Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
2016 State Specialist P/C Insurers Revealed: Demotech
Dec 5 2016 // The Demotech Company Classification System categorizes insurers into one of 11 categories based on an analysis of data reported by companies to the National Association of Insurance Commissioners (NAIC). The 11 categories...
Swiss Re’s U.S. Solar Power Plant is One Part of Its Climate Change Commitment
Dec 1 2016 // Swiss Re’s solar power installation at its U.S. headquarters in Armonk, N.Y., a 2-megawatt facility expected to be up and running by late spring 2017, is just one part of a green theme that the carrier has been...
New York Officials Warn Drivers to Watch for Pedestrians
Dec 1 2016 // The city is ramping up pedestrian safety efforts during the annual influx of holiday visitors and decreased daylight hours. Mayor Bill de Blasio, police Commissioner James P. O’Neill and other officials said Tuesday...
Western New York Restaurant Closed After 60 Illnesses Reported
Dec 1 2016 // Health officials have closed a suburban Rochester restaurant after dozens of people reported getting sick after eating there on Thanksgiving. The Monroe County Health Department says it closed the Golden Ponds Restaurant...
Sirius May Settle Music Copyright Suit Brought by The Turtles for $100M
Nov 30 2016 // Sirius XM Holdings Inc. may pay close to $100 million after settling a copyright lawsuit brought by founding members of the 1960s band The Turtles over the satellite radio company’s broadcast of songs made before...
New York Accountant Admits Stealing $3M from Grain Shipper
Nov 30 2016 // A corporate accountant in New York admitted Monday to stealing at least $3.1 million from agribusiness giant Cargill, Inc., and causing $25 million in losses to the privately held company’s grain shipping operations...
Top New York City Commuter Rails Slow to Progress on Technology
Nov 30 2016 // The nation’s three busiest commuter railroads – which together serve nearly 1 million riders in the New York City area each day – continue to lag behind their smaller West Coast counterparts in installing...
Steel Beam Falls from New York City Crane, Killing 2 Workers
Nov 29 2016 // Authorities say a steel beam being hoisted at a New York City construction site fell after a cable apparently snapped, killing a crane operator and a co-worker. The beam was being lifted when it came loose Tuesday...
Insurance Industry Sees Challenges with New York City Crawler Crane Requirements
Nov 29 2016 // The Department of Buildings of the City of New York’s (DOB) recent move to better regulate crawler crane operations in New York City has led to concern for some in the insurance industry that a stricter regulatory...
Unions, Gig-Economy Firms Prepare for New York Benefits Battle
Nov 28 2016 // Faced with a barrage of lawsuits from workers demanding benefits and recognition as employees, some companies in the fast-growing ‘gig economy’ are looking to settle the issues through legislation. Joseph...
Union Strike at New York Chemical Plant Enters 4th Week
Nov 28 2016 // A strike by hundreds of union workers at an upstate New York chemical plant is now into its fourth week. Some 700 members of an IUE-CWA local walked off the job earlier this month at Momentive Performance Materials in the...
Security Measures to be Reviewed After Panic at New York’s JFK Airport
Nov 23 2016 // Poor communication among police, private security and other personnel contributed to a mass panic that erupted at a New York City airport when loud cheers for Usain Bolt somehow led to a false report of gunshots, according...
Exxon Climate Judge Orders ‘Unprecedented’ Questioning
Nov 21 2016 // A federal judge in Texas is giving Exxon Mobil Corp. an unprecedented chance to question a state law-enforcement officer who is investigating whether the energy company hid damaging data about climate change from...
Personnel Announcements
Nov 21 2016 // Global insurance brokerage Hub International Northeast Limited (Hub Northeast) has hired Timothy McNulty as an assistant vice president in its employee benefits division. In this role, McNulty will be based in the...
Trump Settles University Fraud Claims for $25 Million, Avoids Trial
Nov 20 2016 // President-elect Donald Trump agreed to pay $25 million to settle claims that his defunct Trump University cheated more than 6,000 students with false promises of teaching them his real estate secrets. The accord, announced...
New York Attorney General Concerned Trump May Gut Anti-Fraud Law
Nov 18 2016 // New York’s top law enforcement official said he does not want U.S. President-elect Donald Trump’s administration to “eviscerate” the state’s anti-fraud law that has dropped a hammer on Wall...
Regulators Look to State Laws as Republicans Move to Change Dodd-Frank
Nov 17 2016 // State securities regulators said they may have to rely more heavily on local laws to police banks and finance companies if President-elect Donald Trump and a Republican-controlled Congress roll back federal reforms...
Platform Barriers Eyed Amid Spate of New York City Subway Deaths
Nov 17 2016 // A member of the board that oversees New York City’s transit agency has asked it to give more thought to adding safety barriers on subway platforms. Forty-four people have been killed by trains in the city this year,...
XL Catlin Hires Huber in New York
Nov 17 2016 // XL Catlin has appointed Barry G. Huber as its global practice leader for political risk and trade credit claims. This move comes as the firm works to continue building out its political risk and trade credit insurance...
Report Finds New York Officials Aware of Soil Contamination Since 1987
Nov 15 2016 // State officials first uncovered evidence of contaminated soil in parts of an upstate New York city about 30 years ago, but didn’t officially warn residents until last month. An investigation by the Democrat &...
