Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New York DOI Codifies Statutory Accounting Principles
Jan 2 2001 // New York Superintendent of Insurance Neil D. Levin announced the adoption of a new regulation implementing a codification of statutory accounting principles for insurers. The purpose of the codification is to enhance the...
AXA, AXA Merger Complete Exchange Offer for AXA
Dec 26 2000 // AXA and its wholly owned subsidiary, AXA Merger Corp. have completed their exchange offer for all outstanding shares of common stock of AXA Financial, Inc., other than shares owned by AXA and its subsidiaries and shares...
Allcity Withdraws From Several Lines in New York
Dec 21 2000 // Allcity Insurance Company will non-renew all voluntary statutory automobile (public livery vehicles: black cars, suburban cars and medallions) policies effective March 1, 2001. In addition, the company said, effective...
New York Man Arraigned for Insurance Fraud
Dec 20 2000 // New York Superintendent of Insurance Neil D. Levin announced that Arnold J. Pieroni Jr., 49, of Lewiston was arraigned on Dec. 15, 2000. He plead not guilty on two counts of insurance fraud in the second degree and one...
InsuranceNoodle Adds New York; Now Licensed in 30 States, D.C.
Dec 13 2000 // InsuranceNoodle has added New York to its roster of states in which it is licensed to do business. InsuranceNoodle, an online insurance e-broker for small businesses, is now licensed to provide its products, services, and...
New York Completes PIN Network; Licensing, Filing, Reporting to Become More Efficient
Dec 6 2000 // New York Superintendent of Insurance Neil D. Levin announced yesterday that the New York DOI has recently completed all the requirements set forth by the State Regulation 2000 program by implementing the Producer...
New York DOI Releases Ranking of Against Auto Insurers
Dec 5 2000 // New York Superintendent of Insurance Neil D. Levin has released the department’s annual ranking of consumer complaints against New York State’s private passenger automobile insurance companies and announced...
New York Auto Theft Ring Shut Down; 17 Indicted
Nov 27 2000 // New York Superintendent of Insurance Neil D. Levin announced the indictment of 17 individuals in connection with the operation of a multimillion-dollar auto theft, dismantling and stolen parts ring operating in Queens and...
New York Adopts NAIC Model Privacy Regulation
Nov 10 2000 // The New York Department of Insurance issued emergency regulation Thursday in light of the Nov. 13 effective date of the Gramm-Leach-Bliley Act, adopting the National Association of Insurance Commissioners’ Model...
New York Life Investment Management To Acquire Towneley
Oct 30 2000 // New York Life Investment Management Holdings, a wholly owned subsidiary of New York Life Insurance Co., has signed a definitive agreement to acquire the assets of Towneley Capital Management relating to the investment...
Joint Amicus Brief Supporting N.Y. No-fault Changes to be Filed
Oct 26 2000 // Changes in New York’s no-fault auto insurance regulation will help prevent fraud and lower costs, according to an amicus brief the National Association of Independent Insurers and the American Insurance Association...
17 New Yorkers Charged with Workers Comp Fraud
Oct 23 2000 // Seventeen individuals have been charged with bilking the New York Insurance Fund and other carriers of over $130,000 in workers’ comp benefits by falsely claiming they were disabled, said New York Superintendent of...
Two New Members Join the iwix.net Team
Oct 23 2000 // In a move to manage and grow its expanding business development efforts, iwix.net, an Internet-based specialty insurance marketplace, recently appointed Timothy C. Woodhull as senior vice president of sales and business...
N.Y. Workers Comp Assessment System Altered
Oct 16 2000 // New York Gov. George Pataki has signed a law changing how insurers are assessed by the state for six special workers compensation funds. Assessments under the new law will be made based on the amount of premium written....
The Pioneering Women of TEXAS: How a generation of insurance women was born
Oct 9 2000 // On June 2, 1944 at 9:30 a.m. in the roof garden of the Hotel Adolphus in Dallas, the first meeting of the Insurance Women of Texas was opened by call to order by Mrs. Ruth A. Fredde, president of the Insurance Women of...
NY DOI Approves Streamlined Filing Procedures
Sep 22 2000 // The first product reviewed under the New York Department of Insurance’s new procedures for expediting the review process for product filings has been approved. The procedures were a part of an overall initiative to...
Buffalo, N.Y. Independent Agency Launches e-Service Unit
Aug 29 2000 // The Lawley Service Insurance Group of Companies, the largest independent insurance agency in Buffalo, N.Y., has launched a new Internet division staffed with eight additional employees. Consumers can access their services...
New Procedures to Streamline Product Approval Process in New York
Aug 23 2000 // New York Insurance Department is using new procedures to expedite the review process for product filings made with the department as a part of an overall initiative to reform the insurance regulatory process in New...
Seven Arrested In Bronx Insurance Fraud Sweep
Aug 22 2000 // Seven people, including a 67-year-old medical doctor, have been arrested and charged in connection with various unrelated schemes to commit insurance fraud amounting to nearly $271,000. The arrests are the culmination of a...
FRONTIER SUED IN NY
Aug 21 2000 // A class action lawsuit was filed in U.S. District Court for the Southern District of New York on behalf of all individuals who purchased Frontier Insurance Group Inc. securities during the Class Period between Aug. 5,...
