Latest New York Headlines

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

IIAA Expresses Condolences, IIAANY Coordinates Agent Community Response

Sep 11 2001 // The Independent Insurance Agents of America (IIAA) released a statement expressing its heart-felt condolences to the victims and their families. IIAA and the Independent Insurance Agents Association of New York (IIAANY)...

Are Fine Arts Floaters A Silver Lining in the Insurance Market Cloud’

Sep 10 2001 // Unlike many lines of insurance, the fine arts and collections market has so far managed to avoid the difficulties of a hardening environment. But is it robust enough to carry the industry through tough times? Maybe not,...

S&P GIVES FRONTIER ‘R’

Sep 10 2001 // On Aug. 28, Standard & Poor’s assigned its ‘R’ financial strength rating to Frontier Insurance Co. after the New York State Insurance Department and Frontier reached an agreement for Frontier to...

Are Fine Arts Floaters A Silver Lining in the Insurance Market Cloud’

Sep 3 2001 // Unlike many lines of insurance, the fine arts and collections market has so far managed to avoid the difficulties of a hardening environment. But is it robust enough to carry the industry through tough times? Maybe not,...

S&P Assigns Frontier Insurance Co. ‘R’ Rating

Aug 29 2001 // Standard & Poor’s assigned its “R” financial strength rating to Frontier Insurance Co. after the New York State Insurance Department and Frontier reached an agreement for Frontier to enter into...

NAII Seeks Corrections in NY Insurance Fraud Bill

Aug 23 2001 // The National Association of Independent Insurers warned that several loopholes in recently passed legislation by the New York State Assembly (AB 8654-D), aimed at correcting abuses in the State’s no-fault auto...

Insurer Files Cell Phone Coverage Lawsuits

Aug 20 2001 // According to Mealy Publications, a trio of insurance coverage lawsuits related to cell phone personal injury litigation have been filed in recent weeks. Zurich-American Insurance Co. on July 23 filed actions in New York...

New York Investigation Nets Fraud Charges

Aug 17 2001 // New York State Insurance Department Superintendent Gregory Serio, along with host of other agencies, announced the filing of charges against 67 individuals allegedly involved in a major insurance fraud ring. Criminal...

Willis and Lockton Cos. Come to Resolution

Aug 15 2001 // Willis Group Holdings Limited and Lockton Companies Inc. announced that Willis of New York has won against Lockton Companies Inc., Gary Giulietti, Warren McGrath, Richard Leveroni and John Lumelleau in the Southern...

N.Y. to Require Speedier Processing of Injury Claims After Auto Accidents

Aug 13 2001 // The New York Insurance Department is taking a major step to help reduce insurance fraud by adopting a regulation requiring speedier processing of injury claims after an auto accident, according to the NAII. According to...

NAII Says Legislative Inaction Threatens Insurance Market; No-Fault Fraud Still Rampant August 10,

Aug 10 2001 // According to the National Association of Independent Insurers (NAII), rather than address the rampant no-fault fraud that costs New York consumers over a billion dollars each year, the legislature yesterday allowed several...

AIA Disagrees with NY Assembly’s Refusal to Extend Insurance Laws

Aug 9 2001 // The New York State Assembly’s decision to allow crucial sections of the state insurance law to expire is bad news for consumers, according to the American Insurance Association (AIA). These actions cancel the few...

New York Broker Arrested For Alleged Sale of Bogus Policies

Aug 7 2001 // New York State Insurance Department Superintendent Gregory V. Serio along with Queens District Attorney Richard A. Brown, New York City Police Department Bernard B. Kerik, and New York State Worker’s Compensation...

TowerStreet Goes Live in New York, New Jersey, Connecticut

Jul 27 2001 // TowerStreet, a leading provider of insurance software and services, announced that its Internet exchange has gone “live” in New York, New Jersey, and Connecticut. SmartWorks™, TowerStreet’s new hosted,...

Ingraham and Begala to be Featured at IIAA

Jul 26 2001 // Republican political observer Laura Ingraham and former Clinton White House Senior Adviser Paul Begala are feature commentators for a political discussion at the Independent Insurance Agents of America’s (IIAA)...

N.Y. Agents Trade Association Promotes Executive

Jul 17 2001 // Richard A. Poppa, Chief Executive Officer of the Independent Insurance Agents Association of New York Inc., announced the promotion of Lisa Lounsbury, IIAANY’s vice president of marketing, membership and market...

N.Y. Workers’ Comp Levels Will Not Increase

Jul 17 2001 // There will be no overall increase in workers’ compensation rates for the state of New York in the coming year, according to Superintendent Gregory Serio. Along with a decrease in the assessment, the net impact will...

Study Shows Only 1 in 100 Children in NY and PA Are Properly Restrained

Jul 6 2001 // The Partners for Child Passenger Safety Study (PCPS) released data from its surveys of 6 to 8 year olds in New York and Pennsylvania, showing that “less than 1 percent” are properly restrained as passengers in...

NY Banks Drop Charges for Holocaust Payments

Jul 5 2001 // New York’s banks have agreed to waive their usual charges on wire-transfers for Holocaust survivors who receive monthly reparations payments following settlements with insurers and banks. N.Y. Assemblyman Dov Hikind...

NY Insurance Dept. Upgrades Website

Jul 3 2001 // The New York State Insurance Department recently added new features to its Licensing Information Online Network (LION) system, which will eventually allow agents to apply for licenses, or for licenses to be terminated,...