Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
NYC Planners With Sandy Nightmares Say Barrier May Come Too Late
Jun 21 2017 // The warming Atlantic Ocean has raised the risk of another Hurricane Sandy. And still, trillions of dollars of real estate and infrastructure near the shores of New York City and northern New Jersey remain vulnerable to...
U.S. Sen. Schumer Pushes for Heroin Combat Teams in New York
Jun 20 2017 // U.S. Sen. Charles Schumer is calling for federal help in the fight against opioid addiction in New York. Schumer is asking the Drug Enforcement Agency to provide the state with one of four special heroin enforcement teams...
Tragic London Fire Raises Questions About ‘Stay Put’ High-Rise Safety Rule
Jun 19 2017 // A catastrophic blaze at a London apartment tower has brought new scrutiny to a long-accepted, counterintuitive rule for people in tall buildings: If the blaze breaks out elsewhere in the structure, don’t...
People
Jun 19 2017 // Insurance Agents & Brokers (IA&B), a Mechanicsburg, Penn.-based professional trade association, will have a new president and CEO at the helm beginning in January 2018. Deputy CEO and Counsel Jason Ernest will take...
Hub Northeast Promotes Schreiber to President of Commercial Lines
Jun 16 2017 // Hub International Northeast (Hub Northeast), a subsidiary of Hub International Limited (Hub), has promoted senior vice president and chief sales officer (CSO), Ken Schreiber, to president of commercial lines. In this new...
Carbon Monoxide Leak Sickens 32 People in New York City
Jun 16 2017 // A carbon monoxide leak in a building three blocks from the World Trade Center sickened 32 people and raised alarm that shuttered several busy blocks in lower Manhattan at the start of the workday Tuesday, authorities...
New York Approves Workers’ Comp Renewal Notice Legislation
Jun 16 2017 // Final legislation has been approved in New York that aims to enable insurance agents to better serve workers’ compensation clients if signed into law by Governor Andrew Cuomo. The legislation was developed by the...
New York Flood Areas Getting Portable Dams, $1M in State Aid
Jun 15 2017 // Water-filled portable dams are being deployed and $1 million in state funding will go toward emergency repairs to wastewater treatment systems in two flood-damaged Lake Ontario communities, Gov. Andrew Cuomo said...
Anbang Says New York’s Waldorf Astoria Condo Conversion Proceeding Normally
Jun 15 2017 // The conversion of New York’s landmark Waldorf Astoria hotel into luxury condominiums is moving forward as planned and no delays are anticipated after the property’s owner, China’s Anbang Insurance Group...
Prime Insurance to Use $10M Capital Investment for New York, California Expansion
Jun 14 2017 // Prime Holdings Insurance Services, Inc., a Utah-based holding company for excess and surplus lines insurance services firms, said it received $10,000,000 from an undisclosed insurance enterprise in exchange for 2,000...
Hamptons Tainted Water Lawsuit Adds to Roster of 3M Complaints
Jun 14 2017 // A stone’s throw from the white sand beaches and posh mansions of one of America’s wealthiest ZIP codes sits a community that homeowners say has been poisoned by polluted drinking water. Fifteen people in a...
NAS Insurance Expands to New York City with Hiring of Hedberg
Jun 14 2017 // NAS Insurance, a full-service specialty insurance underwriting manager, has expanded to New York City with the addition of Peter Hedberg as the assistant vice president of its Tech and Cyber Underwriting...
NTSB to Investigate After Train Strikes, Kills Worker in New York City
Jun 12 2017 // Authorities say a Long Island Rail Road worker has been struck and killed by a train. The National Transportation Safety Board tweeted Saturday that it was sending a team to investigate the death. The worker was hit by a...
AmTrust Sells Shares in National General Holdings for $212 Million
Jun 9 2017 // AmTrust Financial Services Inc. said it has agreed to sell shares it owns in National General Holdings Corp. for approximately $211.7 million. AmTrust has agreed to sell 10,586,000 common shares of NGHC at a price of...
New York’s Berkley Alliance Managers Hires Andersen
Jun 9 2017 // Berkley Alliance Managers, an Albany, N.Y.-based Berkley Company, has named Anthony Andersen as senior vice president and professional liability claims manager. In this role, he will be responsible for providing managerial...
Hub International Limited Acquires New York’s Brady Insurance Planning
Jun 8 2017 // Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Brady Insurance Planning (Brady). Terms of the acquisition were not disclosed. Based in East Norwich, N.Y., Brady is an employee...
New York’s Crystal & Company Names Cooke Director of Employee Benefits Unit
Jun 8 2017 // Crystal & Company, a New York-headquartered strategic risk and insurance advisor, has hired Mary Cooke as director for its Employee Benefits Services unit. In her new role, Cooke works out of the firm’s national...
Cuomo Takes Steps to Keep New York Insurers in Obamacare
Jun 7 2017 // New York Governor Andrew Cuomo announced steps on Monday to encourage insurers to keep selling health plans in the state’s Obamacare exchange, as the companies withdraw from other markets amid uncertainty surrounding...
New York Says Exxon’s Climate Change Proxy Costs May Be a `Sham’
Jun 6 2017 // New York’s top cop told a judge that an investigation into Exxon Mobil Corp.’s public statements about climate change uncovered “significant evidence” the oil giant may have misled investors. In a...
Declarations
Jun 5 2017 // No Place to Go “When your house comes apart like that, there’s no place to go. I thought this is it.” — Mark Tyson, a resident of the Prairie Lake Estate Mobile Park near Chetek, Wis., which was...
