Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Evergreen Insurance in New York Acquires Sheridan’s Assets
Sep 20 2016 // Evergreen Insurance & Risk Management, a Monsey, New York, based insurance brokerage for investment real estate, has acquired the assets of Sheridan & Company Group LLC and T.J. Sheridan & Co. Inc. Terms of the...
New York Bombing Suspect in Custody, Investigation Continues
Sep 19 2016 // A suspect has been taken into custody in connection with a bomb that went off from inside a dumpster in New York’s Chelsea neighborhood, injuring 29 people. Mayor Chris Bollwage of Elizabeth, New Jersey, said Ahmad...
Many Safety Reforms Suggested After ‘Miracle on Hudson’ Rejected, Unresolved
Sep 19 2016 // In the seven years since an airline captain saved 155 lives by ditching his crippled airliner in the Hudson River, there’s been enough time to write a book and make a movie, but apparently not enough to carry out...
New York’s Attempt to Subject Surplus Lines Insurers to Insurance Franchise Tax
Sep 19 2016 // New York has increasingly asserted that unauthorized insurance companies — including surplus lines insurance companies — are subject to New York insurance franchise tax. However, there are several arguments...
People – East
Sep 19 2016 // Henderson Brothers Inc., a Pittsburgh, Pa.-based insurance broker, has hired Daniel W. Grealish as a consultant in its commercial lines division and an LPL registered representative in its retirement division. In his new...
New York Regulators Announce Emergency Measure to Protect Some Health Insurers
Sep 16 2016 // New York’s Department of Financial Services has issued an emergency regulation intended to help the state’s health insurers deal with a federal requirement that puts some under sharp financial stress. The...
Professional Insurance Agents of New York State Elects Parsons as President
Sep 15 2016 // Professional Insurance Agents of New York State Inc. (PIANY), a trade association representing professional, independent insurance agencies, brokerages and their employees throughout the state of New York, elected John C....
New York Proposes ‘Flexible’ Cybersecurity Regulation for Insurers, Banks
Sep 15 2016 // The New York State Department of Financial Services (DFS) has proposed cybersecurity regulation for financial services companies that aims to protect New York state’s financial services industry from an increasing...
New York to Provide $5M in Grants to Prevent Workplace Injuries
Sep 14 2016 // New York state is providing $5 million in grants to improve safety conditions in low-wage industries. Gov. Andrew Cuomo announced the program Saturday after participating in a Labor Day parade in New York City. The...
Chubb Promotes Navakas to New York Overseas General Insurance Division
Sep 14 2016 // Property and casualty insurance company Chubb has promoted Raimund Navakas to executive vice president of its Overseas General Insurance division based in New York. In this role, Navakas will continue to lead the...
11 Years After Spitzer Sued, Greenberg’s Trial Over Reinsurance Begins
Sep 14 2016 // It’s a day of reckoning — or the moment of truth — for former American International Group Inc. head Maurice “Hank” Greenberg. More than 11 years after he was sued by former New York Attorney...
New Big ‘I’ Leadership Team with Chairman Houldin Installed
Sep 13 2016 // The Independent Insurance Agents & Brokers of America (the Big “I”) last week installed new officers who have begun serving their terms. Connecticut independent agent Spencer Houldin was inaugurated as the...
Berkshire Accused of Stealing Workers’ Comp Premiums in Manhattan Lawsuit
Sep 12 2016 // New York City-based Breakaway Courier Corp. has filed a lawsuit against Omaha, Neb.-based Berkshire Hathaway Inc. for an alleged illegal scheme to steal workers’ compensation premiums. A complaint against Berkshire...
XL Catlin Hires Agatep in New York
Sep 12 2016 // XL Catlin has hired Ronnell Agatep as global head of underwriting in its newly launched global retail accident and health insurance business. The firm’s new business aims to help corporate clients safeguard their...
Chubb Plays Role in Recovering, Donating Iconic 9/11 Flag to Memorial
Sep 11 2016 // The iconic American flag three New York City firefighters raised above World Trade Center rubble on 9/11 that later disappeared has been recovered and donated to the National September 11 Memorial & Museum, 9/11...
Obama Expected to Veto Bill Allowing 9/11 Suits Against Saudis
Sep 11 2016 // The unopposed House vote Friday to allow families of Sept. 11 victims to sue Saudi Arabia begins a diplomatic nightmare for President Barack Obama. The legislation is sure to antagonize a key U.S. ally in the Middle East...
Ex-AIG Chief Greenberg Won’t Surrender in 11-Year Old Reinsurance Fight
Sep 9 2016 // Even at 91, former American International Group Inc. Chairman Maurice “Hank” Greenberg isn’t ready to quit fighting. Greenberg scrapped with regulators and the Internal Revenue Service and beat the...
Everest Insurance Adds Murray to New York City Office
Sep 8 2016 // Everest Insurance, a subsidiary of Bermuda based Everest Re Group Ltd., has hired Matt Murray as regional leader of marketing and distribution for the East region. In his new role, he will be based in the firm’s New...
New York Headquartered QBE North America Promotes Fanti
Sep 8 2016 // QBE North America, a New York headquartered operating division of QBE Insurance Group, has promoted Jonathon Fanti to senior vice president and underwriting leader in the firm’s public company management liability...
Lloyd’s Wins Right to Keep Oklahoma Quake Damage Lawsuit in New York
Sep 8 2016 // Lloyd’s of London has kept its lawsuit against New Dominion LLC over fracking out of the state where the ground is shaking. A federal judge in New York agreed Wednesday to decide the lawsuit by Lloyd’s seeking...
