Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Business Moves
Jul 6 2020 // East High Street Insurance Partners, Gates-Cole Associates Traverse City, Michigan-based High Street Insurance Partners has acquired Gates-Cole Associates in New Hartford, New York. Financial details of the transaction...
Car Crashes Became Deadlier During Lockdowns Across Globe
Jul 6 2020 // Coronavirus lockdowns led to reductions in traffic and fewer car crashes this spring, but as drivers sped up on quieter roads, the collisions became deadlier in several cities, a Reuters analysis shows. In New York City,...
Novartis Pharmaceuticals Agrees to Pay $678M to Settle Doctor-Bribe Claims
Jul 2 2020 // Novartis Pharmaceuticals Corp. agreed to pay $678 million to resolve a whistle-blower case accusing the company of paying kickbacks to thousands of doctors who prescribed its drugs and wooing them with lavish dinners and...
McDermott Will & Emery Adds Byrne to Its New York Office
Jul 1 2020 // International law firm McDermott Will & Emery is continuing to build its insurance-sector capabilities with the addition of Jane M. Byrne to its New York office. Byrne is the most recent arrival to the growing...
New York’s LiquidX Appoints Lynady as Managing Director
Jun 30 2020 // LiquidX has appointed Todd Lynady as managing director and global head of Insurance Sales and Business Development. In this newly created role, Lynady will be responsible for leading the firm’s sales, origination and...
New York Insurance Broker Arrested, Charged in $1M Fraud Scheme
Jun 30 2020 // A New York state insurance broker has been arrested and charged with wire fraud, attempted wire fraud and aggravated identity theft and is facing a maximum penalty of 20 years in prison. U.S. Attorney James P. Kennedy Jr....
Car Crashes Became Deadlier During Lockdowns Across Globe: Reuters Insight
Jun 30 2020 // LONDON – Coronavirus lockdowns led to huge reductions in traffic and fewer car crashes this spring, but as drivers sped up on quieter roads, the collisions became deadlier in several cities, a Reuters analysis...
Florida Counties to Crack Down on Businesses as Virus Cases Surge
Jun 25 2020 // This story has been updated from an earlier version: Floridians traveling to the New York City area will be required to quarantine as Florida’s new confirmed coronavirus cases skyrocketed by 5,500 Wednesday, a 25%...
Jewish Sleepaway Camp Operators Sue for New York Coronavirus Closures
Jun 25 2020 // A group of Jewish summer camp operators has filed a lawsuit against New York Governor Andrew Cuomo for his decision to keep overnight camps closed this summer due to the coronavirus pandemic. The Association of Jewish Camp...
World Insurance Associates Acquires New York’s Millennium Medical Solutions Corp.
Jun 24 2020 // World Insurance Associates LLC (WIA) acquired Millennium Medical Solutions Corp. of Armonk, N.Y., on June 1, 2020. Terms of the transaction were not disclosed. Millennium Medical Solutions Corp. is an employee benefits...
Millions of Abandoned Oil and Gas Wells Pose Environmental, Health Risks
Jun 23 2020 // In May 2012, Hanson and Michael Rowe noticed an overpowering smell, like rotten eggs, seeping from an abandoned gas well on their land in Kentucky. The fumes made the retired couple feel nauseous, dizzy, and short of...
Fireworks Blamed for Fire That Destroyed New York Apartment Building
Jun 23 2020 // Fireworks may have started a fire that destroyed a three-story apartment building in Yonkers, injured 12 firefighters and left six families homeless, a fire department official said Sunday. The Journal News reported that...
A Picasso, an $18M Hole, a Casino Owner, an Auctioneer, an Insurer and a Contractor
Jun 23 2020 // Insurance specialist LeConte Moore and professional fine art appraiser Vincent Wiener deal with high-profile performers and artists and their works so hearing talk of big dollar figures is not unusual. Moore says he and...
Health Workers Processing Shock of Virus Fight, Uneasiness in Current Quiet
Jun 18 2020 // Outside a back door to a hospital where the coronavirus hit like a hurricane, a half-dozen staffers gathered recently to look back, and look inward. “I am still scared,” Dr. Gwen Hooley told her colleagues at...
N.Y. AG Urges Apple, Google to Protect Consumers Using Contact Tracing Apps
Jun 16 2020 // New York Attorney General Letitia James has urged Apple, maker of the iPhone, and Google, developer of the Android operating system, to take steps to protect consumer information and privacy as New Yorkers and Americans...
Supreme Court Bans Employment Bias Against Gay, Transgender People
Jun 15 2020 // The U.S. Supreme Court on Monday delivered a watershed victory for LGBT rights, ruling that a landmark federal law forbidding workplace discrimination protects gay and transgender employees. The 6-3 ruling represented the...
The Debate Between Business Owners, Insurers Over Business Interruption Claims Continues
Jun 15 2020 // As the insurance industry faces litigation and questions over virus-related claim denials, it could soon be dealing with another business income hurdle due to the civil unrest that has taken place in many U.S. cities...
Business Moves
Jun 15 2020 // East Alera Group, Georgetown Insurance Services Alera Group, a national employee benefits, property/casualty, retirement services and wealth management firm, has acquired Georgetown Insurance Service Inc. The Georgetown...
New York Charges Drugmaker Endo with Insurance Fraud Over Opioid Claims
Jun 11 2020 // New York state filed civil charges on Wednesday accusing Endo International Plc of insurance fraud for misrepresenting the safety and efficacy of its opioid drugs, adding fuel to the nation’s opioid crisis. Governor...
New York DFS Launches Program to Drive Innovation Post-Pandemic
Jun 10 2020 // The New York State Department of Financial Services (DFS) has launched DFS FastForward, a new program to support innovators seeking to deliver new solutions in financial services, fintech, insurtech and healthtech for New...
