Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
20 Things to Know About Surplus Lines Insurance in 2020
Feb 10 2020 // As we embark upon a new decade, the surplus lines insurance market has never been stronger. Growth in specialty products and demand for insurance protection in an increasingly dynamic, technological climate necessitates a...
New York Regulator Alleges NRA Violated State Insurance Laws
Feb 6 2020 // The New York Department of Financial Services (DFS) announced that it has served a statement of charges against the National Rifle Association (NRA). The Department alleges that the NRA, which does not have a license to...
Hub Acquires Assets of New York’s Kokkoris Insurance Services
Feb 6 2020 // Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Kokkoris Corp., d/b/a Kokkoris Insurance Services. Terms of the transaction were not disclosed. Based in Astoria, N.Y., Kokkoris...
New York Governor Signs Limo Safety Bills Inspired by Deadly Crashes
Feb 5 2020 // New York’s governor signed a package of limousine safety bills Monday that was inspired by deadly crashes in 2015 and 2018. One of the bills would require that motor vehicles converted into stretch limousines by...
Is the Pendulum Swinging Toward Defendants on New York Labor Law Claims?
Feb 4 2020 // Generally speaking, Labor Law Section 240(1) (“240”) imposes strict liability on owners and general contractors for certain height/gravity-related accidents that occur at construction projects. Establishing a...
Alliant Hires New York’s Hessel as Senior Vice President
Feb 4 2020 // Alliant has hired New York’s CJ Hessel as senior vice president. In this role, Hessel will provide customized risk and insurance solutions engineered to address industry-specific risks for clients across the...
APCIA to Co-Host Diversity and Inclusion Event in NYC
Feb 3 2020 // Washington, D.C. February 3, 2020 – The American Property Casualty Insurance Association (APCIA) is pleased to announce a partnership with the American Council of Life Insurers (ACLI) and the Life Insurance Council of...
Where Purdue Pharma-Sackler Legal Maters Stand Now
Jan 30 2020 // OxyContin maker Purdue Pharma LP and its controlling Sackler family have been negotiating with cities, counties and states on a proposed settlement worth an estimated $10 billion to resolve more than 2,600 lawsuits...
New York’s The Stahlka Agency Names Berg as a Partner
Jan 30 2020 // The Stahlka Agency has named Shawn Berg as a partner in the insurance agency. Berg joined the agency in 2011. He previously held similar roles at Marsh and also spent time on the carrier side with Safeco. He will be...
Making Big Oil Pay for Climate Change May Be Impossible
Jan 24 2020 // Exxon Mobil dodged a bullet last month when a judge rejected a novel climate-change lawsuit brought by New York’s attorney general. The case began with a promise from state officials that there would be a historic...
New Laws Spur Insurers to Reserve for Potential Child Sex-Abuse Claims
Jan 24 2020 // Travelers Companies Inc. has set aside a “modest” amount of additional money to cover its possible exposure to child sex-abuse claims, the insurer’s finance chief, Daniel Frey, told analysts during an...
The Hilb Group Acquires New York’s BR Vital Brokerage
Jan 23 2020 // The Hilb Group LLC (THG) has acquired New York-based BR Vital Brokerage Inc. (BRV). The transaction became effective January 1, 2020. Based in Brooklyn, N.Y., BRV is an independent brokerage primarily providing property...
Tort Reformers Proclaim Top 10 ‘Judicial Hellholes’ for 2020
Jan 21 2020 // It’s out: the annual report by tort reform advocates of what they say are the nation’s worst local courts and states that are abusing the civil justice system. The report also warns of state courts that did not...
Distinguished Programs Promotes Bah in Massachusetts, McFadden in New York
Jan 17 2020 // Distinguished Programs, a national insurance program manager, has promoted Mamadou Bah to regional sales executive and Renée A. McFadden to vice president and regional sales executive in New Jersey and eastern Long...
Christmas Ransomware Attack Hit New York Airport Servers
Jan 15 2020 // An upstate New York airport and its computer management provider were attacked by ransomware over Christmas, officials said. Officials at the Albany County Airport Authority announced Thursday that the attack came to light...
N.Y. Limo Drivers Face New Safety Rules After Deadly 2018 Crash
Jan 15 2020 // New York Governor Andrew Cuomo and leaders of the state legislature have agreed on a package of limousine-safety laws that would create a new driver’s license for operators, require seat belts, ban defective vehicles...
Harvard Professor Takes Aim at ‘Clickbait’ With Defamation Suit Against New York Times
Jan 14 2020 // A Harvard University professor known as an expert in intellectual property is suing the New York Times for its publication of a “sensationalized, false and defamatory ‘clickbait’ Internet headline and...
Beecher Carlson Insurance Services Hires Ehrlich to Its New York Office
Jan 14 2020 // Beecher Carlson Insurance Services LLC, a specialized large account insurance broker, has appointed Joe Ehrlich as Beecher Carlson’s National Practice Leader for Private Equity, Family Office, and M&A. Ehrlich...
New York Bans Use of Toxic Chemical in Firefighting Foam
Jan 14 2020 // New York plans to restrict the use of firefighting foam that contains certain chemicals that have the potential to contaminate groundwater. Firefighting foam can contain polyfluoroalkyl substances, or PFAS, which are...
New York Won’t Appeal Its Defeat in Exxon Climate Trial
Jan 13 2020 // New York won’t appeal a ruling by a judge who rejected the state’s claim that Exxon Mobil Corp. misled investors for years about the oil giant’s internal planning for risks associated with climate...
