Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
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...
N.Y. Comptroller Drops Subpoena As Insurance Department Agrees to Begin Liquidation Bureau Audit
Apr 5 2004 // New York State Comptroller Alan Hevesi said he has withdrawn his subpoena of a state office that had refused to submit to an audit of its books.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...
N.Y.Towns Shielded From Suit If Lead Programs Fail
Apr 2 2004 // Local governments cannot be sued if their lead paint abatement programs fail to protect some citizens from poisoning, the state’s highest court ruled this week. The Court of Appeals said it reached that conclusion...
N.Y., Conn. Reps. File Ground Zero Worker Health Bill
Mar 31 2004 // U.S. Representatives Carolyn Maloney (D-NY) and Christopher Shays (R-CT) have filed legislation they say will significantly improve the way the federal government has responded to the health care needs of September 11...
I.I.I. Reports Auto Insurance Rate Increases Dropping By More than Half
Mar 30 2004 // The cost of auto insurance is expected to rise by 3.5 percent in 2004, the smallest increase in four years, according to the Insurance Information Institute (I.I.I.). The declining number of auto accidents due to better...
Former N.Y. Arena Football Star Arrested on Workers’ Compensation Fraud in Calif.
Mar 30 2004 // Superintendent of Insurance Gregory V. Serio announced that Chris Perry, a former star on the Buffalo Destroyers arena football team, has been arrested in California on grand theft charges.Perry, who began collecting New...
ACE USA Appoints Alfieri NY Regional Executive
Mar 29 2004 // ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, has announced the appointment of John Alfieri as Regional Executive – New York Region. “Based in New York City, Mr. Alfieri will...
N.Y. Agents Name Harleysville Top Commercial Partner
Mar 26 2004 // Pennsylvania’s Harleysville Insurance has issued a bulletin noting that for the second time in three years, it has been named the “Top Partner in Commercial Lines” during Westchester County’s 38th...
Hub International Unveils Exclusive Program for Embassies
Mar 25 2004 // Hub International Limited (www.hubinternational.com) has developed an exclusive program to provide property and casualty insurance to embassies, consulates and missions to the United Nations. In the past this was...
Workers’ Comp Provider CRM Expands into Calif. with Three New Programs
Mar 25 2004 // To respond to the growing needs in California for affordable workers’ compensation insurance, Compensation Risk Managers (CRM) has begun offering coverage through three new programs, available through independent...
PIA Mgmt. Services Names New Pres.-CEO, Chairman
Mar 24 2004 // PIA Management Services Inc. announced the recent selection of Kenneth Bessette as its president and chief executive officer succeeding outgoing President James E. Reed who had held the position for the past 20 years. The...
N.Y. Gov. Pataki Offers WC Reform Package
Mar 23 2004 // Governor George E. Pataki, at the Business Council’s Small Business Day in Albany, unveiled a plan to reform New York’s Workers’ Compensation system. Pataki’s plan would reduce workers’...
N.Y. Official Subpoenas Liquidation Unit
Mar 23 2004 // The New York State Comptroller has charged that the Superintendent of Insurance and a unit of the New York Insurance Department (NYSID) responsible for handling liquidations have refused to cooperate in an audit of its $3...
Scampas, Nylund Join Willis Group
Mar 23 2004 // Global insurance broker Willis Group Holdings announced that two new executives have been named to its management team. Jeanette Scampas has joined Willis from AIG as Executive Vice President, responsible for Global...
Terrorism and TRIA – What’s in Store for the Future’
Mar 22 2004 // Two years later, fate of the historic act remains unknown If a camel is a “horse made by a committee” then the Terrorism Risk Insurance Act (TRIA), passed by Congress in November 2002, is a law made by several...
