Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New York Tweaks Clean Water Plan as Suppliers Call for More Time
Dec 24 2019 // New York would not issue violations against certain water suppliers who notify the public that they have too-high levels of certain industrial and synthetic chemicals under the latest plan to be proposed by state...
Plymouth Rock Assurance Expands Home, Auto Coverage to New York
Dec 24 2019 // Plymouth Rock Assurance, a data-driven home and auto insurance provider in the Northeast, has expanded its home and auto insurance coverage to residents and agents in New York. This marks the first time the 37-year old...
Top 10 Most Ridiculous Lawsuits of 2019: U.S. Chamber
Dec 18 2019 // A lawsuit over the tiny amount of lip balm at the bottom of the tube came in number one on the U.S. Chamber of Commerce’s list of the Top 10 Most Ridiculous Lawsuits of 2019. This year’s list also features...
Holiday Parties for Health, Liability-Conscious Wall Street Firms Feature Smoothies, Yoga
Dec 18 2019 // Fruit smoothies may become the new martini for Wall Street holiday parties. Banking and trading firm BTIG LLC, for example, cut alcohol from its annual employee celebration on Dec. 12 at its New York offices. Instead,...
Cigna Sells Group Disability Insurance Business to New York Life in $6.3 Billion Deal
Dec 18 2019 // Health insurer Cigna Corp. said on Wednesday it had agreed to sell its disability insurance and accidental death coverage unit for company employees to New York Life Insurance Co for $6.3 billion. The company said it...
Weinstein Deal Seen as ‘Wake-Up Call’ for Companies But Punishing to Some Victims
Dec 17 2019 // A tentative $25 million settlement revealed last Wednesday to end nearly every sexual misconduct lawsuit brought against Harvey Weinstein and his former film studio’s board has been praised by a plaintiff and some...
Special Report: The Charity Issue – Photos of Giving
Dec 16 2019 // Frank Winston Crum Insurance FWCI has an enterprise philosophy of philanthropy with a primary focus on helping people who cannot help themselves. FWCI has supported the Tampa Bay community for more than a decade with a...
EPIC Insurance Brokers and Consultants Hires Presutti to New York Operations
Dec 16 2019 // EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, has hired Matthew Presutti to its EPIC New York operations as managing principal on the employee...
People & Places
Dec 16 2019 // National Todd Jones QBE Insurance Group has appointed Todd Jones as CEO North America, succeeding Russ Johnston who the company said has decided to seek opportunities outside of QBE. Jones joins QBE from Willis Towers...
Concord Specialty Risk Hires Edgette in New York as VP of Tax Insurance Underwriting
Dec 13 2019 // Concord Specialty Risk has hired Matthew Edgette as vice president of Tax Insurance Underwriting, where he will take on a leading role in Concord’s Tax Insurance practice. Edgette will be based in New York, N.Y. For...
AXA XL Adds Novoa, Delaney to Environmental Insurance Team in New York
Dec 12 2019 // AXA XL has welcomed Senior Underwriters Odette Novoa and Erica Delaney to its Environmental insurance team in New York. Both have joined AXA XL’s Northeast regional environmental underwriting team and report to Hiral...
McDonald’s Has Friends in High Places in High-Stakes Labor Fight
Dec 12 2019 // In a television commercial that’s become part of the lore surrounding Donald Trump’s affinity for McDonald’s Corp., he embraced a purple, lumpy denizen of the fast-food chain’s...
Report: Weinstein, Insurers, Accusers Have Reached Tentative $47 Million Settlement
Dec 12 2019 // Harvey Weinstein, the disgraced film mogul charged with rape, reached a tentative $47 million settlement with accusers, potentially putting an end to many of the civil complaints against him, according to a person with...
New York Doors-Off Helicopter Ride Raised Concern Months Before Crash
Dec 12 2019 // A government safety inspector who saw a popular New York City, doors-off sightseeing helicopter flight operation six months before a fatal 2018 crash called it “unorthodox,” but officials thought they had no...
Exxon Beats New York Claim of Climate Change Accounting Fraud
Dec 10 2019 // Exxon Mobil Corp. won a closely watched securities-fraud trial that delved into its internal accounting for the financial risks of climate change, a striking rejection of New York state’s claim that the company...
World Insurance Associates Acquires New York’s J & S Risk Planning Group
Dec 10 2019 // World Insurance Associates LLC (WIA) acquired J & S Risk Planning Group LLC of Wantagh, N.Y., on November 1, 2019. Terms of the transaction were not disclosed. Founded in 2009, J & S Risk Planning Group LLC...
New York Governor Seeks Federal Disaster Funds for October Storm
Dec 4 2019 // New York Governor Andrew Cuomo is calling for federal funding to help New York communities recover from Halloween storms packing strong winds, heavy rain and flash flooding. Democrat Cuomo’s office cites state and...
Under New State Laws, Catholic Church Could See New Wave of Abuse Suits
Dec 4 2019 // A wave of new laws in 15 states that allow people to make claims of sexual abuse going back decades could bring a deluge of lawsuits against the Roman Catholic Church that could surpass anything seen so far in its clergy...
Generali’s Talks to Buy MetLife’s Europe Assets Stall over Price Differences: Sources
Dec 3 2019 // Italian insurer Assicurazioni Generali has held talks with U.S. rival MetLife Inc to buy the bulk of its European assets but discussions have stalled due to differences over price, four sources told Reuters. Generali,...
The Excess Line Association of New York Names Greene Director of Government Affairs
Dec 2 2019 // The Excess Line Association of New York (ELANY) has given Director of Strategic Initiatives Howard W. Greene the additional title of Director of Government Affairs. Greene, an industry veteran of more than 30 years, has...
