Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
U.S. Pension Funds Sue Allianz After $4 Billion in Coronavirus Losses
Sep 28 2020 // Pension funds for truckers, teachers and subway workers have lodged lawsuits in the United States against Germany’s Allianz, one of the world’s top asset managers, for failing to safeguard their investments...
New York Again Ranks as Top Global Financial Hub But London Gains in Volatile Index
Sep 25 2020 // New York again heads the rankings of the world’s leading global financial centres. The Global Financial Centres Index 28, launched by London think tank Z/Yen Group in partnership with the China Development Institute...
New York Drywall Installer Arrested for Failing to Provide Workers’ Comp Insurance
Sep 25 2020 // New York State Inspector General Letizia Tagliafierro has announced the arrest of a capital region area drywall installer who allegedly failed to provide legally required workers’ compensation insurance to his...
New York, California Could be Fastest Growing States for Renewables
Sep 24 2020 // U.S. environmental policies will drive long-term demand for renewable energy, Moody’s Investors Service said in a new report. The report depicts a “a credit positive for renewable energy developers” in...
Reliance Global Group Acquires New York’s UIS Agency
Sep 24 2020 // Reliance Global Group Inc. has acquired the assets of UIS Agency LLC, a Thiells, N.Y.-based insurance agency serving the commercial transportation industry. Reliance Global Group CEO Ezra Beyman said in a company press...
Beazley Beefs Up Executive Risk Team in U.S. with 6 More Recruits
Sep 22 2020 // Specialty insurer Beazley has expanded its underwriting and claims presence in the U.S. with new hires for its Executive Risk team that focuses on board-level risks facing businesses and their executives. Elizabeth...
New York Calls on Insurers to Address Climate-Related Financial Risks
Sep 22 2020 // New York State Department of Financial Services (DFS) Superintendent Linda Lacewell today implemented several new initiatives to address climate-related financial risks, calling on insurers to begin integrating these...
Music Festivals Testing ‘Bubble’ Strategies to Bring Back Outdoor Events
Sep 22 2020 // A 200-strong coterie of mostly men gathered in the Poconos Mountains earlier this month to engage in what some regard as this pandemic era’s ultimate taboo: a bacchanalian party. The Utopia music festival took place...
California Burnin’ – a Warning Against One-Party Rule: Opinion
Sep 22 2020 // “California, folks, is America fast forward.” Thus said Governor Gavin Newsom, hoarsely, amid brown smoke at the North Complex Fire on Sept. 11. “What we’re experiencing right here is coming to a...
Three Suffer Minor Injuries When New York City Subway Hits Debris and Derails
Sep 22 2020 // Three passengers suffered minor injuries Sunday when a New York City subway train derailed after hitting construction debris that had been thrown onto the tracks, authorities said. The derailment happened at about 8:15...
Business Moves
Sep 21 2020 // National Carlyle, Alera Group New York-based investment firm The Carlyle Group led a $150 million investment for Deerfield, Ill.-based Alera Group, the property and casualty, employee benefits insurance broker that is a...
First Charges Filed Under New York’s Cyber Reg Involve First American Data Leak
Sep 21 2020 // The New York State Department of Financial Services (DFS) filed cybersecurity charges against a title insurance provider for exposing millions of documents containing consumers’ personal information. The charges are...
New York Charges Johnson & Johnson with Insurance Fraud Over Opioid Claims
Sep 18 2020 // New York state filed civil charges on Thursday accusing Johnson & Johnson of insurance fraud for downplaying the risks of opioid painkillers, including to doctors and elderly patients. Governor Andrew Cuomo said the...
Alliant Insurance Services Hires Parker as Senior Vice President in New York
Sep 17 2020 // Alliant is continuing to grow its team in New York, recently adding Brennen Parker as senior vice president. Parker, who is based in Albany, N.Y., will design and deploy insurance solutions to address industry-specific...
Alliant Insurance Services Hires Cyber Risk Specialist Loftus in New York
Sep 16 2020 // Alliant Insurance Services has named cyber risk and insurance specialist John Loftus to work alongside Robert Horn in running Alliant’s cyber initiatives. Loftus is based in New York and maintains a network of...
Lawsuit Claims EPA Has Failed to Enforce Chesapeake Bay Pollution Caps
Sep 16 2020 // The Environmental Protection Agency has failed to ensure that Pennsylvania and New York are doing enough to reduce pollution that flows from farms and cities into the Chesapeake Bay, according to a lawsuit filed on...
Dunkin’ Donuts Parent Settles New York Cyber Attack Lawsuit, Agrees to Pay Fine
Sep 16 2020 // The parent of Dunkin’ Donuts on Tuesday agreed to upgrade its security protocols and pay $650,000 in fines and costs to settle a lawsuit by New York’s attorney general claiming it ignored cyber attacks that...
U.S. Court Upholds State Tax on Drugmakers to Defray Opioid Crisis Costs
Sep 15 2020 // A federal appeals court on Monday cleared the way for New York state to collect about $200 million from drug manufacturers and distributors by imposing a surcharge on them to defray the costs of combating the opioid...
Governor Cuomo Clears Way for Indoor Dining to Resume in New York City
Sep 11 2020 // New York City restaurants can resume indoor dining on Sept. 30 at 25% capacity with temperature checks for customers and other restrictions, Governor Andrew Cuomo said Wednesday. Cuomo said all customers will undergo...
New York’s Preferred Mutual Hires Raue as Senior Vice President of Claims
Sep 11 2020 // Preferred Mutual Insurance Company has hired Michelle Raue as senior vice president of claims. In this role, Raue will be responsible for building the vision and executing the strategy to deliver an innovative and...
