Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Chemical Firm BASF and Its Law Firm to Pay $72.5M to Close Talcum-Asbestos Claims
Jul 24 2020 // BASF SE, the world’s biggest chemical maker, and a law firm agreed to pay a combined $72.5 million to resolve claims they hid evidence that certain talc products contained asbestos in an effort to scuttle thousands...
New York Company to Pay $200K in Penalties for Safety Violations
Jul 24 2020 // A home and personal care fabric products manufacturer will correct hazards at its five manufacturing facilities in New York and pay $200,000 in penalties to resolve safety violations after an investigation by the U.S....
Insurers Exploring ‘New World’ of Police Officer Professional Liability
Jul 24 2020 // U.S. insurers and brokers are starting to craft professional liability coverage for police officers, spurred on by signs that policymakers in some cities and states want to use a financial stick to curb police...
New York ‘Bad Faith’ Bill Repeats Mistakes of California and Florida
Jul 23 2020 // The State of New York may be on the verge of making the same mistake that has driven Florida auto insurance premiums through the roof, and that did the same in California until its high court learned the error of its...
First Charges Filed Under New York’s Cyber Reg Involve First American Data Leak
Jul 22 2020 // The New York State Department of Financial Services (DFS) has filed cybersecurity charges against a title insurance provider for exposing millions of documents containing consumers’ personal information. The charges...
AIG Will Move to New Manhattan Headquarters in 2021
Jul 22 2020 // American International Group is moving its global headquarters in 2021 as part of a continued push to modernize its operations, the company disclosed on July 21. The property/casualty insurance giant will still maintain a...
New York’s ENV Insurance Agency Joins AssuredPartners
Jul 21 2020 // ENV Insurance Agency LLC of Liverpool, N.Y., has joined AssuredPartners Inc. The team of 26 will remain under the operational leadership of Ed Vaughn and Terry Engels. The agency currently reports $7.5 million in...
Everest Insurance Hires DeBlasi to Retail Property Group in New York
Jul 21 2020 // Everest Insurance has hired Dean DeBlasi to its Retail Property group as vice president and East region manager. In this role, he will be responsible for overseeing the retail property portfolio and developing and...
Mintz Adds Five to Insurance and Reinsurance Practice in Washington D.C., New York
Jul 20 2020 // Law firm Mintz has added a group of five practitioners to its Insurance and Reinsurance Practice. Deirdre G. Johnson, Paul W. Kalish, Suman Chakraborty and Ellen MacDonald Farrell joined as members, and Elaine Panagakos...
Report Says COVID-19 Brought to N.Y. Nursing Homes By Infected Staff, Visitors
Jul 16 2020 // A New York State Department of Health (NYSDOH) report says the coronavirus outbreak that has afflicted nursing homes throughout the state may have resulted from staff and visitors unknowingly infecting residents early in...
East Coast’s Insured Loss From Tropical Storm Fay to Tally Near $400 Million: KCC
Jul 15 2020 // The insured loss from Tropical Storm Fay will be close to $400 million, according to catastrophe risk modeling firm Karen Clark & Company (KCC). KCC said its estimate includes the privately insured wind and storm surge...
Federal Judge Rejects Weinstein’s $18.9 Million Sex-Abuse Settlement
Jul 15 2020 // A federal judge won’t give preliminary approval to a proposed $18.9 million settlement between Harvey Weinstein and nine women who claim he sexually assaulted or abused them, saying the tentative deal isn’t...
Judge Denies NRA Bid to Block Regulatory Hearing on Its Gun Liability Insurance
Jul 15 2020 // The National Rifle Association will have to appear for a regulatory hearing over allegations it violated New York law by marketing an insurance policy for shootings that critics have dubbed “murder...
Coalition Hires Weryk in New York as Head of Business Development
Jul 14 2020 // Coalition, a cyber insurance and security company, has hired Marcin Weryk as head of Business Development. Weryk brings more than 15 years of insurance industry experience as a cyber and technology E&O underwriter to...
Traffic Cameras Could Help Reduce Racism in Traffic Enforcement: Opinion
Jul 13 2020 // Speed cameras made their U.S. debut in 1986 in Galveston County, Texas. The Swiss-made devices, dubbed “PhotoCops” by the local company that lent them to police departments in exchange for a cut of the ticket...
Tropical Storm Fay Heads to New York, Southern New England
Jul 10 2020 // Quick-moving Tropical Storm Fay strengthened as it moved toward southern New Jersey, where it was expected to make landfall Friday afternoon before sweeping north to New York with a curtain of heavy rain and thrashing...
Weinstein Reaches Tentative $19M Deal With Accusers
Jul 7 2020 // NEW YORK — Harvey Weinstein and his former studio’s board have reached a nearly $19 million settlement with dozens of his sexual misconduct accusers, New York state’s attorney general and lawyers in a...
Aon’s Jackson Joins TigerRisk in New York
Jul 7 2020 // Industry advisory firm TigerRisk Partners announced that Joe Jackson has joined its North American team. Jackson joins TigerRisk from Aon, where he was managing director of Reinsurance Solutions. He joined Benfield (later...
State Judge Rejects Michigan Restaurants’ COVID-19 Business Interruption Claim
Jul 7 2020 // A trial court judge in Lansing, Michigan handed a victory to insurers in what may be the nation’s first final ruling on the question of whether a property insurer is liable for financial damages caused by a...
Return-to-Work Safety: Employers Find Testing Employees More Trouble Than It’s Worth
Jul 6 2020 // From nursing homes in New York and a landfill in Utah to Disney World and the Las Vegas Strip, employers are wrestling with workplace safety in the age of Covid-19 and making fraught calculations about how to safeguard...
