Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Former N.Y. Broker Charged with Selling False Workers Comp Policy
Jun 16 2003 // New York State Insurance Department Superintendent Gregory Serio announced the arrest of Ross Anderson, 47, a former insurance broker, on charges that he falsified business records by selling fraudulent insurance, leaving...
NAII Says N.Y. Assembly Bill to Ban Credit Scoring Won’t Help Consumers
Jun 11 2003 // The National Association of Independent Insurers has issued a bulletin indicating that a New York Assembly bill that would prohibit insurers from using credit scores in underwriting would do a greater disservice to...
N.Y. Agent Arrested for Stealing Annuity Money from Clients
Jun 9 2003 // New York’s Superintendent of Insurance Gregory V. Serio and Suffolk County District Attorney Thomas J. Spota announced the arrest of Michael C. Cammarota, 57, a life insurance agent and owner of Descap Financial...
N.Y. Governor Introduces
Jun 5 2003 // New York’s Governor George E. Pataki announced that he has introduced legislation to provide enhanced insurance protections for New York State business owners. The Governor said the legislation would allow for the...
N.Y. Doctor Announces Settlement of Defamation Action Against Allstate
Jun 5 2003 // New York physician Dipak Nandi, M.D. issued an announcement that he has settled his U.S. Federal District Court defamation action against Allstate Insurance Company and Encompass Insurance, a division of Allstate Insurance...
N.Y. Healthcare Alliance Warns of Cuts as Med Mal Premiums Rise
Jun 4 2003 // The New York Healthcare Alliance (NYHA), a coalition of healthcare providers and workers from approximately 75 hospitals throughout the state, has issued a warning that, as a result of a recent court ruling, “New...
NYC Marathon Adds ING to Title as Company Signs Sponsorship Deal
Jun 3 2003 // ING, the Dutch financial services and insurance group, announced that it has concluded an agreement with the New York Road Runners for the first-ever title sponsorship of the New York City Marathon. The city’s world...
N.Y. Holocaust Survivors to Receive $1.1 Million from ICHEIC
Jun 3 2003 // New York Department of Insurance Superintendent Gregory V. Serio announced that the state’s “Holocaust survivors will benefit from an initial payment of $1.1 million being allocated to four social service...
Three Men Indicted in N.Y. Motorcycle Fraud Ring
Jun 2 2003 // Eliot Spitzer, New York’s Attorney General, and State Insurance Department Superintendent Gregory V. Serio jointly announced the arrest of three men, Michael Colon, Rafael Feliz and Fermin Gonell, named as defendants...
Baldwinsville, N.Y. Man Arrested for Making Fraudulent Property Claims
Jun 2 2003 // It was a busy week for the New York Insurance Department’s Fraud Squad. In addition to arresting three men charged in a motorcycle scam ring in the Bronx (see previous article), Superintendent Gregory V. Serio also...
New York Central Mutual Tells PIANY Education and Technology are Essential
May 27 2003 // The Professional Insurance Agents of New York State Inc. met with representatives of New York Central Mutual Insurance Co. on May 22, as part of its continuing “Company Outreach Program.” The discussion topics...
E.G. Bowman, NY’s Largest Minority and Woman-Owned Insurance Brokerage, Celebrates 50th Anniversary
May 27 2003 // This month marks the 50th anniversary of the founding of E.G. Bowman Company, Inc. by Ernesta G. Procope, who set up her storefront insurance agency in Brooklyn’s Bedford-Stuyvesant neighborhood in 1953. The...
NAII Says N.Y. Mold Study Bill
May 22 2003 // The National Association of Independent Insurers has issued a statement indicating that proposed legislation in New York that would require the Department of Health to conduct a comprehensive study on the health risks of...
N.Y. Arrests Six on Workers’ Comp Fraud Charges
May 21 2003 // Nassau District Attorney Denis Dillon, the New York State Insurance Department, the State Insurance Fund and the Inspector General of the Workers’ Compensation Board jointly announced the arrest of six individuals...
Kevin Markowski Named Branch Manager of Benfield’s N.Y. Office
May 21 2003 // Benfield [formerly Benfield Blanch], a leading global reinsurance intermediary, announced the appointment of Kevin Markowski as branch manager of its New York office. “Mr. Markowski has been a leading force in the...
N.Y. Dept., Albany County D.A. Announce Sentencing of Owner of State Opticians
May 16 2003 // New York Superintendent Gregory Serio, along with Albany District Attorney Paul Clyne, announced that Dierdre Wolberg, co-owner of State Opticians has been sentenced to six months house arrest and five years felony...
Aon to Sponsor NY Howard University Summer Intern Event
May 15 2003 // Aon announced that it is joining a number of New York area insurance and consulting firms that have teamed up with Howard University to sponsor a special summer intern program designed to encourage highly qualified...
PIANY Urges lawmakers to End NYPIUA Stalemate
May 15 2003 // The Professional Insurance Agents of New York State Inc., issued a bulletin “imploring lawmakers in Albany to end the stalemate that threatens to deny tens of thousands of New Yorkers access to home and commercial...
N.Y. Man Arrested on Arson Charge
May 13 2003 // New York Superintendent of Insurance Gregory Serio announced that Richard J. Turkow of Binghamton, New York, was arrested last week and charged with Arson in the third degree and Insurance Fraud in the third degree. It is...
PIA Reports Court Applies New Legal Theory to New York Insurers
May 12 2003 // In an unanimous ruling, the Appellate Division of the New York State Supreme Court recently applied an apportionment theory of liability that had previously only been used in pollution cases to a case involving lead paint,...
