Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
N.Y. Employers to Speak Out on Cutting WC Costs
Mar 22 2004 // A coalition of New York employers led by the Independent Insurance Agents & Brokers of New York Inc. will urge state lawmakers at a public hearing this week to fix the state’s badly broken workers’...
Carter Added as Nominee for Marsh & McLennan Board
Mar 22 2004 // Marsh & McLennan Companies Inc. approved the addition of Zachary W. Carter to the slate of nominees for the board of directors of MMC. MMC shareholders will be asked to elect Carter to the board at the company’s...
Togetherness
Mar 22 2004 // What’s this country coming to? Twice in the past few weeks compromise reared its seldom-seen head in discussion over local insurance issues. That’s right, compromise, as in comp, as in promise, as in company,...
People and Places
Mar 22 2004 // Alan Ring Insurance Journal announced the promotion of Alan M. Ring to the position of vice president of sales and marketing. Ring joined Wells Publishing, publisher of Insurance Journal magazine and Insurance Journal...
All Wrapped Up in Workers’ Comp
Mar 22 2004 // No surprise, but with the first quarter of 2004 drawing to a close, workers’ compensation remains, as it has been for many years, one of the most troubled lines of insurance in the United States. On a calendar year...
CRM Underscores NY Health Care Trust Financial Strength, Continues Growth of Customer Base
Mar 17 2004 // Compensation Risk Managers announced from its Poughkeepsie headquarters that its Healthcare Industry Trust of New York (HITNY) product remains on solid financial ground and continues to provide “high quality,...
N.Y. Turns to Cybersetttle to Handle Claims with Insurers in Liquidation
Mar 17 2004 // Cybersettle, a White Plains, N.Y. online settlement company, has been contracted by the New York State Insurance Department Liquidation Bureau to accelerate the resolution of claims filed with insurance companies currently...
Credit-Based Scoring Tops AIA Agenda at Spring NAIC Gathering in New York City
Mar 12 2004 // The issue of credit-based insurance scoring will once again reportedly be the subject of much discussion and attention during the spring meeting of the National Association of Insurance Commissioners (NAIC) in New York,...
NYC to Host NAIC Meeting March 13-16
Mar 11 2004 // New York’s Superintendent of Insurance Gregory V. Serio announced that New York City will host the 2004 Spring National Meeting of the National Association of Insurance Commissioners (NAIC) from March...
NYSID Announces 100-Count Auto Fraud Indictment
Mar 10 2004 // New York’s Superintendent of Insurance Gregory V. Serio and Attorney General Eliot Spitzer aren’t resting on last year’s achievements in fighting fraud (See IJ Website Mar.9). Yesterday they announced the...
NYSID Selects Top 10 ‘Rotten Apples’ in 2003 Fraud Review
Mar 9 2004 // New York’s Superintendent of Insurance Gregory V. Serio announced the his Department’s “Top 10” list of the worst insurance fraud cases in the state for 2003. “This list of ‘Rotten...
Tort Reformers Look to Score in States after Washington Strikes Out
Mar 8 2004 // Last fall at a University of Virginia Law School forum on tort reform, some of the nation’s top tort experts agreed there were no easy answers on how to solve the nation’s longstanding love-hate relationship...
N.Y. Pizza Shop Owner Faces Workers Comp Fraud Charges
Mar 8 2004 // New York’s Superintendent of Insurance Gregory V. Serio announced that the owner of Village Pizza & Burger, located at 156 North Main Street in Spring Valley, N.Y., has been arrested and charged with insurance...
Willis Reorganizes Board, Adopts Guidelines
Mar 5 2004 // Global insurance broker Willis Group Holdings Limited announced significant changes to its Board of Directors as well as the adoption of new corporate governance guidelines. Three directors associated with Kohlberg,...
N.Y. Arrests 12 for Workers’ Comp Fraud
Mar 2 2004 // New York’s Superintendent of Insurance Gregory V. Serio joined Queens District Attorney Richard A. Brown, NY State Insurance Fund Executive Director Kenneth Ross and NY State Workers’ Compensation Fraud...
IIABNY Survey Finds Most Northeast In-Home Businesses Vulnerable
Mar 1 2004 // A survey, conducted by the Independent Insurance Agents & Brokers of New York Inc, found that “tens of thousands of home-based businesses in New York and eight other Northeast states are needlessly at risk...
N.Y. Gov. Pataki Announces $4.3 Million in Grants to Combat Auto Theft and Fraud
Feb 26 2004 // Governor George E. Pataki has announced $4.3 million in grants to 27 programs to reduce motor vehicle theft and insurance fraud across New York State. The funding will be distributed to programs that provide law...
AIA Opposes N.Y. Workers’ Comp Bill
Feb 25 2004 // The American Insurance Association joined the PCI (See IJ Web site Feb. 24) in opposing legislation – Assembly Bill A. 9736 – under consideration in New York, indicating that the measure would further erode a...
PCI Says N.Y. Workers’ Comp Benefit Increases Must Be Balanced with Reform
Feb 24 2004 // The New York Assembly Labor Committee on Tuesday reviewed a bill to introduce workers’ compensation benefit increases that industry experts and the New York Workers’ Compensation Rating Board reportedly fear...
NEW YORK EYES MUNICIPAL REFORMS:
Feb 23 2004 // The New York Senate says its municipal liability reform package (S. 2944, S.5395) would save local governments across New York State $1 billion dollars by limiting judicial awards which proponents claims have spiraled out...
