Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
State Farm to Cut Rates in New York
Sep 17 2018 // State Farm Mutual Automobile Insurance Co. has announced plans to cut its rates in New York state. As a result, the company’s overall personal auto rate in New York will drop by 3.4 percent. The total statewide...
Former Postal Worker Charged in N.Y. for Falsely Obtaining $160K in Disability Benefits
Sep 17 2018 // A former motor vehicle operator for the United States Postal Service (USPS) has been charged with making false statements to obtain federal employees’ disability compensation, according to a complaint unsealed in...
New York Challenges Federal Ruling Allowing Fintechs to Skirt State Regulation
Sep 14 2018 // New York state’s top banking regulator on Friday sued the U.S. Office of the Comptroller of the Currency, seeking to void its decision to begin granting national bank charters to financial technology companies. Maria...
EPIC Insurance Brokers and Consultants Acquires New York’s Vanbridge
Sep 14 2018 // EPIC Insurance Brokers and Consultants, a national retail insurance brokerage and employee benefits consulting firm, has acquired the assets, employees and operations of Vanbridge LLC, a specialty insurance intermediary,...
Brexit Knocks London Off Its Top Financial Center Perch; New York Benefits
Sep 12 2018 // New York has replaced London as the world’s top financial center as Brexit saps the confidence of U.K. industry professionals, according to a survey. Britain’s capital fell to second place in the Global...
Arthur J. Gallagher & Co. Acquires New York’s United Dealer Services
Sep 7 2018 // Arthur J. Gallagher & Co. has acquired United Dealer Services LLC. Terms of the transaction were not disclosed. Based in Highland Mills, N.Y., United Dealer Services LLC is a retail insurance broker and program...
Marijuana Advocates Urge New York to Make It Legal, Affordable
Sep 7 2018 // Marijuana advocates told a New York panel considering legalization that it should be affordable and accessible to everyone rather than enriching corporate producers and state tax coffers. Of about 30 people who spoke at...
Pryor Cashman Hires Loeber as a Partner in New York City
Sep 6 2018 // Pryor Cashman has hired insurance coverage attorney Christopher Loeber to the firm’s New York office to lead the newly-created Insurance Recovery and Counseling practice. With more than 20 years of experience, Loeber...
Concord Specialty Risk Hires Paul in New York
Sep 6 2018 // Concord Specialty Risk has hired Rustin I. Paul Esq. as executive vice president of Reps and Warranty Insurance Underwriting, where he will have a leading role in the future of the firm’s Reps and Warranty Insurance...
Eleven Aboard Flight from Dubai Hospitalized in Apparent Flu Outbreak
Sep 6 2018 // Eleven people on an Emirates airline flight were taken to a New York City hospital suffering flu-like symptoms on Wednesday after scores of passengers and crew complained of feeling sick during a 14-hour trip from the...
Plane from Dubai Held at New York Airport; 100 Passengers Reported Ill
Sep 5 2018 // As many as 100 passengers and crew reported feeling ill on Wednesday during an Emirates flight from Dubai to New York, and health workers were evaluating them as the airplane sat on the tarmac of JFK International Airport,...
Former Postal Worker Charged in N.Y. for Falsely Obtaining $160K in Disability Benefits
Sep 4 2018 // A former motor vehicle operator for the United States Postal Service (USPS) has been charged with making false statements to obtain federal employees’ compensation, according to a complaint unsealed in federal court...
New York Approves AXA Acquisition of XL Group
Sep 3 2018 // France’s AXA Group moved a step closer to closing on its acquisition of XL Group as Nw York insurance regulators have given their approval of the deal. New York’s Department of Financial Services (DFS) on...
New Jersey Investigating NRA-Sponsored Carry Guard Insurance
Sep 3 2018 // The New Jersey Department of Banking and Insurance is investigating the marketing and sale in New Jersey of insurance sponsored by the National Rifle Association for potential violations of state insurance laws. The...
Declarations
Sep 3 2018 // Alarming Statistic “Flood insurance will not keep rising water out of your home or business, but it will help protect the investment you have in them.” — Alabama Emergency Management Director Brian...
Proper Insurance Coverage for Construction Crucial in Avoiding Costly Litigation
Sep 3 2018 // If residential property owners don’t confirm proper insurance coverage and carefully consider labor laws when hiring contractors, they could be in for some costly litigation, according to two speakers at a July...
State Farm Mutual Automobile Insurance Company Announces New York Rate Cut
Aug 31 2018 // State Farm Mutual Automobile Insurance Company has announced it will cut its rates in New York. As a result, its overall personal auto rate will drop by 3.4%. The total state-wide expected impact for State Farm Mutual by...
Roost Partners with New York-Based Kingstone Insurance
Aug 30 2018 // Roost, a provider of home telematics for property insurance carriers, has partnered with New York-based Kingstone Insurance. Roost is a technology company headquartered in Sunnyvale, Calif. Kingstone is a property and...
Kushner Cos. Fined $210K by New York for False Documents
Aug 29 2018 // The Kushner family real estate company was fined $210,000 by New York City regulators on Monday following an Associated Press investigation earlier this year that showed it routinely filed false documents with the city...
Hiscox Appoints Peterson as Miscellaneous Professional Liability Product Head in N.Y.
Aug 29 2018 // Hiscox, an international specialist insurer, has appointed Tyler Peterson to miscellaneous professional liability product head in New York. Peterson joined Hiscox in 2012 as a professional risks underwriter and most...
