Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Hub International Acquires MMZ Associates in New York
Jan 7 2015 // Hub International Limited announced that its subsidiary Hub International Northeast Limited has acquired the assets of MMZ Associates Inc., a Westchester County, New York-based brokerage. Terms of the acquisition were not...
New York Knicks Heckler Tossed From Arena Sues Over Lost ING Job
Jan 7 2015 // A former ING Financial Services trader sued the owners of Madison Square Garden for booting him from the arena last year after he yelled “Carmelo, you stink” during a New York Knicks game, a move he said cost...
Alliant Acquires American Benefits Consulting in New York
Jan 7 2015 // Alliant Insurance Services, a specialty insurance brokerage firm based in Newport Beach, California, has acquired American Benefits Consulting (ABC), an employee benefits consulting firm in New York. Terms of the...
Cook Maran & Associates Hires 2 Client Advisors in New York
Jan 5 2015 // Cook Maran & Associates, an insurance broker with offices in New York and New Jersey, has hired Meaghan Sullivan and Caetlyn Fallon as client advisors. Sullivan and Fallon will both work in Cook Maran’s Personal...
Pedestrian Deaths Fall to Historic Lows in New York City
Jan 5 2015 // Pedestrian deaths are at historic lows in New York City after a push by City Hall to make streets safer. According to the New York Times, there were 132 pedestrian deaths from traffic accidents in 2014, the lowest since...
Workers’ Comp Insurers Unfazed by TRIA Failure For Now But Expect Quick Fix
Jan 4 2015 // The expectation that the new Congress that convenes this week will act quickly to reauthorize the Terrorism Risk Insurance Act (TRIA) is keeping workers’ compensation insurers in particular from altering their...
New York Regulator Surveying Insurers on TRIA Risk
Dec 31 2014 // New York’s Financial Services Superintendent Benjamin Lawsky has directed insurers that are licensed to write commercial property or liability business lines in the state to submit information on how they are...
Corporations Warned Not to Hack Back
Dec 31 2014 // The hacked are itching to hack back. So say a dozen security specialists and former law enforcement officials who described an intensifying and largely unspoken sense of unease inside many companies after the recent breach...
Integro Re Hires Leotta as Principal in New York
Dec 30 2014 // Integro Re, the reinsurance division of insurance brokerage and risk management firm Integro Ltd., has hired Joseph Leotta as a principal in New York. Leotta joins Integro Re from Falvey Insurance Group, where he served as...
Caution: Pulling Plug on Traffic Cameras Leaves Municipalities in the Red
Dec 30 2014 // Municipalities that installed traffic cameras to boost revenue are scraping for cash to fill budget gaps after complaints by irate drivers forced them to cancel their use. Nassau County on Long Island ended its program...
Insurers Dogged by Claims of Slanted Sandy Reports
Dec 28 2014 // When Superstorm Sandy hit the East Coast, flood insurance companies working for the Federal Emergency Management Agency dispatched an army of structural engineers to do some detective work. Their assignment: Find out how...
Florida Appeals Court Ruling Opens Door for Cruise Line Malpractice Suits
Dec 24 2014 // Pasquale Vaglio, a retired New York City policeman and Korean War veteran, was on the cruise of a lifetime with 18 family members in the summer of 2001 aboard Royal Caribbean’s “Explorer of the Seas.”...
Obama Signs Disaster Declaration for 9 N.Y. Counties in Wake of Nov. Storm
Dec 24 2014 // President Barack Obama has declared a major disaster in upstate New York. That means Washington will chip in to help state, local and tribal governments pay to clean up and rebuild after a blockbuster storm buried the...
New York City Sees 25% Drop in Tickets to Bicyclists
Dec 23 2014 // New York City bicyclists are getting fewer tickets. The drop comes as biking safety is in a spotlight. The New York Post reported Monday that about 32,500 tickets have been issued to cyclists from Jan. 1 through Nov. 30....
New York DFS Requires Ocwen Reforms, $150M Homeowner Help
Dec 23 2014 // New York financial regulators have reached a settlement with Ocwen Financial Corp. requiring the nation’s largest subprime mortgage servicer to reform its practices and provide $150 million to help struggling New...
NYC Fire Department on Pace to Have Its Busiest Year on Record
Dec 22 2014 // The Fire Department of the City of New York is on pace to have its busiest year on record, according to city officials. New York City Mayor Bill de Blasio and FDNY Commissioner Daniel Nigro said last week that the...
MetLife Considers Appeal of Systemic Risk Label
Dec 19 2014 // MetLife Inc., the biggest U.S. life insurer by assets, was labeled a systemically important financial institution by a council of regulators and said it will consider whether to sue the government over the decision. The...
New York Will Move to Prohibit Fracking
Dec 18 2014 // New York Gov. Andrew Cuomo’s administration will move to prevent fracking in the state, citing unresolved health issues and dubious economic benefits of the widely used gas-drilling technique. New York Environmental...
Integro Acquires Ventura Insurance Brokerage in New York
Dec 18 2014 // Insurance brokerage and risk management firm Integro announced its acquisition of Ventura Insurance Brokerage in New York City. Financial details of the transaction were not disclosed. Ventura Insurance Brokerage is an...
NICB: Vehicle Thefts in New York Down 92% From Peak in 1990
Dec 17 2014 // From its peak auto theft year in 1990 when 187,591 vehicles were stolen, New York has experienced a significant decline ending 2013 with 15,482 thefts. That’s a reduction of 92 percent since 1990, according to the...
