Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Jury Orders Wall St. Financier to Pay Ex-Employee $18M in Harassment Case
Jun 30 2015 // A federal jury on Monday ordered the chief executive officer of a Manhattan investment firm to pay $18 million in damages to a former employee for sexual harassment and defamation. Benjamin Wey, who heads up New York...
Beazley Hires Kontonotas as Crime & Fidelity Underwriter in New York
Jun 26 2015 // Michael Kontonotas Specialist insurer Beazley hired Michael Kontonotas as an underwriter for the company’s crime & fidelity bond underwriting team. He will work from Beazley’s New York office. Kontonotas...
Sica | Fletcher Leads The Hilb Group to an Investment by ABRY Partners
Jun 26 2015 // TRANSACTION MARKS INSURANCE M&A ADVISORY FIRM’S 13th TRANSACTION OF 2015 New York, NY, June 26 2015–The Hilb Group, LLC has announced that leading private equity firm ABRY Partners, headquartered in Boston,...
New York City to Pay $6.25M to Man Exonerated in 1989 Killing
Jun 25 2015 // New York City has agreed to pay $6.25 million to a man who spent nearly 25 years in prison before being exonerated in a killing that happened while he was more than 1,000 miles away vacationing at Disney World, the city...
Fidelis Group Holdings Opens New Flagship Office in NYC
Jun 24 2015 // Fidelis Group Holdings LLC (FGH), with its subsidiary company Continental Underwriters Ltd. (CUL), a national marine insurance coverage and service provider, announced the recent opening of its new flagship office located...
NYC’s Taxi Regulatory Agency OKs New App Rules for Uber, Lyft
Jun 24 2015 // New York City’s taxi regulatory agency on Monday approved new rules governing how Uber and other app-based car services operate within the five boroughs. Part of the proposal unanimously passed allows the companies...
Willis North America Appoints Collins as Growth Leader in New York
Jun 23 2015 // Willis North America, a unit of Willis Group Holdings plc, the global risk advisory, re/insurance broking, and human capital and benefits firm, appointed Paul Collins as growth leader for Willis’s Metro region, where...
Hub International Northeast Hires Gonzalez as New Business Producer in N.Y.
Jun 22 2015 // Jerry Gonzalez Hub International Northeast, a division of Hub International Limited, hired Jerry Gonzalez as new business producer. He is based in Hub’s New York City office. In this role, Gonzalez will be...
New York Lawmakers Approve Tougher Regulation of Nail Salons
Jun 22 2015 // New York lawmakers on June 19 approved tougher regulation of nail salons, intended to help protect some 40,000 workers — many of them female immigrants — from getting shorted on pay and otherwise...
NYSIF Issues Update on Elimination of WCB Fees, Weekly Benefit Rate
Jun 22 2015 // The New York State Insurance Fund (NYSIF) issued an update on June 19 noting that Gov. Andrew Cuomo recently announced the elimination of a number of Workers’ Compensation Board (WCB) fees as a part of the 2015-16...
Public Comment Welcome as N.Y. Crafts Official Sea-Level Rise Projections
Jun 19 2015 // New York residents can sound off about the sea level. State environmental officials are holding four public meetings next week about projections of future sea levels. Rising sea levels have become a larger concern in New...
Rideshare Firm Lyft to Pay $300K in Settlement With New York
Jun 19 2015 // New York officials announced Thursday that rideshare firm Lyft has agreed to pay $300,000 in penalties as part of a settlement with state Attorney General Eric Schneiderman and the New York State Department of Financial...
Reinsurance Suit Against Greenberg Sent to New York’s Top Court Again
Jun 19 2015 // A decade-old lawsuit in which New York accused former American International Group Inc. Chief Executive Maurice “Hank” Greenberg of accounting fraud will head to the state’s highest court for a second...
Alliant Insurance Services Hires Ostrau as Senior VP in New York
Jun 17 2015 // Alliant Insurance Services, a specialty insurance brokerage based in Newport Beach, California, hired Jon Ostrau as senior vice president for its Alliant Americas division. Ostrau will be based in Alliant’s New York...
AIG Avoids Damages with Ruling in Greenberg Bailout Lawsuit
Jun 16 2015 // American International Group Inc., which opted against joining Maurice “Hank” Greenberg in a suit against the U.S., became a victor in the case after a judge ruled that the former chief executive officer...
Stahlka Agency Acquires Prahovic Agency in New York
Jun 15 2015 // Stahlka Agency Inc., an independent insurance agency with offices in Williamsville and Orchard Park, New York, today announced its acquisition of the Prahovic Agency in Lake View, New York. Terms of the transaction were...
Storm Brewing Over Yucatan Peninsula Threatens Texas and Louisiana
Jun 15 2015 // The Atlantic’s second storm of the year may be developing over the Yucatan Peninsula, with the potential to reach Texas and Louisiana and flood Houston for the second time in a month. Thunderstorms moving northwest...
People – East
Jun 15 2015 // Michael Tipsord, State Farm president and chief operating officer who first joined the insurer in 1988, will succeed outgoing CEO Edward B. Rust Jr. in September as chief executive officer. Rust, in speaking during a...
NYC to Ban Employer Credit Checks
Jun 15 2015 // New York City Mayor Bill de Blasio signed into law the Stop Credit Discrimination in Employment Act. The new law prohibits most New York City employers from using or requesting an applicant’s consumer credit history,...
CNA Hires Dipasupil as VP of Underwriting in New York
Jun 12 2015 // Chicago-based CNA hired Jay Dipasupil as vice president, Underwriting, Errors & Omissions for Professional Services and Financial Institutions, reporting to Chris Leisz, chief underwriting officer and senior vice...
