Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
More Firms Could Feel Heat from New York AG’s Climate Change Disclosure Win
Nov 13 2015 // The New York state attorney general’s office, which told Peabody Energy this week to give investors more details about how its sales would suffer from measures to curb global warming, is now mulling whether the...
NYC Mayor de Blasio Defends Traffic Safety Plan Despite Recent Deaths
Nov 12 2015 // Three people, including a child, crushed by a car that plowed into a group of trick-or-treaters. An 84-year-old woman run over by a charter bus that never stopped. A grandmother struck by a taxi driver finishing a 16-hour...
N.Y. Regulators Weigh Cybersecurity Requirements for Banks, Insurers
Nov 12 2015 // New York regulators are considering a host of cybersecurity requirements for banks and insurers and urged other state and federal authorities to collaborate on establishing a framework of defenses for the financial...
U.S. Charges 3 in ‘Securities Fraud on Cyber Steroids’ Scheme
Nov 11 2015 // U.S. prosecutors on Tuesday unveiled criminal charges against three men accused of running a sprawling computer hacking and fraud scheme that included a huge attack against JPMorgan Chase & Co. and generated hundreds...
N.Y. Authorities Take Additional Steps to Protect Health Republic Customers
Nov 11 2015 // New York state authorities say they are taking additional steps meant to protect people covered by Health Republic Insurance as it shuts down. The New York State Department of Financial Services and Department of Health...
Uber Gains Support From Upstate New York Mayors
Nov 10 2015 // Mayors of some of upstate New York’s largest cities have joined together to support Uber’s proposal to expand throughout the state. Rochester Mayor Lovely Warren, Binghamton Mayor Richard David and Syracuse...
Kingstone Approved to Write P/C Insurance in New Jersey
Nov 10 2015 // Kingstone Companies Inc., a New York-domiciled multi-line property/casualty insurance holding company, announced that its subsidiary, Kingstone Insurance Company, was granted approval to write P/C insurance in New Jersey...
KeyCorp Aims to Leverage First Niagara’s Insurance Brokerage Business in N.Y.
Nov 5 2015 // Financial services company KeyCorp, which recently announced its plan to acquire First Niagara Financial Group in Buffalo, New York, said the company would leverage and grow First Niagara’s insurance brokerage...
Dual Commercial Hires Broomfield for Environmental Program in New York
Nov 5 2015 // Dual Commercial LLC, a specialty program administrator based in Naples, Florida, has hired John Broomfield as senior underwriter for the firm’s the Environmental Division. He is based in New York City. Broomfield has...
N.Y. Inspections Reveal Many Parents Flunk Child Car Seat Safety Checks
Nov 5 2015 // Results from recent child car seat inspections in New York indicate that parents need to do a better job of buckling up their little ones. New York Gov. Andrew Cuomo’s office says 931 car seats were inspected at a...
AIG CEO Hancock Rejects Icahn’s Breakup Plan
Nov 4 2015 // American International Group Inc. Chief Executive Officer Peter Hancock dismissed activist investor Carl Icahn’s proposal to split the company into three insurers, saying a division would limit earnings diversity and...
New York Officials Propose Regulations for Projecting Rises in Sea Level
Nov 3 2015 // New York conservation officials are proposing regulations for establishing official state projections of rising sea levels. The Department of Environmental Conservation says the projections will reflect the best science...
NSM Insurance Group Hires Mogelnicki as Northeast Region Director
Nov 3 2015 // NSM Insurance Group, a program administrator based in Conshohocken, Pennsylvania, has hired Dan Mogelnicki as director of the Northeast region. He is based in New York City. In his role, Mogelnicki will be responsible for...
New York’s Taxi Industry Says Uber Expansion Would Kill Existing Jobs
Nov 3 2015 // New York’s taxi industry says Uber’s proposal to expand outside of the New York City area threatens the jobs of dispatchers and others who work behind the scenes for cab companies around the state. The...
Brownyard Group Promotes Pereira to Lead Foundation Program in New York
Nov 3 2015 // Teri Pereira Brownyard Group, an insurance program administrator based in Bay Shore, New York, has promoted Teri Pereira to account manager of the Foundation program. The Foundation program provides specialized liability...
As Activist Investors Circle, AIG Posts Q3 Loss; Plans to Cut 400 Jobs
Nov 2 2015 // American International Group Inc., the insurer facing pressure from activist shareholder Carl Icahn for a breakup, posted a third-quarter loss as investment results deteriorated. The company plans to cut as many as 400...
Officials Say Shutdown of Health Republic Insurance of N.Y. Should Accelerate
Nov 2 2015 // New York State and federal authorities say the shutdown of Health Republic Insurance of New York should accelerate after they found it is in worse financial shape than they knew when it was ordered to stop writing new...
Superstorm Sandy: Ohio’s 6th Costliest Natural Disaster
Oct 30 2015 // Superstorm Sandy in late October 2013 was Ohio’s sixth costliest natural disaster in recent history from an insured loss standpoint, an insurance trade group says. Moving inland after devastating parts of the East...
N.Y. Sen. Gillibrand Calls for More Transparency in NFIP Claims Process
Oct 28 2015 // U.S. Sen. Kirsten Gillibrand, D-New York, is announcing legislation to require the Federal Emergency Management Agency to be more accountable to property owners who file claims. Gillibrand says many New Yorkers whose homes...
Albanese to Exit as New York’s Financial Regulator Before End of Year
Oct 27 2015 // The acting head of New York’s Department of Financial Services will step down before the end of the year, giving New York Governor Andrew Cuomo a run at reshaping a regulator that has levied billions of dollars of...
