Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
U.S. Agency Sues New York’s Estee Lauder Companies Over Parental Leave Policy
Aug 31 2017 // The U.S. Equal Employment Opportunity Commission filed a lawsuit on Wednesday accusing Estee Lauder Companies Inc. of discriminating against men by giving them less paid parental leave than women. The commission said in...
New York’s Cybersecurity Regulation Compliance Requirements Go Into Effect
Aug 29 2017 // Financial Services Superintendent Maria T. Vullo reminded all entities covered by the New York State Department of Financial Services’ (DFS) cybersecurity regulation that yesterday, August 28, 2017, was the first...
Cybersecurity Requirements in New York: Determining Compliance
Aug 25 2017 // The New York Department of Financial Services (DFS) has issued cybersecurity requirements for financial services companies. Codified at 23 NYCRR §500, the law became effective on March 1, 2017, and requires insurance and...
Lemonade Launches in New Jersey, Marks Fourth State in National Expansion
Aug 21 2017 // Lemonade, the insurance company powered by artificial intelligence and behavioral economics, is now available throughout New Jersey, marking the fourth state in its nationwide expansion strategy. Residents of New Jersey...
Carlton Fields Hires Silverman to New York Office
Aug 18 2017 // Carlton Fields has hired Alex B. Silverman to its New York office as an associate. Silverman will practice in the firm’s Property and Casualty Insurance practice group. Silverman represents insurance companies in...
N.Y. Times Must Face Defamation Lawsuit Over Professor’s Slavery Comments
Aug 17 2017 // A federal appeals court on Tuesday said the New York Times Co. must face a defamation lawsuit by a Louisiana economics professor who said it quoted him out of context by saying he described slavery as “not so...
New York Bus Firms Seek Damages Over Handling of Workers’ Comp Claim
Aug 17 2017 // New York Bus Operators Compensation Trust (NYBOCT), a Bay Shore, N.Y.-based group self-insured trust created by a number of New York passenger bus companies, has filed a complaint against Arthur J. Gallagher & Co.,...
Tiffany Wins $19.4 Million in Fake Ring Damages from Costco
Aug 16 2017 // A federal judge on Monday said Tiffany & Co. may recover at least $19.4 million in damages from Costco Wholesale Corp. over the warehouse club chain’s illegal sale of counterfeit diamond engagement rings bearing...
New York’s Wellthie Hires Keise as Chief Technology Officer
Aug 15 2017 // Wellthie, a New York, N.Y.-based insurance technology company offering broker and comparison shopping tools for small businesses and individuals, has hired D. Orlando Keise to serve as its chief technology...
Six Workers Sue New York’s Swanky Plaza Hotel, Allege Sexual Harassment
Aug 14 2017 // Six current or former employees have filed a sexual harassment lawsuit against The Plaza Hotel. The bartenders, servers and hospitality coordinators say they were groped, catcalled and propositioned by managers and other...
New York’s Integro Insurance Brokers Hires Roberts
Aug 8 2017 // Integro Insurance Brokers, a New York-headquartered international broker and risk management firm, has hired Carol Roberts to lead its global super yacht specialty offering. She is based in New York. At Integro, Roberts...
Construction Worker Buried Alive When Wall Collapses at New York Site
Aug 8 2017 // Authorities say a construction worker was buried alive when a concrete and dirt wall collapsed on him at a commercial and residential development site in New York. Poughkeepsie fire officials tell the Poughkeepsie Journal...
New York’s SterlingRisk Insurance Names Waterman as COO
Aug 8 2017 // SterlingRisk Insurance, a Woodbury, N.Y.-headquartered independently owned insurance brokerage firm, has named Marci Waterman chief operating officer (COO). Waterman, who joined SterlingRisk in 2013, most recently served...
People – East
Aug 7 2017 // Risk Strategies Company, a privately held, national insurance brokerage and risk management firm, has hired Kate Genovese and Pauline Sobelman to its employee benefits practice group. Sobelman joins as senior vice...
A.M. Best Revises Outlook to Negative for New York’s Country-Wide
Aug 7 2017 // A.M. Best has revised its outlook to negative from stable for Country-Wide Insurance Company, a family-owned auto insurance company based in New York, N.Y. A.M. Best also affirmed Country-Wide’s Financial Strength...
New York Regulator Subpoenas Wells Fargo Over Unwanted Auto Insurance
Aug 3 2017 // New York state’s banking and insurance regulator issued subpoenas on Tuesday to two Wells Fargo & Co units after the bank said it had sold auto insurance to hundreds of thousands of customers who did not need...
Lemonade Launches in New Jersey, Marks Fourth State in National Expansion
Aug 2 2017 // Lemonade, the insurance company powered by artificial intelligence and behavioral economics, is now available throughout New Jersey, marking the fourth state in its nationwide expansion strategy. Residents of New Jersey...
New York’s Waldorf Owner Pressured to Sell as China Clampdown Escalates
Aug 1 2017 // When Anbang Insurance Group Co. agreed to buy New York’s iconic Waldorf Astoria hotel for $1.95 billion in 2014, the world took notice. It was a defining moment in the global rise of China Inc., a deal that would...
Quick Selldown of Anbang’s Overseas Assets May Prove Difficult
Aug 1 2017 // As Anbang Insurance Group Co. comes under pressure to reverse a $10 billion-plus global deal spree, a quick selldown of assets may not be so easy. China is said to have asked the acquisitive insurer to sell its overseas...
Vullo Calls on Insurers, Congress for Action in Wake of Lake Ontario Flooding
Jul 28 2017 // As part of New York’s continuing response to flooding in the Lake Ontario region, the New York State Department of Financial Services (DFS) is reminding property and casualty insurers of their responsibility to work...
