Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Lawyers Seek Mercy for Ex-New York Senate Leader Skelos and Son
Mar 25 2016 // New York’s former Senate leader and his son, who were convicted alongside one another on charges that the once-powerful Republican used his office to extort about $300,000 in salary and other benefits for the son,...
New York Trains More Than 100K Residents in Disaster Response
Mar 24 2016 // More than 100,000 New York state residents are now trained in how to help out during a natural or man-made disaster. New York Gov. Andrew Cuomo says the Citizen Preparedness Corps reached the milestone on March 21. The...
Universal Property & Casualty’s Expansion Continues With License in N.Y.
Mar 24 2016 // Universal Insurance Holdings Inc., an insurance holding company based in Fort Lauderdale, Florida, announced that its subsidiary Universal Property & Casualty Insurance Company (UPCIC) has been approved by the New...
R-T Specialty to Acquire Hartan Brokerage in New York City
Mar 24 2016 // R-T Specialty LLC, the wholesale brokerage unit of Ryan Specialty Group LLC in Chicago, announced that it has reached an agreement to acquire substantially all of the assets of Hartan Brokerage, a wholesale insurance...
AIG Continues with Job Cuts; Warns 242 in New York Next to Go
Mar 23 2016 // American International Group Inc., the insurer that’s been under pressure from activist investors, said it plans to cut 242 jobs at five locations in New York City. The reductions will take place through Sept. 30,...
New York’s E-Prescribing Law Takes Effect This Month
Mar 21 2016 // The scribbled, cryptic doctor’s prescription is headed toward eradication in New York, where the nation’s toughest paperless-prescribing requirement takes effect this month. Instead of handing patients slips of...
N.Y. Unveils Plan to Target Zika Virus; Conn. Identifies 1st Zika Case
Mar 21 2016 // New York state will monitor and target a type of mosquito that officials fear could spread the Zika virus, part of a new plan to combat the disease that also includes distributing prevention kits to pregnant women. The...
People – East
Mar 21 2016 // John Q. Doyle, who was ousted from the executive ranks of American International Group in a management shakeup in December, is joining global insurance broker Marsh. Marsh said it has appointed Doyle as president,...
Bangladesh Cyber Bank Heist Prompts Scrutiny of Cyber Security Measures
Mar 16 2016 // A printer error first tipped off Bangladesh’s central bank to one of the biggest cyber heists in recent history, according to a complaint filed to police that provided new details on the attempted theft of nearly $1...
China Insurer Anbang Offers $6.5 Billion to Buy Major U.S. Hotel Group
Mar 13 2016 // China’s Anbang Insurance Group has agreed to acquire Strategic Hotels & Resorts Inc. for around $6.5 billion, as the owner of New York’s iconic Waldorf Astoria expands its U.S. hotel portfolio, a person...
Marshall & Sterling Acquires Valley Group in New York
Mar 11 2016 // Marshall & Sterling Insurance announced that it has acquired the Valley Group Inc., an insurance and financial services agency based in Kingston, New York, with a satellite office in Hopewell Junction, New York. Terms...
Small-Business Owners Ask New York to Reject $15 Minimum Wage Plan
Mar 10 2016 // Small-business owners struck back against New York Gov. Andrew Cuomo’s plan to implement a $15 minimum wage Tuesday, saying the Democratic governor’s call to enact what would be the highest state minimum in the...
Cook Maran Promotes Fallon to Personal Insurance Advisor in New York
Mar 9 2016 // Caetlyn Fallon Cook Maran & Associates, an insurance brokerage and consulting firm with offices in New York and New Jersey, announced that Caetlyn Fallon has been promoted to a personal insurance advisor position...
Supreme Court Nixes AIG Bid to Recoup Foreign Tax Credits
Mar 7 2016 // The U.S. Supreme Court on Monday rejected bids by three companies to recoup hundreds of millions of dollars in foreign tax credits denied by the Internal Revenue Service as the tax agency tries to curb corporate abuse of...
People – East
Mar 7 2016 // Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has hired Edith Quintrell as its U.S.-based underwriting development director for its Global Financial Risks division. Quintrell previously was...
Woods Named Executive Director of New York Workers’ Compensation Board
Mar 3 2016 // New York Gov. Andrew M. Cuomo has announced the appointment of Mary Beth Woods as executive director of the New York State Workers’ Compensation Board, where she had been acting director. Woods succeeds Mark Wade who...
XL Catlin Expands Professional Liability Unit; Adds AIG’s Santiago
Mar 2 2016 // XL Catlin has announced the regional expansion of its Hartford-based Professional Liability underwriting operations, establishing offices in New York, Chicago, Denver and Toronto. According to Dan Kumpf, chief executive of...
N.Y. Senator Calls for More Federal Spending for Home Lead Removal
Mar 2 2016 // U.S. Sen. Charles Schumer (D-N.Y.) is calling for more federal spending to help homeowners pay for lead paint removal. The Journal News says the New York senator made the announcement Monday after visiting an older home in...
AssuredPartners Acquires MRW Group in New York
Mar 2 2016 // AssuredPartners Inc. announced Wednesday that it has acquired MRW Group Inc., an independent agency based in Hauppauge, New York. Terms of the transaction were not disclosed. MRW Group’s staff of 25 will continue to...
Jury Finds 2 N.Y. Stockbrokers Liable in IBM Insider Trading Trial
Mar 1 2016 // A federal jury on Monday found two former New York stockbrokers liable for trading on confidential tips about an IBM Corp acquisition, despite a major appeals court ruling that made insider trading cases harder to...
