Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
NYSID’s Auto Complaint Rankings for 2000
Dec 28 2001 // The New York State Insurance Department has published its annual ranking of consumer complaints to the Department involving the insurance companies who write automobile coverage in the State. Each year, the NYSID handles...
Welcome to the 3rd Annual “Top Ten Stories of the Year”
Dec 24 2001 // In what became one of the most significant, traumatic and challenging years in U.S. history, the insurance industry, along with the rest of the nation, has had to come to terms with the terrorist attacks perpetrated...
London Insurance Community Collects $400,000 for New York’s Firefighters
Dec 21 2001 // The London Insurance Community presented a check for $400,000 to the New York Firefighters’ 9-11 Disaster Relief Fund to help families of firefighters killed in the attack on the World Trade Center. The money was...
New York Attack Caused Record Losses for Property Insurers
Dec 21 2001 // Initial Swiss Re estimates say that 2001 was a very costly year for property insurers. In a PRNewswire report, man-made and natural catastrophes claimed more than 33,000 lives worldwide in 2001, with the direct financial...
NY Charges Nine in Workers Comp Fraud Case
Dec 17 2001 // Following a nine-month investigation, New York authorities have charged nine individuals and one corporation on various counts of defrauding the State’s Workers’ Compensation Fund. The persons involved all...
Top 10 Stories of 2001
Dec 17 2001 // Recollections and Renewal: Looking Back at 2001 with an Eye to the Future This is the year that was. It is one that many people will be glad to see come to an end because the new year always brings hope—for a rebirth,...
Angels of the Industry 2001
Dec 17 2001 // The date of Sept. 11 has been indelibly etched into the minds of virtually every American. And yet, despite the tragic events of that day and their repercussions, at least one ray of hope has shone through—that is, the...
RIMS Tells NY Assembly to Support Adoption of Federal Terrorism Law
Dec 14 2001 // The Risk and Insurance Management Society urged the members of the New York State Assembly Insurance Committee not to permit terrorist exclusions at the state level, but to work with insurance industry leaders to assure...
One Man’s Escape from the Destruction of the World Trade Center: RLI V.P. Orza gives his firs-hand a
Dec 10 2001 // Although RLI lost its branch office in the World Trade Center as a result of the Sept. 11 terrorist attacks, the company was fortunate to have all its New York branch employees escape safely. And while the Executive...
Angels of the Industry 2001
Dec 10 2001 // The date of Sept. 11 has been indelibly etched into the minds of virtually every American. And yet, despite the tragic events of that day and their repercussions, at least one ray of hope has shone through—that is, the...
Police Smash Massive NYC Auto Insurance
Dec 6 2001 // Law enforcement officials announced the break up of a multi-million dollar automobile insurance fraud ring in the New York metropolitan area, resulting in charges being filed against 112 individuals and four corporations...
NAII Says NY Disaster Planning Approach Sets Example for All States
Nov 21 2001 // “The New York State Insurance Disaster Coalition (NYSID)’s masterful response to this catastrophe [the WTC attacks] proves that public and private entities working hand in hand can help mitigate even the worst...
Silverstein Claims Pair of Losses in WTC Disaster
Nov 19 2001 // The man who held the master lease on the World Trade Center is standing by his claim that the loss of the Twin Towers on Sept. 11 was two losses, not one, despite the call by insurer Swiss Re that there was only one loss...
American Airlines Crash Another Blow to Insurers
Nov 14 2001 // Insurance companies reportedly face $200 million in claims from the New York City plane crash on Nov. 12, an unwelcome blow for insurers still struggling with major losses from the Sept. 11 attacks. According to Reuters...
Silverstein Claims Pair of Losses in WTC Disaster
Nov 12 2001 // The man who held the master lease on the World Trade Center is standing by his claim that the loss of the Twin Towers on Sept. 11 was two losses, not one, despite the call by insurer Swiss Re that there was only one loss...
Ohio Director Sues New York-Based Company
Nov 8 2001 // Ohio Director of Insurance Lee Covington, acting in his capacity as liquidator of property and casualty insurer Credit General Insurance Company (CGIC), sued New York-based AmTrust Financial Group and its subsidiaries...
NY, NJ Agents Offer Halloween Safety Tips
Oct 31 2001 // The presidents of the Professional Insurance Agents of New York (PIANY) and of New Jersey (PIANJ), John Bailey and Steve Reichman, have both issued warnings to parents to observe certain basic safety rules for their trick...
NYSID Now Offers On-line Complaint Filing
Oct 30 2001 // The New York State Insurance Dept. announced that consumers can now file insurance complaints against companies, agents, brokers and others holding State licenses on its Web site. “The on-line complaint form was...
NY Psychologist Charged with Insurance Fraud
Oct 30 2001 // Local police have arrested Barbara Sternberg, a licensed psychologist in Yorktown Heights, on charges of insurance fraud, grand larceny and falsifying business records, following an investigation by the New York State...
NAII Lauds NY Court Ruling on Settlement Reimbursements
Oct 24 2001 // The New York State Court of Appeals recently ruled that insurance companies must treat settlements that “are not linked by a common origin” separately, and cannot combine them in order to tap into reinsurance...