Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Ocasek Describes Stamping Office Operations at AAMGA University
Jun 6 2005 // Illinois’ surplus line association chief offered a history and overview of the group’s activities in a presentation to the 9th annual meeting of the American Association of Managing General Agents in Orlando,...
Susan Kearney
Jun 6 2005 // Mark Hagan Gerald O’Neill Venture Programs, a national provider of insurance programs based in West Chester, Pa., has promoted two senior staff members to vice president positions. Susan Kearney was appointed vice...
News Briefs
Jun 6 2005 // MASSACHUSETTS Workers Comp Rates Up 3%: Massachusetts Insurance Commissioner Julianne Bowler has approved a 3.0 percent overall average rate reduction in workers’ compensation rates, a savings of $32.6 million in...
Undercover on Underwriting: Spitzer Spills AIG’s Secrets in Civil Complaint
Jun 6 2005 // AG Targets Ex-Execs Greenberg and Smith; AIG Restates Financials; Is Settlement Next? – Maurice “Hank” Greenberg, AIG CEO, 1992 From the 1980s until recently, insurance giant American International Group...
People
Jun 6 2005 // Venture Programs, a national provider of insurance programs based in West Chester, Pa., has promoted two senior staff members to vice president positions. Susan Kearney was appointed vice president of Venture Hospitality,...
Ocasek Describes Stamping Office Operations at AAMGA University
Jun 6 2005 // Illinois’ surplus line association chief offered a history and overview of the group’s activities in a presentation to the 9th annual meeting of the American Association of Managing General Agents in Orlando,...
Insurers Move to Block N.Y.-N.J. Port Authority $2.1B Claim From 9-11
Jun 3 2005 // Responding to a new claim by the Port Authority of New York and New Jersey that it is separately insured for a $2.1 billion “shortfall” in Silverstein property insurance following the Sept. 11, 2001 terrorist...
N.Y. Eyes Extending Assessment Deadline For Storm Damaged Homes
May 31 2005 // New York Superintendent of Insurance Howard Mills has urged the state legislature to extend the deadline to give Broome County homeowners whose properties were damaged in last month’s floods more time to file for...
Ohio AG Moves to Block Greenberg Sale of AIG Common Stock to Wife
May 27 2005 // Ohio Attorney General Jim Petro has filed suit against former American International Group Inc. CEO Maurice R. “Hank” Greenberg and his wife, Corinne P. Greenberg, in order to put a hold on the transfer of more...
RiskMeter Online Expands Distance to Fire Station Report to Ariz., N.J., N.Y.
May 27 2005 // CDS Business Mapping LLC a provider in online property risk mapping, has added Arizona, New Jersey and New York to its Distance to Fire Station report on the RiskMeter Online (www.RiskMeter.com). This brings the total...
N.Y. Lawyer Involved in Frankel Insurance Scheme is Sentenced
May 27 2005 // Kevin O’Connor, United States Attorney for the District of Connecticut, announced that Thomas Bolan, 80, of Flushing, New York, was sentenced this week for his role in Martin Frankel’s multi-million dollar...
Pachomski Joins Beecher Carlson Energy Practice in N.Y.
May 26 2005 // Atlanta-based Beecher Carlson has expanded its national energy practice to include Paul Pachomski as senior vice president. Pachomski will be responsible for the production, marketing and servicing of clients in the energy...
N.Y. AG Spitzer, Supt. Mills File Civil Suit Against AIG
May 26 2005 // New York Attorney General Eliot Spitzer and State Insurance Superintendent Howard Mills announced a lawsuit against the nation’s largest business insurance company, alleging that the firm manipulated its books to...
AIA Testifies at N.Y. Security Breach Hearing; Steps Taken for Customers
May 24 2005 // Any new laws to prevent identity theft and mandate notification of data security breaches need to be uniform and consistent with procedures in other states, and flexible enough to allow compliance, said the American...
Marsh & McLennan to Reprice Some Employees’ Stock Options Hurt by Probes
May 23 2005 // Shareholders of Marsh & McLennan Companies Inc. last week approved a plan to replace some of the stock options for employees hurt by the sharp fall in the company’s stock. Marsh & McLennan, the...
Tsunami Warning: Spitzer is Coming
May 23 2005 // This is not a tsunami “watch.” This is a tsunami warning. The waves have already swept over the closest beaches, so we know they are coming. It’s too soon for casualty reports, but some mighty big places...
Tougher Laws Key in Fight Against Insurance Fraud
May 23 2005 // How do you convince overworked state prosecutors to chase down often stale-sounding insurance swindles when their case files already are bulging with high-profile crimes such as drugs, robbery and murder? Insurance-fraud...
People & Places
May 23 2005 // Joseph Savarese Atlanta-based NBIS appointed Joseph Savarese as senior vice president of underwriting. He will focus on the company’s eastern and western U.S. presence, working to establish a network of insurance...
People & Places
May 23 2005 // Joseph Savarese NBIS appointed Joseph Savarese senior vice president of underwriting. He will focus on the company’s Eastern and Western U.S. presence working to establish a network of insurance agents and brokers in...
SENATOR URGES RESTRAINT ON BROKER SCANDAL:
May 23 2005 // New York State Senate Insurance Committee Chairman James Seward (R-Milford) told the Professional Insurance Wholesalers Association Inc. that New York policymakers should employ restraint as they look at “what, if...
