Latest New York Headlines

All the headlines from our New York Topic Page, ordered by recency.

N.Y. LEAVES ISSUES UNRESOLVED:

Jul 5 2004 // The Legislature in Albany adjourned for the summer without passing a state budget and without addressing a slew of insurance and other key issues. Political observers, newspaper editorialists and even elected leaders...

People and Places

Jul 5 2004 // David Molchan David Molchan has been appointed as regional advertising manager for Insurance Journal East. Molchan has extensive experience in business-to-business advertising sales and ad sales management at several trade...

N.Y. Med-Mal Rates to Increase 7%

Jul 1 2004 // New York State Insurance Department Superintendent of Insurance Gregory V. Serio today announced that the majority of New York State’s 50,000 actively practicing physicians will see a seven percent rate increase in...

N.J. Family, N.Y. Man Brake for Auto Fraud

Jun 30 2004 // New Jersey Director of Division of Criminal Justice Vaughn McKoy announced that the Division of Criminal Justice – Office of Insurance Fraud Prosecutor has obtained an indictment charging four individuals with...

N.Y. Agents Hail Reactivation of Fair Plan Finally

Jun 30 2004 // After nearly nine weeks of being suspended, operations at the New York property insurance residual market are back. The suspension of the New York Property Insurance Underwriting Association, also known as the Fair Plan,...

HIP of N.Y. Acquires ConnectiCare

Jun 25 2004 // HIP Health Plan of New York (HIP) has acquired ConnectiCare Holding Company (ConnectiCare) in a transaction that unites the companies, The parties say thed eal allows for regional growth while retaining local...

N.Y. City Traffic Deaths Drop 23%

Jun 24 2004 // Traffic deaths in New York City declined 23 percent in the first five months of 2004 compared with the same period last year, according to police statistics. From January through June 6, 115 pedestrians, bicyclists and...

N.Y. Passes AIA-Backed Scoring Bill

Jun 24 2004 // The New York State Legislature has approved a bill (S.5618D/A.4754D) that will regulate the use of credit-based insurance scores in a fair and reasonable manner, according to the American Insurance...

N.Y. Assembly Prepares to Close Today with Budget, Fair Plan, Other Insurance Issues Unresolved

Jun 22 2004 // The Legislature in Albany is scheduled to adjourn today and barring last-minute action will do so without passing a state budget and without addressing a slew of insurance and other key issues. Political observers,...

N.Y. to Hear 29% WC Rate Bid Next Week

Jun 22 2004 // The New York State Insurance Department has scheduled public hearings to consider the application of the New York Compensation Insurance Rating Board (NYCIRB) for a workers’ compensation insurance increase of 29.3...

People and Places

Jun 21 2004 // Anthony Kubera Anthony A. Kubera has joined Russell Bond & Co. Inc. in Buffalo, N.Y., as director of business development. He brings with him over 30 years of experience in underwriting, management and marketing....

N.Y. State Compensation Fund Steadies the Market

Jun 16 2004 // Since its founding in 1914, the New York State Insurance Fund (NYSIF) has been focused on providing a workers’ compensation market for small to medium sized accounts. NYSIF has not been involved with big corporate...

Collins Associates Adds Johnson in N.Y. Office

Jun 15 2004 // John B. Collins Associates Inc., an reinsurance intermediary, announced that Frank Johnson has joined the firm as a vice president in their New York office. In his new role, Johnson will be responsible for establishing new...

AWAC Opens New York Branch

Jun 10 2004 // Allied World Assurance Company (U.S.) Inc., a subsidiary of Bermuda-based Allied World Assurance Holdings, Ltd., announced the formation of a branch office in New York City. Initially, the new office will focus on...

People and Places

Jun 7 2004 // Alan Crater Cynthia Young The Citizens and Hanover Insurance Companies announced that Alan Crater has been named regional president of their downstate New York and New Jersey commercial lines divisions and Cynthia H. Young...

Sen. Clinton, Bipartisan Coalition Ask USDA to Improve Apple Crop Insurance

Jun 3 2004 // New York Senator Hillary Rodham Clinton has joined with her Senate colleagues in a bipartisan campaign to improve crop insurance coverage for all apple growers in New York and across the country. In a letter to Agriculture...

New Surveillance Technology Unveiled to Fight No-Fault Auto Fraud in New York City

Jun 1 2004 // The latest tools in surveillance technology – “Joey and “Whisper” – are joining the fight against no-fault insurance fraud in New York City, according to the National Insurance Crime Bureau...

Former N.Y. WC Chair Snashall Affilates with CRM

May 26 2004 // Compensation Risk Managers (CRM) in Poughkeepsie, N.Y. has formed an affiliation with Snashall Associates, a consulting firm led by former N.Y. State Workers’ Compensation Board Chairman Robert R. Snashall that...

N.Y. Murder-for-Profit Suspect Charged Again

May 26 2004 // A Guyanese immigrant has been charged in the killings of two men whom prosecutors call the victims of a murder-for-profit and insurance fraud scheme that may have claimed the lives of at least 10 other people. Ronald...

N.Y. Businesses ‘Stunned’ by 29% Comp Rate Hike Bid

May 21 2004 // A recommendation from the New York Compensation Insurance Rating Board (CIRB) to increase employers’ average workers’ compensation premiums by 29 percent is “stunning and frightening,” according to...