Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
IRC Reports Increase in Losses in NY No-Fault Auto Claims
Apr 21 2001 // According to a new study by the Insurance Research Council (IRC), a division of the American Institute for CPCU and the Insurance Institute of America, losses in Personal Injury Protection (PIP) claims rose by 79 percent...
New York Life Settles Armenian Claims
Apr 13 2001 // New York Life Insurance Company has agreed in principle with plaintiff’s attorneys wherein the company has agreed to pay all valid claims in relation to Armenian policies written by the company in the Ottoman Empire...
AIA Negotiates New York Dole Assessment Resolution
Apr 12 2001 // The American Insurance Association (AIA) and New York State officials reached a fair, reasonable settlement which will return a substantial portion of a state assessment on workers’ compensation insurers that was...
Gregory Serio Nominated to be Next New York Insurance Superintendent
Apr 11 2001 // New York Governor George E. Pataki has nominated Gregory V. Serio to serve as Superintendent of the New York State Insurance Department, succeeding Neil D. Levin who left the top post at the agency to become Executive...
Levin Recommended as Exec. Director of Port Authority
Apr 2 2001 // New York Gov. George Pataki and Acting New Jersey Gov. Donald DiFrancesco have recommended New York State Insurance Superintendent Neil Levin to succeed Robert Boyle as executive director of the Port Authority of New York...
N.Y. Senate, Assembly Rejects Wrap-Up Proposal
Mar 28 2001 // The New York State Senate and Assembly introduced budget bills last week that omitted an Administration proposal that the Independent Insurance Agents of America, New York say would have proved costly for contractors and...
New York Man Arrested for Falsely Acting as an Insurance Broker
Mar 19 2001 // New York Superintendent Neil D. Levin announced that Andrew Hicks, 36, has been arrested on charges that he falsely acted in the capacity of an insurance broker. Hicks allegedly possessed and issued fictitious New York...
Levin Monitoring Insurance Carrier Conduct in Home Evacuations
Mar 14 2001 // The New York State Insurance Department is monitoring the conduct of insurance companies involved in home evacuations in Briarwood, New York where the homes were sinking. Five families in Briarwood have been evacuated from...
Liberty Mutual Assists in Probe of Car Theft Ring
Mar 6 2001 // Liberty Mutual Insurance Co. lent its cooperation in an investigation, conducted by the Westchester district attorney’s office, the Westchester County Dept. of Public Safety, the New York State Police and the New...
New York Shuts Doors on Alleged Phony Insurance Card Operation
Mar 5 2001 // New York Superintendent Neil D. Levin announced that a joint undercover investigation conducted by the Department’s Frauds Bureau and the New York City Police Department’s Auto Crime Division has led to the...
Allcity Ins. Co. Pulls out of New York State
Mar 2 2001 // Allcity Insurance Co. has announced that effective immediately it will no longer accept new applications or binders for any insurance policies and that it has filed plans of orderly withdrawal with the New York Insurance...
Agents Sue New York Life
Mar 1 2001 // A group of ten current and former New York Life agents filed suit against the company yesterday claiming the insurer held back retirement benefits and unfairly fired more than 1,300 agents. The agents allege that when the...
New York Agent Appointments Can Now Be Handled Online
Feb 23 2001 // New York Superintendent of Insurance Neil D. Levin announced that effective immediately all authorized insurers will have the ability to appoint and terminate licensed agents electronically. “This use of the internet...
NY to Offer Consumers “Live” Help on Website
Feb 15 2001 // The New York Department of Insurance is now offering consumers the opportunity to be engaged by a department representative to assist in their search of information when they visit the New York State Insurance Department...
Management buys New York Brokerage
Feb 7 2001 // New York-based Frenkel & Co. Inc. has a new owner-senior management as a result of a management buyout Monday led by Robert Shunk and John Kelly. Shunk will continue as chairman of Frenkel, and Kelly will serve as...
New York Implements e-Commerce Guidelines on Advertisements, Referrals and Solicitations
Feb 6 2001 // New York Superintendent of Insurance Neil D. Levin has issued guidance to the industry concerning the application of the New York Insurance Law to insurance advertisements, referrals, and solicitations on the Internet. The...
Concorde May Fly Again, Despite Lawsuits by Grieving Passenger Families
Feb 5 2001 // Last summer’s tragic Concorde crash continues to produce heartache as the lawsuits multiply and negotiations break down. Settlement talks between the lawyers for the victims’ families and Air France and its...
Daniel Varona to Become New York’s Deputy Superintendent
Jan 31 2001 // New York Superintendent of Insurance Neil D. Levin has named Daniel R. Varona a Deputy Superintendent effective immediately. Varona will oversee the activities of the department’s Life Bureau as well as coordinate...
Concorde May Fly Again, Despite Multiplying Lawsuits
Jan 29 2001 // Last summer’s tragic Concorde crash continues to produce heartache as the lawsuits multiply and negotiations break down. Settlement talks between the lawyers for the victims’ families and Air France and its...
NY DOI Revokes Agent’s License for Scam that Targeted Elderly
Jan 26 2001 // New York Superintendent of Insurance Neil D. Levin has revoked the license of insurance agent Tiber Tomshaw’s for the illegal sale of securities. He also issued a warning to New York consumers concerning the sale of...
