Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New York Court Affirms Gas Company on the Hook for Environmental Cleanup Costs
Apr 16 2018 // The New York Court of Appeals has ruled that KeySpan Gas East Corporation is responsible for costs to clean up environmental contamination caused by manufactured gas plants owned by its predecessor during years when there...
Progressive The Latest to Comply With New York Auto Insurance Rate Regulation
Apr 16 2018 // A fourth major auto insurance company in New York has reached a compliance agreement with the New York Department of Financial Services (DFS) regarding DFS’ final regulation against discriminatory auto insurance...
New York DFS Urges Insurers to Encourage the Use of Commercial GPS
Apr 13 2018 // The New York Department of Financial Services (DFS) has advised its regulated insurers to encourage policyholders that investing in commercial global positioning system (GPS) equipment could reduce motor vehicle collisions...
Climate Change Act: Commit New York to Being Powered by 100% Renewables
Apr 12 2018 // Allianz says it’s further integrating ecological and social responsibility into its core business. The insurance giant, which is already known for its sustainable bent, this week issued a 2017 Sustainability Report...
Alliant Insurance Services Enters Agreement to Acquire New York’s Crystal & Company
Apr 12 2018 // Alliant Insurance Services, a Newport Beach, Calif.-headquartered specialty insurance brokerage firm, has entered into a definitive agreement to acquire New York-based Crystal & Company. Pursuant to the agreement, the...
Troubled Chinese Insurer Anbang Interviews Banks About Asset Divestments: Sources
Apr 12 2018 // Anbang Insurance Group Co., the troubled Chinese insurer seized by the government, is interviewing investment banks to advise on potential asset divestments, people with knowledge of the matter said. The once-acquisitive...
Police: GPS Failed to Warn Bus Driver Before New York Overpass Crash
Apr 11 2018 // The out-of-state driver of a charter bus full of high school students that crashed into a low-hanging overpass on a Long Island parkway was using a non-commercial GPS device that didn’t warn him about the hazard in...
New York’s Kaufman Dolowich & Voluck Adds Three D&O Liability Partners
Apr 5 2018 // Kaufman Dolowich & Voluck LLP (KDV), a national law firm headquartered in Woodbury, N.Y., is expanding its Insurance Coverage & Litigation Practice with the addition of three directors and officers liability...
Late Broker’s Estate Sues JPMorgan Claiming Wrongful Death
Apr 2 2018 // The estate of a deceased broker filed a wrongful death lawsuit against JPMorgan Chase & Co., saying he took his life after becoming despondent because he was forced to retire. Michael A. Lorig suffered from depression...
Progressive is the Latest to Comply with New York Auto Insurance Rate Regulation
Apr 2 2018 // A fourth major auto insurance company in New York has reached a compliance agreement with the New York Department of Financial Services (DFS) regarding DFS’ final regulation against discriminatory auto insurance...
USI Insurance Services to Acquire New York’s Key Insurance & Benefits Services
Apr 2 2018 // KeyBank has entered into a definitive agreement to sell Key Insurance & Benefits Services Inc. to USI Insurance Services (USI). KeyBank acquired Key Insurance & Benefits Services Inc. as part of its 2016 merger...
Exxon Loses Bid to Stop States from Probing If It Lied About Climate Change
Apr 2 2018 // A federal judge on Thursday dismissed Exxon Mobil Corp.’s lawsuit seeking to stop New York and Massachusetts from probing whether the oil and gas company covered up its knowledge about climate change and lied to...
Judge Certifies Class Action Accusing Goldman Sachs of Gender Discrimination
Apr 2 2018 // A federal judge ruled that women accusing Goldman Sachs Group Inc. of discriminating against them in pay, promotions and performance reviews may pursue their claims as a group in a class-action lawsuit. The decision late...
Insurtechs Continue to Perform Miracles for Policyholders
Apr 1 2018 // APRIL 1, 2018— The competition among insurtechs trying to make their insurance customers “deliriously happy” continues to evolve with the latest news that one insurer is paying claims before they even...
New York Court Affirms Gas Company on the Hook for Environmental Cleanup Costs
Mar 29 2018 // The New York Court of Appeals has ruled that KeySpan Gas East Corporation is responsible for costs to clean up environmental contamination caused by manufactured gas plants owned by its predecessor during years when there...
New York Copter Straps That Trapped Riders May Have Also Cut Fuel
Mar 27 2018 // The pilot of the photo-tour helicopter that crash-landed in New York’s East River this month said a safety tether designed to keep passengers inside the open-door flight may have accidentally shut off the...
New York’s Broome Co-operative Taps New Leadership After CEO’s Retirement
Mar 22 2018 // Broome Co-operative Insurance Company, a Vestal, N.Y.-based regional property and casualty insurance company, has announced two senior leadership changes following the retirement of President and CEO Steven...
Judge Says President Trump Not Immune to Defamation Suit Over ‘Unofficial Conduct’
Mar 21 2018 // A New York state judge on Tuesday said U.S. President Donald Trump must face a defamation lawsuit by a woman who accused him of sexually harassing her after she appeared on his former reality TV show. The decision by...
New York’s Senators Call for Probe of FAA Approval of Doors-Off Flights
Mar 20 2018 // New York’s senators are calling for a probe into how “doors-off” helicopter sightseeing flights and the tight harness systems were ever approved by the Federal Aviation Administration in the first...
FAA Grounds ‘Doors-Off’ Helicopter Tours After New York Crash
Mar 19 2018 // Federal aviation regulators are grounding “doors-off” helicopter tour flights in which passengers are tethered to the aircraft as a result of the March 11 crash in New York that killed five people. The Federal...
