Latest New York Headlines

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

Major N.Y. Hurricane Would Cost $100 Billion, Warns Cat Model Firm AIR

Nov 16 2005 // A major hurricane making landfall in the New York City metropolitan area would result in approximately $50 billion of insured losses with total economic losses exceeding $100 billion, according to an expert testifying...

Lawsuit Filed in N.Y. Against Operator of Lake George Cruise Ship

Nov 15 2005 // The sons of an elderly Michigan woman who drowned when the Ethan Allen cruise ship capsized last month in Lake George have filed a lawsuit against the boat’s operator. The children of 89-year-old Viola Urbaniak are...

N.Y. Readies ‘Common Sense’ Broker Commission Disclosure Rules

Nov 10 2005 // New York officials are not planning to ban contingent commissions for agents and brokers but will issue regulations requiring them to disclose their compensation to clients. Superintendent of Insurance Howard Mills...

N.Y. Agents Applaud Pataki Workers’ Comp Package as ‘Positive Step’

Nov 9 2005 // New York Governor George E. Pataki’s workers’ compensation package is being hailed as a positive first step by the Independent Insurance Agents & Brokers of New York, Inc. and its industry coalition, NY...

Industry Conduct After Spitzer Shows Old Habits Die Hard

Nov 7 2005 // PLUS learns habit of blaming the media for industry’s poor image also lives on. The multiple investigations triggered by New York Attorney General Eliot Spitzer one year ago have thus far tarnished the insurance...

This Just In: Industry Conduct after Spitzer Shows Old Habits Die Hard

Nov 7 2005 // Blaming the Media for Industry’s Poor Image Also Lives On at PLUS Meeting The multiple investigations triggered by New York Attorney General Eliot Spitzer have tarnished the insurance industry’s public image...

The Price of $candal

Nov 7 2005 // The lawyer took a crisp $50 bill in his hand and then crushed it. Yet the bill was still worth $50, he pointed out. That was attorney Stephen Marcellino’s way of suggesting that the insurance industry, which has been...

Industry Conduct After Spitzer Shows Old Habits Die Hard

Nov 6 2005 // The multiple investigations triggered by New York Attorney General Eliot Spitzer one year ago have thus far tarnished the insurance industry’s public image more than they have changed its private behavior, according...

This Just In: Industry Conduct after Spitzer Shows Old Habits Die Hard

Nov 6 2005 // The multiple investigations triggered by New York Attorney General Eliot Spitzer have tarnished the insurance industry’s public image more than they have changed its private behavior, according to experts at a recent...

N.Y. Gov. Pataki Proposes Workers’ Comp System Reforms…Again

Nov 3 2005 // New York Governor George E. Pataki has proposed a plan to reform New York’s workers’ compensation system that he says will reduce costs for businesses while increasing benefits for injured workers. Pataki said...

N.Y. Hopeful Spitzer Stresses Strong Enforcement as Good for Businsess

Oct 31 2005 // New York Attorney General Eliot Spitzer, who is running for Governor in his home state, has painted his critics as defenders of corrupt practices and not true champions of free enterprise. He also has sought to refute the...

Jury Finds N.Y. Port Authority Can Be Sued Over ’93 Trade Center Bombing

Oct 26 2005 // The Port Authority of New York was negligent in the 1993 terrorist bombing of the World Trade Center and can be sued for damages. A State Supreme Court jury in Manhattan has decided that the Port Authority, which owned the...

N.Y. State Employees Honored for Roles in Lowering Auto Rates

Oct 26 2005 // Ten New York State Insurance Department employees and five from the New York State Division of Criminal Justice Services have been presented with the Governor’s Office of Employees Relations’ Workforce...

New Shield Law Could Erase Current Lawsuits Against Gun Makers

Oct 21 2005 // President George W. Bush is expected to sign into law a bill to shield the gun industry from most lawsuits filed by victims of gun crimes. The House approved the bill by a bipartisan vote of 283 to 144, with 59 Democrats...

N.Y. Gov. Hopeful Weld ‘s Insurance Chief in Massachusetts Stirred Controversy

Oct 19 2005 // As governor of Massachusetts, William Weld, a Republican who has said he wants to be governor of New York, helped turn around the state’s workers’ compensation system and introduce some competition into the...

N.Y. Supt. Mills Calls for Tougher No-Fault Auto Fraud Laws

Oct 18 2005 // New York Superintendent of Insurance Howard Mills joined with Assemblyman Jeff Brown (R-Manlius) to call on the New York State Assembly to pass tougher no-fault auto insurance fraud legislation. The two called for...

People & Places

Oct 17 2005 // Vincent Liotta Willis Group Holdings has appointed Vincent D. Liotta as executive vice president and production director of the Willis Re U.S. Specialty Practice. Earlier this year Willis Re merged its Global Marine,...

Gubernatorial Hopefuls in New York: Spitzer vs. Weld

Oct 17 2005 // Part 2: Spitzer Stresses Enforcement as Key to Fair Competition New York Attorney General Eliot Spitzer has made a name for himself exposing fraudulent and anti-competitive business practices in the securities, mutual fund...

Gubernatorial Hopefuls in New York: Spitzer vs. Weld

Oct 17 2005 // New York Attorney General Eliot Spitzer has made a name for himself exposing fraudulent and anti-competitive business practices in the securities, mutual fund and insurance industries. Now he is running for governor in New...

Oct 17 2005 // Willis Group Holdings has appointed Vincent D. Liotta as executive vice president and production director of the Willis Re U.S. Specialty Practice. Earlier this year Willis Re merged its Global Marine, Aviation, Retro and...