Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
ACE USA Appoints N.Y.-Based Mayer to Senior VP Post to Lead Construction Practice
Sep 15 2004 // ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, announced the appointment of Frank Mike-Mayer, senior vice president, to lead the ACE USA Construction Group. Based in New York City,...
Tower Group Buys Pre-Atlantic Mutual N.Y. Commercial Renewals from OneBeacon
Sep 15 2004 // New York-based Tower Insurance Group has agreed to purchase the renewal rights on most of the New York commercial business OneBeacon Insurance held prior to OneBeacon’s buying Atlantic Mutual’s book of business...
PIANY Elects Ruchman, Officers for 2004-2005
Sep 13 2004 // Officers of Professional Insurance Agents of New York State Inc. have been elected for the 2004-2005 administrative year. • N. Stephen Ruchman of Hewlett was elected president. He is president of Ruchman Associates Inc....
N.Y. Psychiatrist to Get Plenty of Couch Time; Receives 23-Count Indictment in Insurer Fraud Scam
Sep 10 2004 // New York Attorney General Eliot Spitzer announced that a Nanuet psychiatrist has been charged with defrauding government insurers of more than $1 million by billing for services never rendered. Dr. Justin Psaila, who...
NAMIC Targets Corporate Governance, Market Conduct, Securities Ratings, and Credit Scoring at NAIC Meeting
Sep 8 2004 // The National Association of Mutual Insurance Companies (NAMIC) will advocate its positions on corporate governance, market conduct, securities ratings, and credit scoring during the National Association of Insurance...
Three Years Later: Industry Rebuilds from 9/11, But Doesn’t Forget
Sep 6 2004 // Robert Hartwig, senior vice president and chief economist for the Insurance Information Institute (I.I.I.), knows that while Tuesday, Sept. 11, 2001, will never be forgotten both inside and outside the insurance industry,...
People and Places
Sep 6 2004 // Margie Bishop Vista Insurance Partners, based in San Antonio, appointed Margie Bishop as senior broker/underwriter. Bishop will work with current and new Vista agents to develop new business and retain existing accounts...
People and Places
Sep 6 2004 // Barbara Doerning Pasadena, Calif.-based Bolton & Company announced the hiring of Barbara A. Doerning as vice president of Bolton’s Risk Services Department. She began her insurance career in 1986, specializing...
N.Y.-Based DCAP Seeks Nasdaq Listing
Sep 2 2004 // DCAP Group, Inc. (OTC BB: DCAP.OB), a large chain of independent storefront insurance agencies in the Northeast, announced that, based upon its previously announced reverse split of its common stock, its symbol will...
… And Now Online, the Insurance Hall of Fame
Sep 2 2004 // A new website, www.InsuranceHallofFame.org, has been created by the International Insurance Society to feature insurance leaders from around the globe who have made creative and lasting contributions in the insurance...
Toronto Bank Buying Majority of Banknorth
Sep 2 2004 // Officials at Banknorth Group, Inc. (NYSE: BNK) of Portland, Maine, and TD Bank Financial Group (TDBFG) of Toronto announced that they have signed a definitive agreement for TDBFG to acquire 51 percent of the outstanding...
Double-Digit Health Cost Increases Continue in N.Y.
Sep 1 2004 // For the fourth year in a row, a significant majority of employers in New York State were hit with double-digit increases in health-insurance premiums this year, and employers continue the struggle to minimize the damage...
CitiGroup, Wells Fargo and BB&T Lead Bank Holding Cos. in Insurance Brokerage Fee Income
Aug 30 2004 // CitiGroup (New York, N.Y.), Wells Fargo & Company (San Francisco, Calif.), and BB&T Corporation (Charlotte, N.C.) lead bank holding companies in insurance brokerage fee income year-to-date through June 30, 2004,...
N.Y. Surplus Lines Industry in Uphill Battle over Premium Financing
Aug 23 2004 // New York’s surplus lines industry is trying to convince the Pataki administration to allow a change in the premium financing of surplus lines accounts, a change that lawmakers have approved overwhelmingly, but the...
N.Y. GETS CREDIT SCORING LAW:
Aug 23 2004 // New York Gov. George Pataki has allowed a bill governing insurers’ use of credit scoring to become law without his signature. The bill is based on the industry-supported model developed by the National Conference of...
People and Places
Aug 23 2004 // Thomas Tierney William Brooks Heather Philbin The Vermont Mutual Insurance Group, based in Montpelier, has elected Thomas J. Tierney, currently president and chief executive officer of the group, to be chairman of the...
N.Y. Court Blocks Pawtucket’s Mid-term Cancellations
Aug 18 2004 // New York Superintendent of Insurance Gregory V. Serio applauded a decision by the New York Supreme Court to issue a temporary restraining order preventing Pawtucket Mutual Insurance Company from canceling approximately...
N.Y. Workers’ Comp Writers Refile for 9.3% Hike
Aug 18 2004 // Their average 29.3 percent increase having been rejected by state officials last month, workers compensation insurers in New York are trying again, this time for an average 9.3 percent increase. Maintaining that it has...
Consumers Financial Buys Syracuse, N.Y. Agency
Aug 16 2004 // Consumers Financial Corporation announced that it has signed a contract to purchase Fear & Fear, Inc., an insurance agency with 10 offices located in and around Syracuse, New York. The transaction is valued at $6...
ACE USA Makes Appointments in Global Energy Unit; Opens Houston Energy Office
Aug 13 2004 // ACE USA, the U.S.-based retail operations of The ACE Group of Companies, announced two appointments in the U.S. operations of the ACE Global Energy division. Edwin Duffy was named senior vice president and Houston branch...
