Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Preparing for Worst, Cat Modelers Say More Destruction Ahead
Dec 5 2005 // Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to risk modeling companies and economists who spoke at the National Catastrophe Insurance Summit in Burlingame,...
Preparing for Worse
Dec 5 2005 // Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to risk modeling companies and economists who spoke at the recent National Catastrophe Insurance Summit. It’s just a...
Insurance Commissioners Announce Framework for National Cat Program
Dec 5 2005 // Insurance regulators from California, Florida, Illinois and New York, on the heels of the National Catastrophe Insurance Summit held in November, are peddling the framework for a national catastrophe insurance program that...
Luxury Condos and Co-ops
Dec 5 2005 // Nuts & Bolts: The Chubb Group of Insurance Companies has rolled out insurance packages for the owners of luxury condo and co-op apartments in New York. The policies address coverage gaps created by building...
Editor’s Note: Preparing for Worse
Dec 4 2005 // Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to risk modeling companies and economists who spoke at the recent National Catastrophe Insurance Summit. It’s just a...
New Markets
Dec 4 2005 // Non-Franchised Auto Dealers Nuts & Bolts: DMI Insurance Services Inc. ha expanded the range of markets it supplies to producers serving non-franchised auto dealers and automotive specialty shops. The new markets will...
Preparing for Worst, Cat Modelers Say More Destruction Ahead
Dec 4 2005 // Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to risk modeling companies and economists who spoke at the National Catastrophe Insurance Summit in Burlingame,...
Insurance Commissioners Announce Framework for National Cat Program
Dec 4 2005 // Insurance regulators from California, Florida, Illinois and New York, on the heels of the National Catastrophe Insurance Summit held in November, are peddling the framework for a national catastrophe insurance program that...
Business Moves
Dec 4 2005 // TD Banknorth, Boothby & Bartlett TD Banknorth Inc. is expanding its insurance presence in central Maine by purchasing Boothby & Bartlett Company, a community insurance agency in Waterville, Maine. The acquisition...
People
Dec 4 2005 // GAB Robins, the international claims services firm, announced that Edward G. Troy has been named president and chief executive officer of the GAB Robins Group of Companies. Before joining GAB Robins, Troy served as...
News Briefs
Dec 4 2005 // CONNECTICUT Work-Related Deaths: The number of deaths in Connecticut due to work-related injuries increased by 50 percent last year, rising from 36 to 54, according to a state report. Connecticut is one of 27 states to...
Investors Turn Up Heat on Insurers to Disclose Risk from Climate Change
Dec 1 2005 // Citing the risks that they say insurance companies face from losses and financial risks associated with climate change, 20 U.S. investors led by several state treasurers urged 30 of the largest publicly-held insurance...
Zacharopoulos to Lead Intergo’s Southeast Management Risk Practice
Nov 29 2005 // Thomas Zacharopoulos has joined Integro’s newly established Atlanta office as managing principal and will lead the management the risk practice for Integro’s Southeast operations and also lead of...
Insurer Seeks Guidance on Splitting Damages for Mo. Bus Crash 40 Ways
Nov 28 2005 // A Missouri bus company’s insurance company has asked a federal judge to determine how $5 million in potential damages would be distributed to more than 40 possible people or groups involved in crash of a bush...
N.Y. Court Upholds $21 Million Vicarious Liability Award
Nov 22 2005 // The New York State Supreme Court, Appellate Division, First Department, has awarded $21 million to an accident victim, setting what is believed to be a record $8 million for future pain and suffering. The case could also...
Insurers Cool to N.Y. Proposal to Freeze Access to Consumer Credit
Nov 22 2005 // Insurance company lobbyists urged New York lawmakers in Albany this week to refrain from blocking insurers’ access to consumer credit information as part of their efforts to protect consumers from identity theft. The...
New Markets
Nov 20 2005 // Motor Carriers Suite Nuts & Bolts: Lexington Insurance Company, a member company of American International Group Inc., introduced Lex TransportPlus, a new product suite encompassing two policies: Motor Truck Cargo and...
N.Y. Seen Losing $125M Sept. 11 Workers’ Comp Aid for Sick Rescuers
Nov 17 2005 // Congressional budget negotiators have decided to take back $125 million in Sept. 11 aid from New York, which had fought to keep the money to treat sick and injured ground zero workers, lawmakers said. New York’s...
Insurance Commissioners Announce Framework for National Cat Program
Nov 17 2005 // Concluding the two-day National Catastrophe Insurance Summit held in Burlingame, Calif., insurance commissioners from California, Florida, Illinois and New York on Wednesday agreed that they had a basic framework for a...
U.S. Needs National Catastrophe Insurance Program, Insurance Commissioners Say
Nov 16 2005 // Insurance Commissioners from California, Florida, Illinois and New York began laying the groundwork Tuesday for what they hope will turn into a national catastrophe insurance program that would cover all Americans. Hosting...
