Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Cook Maran in New York Announces 4 Promotions
Aug 4 2014 // Cook Maran & Associates, an independent agency based in East Hampton, N.Y., promoted four staff members to vice president. Named vice presidents are Neil Falkenhan, Josh Helfand, John Humann, and Jiyun Yuh. Together...
N.Y. Sen. Schumer Calls for Federal Rules on Private Drones
Aug 4 2014 // U.S. Sen. Charles Schumer (D-NY) says privately operated drone aircraft are posing a threat to safety and privacy and should be regulated by the federal government. The Democrat says New York has become “the wild...
22.8M New Yorkers’ Personal Records Exposed
Aug 4 2014 // Nearly 23 million private records of New Yorkers have been exposed in data security breaches reported by more than 3,000 businesses, nonprofits and governments over the past eight years, New York’s attorney general...
Former New York Cop Sentenced for Inflating Auto Claim
Aug 1 2014 // A retired Buffalo, New York, police officer will avoid jail but must pay back $6,400 after inflating a car insurance claim. U.S. Attorney William Hochul says 49-year-old Johnnie Fritz was sentenced Wednesday to 10 months...
Heffernan’s New York Branch Hires Associate VP
Jul 30 2014 // Heffernan Insurance Brokers recently hired Patrick Rohan to join its New York office as an associate vice president. Rohan will focus on building the nonprofits and municipalities niche practices for Heffernan. Rohan is a...
AIG Ex-CEO Greenberg Faces January Trial in Loss Reserving Lawsuit
Jul 30 2014 // Maurice “Hank” Greenberg, the former chairman of American International Group Inc., will go on trial in January after more than nine years of legal jousting over former New York Attorney General Eliot...
New York Lawmakers Push for Airline Safety Devices
Jul 29 2014 // Two U.S. legislators urged the government to study whether American passenger jets should be equipped with devices protecting them against missiles like the one that brought down a Malaysian airliner over Ukraine and...
Berkshire Specialty Enters Fiduciary Liability Segment, Hires Prussack as VP
Jul 28 2014 // Berkshire Hathaway Specialty Insurance (BHSI) has entered the fiduciary liability market and named Rhonda Prussack as vice president, Fiduciary Liability, to lead the effort. According to Dan Fortin, senior vice president,...
Rideshare Firm Lyft Works Out Deal to Operate in New York City
Jul 25 2014 // New York State officials announced today rideshare firm Lyft has agreed to operate in New York City in full compliance with existing laws and regulations. The announcement comes two weeks after the state’s attorney...
N.Y. Announces $175M Fund to Cover Local Costs of Post-Sandy Rebuilding
Jul 24 2014 // New York Gov. Andrew Cuomo announced on Wednesday $175 million in funding to cover local governments’ costs to repair and rebuild infrastructure damaged by Superstorm Sandy. When participating in FEMA’s Public...
Apollo’s Life Insurance Unit Athene Holding Said to Be Examined for Caesars Link
Jul 22 2014 // Apollo Global Management LLC’s dual stakes in an insurer and the largest operator of U.S. casinos are drawing scrutiny by New York’s top financial regulator, who doesn’t want policyholders exposed to the...
Will BNP Deal Expand Whistleblower Protections in Banking, Insurance?
Jul 22 2014 // BNP Paribas SA’s $9 billion settlement with U.S. authorities, aided by internal whistleblowers, has spurred calls for federal banking regulators to protect and reward individuals who report wrongdoing by banks. The...
Employee Wins Comp Benefits in N.Y. After Run-In With Co-Worker’s Husband
Jul 18 2014 // A former manager at a New York supermarket is due workers’ compensation benefits for his preexisting post-traumatic stress disorder condition, which was exacerbated during his employment because of threatening...
Report Says New York 7th in Highway Fatalities
Jul 18 2014 // Federal data show New York ranked seventh among states with 1,168 highway deaths in 2012. The National Highway Traffic and Safety Administration reports 33,561 road deaths that year nationally, up 3 percent from 2011. New...
New York AG Proposes Bill to Blunt Effect of Hobby Lobby Ruling
Jul 17 2014 // New York Attorney General Eric T. Schneiderman and the state’s Senate Democratic Conference Leader Andrea Stewart-Cousins said today they would propose legislation that would help to shield New York women from the...
N.Y. DFS Disapproves NYCIRB’s +6.8% Loss Cost Level Change Filing
Jul 17 2014 // The New York Compensation Insurance Rating Board (NYCIRB) announced in a bulletin yesterday that the New York Department of Financial Services (DFS) issued an opinion and decision letter disapproving the +6.8 percent...
New York Regulator Lawsky Proposes ‘BitLicense’ Regulatory Framework
Jul 17 2014 // New York’s financial regulation chief is proposing a “BitLicense” regulatory regime that he says will protect consumers and root out wrongdoing without stifling innovation by virtual-currency businesses...
Integro Appoints New U.S. Leadership in Boston, New York
Jul 16 2014 // Ruth KilduffInsurance brokerage and risk management firm Integro appointed Ruth Kilduff as chairman, and Anne Anderson as president of its United States operations, Integro USA. Both Kilduff and Anderson are Integro...
MarshBerry Acquires Capital Management Advisor Gill & Roeser in N.Y.
Jul 16 2014 // MarshBerry has acquired the assets of Gill & Roeser Inc., a New York City-based boutique investment banking and reinsurance intermediary firm. Terms of the transaction were not disclosed. Gill & Roeser is an...
AIG Settles for $650M from BofA in Mortgage Securities Fraud Case
Jul 16 2014 // Bank of America agreed to pay American International Group Inc. $650 million to settle long-running legal disputes over defective mortgage-backed securities sold in the run-up to the financial crisis. The deal, which the...
