Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
What Insurance Companies Need to Know About Part 500 Cybersecurity Compliance
Oct 10 2017 // If there were any remaining doubts about the vulnerability of our online systems, they were dispelled in September when giant credit reporting company Equifax revealed it was breached in July by cyber criminals,...
IICF Announces 11th Annual Benefit Dinner in New York to Honor Ryan Specialty Group
Oct 6 2017 // The Insurance Industry Charitable Foundation (IICF) will host its 11th annual Northeast Benefit Dinner on Wednesday, December 13, 2017, at the Sheraton New York Times Square Hotel. The dinner is expected to draw the...
Drone’s Collision With Army Helicopter Over New York Probed
Oct 6 2017 // Federal investigators have opened their first probe of a mid-air collision between a civilian drone and a traditional aircraft. An Army UH-60 helicopter was flying east of Staten Island on Sept. 21 when it collided with a...
Injured New York Yankee Fan Takes a Swing at Century-Old Baseball Rule
Oct 6 2017 // Baseball is timeless. Is the Baseball Rule? The century-old legal doctrine blocks fans from suing a ball club if they get hurt by a foul ball or a shattered bat. The reason: Fans accept the risk of injury at a ballgame...
The Doctors Company Now Offers Coverage to New York Healthcare Providers
Oct 5 2017 // The Doctors Company, a physician-owned medical malpractice insurer, is now offering coverage on an admitted basis to New York healthcare providers. The New York Department of Financial Services’ recent approval of...
States May Copy California’s Law to Give Employees Right to File Class Actions
Oct 3 2017 // This week, the U.S. Supreme Court is considering whether employees have the right to bring class actions against their bosses. With the court’s Republican majority restored this year by President Donald Trump, labor...
Las Vegas Mass Shooting Raises Concerns Over Safety at Live Events
Oct 2 2017 // The shooting attack at a Las Vegas concert on Sunday night that killed at least 58 people is the latest in a series of massacres reshaping the live-events industry. The attack by a solo gunman at an outdoor country-music...
Distinguished Programs Hires Borelli to New York Office
Oct 2 2017 // Distinguished Programs, a national insurance program manager, has named Brett Borelli as the company’s new vice president of strategic program development and property practice leader. Based in the company’s...
After Deadly New York Crash, Schumer Seeks Charter Bus Safety Grades
Oct 2 2017 // U.S. Sen. Charles Schumer says charter bus companies should be graded for safety and the grades should be posted the way New York City posts restaurant letter grades. The New York Democrat says letter grades for bus safety...
Trust But Verify: New York Cyber Regs Mean Managing Third-Party Security
Oct 2 2017 // This year, the beginning of September marked a critical implementation deadline for some of the toughest new cybersecurity regulations in the country – the New York State Department of Financial Services (NYDFS)...
People
Oct 2 2017 // Hub International Limited (HUB), a global insurance brokerage, has expanded its New York operation through the addition of entertainment specialist Cameron Smith, who joined the firm as senior vice president. Smith has...
Business Moves
Oct 2 2017 // World Insurance Associates LLC, Bruen DiDio Associates Inc. World Insurance Associates LLC, an independent insurance agency headquartered in Tinton Falls, N.J., has acquired Bruen Deldin DiDio Associates Inc. (BDD) of New...
Declarations
Oct 2 2017 // Wakeup Call “The Equifax breach was a wakeup call, and with this action, New York is raising the bar for consumer protections that we hope will be replicated across the nation.” — New York Governor Andrew...
N.Y. Appellate Court Affirms Summary Judgement in $58M Insurance Dispute
Sep 29 2017 // The Appellate Division of the New York Supreme Court, First Department, has affirmed an earlier Supreme Court decision to grant summary judgement to TransCanada Energy USA and its subsidiaries, TC Ravenswood Services Corp....
Massachusetts’ XS Brokers Hires Buccinna to New York Office
Sep 29 2017 // XS Brokers, a Quincy, Mass.-headquartered independent insurance brokerage, has hired Peter Buccinna to head a new local office for the firm in East Chatham, N.Y. The hiring of Buccinna as assistant vice president and...
Equifax Promises Improved Consumer Access to Credit Records
Sep 29 2017 // Equifax Inc. promised to make it easier for consumers to control access to their credit records in the wake of the company’s massive breach after the top U.S. consumer financial watchdog called on the industry to...
SEFCU Insurance to Transfer Commercial Practice to New York’s Rose & Kiernan
Sep 28 2017 // SEFCU Insurance Agency, a wholly owned subsidiary of SEFCU with offices in Schenectady, Cobleskill, Cooperstown, and Schoharie, N.Y., will transfer its commercial property and casualty and benefits practices to Rose &...
NYWCA Launches Campaign to Stop Cuts to Injured Worker Benefits
Sep 27 2017 // The New York Workers’ Compensation Alliance (NYWCA) has launched a campaign to fight proposed Workers’ Compensation Board (WCB) regulations and impairment guidelines that it says would drastically cut...
Trump Administration Argues U.S. Civil Rights Law Does Not Protect Gay Employees
Sep 27 2017 // The U.S. law that has protected workers from gender and racial bias for more than half a century should not be extended to cover gay and lesbian employees because that isn’t what Congress envisioned when it passed...
Robo Adviser Helps Drive Record Boost in AIG Investment Business
Sep 27 2017 // American International Group Inc., the 98-year-old insurer and retirement planner, is finding being tech-savvy pays off. Consumers are pumping cash into a unit that oversees $244 billion in client assets after it invested...
