Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
McGraw Hill to Pay $2.2 Billion for SNL Financial
Jul 27 2015 // McGraw Hill Financial Inc. agreed to buy SNL Financial, the financial news and data services provider owned by buyout firm New Mountain Capital, for about $2.23 billion to add content on the banking and insurance...
NYC, Uber Reach Deal: No Cap on Company During 4-Month Study
Jul 24 2015 // Uber cars can continue to be a growing presence on the streets of New York City now that an agreement has been reached between the ride-hailing company and the city. Just before a City Council vote that could have capped...
New York Grants Provisional Charter for Museum on Climate Change
Jul 22 2015 // The plan for a museum in New York City that would focus on climate and climate change, with exhibits that could relate to health, social justice and rain-delayed baseball games, moved a step forward Monday, officials...
More Charges Added Against Former N.Y. Senate Leader Skelos and Son
Jul 22 2015 // Former New York Senate Majority Leader Dean Skelos faces new charges he demanded illegal payments be made to his son Adam from the head of an insurance administrator seeking favorable legislation in Albany. The case stems...
How AIG Is Using Cyber Intelligence to Protect Property from Cyber Attacks
Jul 22 2015 // A three-hour shutdown of the New York Stock Exchange on the same day that a network failure halted all United Airlines flights in the U.S. had people across the country thinking one thing: cyber-attack. It wasn’t,...
Dispute Simmering Between Uber, de Blasio Over Access to NYC Streets
Jul 21 2015 // A dispute is simmering between the ride-booking service Uber and New York Mayor Bill de Blaiso’s City Hall, an increasingly pitched disagreement playing out on smartphones, over the airwaves and in the press over a...
New York’s Utica First to Withdraw From WYO Flood Insurance Program
Jul 21 2015 // Utica First Insurance Company in Oriskany, New York, notified its independent agency partners last week that the company will withdraw from the Write Your Own (WYO) Program, a cooperative undertaking of the insurance...
6.6M Atlantic, Gulf Coast Homes at Risk of Storm Surge
Jul 20 2015 // More than 6.6 million homes on the Atlantic and Gulf coasts are at risk of hurricane storm surge with a total reconstruction cost value estimated to be nearly $1.5 trillion, according to an annual report released by...
People – East
Jul 20 2015 // Liberty Mutual Insurance promoted Jamie Trish to president of its Northeast Business Insurance operations. Trish will be responsible for the profitable growth of business in the region that includes Connecticut, Maine,...
New York Court: Flood Sub-Limit in Policy Applies to Delay Loss
Jul 20 2015 // The New York Supreme Court’s Appellate Division affirmed that a $5 million flood sub-limit in a builders risk policy that Zurich American Insurance issued to a New York property developer applies to the...
Amtrak Settles With Primary Insurers in Sandy Lawsuit
Jul 20 2015 // Amtrak recently reached a settlement with its primary insurers in a lawsuit in which the railroad operator sought to recoup additional proceeds for Superstorm Sandy losses from its insurers, according to court documents....
New York State Insurance Fund Launches New Online Medical Provider Portal
Jul 17 2015 // The New York State Insurance Fund (NYSIF) announced on Thursday the launch of its new online medical provider portal. NYSIF said the new portal will allow registered providers and third party billers to retrieve claims...
Lawsky’s Bank-Busting Reputation Looms Over Pact With Iran
Jul 17 2015 // Benjamin Lawsky’s bank-busting reputation may have earned him his own tribute in this week’s landmark Iran nuclear agreement. Lawsky was the first superintendent of New York’s beefed-up banking and...
Dog Owners Sue Nestle Purina Over Dog Treats They Say Lack Bacon
Jul 17 2015 // Nestle Purina Petcare Co.’s Beggin’ dog treats may fool dogs into thinking they are mostly made of real bacon, but a federal lawsuit claims that humans may be misled too. The proposed class action by Paul...
New York Approves Average 5.9% Increase in Workers’ Comp Loss Costs
Jul 16 2015 // The New York State Department of Financial Services (NYDFS) has approved an average 5.9 percent increase in workers’ compensation loss costs for new and renewal business to become effective on Oct. 1, 2015. The...
Amtrak Settles With Primary Insurers in Sandy Lawsuit
Jul 16 2015 // Amtrak recently reached a settlement with its primary insurers in a lawsuit in which the railroad operator sought to recoup additional proceeds for Superstorm Sandy losses from its insurers, according to court documents....
QBE Selling Lender-Placed Insurance Business for $90M
Jul 16 2015 // QBE Insurance Group Ltd., Australia’s second-largest insurer by market value, agreed to sell its North American mortgage and lender services business to National General Holdings Corp. for $90 million. The...
NYC Taxi Regulator Sides With Uber in Employee vs. Contractor Debate
Jul 14 2015 // New York considers drivers for ride-hailing car services such as Uber freelance workers rather than employees, according to the city’s chief taxi regulator, a policy that supports the company’s business...
NYC Reaches $5.9M Settlement in Eric Garner Chokehold Death Case
Jul 14 2015 // New York City reached a $5.9 million settlement with the family of an unarmed black man who died after being put in a choke-hold by a police officer. Eric Garner’s death in a confrontation over the sale of loose...
JLT Specialty USA Hires Taccetta as Executive VP in New York
Jul 10 2015 // JLT Specialty Insurance Services Inc. (JLT Specialty USA), a U.S. subsidiary of London-based Jardine Lloyd Thompson Group plc., hired Joe Taccetta as executive vice president. Taccetta will be based in New York where he...
