Lisa Madigan, New York Attorney General Eliot Spitzer and Connecticut Attorney General Richard Blumenthal today announced an $80 million settlement agreement with Bermuda-based holding company ACE,...

N.Y. Reacts to 4 Amusement Park Deaths in Past Year

Apr 26 2006 // Under a bill made public Monday, children younger than 11 wouldn’t be allowed to ride alone on amusement park attractions that take them out of the line of sight of the operators. The legislation, proposed by state...

N.Y. City Targets Medical Mills; Insurer Group Encourages Action

Apr 25 2006 // The New York City Council is looking for ways to shut down certain fraudulent medical clinics that critics say take advantage of the state’s no fault insurance system and drive up auto insurance rates. One prominent...

N.Y. Agents Disappointed with Zurich Commission Disclosure Plans

Apr 24 2006 // New York independent insurance agents are not too happy that Zurich Financial Services has decided to implement nationwide the stricter of two agency compensation disclosure policies it signed as part of recent settlements...

N.Y. Agents Take E&O Concerns Over Contractor Certificates to Officials

Apr 21 2006 // New York insurance agents face potential errors and omissions claims if they follow a New York City requirement on certificates of insurance for road contractors, an agents group has warned. The New York City Department of...

N.Y. Hospitals, Physicians Get New Medical Liability Insurer

Apr 20 2006 // Hospitals and physicians in New York now have a new option for obtaining professional liability coverage and physician excess professional liability coverage, through the establishment of the Healthcare Professionals...

N.Y. State Fund Offers Its Most Popular Brochures in Spanish

Apr 19 2006 // The New York State Insurance Fund’s two most widely-read publications, Partners in Safety and A Claims Guide for the Employer, are now available in Spanish. “These publications will enhance NYSIF’s...

Fugitive N.Y. Insurance Fraud ‘Princess’ Arrested

Apr 19 2006 // A Manhattan woman who posed as a Saudi Arabian princess in an insurance scam plans to return to New York following her arrest at a Florida shopping mall on a fugitive from justice warrant, authorities said. Antoinette...

N.Y. Knicks Insured Coach’s Contract

Apr 19 2006 // The New York Knicks took out an insurance policy on coach Larry Brown’s contract that would free the team from paying the remainder of the coach’s contract if he’s forced to resign due to health issues,...

Integro Adds Goett, McGraw in N.Y.

Apr 18 2006 // Insurance brokerage firm Integro has reported two key hires for its New York office. William Goett has joined the firm as managing principal in the Client Development department, and Robert McGraw will serve as principal...

Grigg Joins Willis Construction-Related Professional Liability Unit in N.Y.

Apr 18 2006 // Willis Group Holdings is expanding its construction practice with the appointment of David Grigg as senior vice president and national director for professional liability. Grigg is based in New York City. In this new...

People

Apr 17 2006 // Palisades Safety and Insurance Management Corporation, a New Jersey private passenger automobile insurer, announced that Ed Fernandez has assumed the role of president and CEO, effective immediately. Fernandez succeeds...