Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
People
May 23 2005 // 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 agents and brokers...
News Briefs
May 23 2005 // MASSACHUSETTS Safe Driver Plan Revised: Massachusetts Insurance Commissioner Julie M. Bowler has approved changes in the way drivers receive discounts and surcharges to their auto insurance policies based on their driving...
News Briefs
May 23 2005 // MASSACHUSETTS Safe Driver Plan Revised: Massachusetts Insurance Commissioner Julie M. Bowler has approved changes in the way drivers receive discounts and surcharges to their auto insurance policies based on their driving...
A Talk with New York Superintendent of Insurance Howard Mills
May 23 2005 // Pataki’s appointee brings Albany background to Spitzer-era regulatory challenges I think I’m a pretty quick study,” Howard Mills told Insurance Journal. He’s not had much choice. The former...
People
May 23 2005 // 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 the contractors...
Tougher Laws Key in Fight Against Insurance Fraud
May 23 2005 // Lack of money is another big roadblock to fraud fighting today. Many state fraud bureaus are being forced to pinch pennies. How do you convince overworked state prosecutors to chase down often stale-sounding insurance...
Ballinger Describes Texas Stamping Office Operations to AAMGA University
May 23 2005 // Structural similarities and differences between stamping and service offices in the 15 stamping offices across the U.S. and how their markets differ were discussed by Phil Ballinger, executive director of the Surplus Lines...
Ballinger Describes Texas Stamping Office Operations to AAMGA University
May 23 2005 // Structural similarities and differences between stamping and service offices in the 15 stamping offices across the U.S. and how their markets differ were discussed by Phil Ballinger, executive director of the Surplus Lines...
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...
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...
Jury, Spitzer Probing Possible AIG Criminal Indictments
May 20 2005 // A Reuters report on Friday stated that a New York grand jury is investigating potential criminal conduct by individuals at insurance company American International Group Inc. (AIG). According to the report, New York...
N.Y. Workers’ Comp Writers Seek 16% Rate Boost for October
May 18 2005 // The New York Compensation Insurance Rating Board has submitted a filing for an average 16.1 percent rate increase effective Oct. 1, 2005. This filing came at the same time that the board withdrew its bid for a 9.5 percent...
N.Y. Senate Confirms Mills as Insurance Superintendent
May 18 2005 // The New York State Senate confirmed today Governor George E. Pataki’s nomination of Howard Mills as Superintendent of the New York State Insurance Department. Mills has been serving as acting superintendent since...
OneBeacon Expands Web-Based OneChoice Personal Lines Portfolio
May 16 2005 // OneBeacon, which introduced a Web-based, multi-tiered new auto insurance product in 2004, is launching new homeowners and package products using the same OneChoice platform during 2005. The suite of OneChoice auto,...
N.Y. State Children’s Camp Safety Group Pays Members 50% Dividend
May 16 2005 // The New York State Children’s Camp Safety Group, founded 13 years ago to help children’s camps improve their safety and reduce workers’ compensation insurance costs, has declared a 50 percent dividend on...
Former General Re Execs Reportedly Targeted in SEC Probe
May 16 2005 // The Securities and Exchange Commission is planning to file civil fraud charges against a former executive of General Reinsurance Corp., one of Berkshire Hathaway Inc.’s insurance companies, according to a published...
N.Y. Workers’ Comp Rates to Remain Unchanged with Filing Withdrawal
May 13 2005 // The New York Compensation Insurance Rating Board has withdrawn its proposed rate increase of 9.5 percent which means that workers’ compensation rates will remain at their current levels through Oct. 1, 2005. NYCIRB...
PCI’s Csiszar Accuses Spitzer of ‘Corporate Terrorism’ and of Ignoring Own Conflicts
May 12 2005 // New York Attorney General Eliot Spitzer has bypassed due process and used McCarthy-like tactics to wage “corporate terrorism” against the insurance industry even while ignoring his own alleged conflicts of...
Mass. Tightens Rule on Finite Reinsurance; States Consider Change in Accounting Rules
May 9 2005 // While the National Association of Insurance Commissioners is considering changing the accounting rules for finite reinsurance transactions, Massachusetts is proceeding with a tightening of its own reporting...
Regulators Hit PCI Csiszar’s Pitches Out of the Park
May 9 2005 // State insurance department representatives responded to fast balls, curves and sliders thrown at them by Ernie Csiszar, president and chief executive officer of the Property Casualty Insurers Association of America, during...
