Latest New York Headlines

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

PIANY Says Increased Motor Vehicle Fees are Misdirected

May 1 2003 // The Professional Insurance Agents of New York State Inc. has issued a statement indicating that the state budget proposal to raise the current $1 annual Motor Vehicle Law Enforcement Fee to $5 is misdirected. “If the...

IBANY Briefed on Plans for Lower Manhattan, Captive Insurers

Apr 30 2003 // Representatives of the New York State Insurance Department and the Lower Manhattan Development Corp. recently briefed members and guests of the Insurance Brokers’ Association of New on the development of captives to...

PIANY meets with NYSID on Captive Bill

Apr 29 2003 // David Isenberg, the President of the Professional Insurance Agents of New York and President-elect T.J. Derella recently met with the New York State Insurance Department’s Senior Deputy Superintendent Peter Molinaro...

N.Y. Man Arrested for Fraudulently Reporting Auto Theft to Further Scheme

Apr 18 2003 // New York Superintendent of Insurance Gregory Serio announced the arrest of Ricky DeSantis of Rochester, who was charged with insurance fraud, attempted grand larceny and falsifying business records. It is alleged that on...

IBANY Elects Directors for 2003-2004

Apr 17 2003 // The Insurance Brokers’ Association of the State of New York will re-elect five directors and elect two new directors to its board of directors during the association’s annual membership meeting April 24 at...

N.Y. Superintendent to Address Marine Issue Seminar April 28

Apr 14 2003 // New York Superintendent of Insurance Gregory Serio will address “Marine Insurance Issues 2003” seminar sponsored by the American Institute of Marine Underwriters (AIMU) on Monday, April 28 at the Marriott...

N.Y. Ind. Agents Push for Swift Leg. Action to Avert Looming Crisis in State’s Property Market

Apr 14 2003 // Time is quickly running out for the New York State Legislature to reportedly avert a disruption in the state’s property insurance market. At the same time, according to the Independent Insurance Agents Association of...

Former N.Y. Opticians Billing Clerk Arrested for Altering Benefit Forms

Apr 11 2003 // New York Superintendent Gregory Serio and Albany County District Attorney Paul Clyne announced the arrest of Caroline Burr-McCann, 35, a former billing clerk for State Opticians who is charged with insurance fraud. An...

PIANY Long Island RAP 2003 Is a Success Despite the Weather

Apr 9 2003 // The early spring chill wasn’t enough to keep nearly 400 agents, company representatives and industry colleagues from showing up at The Professional Insurance Agents of New York State Inc.’s Long Island Regional...

NAII Says N.Y. Anti-Spam Bill Could Hinder Insurer E-Mailings

Apr 8 2003 // The National Association of Independent Insurers expressed concerns that insurers doing business in New York could be adversely affected by a proposed “anti-spam” bill, which could interfere with their ability...

Ford Blames Liability Law for Decision to Stop Leasing Cars in NY

Apr 7 2003 // The Ford Motor company’s finance division announced plans to stop leasing automobiles in New York state as of July, due to the state’s present “vicarious liability” law which holds leasing companies...

IBANY to Hold Annual Meeting/Reception April 24

Apr 2 2003 // The Insurance Brokers’ Association of the State of New York announced that its annual meeting and spring reception will be held on Thursday, April 24, 2003 at Bridgewaters in the South Street Seaport, 11 Fulton St.,...

NYSID Announces Arrest of Cooperstown Insurance Agent in Fraud Scheme

Mar 31 2003 // The New York State Insurance Department announced the arrest of Shannon Whiteman of Roseboom, New York, an agent of the Bob Putnam Insurance Agency in Cooperstown, on charges of grand larceny and forgery. Her arrest...

AlphaStar to Sell Subs to Georgia’s AIM

Mar 27 2003 // Bermuda-based AlphaStar Insurance Group Limited reported it has entered into a definitive agreement to sell three subsidiaries to an affiliate of American Insurance Managers Inc. (AIM) of Atlanta, Ga. The subsidiaries...

AlphaStar to Sell Its Realm National and World Trade Subsidiaries to AIM

Mar 26 2003 // Bermuda’s AlphaStar Insurance Group Limited announced that it has entered into a definitive agreement to sell three subsidiaries, Realm National Insurance Company (RNIC), a New York-domiciled property-casualty...

Swiss Re and Penn State to Host Financial Strategy Workshop on Managing Weather and Climate Risk

Mar 26 2003 // Swiss Re announced that it will host a one-day, executive education workshop entitled, “Weatherproof Your Business: New Financial Strategies For Managing Weather and Climate Risk,” in partnership with Penn...

NYSID Announces Arrest of Camillus Man for Fraudulent Auto Theft Claim

Mar 24 2003 // New York’s Superintendent of Insurance Gregory V. Serio announced that an investigation into a suspected fraudulent motor vehicle theft insurance claim has resulted in the arrest of Steven P. Oslica, of Camillus, New...

NY to Widen Scope for Captives

Mar 24 2003 // New York Governor George E. Pataki and New York City Mayor Michael R. Bloomberg jointly announced new legislation that will allow a wider range of businesses “the opportunity to utilize captive insurance companies to...

Resurrection-First Steps to WTC Resurrection as Coverage Fight Continues

Mar 24 2003 // With the selection of the design submitted by Berlin-based architect Daniel Libeskind, rebuilding of the World Trade Center site has begun. Walking around the 16 acres of open space in the heart of New York one finally...

NY Authorities Charge Four in $68,400 Workers Comp Fraud Scheme

Mar 20 2003 // Queens District Attorney Richard A. Brown, New York State Insurance Department Superintendent Gregory V. Serio, New York State Workers’ Compensation Fraud Inspector General John H. Burgher, Jr. and New York City...