Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New York Ins. Superintendent Withdraws 381 Circular Letters
Jan 23 2001 // New York Superintendent of Insurance Neil D. Levin announced that the department has completed its first ever across-the-board review of all circular letters. The evaluation was conducted to determine the consistency of...
New York State Insurance Department May Act to Assist Small Businesses
Jan 23 2001 // The New York State Insurance Department is investigating whether insurance policies for sole proprietors are priced too high. The department says there are indications that the rates may be justified to move toward small...
New York Fraud Convictions Reach New High
Jan 22 2001 // New York Superintendent of Insurance Neil D. Levin announced that the department’s year-end fraud fighting statistics show that arrests and criminal convictions reached an all time high. In 2000, arrests increased...
Arizona Firm Wins Right to File Suit in New York Court
Jan 16 2001 // A lower court decision that an Arizona insurance company could not sue its former attorney for malpractice, negligence and fraud was reversed last week by the Appellate Division of Arizona’s Supreme Court. Senate...
New York Bank Completes Agency Acquisitions
Jan 10 2001 // Tompkins Trustco Inc., a multi-bank holding company, has completed the previously announced acquisition of Austin Hardie Wise Agency Inc. and Ernest Townsend & Son Inc., effective January 1, 2001. The combined agency...
Donegal Completes Acquisition of Pioneer
Jan 4 2001 // Donegal Group Inc. has completed the acquisition of Pioneer Insurance Co., which is headquartered in Greenville, New York, from Donegal Mutual Insurance Company effective January 1, 2001. The purchase price will be equal...
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....
