Latest New York Headlines

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

N.Y. WC BOARD REPORTS SUCCESS:

Feb 9 2004 // The New York State Workers’ Compensation Board resolved 315,000 claims in 2003—almost three claims per minute—marking the third consecutive year that the board has reached the 300,000 resolution mark. Interim...

N.Y. AGENTS SET LEGISLATIVE AGENDA:

Feb 9 2004 // Despite a recent decision by the state’s Court of Appeals that narrows the scope of the state’s so-called labor or scaffold law, the Independent Insurance Agents & Brokers of New York Inc. insists it will...

CALIF. COMMISSIONER ANNOUNCES SETTLEMENT ON BEHALF OF SURVIVORS OF VICTIMS OF ARMENIAN HOLOCAUST:

Feb 9 2004 // California Insurance Commissioner John Garamendi announced a settlement in long running litigation between descendants of the victims of the Armenian Genocide and the New York Life Insurance Company. “During the late...

Industry Must Sell More to Succeed, Stresses Willis’ Plumeri

Feb 9 2004 // Those who worry about outsiders taking over the insurance industry should be reassured when they witness not only Joseph Plumeri’s success but also his passion for the industry. Less than four years ago, Plumeri came...

No Brake Yet for Personal & Commercial Auto

Feb 9 2004 // The auto insurance market has come a long way since Travelers wrote the first third-party policy for Gilbert J. Loomis’s one-cylinder car in 1897. “I’ll never insure a gasoline can on wheels,”...

PIANY Notes Effect of Law to Protect Policyholders, Agents

Feb 6 2004 // The Professional Insurance Agents of New York State Inc. noted that as of Feb. 12 a new law comes into effect in New York that will give greater protection to the state’s insurance-buying consumers, who can be...

IIABNY Members Meet with Legislators During 34th “L-Day”

Feb 6 2004 // Nearly 200 agents and brokers gathered today at the State Capitol in Albany for the Independent Insurance Agents & Brokers of New York’s 34th Legislative Day. During the day, agents and brokers met with...

PIANY Summarizes 2004 Legislative Issues

Jan 30 2004 // The Professional Insurance Agents of New York, Inc. has released a statement summarizing the issues that face insurance producers and companies in the 2004 New York legislative session. The PIANY listed its legislative...

Calif. Commissioner Announces Settlement on Behalf of Survivors of Victims of Armenian Holocaust

Jan 28 2004 // California Insurance Commissioner John Garamendi announced a settlement in long running litigation between descendants of the victims of the Armenian Genocide and the New York Life Insurance Company. “During the late...

N.Y. Agent Arrested on 50 Counts of Insurance Fraud

Jan 28 2004 // New York State Insurance Department Superintendent Gregory V. Serio announced the arrest of Lon T. Horton, who has been charged with 43 counts of issuing fraudulent certificates of insurance, two counts of insurance fraud,...

NYSID Reports Record Fraud Fighting Year

Jan 27 2004 // The New York State Insurance Department’s Frauds Bureau 2003 Annual Report details some significant achievements made over the past year to combat insurance fraud. The Bureau racked up a record number of fraud...

PIANY Commends Authorities on Fraud Results, Urges Vigilance

Jan 27 2004 // The Professional Insurance Agents of New York State Inc. expressed the organization’s satisfaction at the fraud fighting efforts of both the NYSID (see previous article) and the Automobile Insurance Fraud Unit (AIFU)...

N.Y. Central Mutual Selects ISO Program for Replacement Value Calculations

Jan 27 2004 // New York Central Mutual (NYCM) has selected the ISO’s “HomeValue” ™ to estimate residential replacement values in order to write insurance policies that accurately reflect the real costs of...

Largest U.S. City and Home to Thousands of Fallen Heroes

Jan 26 2004 // The United States Census Bureau’s Census 2000 estimated the population of the State of New York at 18,976,457. Approximately 79 percent of the adult residents had graduated from high school and about 27 percent had...

Brooklyn Hosts PIANY’s MetroRAP

Jan 26 2004 // Brooklyn Borough President Marty Markowitz proclaimed Jan. 22, 2004, “Professional Insurance Agents of New York State Inc. Insurance Day,” coinciding with the PIANY’s annual Metropolitan Regional...

IIABNY ANNOUNCES LEG. PRIORITIES:

Jan 26 2004 // The Independent Insurance Agents & Brokers of New York Inc. want the state’s lawmakers to work harder to fight fraud and free up the construction industry from a severe crisis created by obsolete provisions in...

IIABNY Supports “Get Smart About Insurance Week”

Jan 23 2004 // In a show of support for the New York Insurance Department’s efforts promoting “Get Smart About Insurance Week,” the Independent Insurance Agents & Brokers of New York Inc. hosted Superintendent of...

Robert Goodman Joins Rothschild As a Managing Director-Insurance Sector

Jan 19 2004 // Robert Goodman, a veteran investment banker who specializes in the insurance sector, has joined Rothschild as a Managing Director in its Financial Institutions Group based in New York. Gerald Rosenfeld, CEO of Rothschild...

Esurance Announces New N.Y. Auto Coverage

Jan 19 2004 // Esurance Inc., a direct-to-consumer personal auto insurance company, will give New York drivers another option to consider when shopping for auto insurance. The company, a subsidiary of White Mountains Insurance Group,...

PIANY Honors Faina Aynbinder, Nicole DeVito

Jan 19 2004 // The Professional Insurance Agents of New York State Inc. announced that Faina Aynbinder will receive its Bernard I. Kozel Memorial Scholarship award and Nicole DeVito will receive its Arthur I. Moll Memorial Scholarship...