Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Big ‘I’ CEO Panel Addresses Disaster Preparedness, Future of TRIA
Sep 12 2005 // The insurance industry is hoping that a federal case will be made out of disaster preparedness and response following the devastation of Hurricane Katrina. As their claims adjusters and agents scurried to handle the record...
N.Y. Court Awards No-Fault Damages Despite Late Notice to Insurer
Sep 7 2005 // A New York trial judge has dealt a blow to New York State’s timely insurance no-fault auto insurance notice requirement, under which insurers can deny coverage if a claim is not filed within a set period. Following a...
Two More from Marsh Join Integro
Sep 7 2005 // Integro has hired two more former Marsh executives for its New York headquarters. Stephen Lundin will serve as managing principal, Client Development and Michael Klaschka has signed on as principal, Management Risk...
N.Y. AG Spitzer Urges Improved Lead Testing of Children
Sep 6 2005 // New York Attorney General Eliot Spitzer has released a report urging improved testing of infants for lead poisoning. The report includes 10 recommendations to increase childhood lead testing in New York. One of the key...
Celebrating 75 Years, Quirk & Company Looks to 100 and Beyond
Sep 5 2005 // As we celebrate our 75th anniversary year, reflections on the past seem to be in order. We have a long and rich history in the insurance industry, particularly in Texas. I believe that Quirk & Company is one oldest...
Celebrating 75 Years, Quirk & Company Looks to 100 and Beyond
Sep 5 2005 // As we celebrate our 75th anniversary year, reflections on the past seem to be in order. We have a long and rich history in the insurance industry, a particularly in Texas. I believe that Quirk & Company is one oldest...
News Briefs
Sep 5 2005 // MASSACHUSETTS Fed Probe Firing of MassMutual CEO: Federal prosecutors are investigating the conduct that led to the firing of former MassMutual Insurance Comany chief executive Robert J. O’Connell, the company...
New Markets
Sep 5 2005 // Employment Practices Liability Program Nuts & Bolts: Arrowhead General Insurance Agency Inc.’s professional liability division launched an employment practices liability insurance program for small- and...
Insurers Address Brokerage Income Directly to Consumer
Sep 5 2005 // Just last week, one of the assistant directors at our firm, Brunie Lugo, was routinely reviewing a client’s renewal quotation she had received, checking it for accuracy, reviewing the pricing and proposed renewal...
Frontier Insurance, in Rehab in N.Y., Moves Closer to Reopening
Sep 5 2005 // Frontier Insurance Company, which was seized by New York officials four years ago, is closer to reopening for business thanks to a recent court decision awarding the New York Liquidation Bureau greater flexibility over its...
‘Sham Declinations’ Leave N.Y. Excess Broker Liable for Insurer’s Losses
Sep 5 2005 // A New York excess lines insurance broker’s use of “sham declinations” to skirt the law on placing coverage with a non-admitted carrier could cost the broker a lot more than just regulatory fines, if a...
Insurers Address Brokerage Income Directly to Consumer
Sep 5 2005 // Some Carriers Issue Endorsements on Producer Compensation Disclosure Just last week, one of the assistant directors at our firm, Brunie Lugo, was routinely reviewing a client’s renewal quotation she had received,...
By Andrew G. Simpson
Sep 5 2005 // A New York excess lines insurance broker’s use of “sham declinations” to skirt the law on placing coverage with a non-admitted carrier could cost the broker a lot more than just regulatory fines, if a...
Frontier Insurance, in Rehab in N.Y., Moves Closer to Reopening
Sep 5 2005 // Frontier Insurance Company, which was seized by New York officials four years ago, is closer to reopening for business thanks to a recent court decision awarding the New York Liquidation Bureau greater flexibility over its...
Realm National Placed in Liquidation
Aug 30 2005 // Realm National Insurance Company, a property and casualty insurer domiciled in New York that wrote mainly workers’ compensation, was placed in liquidation by the Supreme Court of the State of New York on June 15,...
Rehabilitation Efforts Move N.Y.’s Frontier Insurance Closer to Reopening
Aug 30 2005 // Frontier Insurance Company, which was seized by New York officials four years ago, is closer to reopening for business thanks to a recent court decision awarding the New York Liquidation Bureau greater flexibility over its...
AWAC Promotes D’Orazio to Senior VP, Global Mgr. – General Casualty Division
Aug 29 2005 // Bermuda-based Allied World Assurance Company, Ltd. (AWAC) announced that Frank N. D’Orazio has been named senior vice president and global manager of its General Casualty division. He is charged with setting and...
N.Y. Insurance Fund Investigator Accused of Falsifying Expenses
Aug 28 2005 // A claims investigator for the New York State Insurance Fund reportedly bilked the state out of $8,744 by claiming she spent the night at bed-and-breakfasts which investigators found didn’t exist, the state inspector...
ACE USA Makes Appointments in New York, Philly Offices
Aug 26 2005 // ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, announced two appointments in its ACE Casualty Risk Unit. William Hazelton joins ACE USA as senior vice president and underwriting manager...
Allied World Announces Three Management Changes
Aug 25 2005 // Allied World Assurance Company, Ltd. [AWAC] has announced the following management changes: — Daniel Brandon has been promoted to the position of senior vice president, Professional-Specialty Lines Treaty...
