Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Northeast’s DCAP Feels Assigned Risk Decline But Focuses on Growth
May 17 2006 // DCAP Group, Inc., a large chain of independent storefront insurance agencies in the Northeast, reported that first quarter 2006 total revenues were $2,867,690, a decline from the prior year amount of $3,208,073. Net income...
HANYS, InsMed Agency Offer Disability Coverage for N.Y. Physicians
May 17 2006 // HANYS Benefit Services, an affiliate of the Healthcare Association of New York State, and InsMed Insurance Agency, Inc. have joined forces to provide disability insurance protection and program support for medical...
Upstate N.Y. Stone Mason Under-Reported Workers’ Comp, Says Fund
May 14 2006 // An upstate New York employer’s alleged attempt to pay lower premium than required for his workers’ compensation policy with The New York State Insurance Fund began to unravel after he filed a claim for an...
Metro N.Y. Auto Claims Costlier Than Upstate, Industry Study Says
May 12 2006 // A recent Insurance Research Council (IRC) study of auto injury insurance claims in the state of New York finds that claimants from the New York City metropolitan area exhibit very different claiming behaviors than...
People and Places
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...
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...
