Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
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...
New York Classical Pianist Awarded $2.5M for Car Crash Injuries
Feb 26 2016 // A classical pianist from New York City who hurt his elbow in a car accident and can no longer play at the level he mastered has been awarded $2.5 million by a New Jersey jury. The award was against a motorist from...
WCRI Report Examines Trends in New York Workers’ Comp System
Feb 26 2016 // The Workers Compensation Research Institute (WCRI) has published its eighth annual report examining the trends in the performance of the New York workers’ compensation system following reforms enacted in 2007. WCRI...
Crystal & Co. Hires Wozencraft as Executive Director in New York City
Feb 26 2016 // Ann L. Wozencraft Crystal & Company has hired Ann L. Wozencraft as executive director. She is based in Crystal & Company’s New York City headquarters office. Wozencraft comes from Aon where she served as...
Insurance Journal TV Offers Exclusive New Videos From the 2016 PLUS D&O Symposium
Feb 26 2016 // San Diego, CA, February 26, 2016 – New video interview with Ryan Specialty Group Chairman and CEO Pat Ryan, along with other videos from the 2016 PLUS D&O Conference in New York now on...
2.8M Enroll in New York’s Health Exchange
Feb 25 2016 // The New York Health Exchange says more than 2.8 million people have signed up for Medicaid and low-cost insurance through its 2016 open enrollment that ended Jan. 31. According to state health officials, federal data show...
The Hilb Group Acquires PriMed Consulting in New Jersey
Feb 24 2016 // The Hilb Group, a middle market insurance agency based in Richmond, Virginia, announced that it has acquired PriMed Consulting, an independent agency in Ocean Township, New Jersey. The deal represents The Hilb...
Creedon Begins Tenure as CEO of Utica Mutual in New York
Feb 24 2016 // Richard P. Creedon Utica Mutual Insurance Company in New Hartford, New York, said Richard P. Creedon officially began his tenure as chief executive officer of the company with the retirement of J. Douglas Robinson as CEO....
Health Insurance Startup Oscar Narrows Hospital Networks to Compete
Feb 24 2016 // Oscar Health Insurance Corp. CEO Mario Schlosser has found the strategy he says will build his startup into a million-customer player in the health insurance industry: use tight, exclusive networks with hospitals to sell...
Former NYPD Cop Jailed for Filing False Auto Claims
Feb 23 2016 // Authorities said a former New York City police officer has been sentenced to two to six years in state prison for a scheme to defraud auto insurance companies. New York Attorney General Eric T. Schneiderman announced the...
