Latest New York Headlines

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

NAII Calls Recently Ended N.Y. Legislative Session ‘Disappointing’

Jun 25 2003 // The National Association of Independent Insurers, commenting on the recently concluded session of the New York state legislature, which adjourned last week, said that it had “turned out to be a disappointing session...

NYSID’s Licensing Capability via the Internet Nears 300,000

Jun 25 2003 // New York’s Superintendent of Insurance Gregory V. Serio announced that the State’s insurers are successfully utilizing the ability to appoint and terminate licensed agents electronically, as the online...

NYSID to Hold Public Hearing on Proposed Workers’ Comp Rate Increase

Jun 24 2003 // The New York State Insurance Department announced that it has scheduled a public hearing on July 3, to consider the application of the New York Compensation Insurance Rating Board (NYCIRB) for a workers’ compensation...

S-5700 Passes N.Y. Assembly – Extends NYPIUA, Restores “2%” Rule

Jun 24 2003 // The New York Assembly followed their colleagues in the State’s Senate by passing legislation, S.5700, which extends the New York Property Insurance Underwriting Association’s authority for another year and...

PIANY Notes Passage of N.Y. Insurance Bills as Senate Session Ends

Jun 23 2003 // The Professional Insurance Agents of New York has issued a bulletin commenting on the effects of legislation passed by the state’s Senate as it ended its spring session last week. The Assembly remains in session to...

N.Y. Dept. Arrests Liverpool Man for Arson in Syracuse Building Fire

Jun 20 2003 // New York Superintendent of Insurance Gregory Serio announced that David W. Jones of Liverpool, New York, was arrested and charged with Arson in the third degree and Insurance fraud in the second degree. It is alleged that...

International Insurance Society Global Conference to be Held in NYC

Jun 17 2003 // The 39th annual seminar of the International Insurance Society (IIS), hosted by the Insurance Information Institute, is scheduled to be held July 13-16, 2003 at the Waldorf-Astoria in New York. Among the issues to be...

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...