Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
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...
Allied World Assurance Expands N.Y. Operation for Underwriting
Aug 11 2004 // Allied World Assurance Holdings Ltd announced that its subsidiary, Allied World Assurance Company (U.S.) Inc., has expanded the capabilities of its New York office to underwrite excess liability and errors and omissions...
N.Y. Insurance Officials Reach Out at Summer Fairs
Aug 10 2004 // New York Superintendent of Insurance Gregory V. Serio announced that insurance department specialists from the Consumer Services Bureau will be staffing information booths at the Erie County Fair, to be held August 11-22,...
Summer in the City: Unconventional Insurance and Olympian Security in Age of Terrorism Risk
Aug 10 2004 // A little more than a year ago, Britain’s Prince William celebrated his 21st birthday with a costume party at Windsor Castle. While William was addressing the partying crowd, a stranger wearing a black beard, white...
Summer in the City: Terrorism, Political Conventions and the Olympics
Aug 9 2004 // A little more than a year ago, Britain’s Prince William celebrated his birthday with a costume party at Windsor Castle. While William was addressing the partying crowd, a stranger wearing a black beard, white turban...
N.J. Family, N.Y. Man Brake for Fraud
Aug 9 2004 // New Jersey Director of Division of Criminal Justice Vaughn McKoy announced that the Division of Criminal Justice, Office of Insurance Fraud Prosecutor, obtained an indictment charging four individuals with conspiracy,...
People and Places
Aug 9 2004 // Thomas McDaniel Thomas McDaniel was named president of Kemper Auto and Home. McDaniel previously served as Kemper Auto and Home’s senior vice president of product management, overseeing the company’s...
Safety Group Urges Others to Follow N.Y. Lead to Curb Cigarette-Caused Fires
Aug 6 2004 // The number of fires caused by lighted tobacco products – almost always cigarettes – increased by a stunning 19 percent in the most recent year studied, according to research by the National Fire Protection...
