Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
N.Y. Lawmakers Propose Speed Cameras in School Zones in NYC, Long Island
Apr 16 2014 // New York State lawmakers are taking aim at lead-footed drivers in New York City and Long Island with a proposal to authorize hundreds of speed cameras in school zones, a plan touted as a way to protect pedestrians and...
N.Y. Sen.: TRIA Renewal Vital for Economic Development in Cities Across Country
Apr 14 2014 // The U.S. Senate is close to extending an insurance program Sen. Charles Schumer said is vital to New York’s post-9/11 resurgence and economic development in cities across the country. Schumer, D-N.Y., introduced a...
N.Y. Lawmakers Examining Auto Insurance Costs, Rate Factors
Apr 14 2014 // Auto insurers use many factors, including a motorist’s education and occupation, to accurately gauge their risk, industry representatives told state lawmakers on April 10, a week after a consumer advocacy group...
N.Y. Regulators to Start Licensing Title Insurance Agents for First Time
Apr 14 2014 // New York’s new budget gives state financial regulators authority to issue licenses to title insurance agents for the first time. Sponsors say the measure is intended to protect consumers and lower costs for New York...
New York’s Health Commissioner to Step Down for California Job
Apr 11 2014 // New York Health Commissioner Dr. Nirav Shah will step down in June to take an executive position with Kaiser Foundation Health Plan in California, the health department said Wednesday. During Shah’s tenure as state...
N.Y. Aims to Improve Patient Handling, Protect Hospital Staffs From Injuries
Apr 11 2014 // New York is directing health officials and hospitals to identify best practices for safely handling patients in an effort to reduce rough lifting and better protect staff from back injuries. State legislation proposed by...
Aon Accused by N.Y.-N.J. Port Authority of Unauthorized Commissions
Apr 10 2014 // Aon Plc was sued by the Port Authority of New York and New Jersey which claims the insurance broker kept unauthorized commissions and failed to return premium overpayments, causing the agency to pay millions of dollars...
N.Y. Bill to Standardize Hurricane Deductible Triggers Advances in Assembly
Apr 10 2014 // A proposed New York State bill to establish standards for hurricane windstorm deductible triggers is advancing in the state Assembly. The bill, A.2729, was reported out of the Assembly’s insurance committee Tuesday....
N.Y. Metro-North Employee Paralyzed in Train Derailment Files $100M Suit
Apr 10 2014 // A Metro-North employee paralyzed in the deadly train derailment in the Bronx has filed a $100 million lawsuit against the railroad. Samuel Rivera’s lawyer told the Daily News that his client has extraordinary medical...
Allstate, Merrill Lynch End $167 Million Mortgage Suit
Apr 9 2014 // Allstate Corp. and Bank of America Corp.’s Merrill Lynch unit agreed to end a lawsuit by the insurer over $167 million in mortgage-backed securities as the second-largest U.S. lender continues to resolve litigation...
USI Insurance Taps Lockton Exec as Strategic Consultant in New York
Apr 9 2014 // USI Insurance Services has appointed Pauline Sobelman as strategic consultant for its New York metropolitan office. For the past five years, Sobelman served as vice president, senior consultant at Lockton Companies,...
New York Subpoenas 4 Insurers in Iran Sanctions Probe
Apr 8 2014 // New York state’s top insurance regulator has sent subpoenas to four U.S. insurance companies as part of a probe of potential sanctions violations involving Iran, a person familiar with the matter said on Tuesday. The...
AssuredPartners Acquires MHB Insurance in New York
Apr 7 2014 // Lake Mary, Fla.-based AssuredPartners Inc., through its subsidiary Assured SKCG, recently acquired MHB Insurance, located in Peekskill, N.Y. Terms of the transaction were not disclosed. Founded in 1919, MHB Insurance...
Group Urges New York DFS to Review Auto Insurers’ Rate-Setting Practices
Apr 7 2014 // A consumer advocacy group said its analysis shows some of New York State’s largest auto insurers are charging higher premiums to motorists who have less education and non-professional, non-managerial jobs. The New...
Washington LNG Blast Spotlights Natural Gas Safety
Apr 7 2014 // An unexplained blast this week at a liquefied natural gas (LNG) facility in rural Washington state, which injured workers, forced an evacuation and raised alarm about a potentially large second explosion, could focus...
New York DFS Becoming ‘National Player’ Among Insurance, Banking Regulators
Apr 7 2014 // On a June morning in 2012, New York bank examiners paid surprise visits to the offices of Ocwen Financial Corp., the biggest non-bank mortgage servicer. That break with tradition — examiners typically set up...
N.Y. Regulator Lawsky Sued by AIG Over Probe Into Unlicensed Insurance
Apr 3 2014 // American International Group Inc. sued to block New York’s top financial regulator, Benjamin Lawsky, from fining it over marketing insurance overseas without a state license, claiming it would be...
N.Y. Regulators Say MetLife Fined $60M, to Cooperate in Probe of AIG
Mar 31 2014 // MetLife Inc., the largest U.S. life insurer, will pay $60 million after New York watchdogs found subsidiaries solicited business in the state without a license and made intentional misrepresentations to regulators. MetLife...
Guilty Pleas Unsealed in Dewey Law Firm Fraud
Mar 31 2014 // A New York judge on March 28 unsealed the records of six former Dewey & LeBoeuf employees who pleaded guilty in connection with accounting fraud at the law firm. The records offer a fresh peek into the...
NYC Mayor Names New Team to Speed Up Sandy Rebuilding Efforts
Mar 31 2014 // New York City Mayor Bill de Blasio named a new team on March 29 to speed up efforts to help New Yorkers still recovering from Superstorm Sandy, saying he was “thoroughly dissatisfied” with previous results. De...
