Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Judge Seeks to End Standoff Over NTSB Access to Crashed Limo in New York
Jan 30 2019 // Federal safety inspectors went to court to remove a roadblock in their investigation of a limousine crash that killed 20 people nearly four months ago. Schoharie County Judge George Bartlett heard arguments Tuesday over...
AM Best Removes MAPFRE NY from Under Review with Negative Implications
Jan 30 2019 // AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating to a- from a for MAPFRE Insurance...
New York’s JenCap Holdings Promotes Maher, Hires Nielsen
Jan 28 2019 // JenCap Holdings LLC (JCH), a specialty insurance business, has promoted Mark P. Maher to chief operating officer and hired David Nielsen as corporate chief financial officer. In his new role, Maher will work with the...
New York City’s Global Excess Partners Promotes Cook to VP, Managing Director
Jan 23 2019 // Global Excess Partners (GEP), a specialty insurance organization, has promoted Brendan Cook from vice president to vice president and managing director. He reports to Chris Zoidis, corporate executive vice president of...
XPT Group Acquires New York City’s SVA Underwriting Services
Jan 23 2019 // XPT Group LLC has acquired SVA Underwriting Services Inc., a trucking and transportation MGA and Lloyd’s Coverholder. SVA Underwriting specializes in physical damage and cargo cover with the ability to underwrite,...
Business Moves
Jan 21 2019 // EPIC Holdings, Integro EPIC Holdings Inc. in San Francisco has agreed to acquire Integro Holdings Inc., which houses the U.S. operations of New York-based Integro Group Holdings. The acquisition will add 400 team members...
N.Y. Workers’ Comp Board Launches Virtual Hearings Initiative
Jan 18 2019 // The New York State Workers’ Compensation Board has launched a new tool that makes it easier for injured workers, attorneys and other participants to attend workers’ compensation hearings remotely. The...
Cuomo Proposes Banning Stretch Limos from New York Roads
Jan 17 2019 // New York Governor Andrew Cuomo proposed banning stretch limousines from the state’s roads as part of a safety crackdown on large for-hire passenger vehicles following the deadliest U.S. transportation accident in...
New York, New Jersey Governors Set 2019 Goals to Legalize Recreational Marijuana
Jan 17 2019 // The Democratic governors of New York and New Jersey each set goals to legalize recreational marijuana as part of their 2019 agendas, declaring in separate State of the State speeches Tuesday that new laws should raise...
New York’s The Iroquois Group Hires Venus in Virginia
Jan 16 2019 // The Iroquois Group, an Allegany, N.Y.-headquartered network of independent insurance agencies, has hired Charles Venus as its vice president of Middle Market & Specialty. Venus is based in Northern Virginia. The former...
Cuomo Criticizes Predatory Lending Approach Involving New York Courts
Jan 16 2019 // New York Governor Andrew Cuomo is seeking to end his state’s role as the nation’s collections department for predatory loans to small businesses. Cuomo plans to submit legislation to curtail the use of...
Berkley One Expands into Florida, Ohio; Adds Flood Insurance in Select States
Jan 15 2019 // Berkley One, a startup insurance provider targeting the high net worth personal lines market, has expanded into Florida and Ohio. Working with select independent agents, Berkley One offers home, automobile, fine art and...
Feds to Examine Crashed Limo Three Months After Fatal New York Wreck
Jan 14 2019 // Federal investigators say they may recall employees furloughed under the government shutdown to start examining a limousine that crashed in upstate New York three months ago, killing 20 people. The National Transportation...
New York Fines Two Insurers $2.2M, Orders $8M in Rebates to Firefighters
Jan 11 2019 // The New York State Department of Financial Services (DFS) has fined Arch Insurance Company and National Union Fire Insurance Company of Pittsburgh, Penn., a combined total of $2.2 million in fines and ordered the insurers...
Acadia Insurance Appoints Morse as Regional VP, Branch Manager in New York
Jan 9 2019 // Acadia Insurance, a Berkley Company, has appointed Tim Morse as regional vice president and branch manager of its New York branch, effective January 1, 2019. He succeeds Joe Gresia, who on January 1, 2019, was appointed...
AXA XL Appoints Dicob to Excess Casualty Insurance Team in New York
Jan 9 2019 // AXA XL has appointed Andrew Dicob to its Excess Casualty Insurance team as leader for the U.S. Northeastern region. Based in New York and reporting to Donnacha Smyth, president of Global Excess Casualty, Dicob will work...
Cuomo Nominates Lacewell to Replace Vullo as Superintendent of New York DFS
Jan 8 2019 // New York Governor Andrew Cuomo has nominated his chief of staff and counselor Linda Lacewell as superintendent of the New York State Department of Financial Services (DFS). The appointment was announced by Governor...
Hub International Limited Acquires Assets of New York’s The Rubin Group
Jan 8 2019 // Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of The Rubin Group Inc. Terms of the transaction were not disclosed. The Rubin Group President Michael Rubin, along with his team, will...
Exxon Bid to Halt Climate Change Probes Rejected by U.S. Supreme Court
Jan 7 2019 // The U.S. Supreme Court on Monday cleared the way for the attorney general of Massachusetts to obtain records from Exxon Mobil Corp to probe whether the oil company for decades concealed its knowledge of the role fossil...
NYC Street Collapses Amid Gas Line and Water Main Ruptures
Jan 7 2019 // A New York City street and sidewalk collapsed Friday into a 40-foot-wide crater near a construction site as a gas line exploded and a water main ruptured. Authorities said no one was injured in the afternoon incident at...
