Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Exxon Heads for Courtroom Faceoff With New York in Climate Change Probe
Oct 25 2016 // Exxon Mobil Corp. is headed to a courtroom in New York for the first time to try to block the state’s demand for accounting documents about how climate change will affect its finances. New York Attorney General Eric...
Palmer & Cay Hires Smith, Opens New York Office
Oct 24 2016 // Palmer & Cay, an Atlanta, Georgia, based privately-held insurance broker has appointed John C. Smith as vice chairman and member of the board of directors. This follows the firm’s recent expansion into the...
IIABNY Elects Zogby as National Director
Oct 24 2016 // Independent Insurance Agents & Brokers of New York (IIABNY), a Dewitt, New York based organization representing independent insurance agents and brokers, has elected Stephen Zogby as national director. In this role,...
Airbnb’s New York Fight Moves From Legislature to Courtroom
Oct 24 2016 // Airbnb Inc. is fighting to stay alive in the biggest rental market in the U.S. Hours after New York Governor Andrew Cuomo signed a bill into law that will fine residents who rent out their apartments for illegal short-term...
Homesharing Giant Airbnb Faces Rising Legal, Regulatory Risks in Big Cities
Oct 24 2016 // Airbnb, the online lodging service that investors now believe is worth $30 billion, faces a reckoning. In eight years of torrid growth, the company has often clashed with local public officials seeking to minimize the...
Dangers in Data Collection: How Much Is Too Much?
Oct 24 2016 // How to Help Insureds Manage Customer Privacy Risk Insurance carriers and agents have come to learn that increased data can lead to greater risk for insureds, and they are increasingly advising businesses to disclose data...
IICF’s Northeast Division Awards Ten Local Community Grants
Oct 20 2016 // The Insurance Industry Charitable Foundation’s (IICF) Northeast Division today announced it has awarded ten local community grants – in the amount of $2,500 each – to nonprofit organizations working outside the...
New York to Test Blood of City Residents Exposed to Toxic Chemical
Oct 19 2016 // New York is offering free blood tests for residents of a Hudson Valley city where the water supply was contaminated with a toxic chemical in fire-fighting foam used at a nearby Air National Guard base. State Health...
JLT Specialty USA Hires Three in New York
Oct 18 2016 // JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), a specialty-focused provider of insurance, reinsurance and employee benefits related advice, brokerage and services, has appointed three new...
Risk Strategies Company Acquires New York Based TSG Financial
Oct 14 2016 // Risk Strategies Company, a privately held, national insurance brokerage and risk management firm, has strengthened its employee benefits practice and made its first move to offer wealth management and retirement plan...
InsurTech Startup Launches Lease Guarantee Platform in New York
Oct 12 2016 // TheGuarantors, a New York based insurance tech startup founded in 2014, is seeking to make renting an apartment in New York easier for landlords, brokers and renters through its newly launched tech-enabled lease guarantee...
Study Finds Climate Change Could Lead to More Hurricanes on NYC Coast
Oct 12 2016 // Hurricanes could start flooding New York City’s coastline as often as every 20 years due to the effects of climate change on sea-level rise and hurricane activity, scientists said on Monday. Water could surge some 9...
Dentons Hires Sarchio to Insurance Regulatory Practice in New York and Florida
Oct 11 2016 // Global law firm Dentons has named John J. Sarchio as a partner in its insurance regulatory practice. In this role, he will advise clients on insurance industry mergers, acquisitions and financings, reinsurance...
Startup P2P Insurer Lemonade Reveals How First 48 Hours of Business Went
Oct 10 2016 // Lemonade, the peer-to-peer insurtech startup that launched only a few weeks ago on Sept. 21 selling renters and homeowners insurance in New York, sold 142 policies and generated $14,300 in gross written premium in its...
Safety Violations Found in More Than Half of 240 New York Apartments Inspected
Oct 6 2016 // New York City investigators say public housing maintenance workers ignored safety checks and covered it up. The Department of Investigation said in a report Tuesday that it re-inspected 240 apartments at five developments...
Greenberg Denies Getting Involved in Details of Reinsurance Deals
Oct 6 2016 // Maurice “Hank” Greenberg told a judge that he was just too busy to commit fraud. After 4 1/2 days of intense questioning by a government lawyer, Greenberg finally got to elaborate on his defense to civil fraud...
MetLife Decides to Spinoff U.S. Retail Division
Oct 6 2016 // MetLife Inc. has filed for a spinoff of a U.S. retail unit after considering alternate plans to sell the business or exit through an initial public offering. At least 80.1 percent of the shares in the unit, Brighthouse...
To Minimize Cyber Risk, Organizations Should Focus on Education
Oct 4 2016 // Information security is not an easily digestible topic. The “what” is simple: securing information, but the “how” is where it gets tricky. Cyber criminals are cunning and are constantly coming up...
New York Home Explosion Points to Dangerous Marijuana Growing Methods
Oct 4 2016 // An explosion that destroyed a New York City home and killed a firefighter has drawn attention to marijuana-making methods that are legal in many states – but can also be lethal. A New York fire battalion chief died...
Berkshire’s Applied Underwriters Defends Workers’ Comp Products, Says Brokers Should Not Be at Risk
Oct 3 2016 // Legal and regulatory squabbles in New York, California and other states involving Berkshire Hathaway and its Applied Underwriter affiliates over particular workers’ compensation products should not have any negative...
