Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New York Town Scrambling to Replace Vehicles Destroyed by Fire
Dec 29 2016 // Officials in a suburban Rochester community are scrambling to replace snow removal equipment after a fire gutted the town’s public works garage. The Christmas Eve fire at the town of Irondequoit’s Department of...
New York State DFS Issues Updated Proposed Cybersecurity Regulation
Dec 28 2016 // New York State Department of Financial Services (DFS) Superintendent Maria T. Vullo has announced that the DFS has updated its proposed cybersecurity regulation to protect New York State from the ever-growing threat of...
Startup Insurer Lemonade Is Going National; Files for Licenses Countrywide
Dec 22 2016 // Insurance startup Lemonade is eyeing a national expansion and has filed for licenses to operate in 46 states and the District of Columbia. The peer-to-peer insurer that is focused on renters and homeowners insurance is...
New York Financial Regulator to Delay Cyber Security Rules
Dec 22 2016 // New York’s financial regulator will delay an anticipated Jan. 1 deadline for banks and insurers doing business in the state to comply with controversial cyber security rules, a person familiar with the matter...
New York Regulates Crime Insurance Underwriting of Firms Hiring Ex-Convicts
Dec 21 2016 // New York Governor Andrew Cuomo on Wednesday issued a regulation making it easier for businesses to hire former convicts by prohibiting insurance companies from refusing coverage for crime-related losses caused by...
Prosecutors Won’t Use Suspect’s Statement in New York, New Jersey Bombing Case
Dec 21 2016 // A federal prosecutor on Monday said the government won’t introduce at trial a lengthy statement from a man charged with setting off bombs in New York and New Jersey in order to keep to a scheduled trial date in...
QBE North America Appoints Hill as CFO in New York City
Dec 20 2016 // QBE North America, an operating division of global insurer QBE Insurance Group Limited, has appointed Kris L. Hill as chief financial officer. Hill will assume her new role effective January 17, 2017 and also serve as a...
10th Annual IICF Northeast Charitable Gala in New York Raises Record $1.4M
Dec 20 2016 // The Insurance Industry Charitable Foundation (IICF), a nonprofit organization working with the insurance industry to help communities and enrich lives, has announced that more than 900 insurance professionals attended its...
New York Man Sentenced to 60 Years for Killing Fiancee for Insurance
Dec 19 2016 // A 48-year-old man convicted of killing his fiancee to collect on her life insurance has been sentenced to 60 years in prison. Federal prosecutors said Thursday that Ronald Epps of Amherst was sentenced in U.S. District...
Declarations
Dec 19 2016 // Clear Pot Thinking “The governor has been clear about the importance of the marijuana industry to Oregon’s economy.” — Jeff Rhoades, marijuana policy adviser for Gov. Kate Brown, said a move by the...
People – East
Dec 19 2016 // The Hanover Insurance Group Inc., the Worcester, Mass., based holding company for several property and casualty insurance companies, has elected Jane D. Carlin to the company’s board of directors. Carlin is a senior...
Insurance Industry Sees Challenges with New York City Crawler Crane Requirements
Dec 19 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...
2017 Changes to Used Car Dealer Bonds in New York
Dec 16 2016 // Those in the business of selling used cars in the state of New York will need to comply with new surety bond requirements in the spring of 2017. The car dealer bond is part of the licensing criteria enforced by the New...
13 New York City Workers Arrested in $500K Insurance Fraud Scheme
Dec 15 2016 // Thirteen current and former New York City employees have been arrested in a $500,000 insurance fraud scheme. Authorities say 10 FDNY emergency medical technicians and paramedics, including EMS officers, and three NYPD...
Some Bangladesh Bank Insiders Helped Hackers Steal $81M: Investigator
Dec 13 2016 // Some Bangladesh central bank officials deliberately exposed its computer systems and enabled hackers to steal $81 million from its account at the Federal Reserve Bank of New York in February, a top police investigator in...
Supreme Court Denies Greenberg Bid to Halt New York AG’s Reinsurance Case
Dec 12 2016 // The U.S. Supreme Court on Monday rejected former American International Group CEO Maurice “Hank” Greenberg’s bid to escape civil fraud charges in New York accusing him of orchestrating sham transactions...
Fatal New York City Crane Collapse Blamed on Operator Error
Dec 12 2016 // New York City officials are blaming a crane collapse that killed a man in lower Manhattan in February on operator error. The city Department of Buildings said Friday the crane operator failed to secure the 565-foot crane...
A Conciliatory Airbnb Offers Guidelines for Cities’ Homesharing Regulation
Dec 9 2016 // In a moment of peace-making with regulators, Airbnb on Wednesday released a set of policy suggestions for governments that are considering new laws for home- and apartment-renting. The document, which comes on the heels of...
Judge Sides with Insurer in Greg Allman Movie Producer Coverage Dispute
Dec 9 2016 // A California federal judge has rendered a ruling on the insurance dispute that emanated from the fatal train accident during the 2014 shooting of the Gregg Allman biopic Midnight Rider in Georgia. In a summary judgment...
JenCap Holdings Agrees to Acquire NIF Group in New York
Dec 8 2016 // JenCap Holdings LLC, a New York-headquartered consolidator of specialty insurance distribution and program management businesses, has agreed to acquire privately held NIF Group Inc. (NIF), a managed general agency, program...
