Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
CMS Acquires Diversified Professional Risk Managers in New York
May 10 2016 // CMS LLC, an insurance wholesaler based in Melville, New York, announced that it has acquired Diversified Professional Risk Managers in Rockville Centre, New York. Terms of the transaction were not disclosed. Established in...
NYS Insurance Fund Adds QR Code to Workers’ Comp Certificates
May 9 2016 // The New York State Insurance Fund (NYSIF) is adding a new feature to its certificates of insurance. NYSIF said all NYSIF workers’ compensation certificates now include a QR (quick response) code, which can be scanned...
As Once-Mighty Politician Gets Prison, Albany Moves On
May 5 2016 // As former New York Assembly Speaker Sheldon Silver was being sentenced to 12 years in prison for corruption, many of the politicians he once served with were passing legislation to outlaw commercial bass fishing in the...
New York to Ensure Benefits Continue for 9/11 Volunteers
May 4 2016 // New York Gov. Andrew Cuomo announced Monday that the 2016-17 state budget includes $9 million to cover the cost of lost wages and health care expenses for volunteers who contracted illnesses at the World Trade Center site...
Walsh Duffield Acquires Don Allen Agency in New York
May 4 2016 // Walsh Duffield Companies Inc., an independent insurance agency based in Buffalo, New York, announced that it has acquired Don Allen Agency Inc., based in Rochester, New York. Terms of the transaction, which became...
New York Prison Guard Accused of Workers’ Comp Fraud
May 3 2016 // New York’s inspector general says a state prison guard has been charged with fraud and grand larceny, accused of stealing more than $38,000 in sick leave and workers’ compensation benefits by falsifying medical...
Geico to Hire More Than 100 New Associates in New York
May 3 2016 // Geico said it plans to hire more than 100 new associates in its Buffalo, New York, office for additional positions in claims, sales and service. Geico, the largest auto insurer in New York State, said its policyholder base...
Greater New York Insurance Companies Expands to Maine Market
May 2 2016 // Greater New York Insurance Companies (GNY), a super-regional carrier in commercial property/casualty insurance, announced it will begin issuing policies in Maine beginning May. “Many New England business owners and...
Liability Insurers Win Right to Question NFL Executives, Doctors in Concussion Cases
May 2 2016 // National Football League executives may for the first time have to testify about what they knew of concussion risks after a judge cleared the way for questions from insurers who are suing to avoid paying more than $1...
People – East
May 2 2016 // The Independent Insurance Agents and Brokers of New York (IIABNY) announced that president and CEO Richard Poppa will retire at the end of 2016 after leading the association for 20 years. Poppa has served as IIABNY’s...
New York: Health Insurers Must Pay for Maternal Depression Screening
Apr 29 2016 // New York state will soon require health insurers to cover depression screening for pregnant women and new mothers. The move follows a recommendation from a federal panel that insurers cover maternal depression screening...
Hackers in Bangladesh Bank Cyber Heist Pocketed About $70M; NY Fed Criticized
Apr 29 2016 // Hackers are likely to get away with about $70 million of Bangladesh’s foreign reserves after a brazen cyber-attack against the South Asian nation, according to Finance Minister Abul Maal Abdul Muhith. The Philippines...
New York Urges Tighter Rules, More Insurance for Oil Trains
Apr 27 2016 // New York state’s comptroller urged federal authorities Tuesday to strengthen safety measures against oil spills and require trains to carry sufficient insurance to cover cleanup costs from major...
UJA-Federation of New York to Honor Casserley, Dangelo, Hershman
Apr 27 2016 // UJA-Federation of New York, a philanthropic organization, announced three honorees to be recognized at this year’s General Insurance Annual Dinner. The event will be held on May 31 at Grand Hyatt New York in...
Kingstone Hires AIG Exec Delaney as Senior VP in New York
Apr 27 2016 // Kingstone Companies Inc., a multi-line regional property/casualty insurance holding company based in New York, announced that David Delaney has joined the senior management team at its subsidiary Kingstone Insurance...
New York Among States With Highest Rate of Motorcycle Theft
Apr 27 2016 // The New York Insurance Association (NYIA) advises that motorcycle thefts in New York increased by 23 percent from 2014 to 2015. According to a report from the National Insurance Crime Bureau (NICB), motorcycle thefts...
Port Authority of N.Y.-N.J. Could Block $10M Newark-Uber Deal
Apr 26 2016 // A tentative deal between Newark, New Jersey, and ride-hailing company Uber has hit a roadblock. The Port Authority of New York and New Jersey, which operates Newark Liberty International Airport, is raising concerns about...
New York Commences Liquidation Proceeding for Health Republic
Apr 25 2016 // The New York State Department of Financial Services (DFS) announced that it has commenced a liquidation proceeding for the failed insurance cooperative Health Republic. The New York State Supreme Court will supervise the...
4 More Upstate New York Mayors Join Call to Let Uber Expand
Apr 22 2016 // The mayors of four cities in upstate New York have joined an effort to allow Uber to expand outside of New York City. Mayors in Ithaca, Utica, Rome and Hornell on Thursday endorsed a proposal before the state Legislature...
UPC Insurance Receives Approval to Acquire Interboro in New York
Apr 22 2016 // United Insurance Holdings Corp. (UPC Insurance), a property/casualty insurance holding company based in St. Petersburg, Florida, announced that it received formal approval from the New York State Department of Financial...
