Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Alera Group Acquires New York’s Austin & Co.
Jul 12 2019 // Alera Group, a national insurance firm, has acquired Austin & Co. Inc., effective July 1, 2019. The firm expands Alera Group’s employee benefits and property and casualty expertise. Austin & Co., located in...
Aon Promotes Ronda to President of U.S. Reinsurance
Jul 12 2019 // Global broker Aon has promoted Aon veteran Tim Ronda to president of its U.S. Reinsurance Solutions business. He is based in New York. As president, he succeeds George deMenocal, CEO of U.S. Reinsurance Solutions, who has...
New York-Based Broker NFP Buys Toronto’s McLean Hallmark Insurance Group
Jul 12 2019 // New York City-based insurance broker and consultant NFP announced it has acquired Canadian broker McLean Hallmark Insurance Group Ltd. Financial details of the transaction, which closed on July 2, were not disclosed. Based...
RiverStone Acquires New York’s Rockville Risk Management and ER Quinn Company
Jul 9 2019 // RiverStone has acquired Rockville Risk Management and ER Quinn Company (collectively, Rockville). Rockville is a New York-based, privately-owned third-party administrator and loss adjusting company that provides...
Research Shows Suburban Population Near Natural Gas Storage in 6 States
Jul 9 2019 // About 65% of active natural gas storage (UGS) wells in the United States are located in suburban residential areas and not in more sparsely populated commercial, industrial, or even rural areas like many new unconventional...
New York DFS Superintendent Lacewell Announces New Executive Appointments
Jul 8 2019 // New York Department of Financial Services (DFS) Superintendent Linda A. Lacewell has announced new executive appointments. Steven F. Kluger has been appointed executive deputy superintendent for Capital Markets, James V....
Roman Catholic Archdiocese of New York Sues Insurers Over Future Abuse Claims
Jul 8 2019 // The Roman Catholic Archdiocese of New York has sued more than two dozen insurance companies, seeking to compel them to cover claims filed by people who say they were abused by clerics. Church officials anticipate that...
New York’s SterlingRisk Insurance Hires Rosu as Senior Program Underwriter
Jul 3 2019 // SterlingRisk Insurance, a Woodbury, N.Y.-based, independently owned insurance brokerage, has hired Taryn Rosu as senior program underwriter. In this role, Rosu will handle new business and renewals for the Combined Real...
New York Governor Cuomo Orders Probe into Facebook’s Advertising Platform
Jul 2 2019 // New York Governor Andrew Cuomo on Monday ordered the U.S. Department of Financial Services to investigate reports that state-regulated advertisers were using Facebook Inc’s advertising platform in a discriminatory...
QBE North America Hires Ryan as SVP of Analytics in New York
Jul 1 2019 // QBE North America, an integrated specialist insurer, has hired Risa Ryan as SVP of Analytics to lead the development and delivery of analytic services. Based in QBE’s New York office, Ryan will be responsible for...
People
Jul 1 2019 // National American International Group said Kathleen Zortman will join the company as president and CEO of Private Client Group, General Insurance. In this new role, Zortman will lead AIG’s global high net worth...
Purdue’s Sackler Family Must Face Opioid Suits in New York
Jun 26 2019 // The billionaire owners of Purdue Pharma LP must face a New York lawsuit claiming they triggered the U.S. opioid epidemic, a judge ruled, handing an early victory to states and local governments seeking to recoup billions...
New York City Uber Driver Gets Three Years for Kidnapping Sleeping Passenger
Jun 26 2019 // A man who drove for Uber in New York City has been sentenced to three years in federal prison for abducting a woman who fell asleep inside his vehicle. A judge Monday also ordered Harbir Parmar to pay more than $3,600 in...
JetBlue Lawsuit Claims Walmart Violates Its Trademark with Jetblack Service
Jun 25 2019 // JetBlue Airways Corp. has sued Walmart Inc. for trademark infringement, in an effort to stop the world’s largest retailer from using the name Jetblack for its text-based personal shopping service. In a complaint...
Financial Services Provides Plenty of Jobs – from Coast to Coast: Opinion
Jun 24 2019 // There were 755,436 people working in financial activities in the New York metropolitan area last year, more than twice as many as in the next-biggest area for such jobs, metro Los Angeles. But this amounted to just 8% of...
New York to Adopt Aggressive Emission Reduction Goals
Jun 20 2019 // New York would adopt some of the nation’s most aggressive emission reduction goals under a proposal worked out by state leaders and set for a vote in the state Legislature Tuesday night. Under the proposal, New York...
New York Effort to Legalize Marijuana Fails; Decriminalization Possible
Jun 19 2019 // New York state lawmakers couldn’t approve marijuana legalization this session, and the legislature is now considering a back-up bill that would expand access to the drug for medical reasons and decriminalize its...
New York Senator Schumer Calls for Repairs to Lake Ontario Infrastructure
Jun 18 2019 // New York Senator Chuck Schumer plans to call on the Army Corps of Engineers to provide funding for repairs to flood-ravaged infrastructure at Little Sodus Bay Harbor on Lake Ontario. A pier and a barrier bar began to...
Business Moves
Jun 17 2019 // National Ryan Specialty, Atlantic Specialty Ryan Specialty Group has acquired the assets and operations of Atlantic Specialty Lines Inc. The ASL team is now a part of R-T Specialty, the wholesale brokerage unit of Ryan...
Rebranded Crime App Aims for ‘People-Powered Public Safety Net’
Jun 14 2019 // One afternoon in late October 2017, hundreds of students from the elite Avenues private school in Manhattan were loaded onto buses, ready to head home. Suddenly, school principal Abby Brody got a disturbing smartphone...
