Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Industry Tells N.Y. Lawmakers Alternatives to TRIA in Works in Case Congress Fails to Renew as Hoped
May 7 2004 // The insurance industry has rebounded after the September 11th terrorist attack on the World Trade Center – the largest loss in insurance history, according to the New York Insurance Association (NYIA). Addressing a...
N.Y. Woman No Jewel; Arrested on Fraud Charges
May 7 2004 // New York Superintendent of Insurance Gregory Serio and Manhattan District Attorney Robert Morgenthau on Friday announced the arrest and indictment of a Manhattan resident for attempting to collect $262,000 in an insurance...
N.Y. Again Faces Renewal of FAIR Plan
May 5 2004 // The Professional Insurance Agents of New York State Inc. is asking lawmakers in Albany to reauthorize the New York Property Insurance Underwriting Association, which offers tens of thousands of New Yorkers access to home...
N.Y. Dept.’s of Insurance, State Recognize Arson Awareness Week, Encourage New Yorkers to Join Fight
May 4 2004 // New York Superintendent of Insurance Gregory Serio and Secretary of State Randy Daniels on Monday recognized national “Arson Awareness Week” by encouraging New Yorkers to protect themselves from arson-related...
People and Places
May 3 2004 // Leonard Brevik The National Association of Professional Insurance Agents (PIA) has named Leonard C. Brevik as executive vice president of the association and chief executive officer of its for-profit subsidiary, PIA...
Supt. Serio to Join CEOs on IIABNY Panel May 6
Apr 30 2004 // The Independent Insurance Agents & Brokers of New York Inc. will sharpen its focus on the future of the insurance industry May 6 when it hosts a CEO Roundtable at the association’s 2004 Local Association...
N.Y. Jury Denies Drug Convict’s Med-Mal Claim
Apr 29 2004 // A federal jury in New York has ruled against a convicted drug mule who claimed he was improperly forced to undergo surgery to remove heroin-filled condoms he had ingested. William Meequaye Kanyi filed suit against doctors,...
Acquisition of Oxford to Boost UnitedHealth’s Share of Region’s Fortune 500 Firms’ Business
Apr 28 2004 // With its planned acquisition of Oxford Health Plans Inc., UnitedHealth Group is turning its focus on boosting insurance enrollment to the more than 90 Fortune 500 companies in Connecticut, New York and New Jersey, company...
PCI Insurance Fraud Expert Addresses NY Conference
Apr 26 2004 // Rey Becker, the Property Casualty Insurers Association of America’s (PCI) vice president, personal lines, addressed insurance company CEOs, presidents, vice presidents and other senior executives about the ongoing...
Despite N.Y. Attorney General Concern, CIAB Says Placement Service Agreements Not an Issue
Apr 26 2004 // The Council of Insurance Agents & Brokers commented that Placement Service Agreements (PSAs) between commercial insurance brokers and the insurance carriers with which they do business are not an issue of concern in...
N.Y. Attorney General Spitzer Targets Insurance Broker Compensation Agreements
Apr 23 2004 // Marsh& McLennan, Willis Group and Aon Corporation have confirmed that they have received subpoenas from New York Attorney General Eliot Spitzer. The subpoenas are seeking information as part of a preliminary inquiry...
N.Y. Bill Would Mandate Insurance for Dog Owners
Apr 22 2004 // New York State Assemblyman Peter M. Rivera has proposed requiring all dog owners in the state to carry liability insurance for their pets. He has nicknamed his bill “Elijah’s Law” for a 3-year-old boy,...
N.Y. File-and-Use Law Upheld:
Apr 19 2004 // The New York State Court of Appeals has ruled that the state insurance commissioner does not have the authority to disapprove or modify rate increases or decreases on filings that are properly submitted under the...
N.Y. Comptroller Drops Subpoena:
Apr 19 2004 // New York State Comptroller Alan Hevesi said he has withdrawn his subpoena of a state office that had refused to submit to an audit of its books. The state insurance department has agreed to participate in the first step of...
People and Places
Apr 19 2004 // Thomas Bradley Schaumburg, Ill.-based commercial lines insurer Zurich North America announced that Thomas Bradley will become chief operating officer of finance and administration and chief financial officer of its North...
N.Y. Casualty/Surety Club Elects Zurich’s Casey
Apr 14 2004 // Zurich, North America reports that the board of the Casualty and Surety Club of New York has elected William J. Casey, Jr., vice president of Zurich’s Northeast region, as its new president. Casey served as the...
Smithtown, N.Y. Bank Buys E. Setauket Agency
Apr 14 2004 // Bank of Smithtown in New York has reached an agreement to purchase the Seigerman-Mulvey Co. insurance agency of East Setauket, N.Y. Seigerman-Mulvey Co. is a 30 year-old independent agency which places policies with more...
FEMA, N.Y. City Reach 9/11 Accord
Apr 13 2004 // The Federal Emergency Management Authority has agreed to a plan that could relieve New York City of up to $350 million in costs for debris removal from the Sept. 11 terrorist attacks. The $350 million had become an issue...
N.Y. Builders to Form Own Liability Insurer
Apr 12 2004 // Having seen the pool of private insurers selling them policies dry up, home builders in New York will provide their own coverage. “We are taking matters into our own hands,” said Phil LaRocque, executive vice...
N.Y. High Court Backs File-and-Use Statute
Apr 7 2004 // The New York State Court of Appeals has ruled that the state insurance commissioner does not have the authority to disapprove or modify rate increases or decreases on filings that are properly submitted under the...
