Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
USI Acquires Travers, O’keefe & Associates in New York
Jan 28 2014 // USI Insurance Services announced the closing of the acquisition of Travers, O’keefe & Associates Inc., headquartered in New York. Terms of the transaction were not disclosed. Travers, O’keefe’s...
AIG’s Benmosche Receives Leadership Award in N.Y.
Jan 27 2014 // St. John’s University’s School of Risk Management (SRM) held its 19th annual “Insurance Leader of the Year” award dinner on Jan. 15 before a crowd of more than 1,400 in New York City. AIG Property...
People – East
Jan 27 2014 // Kelly K. Norris has been named executive director of the Glenmont, N.Y.-based Professional Insurance Agents associations of Connecticut, New Hampshire, New Jersey, New York, and their affiliated organizations. Norris has...
Biden, Cuomo Team Up to Promote Smarter Rebuilding
Jan 27 2014 // Vice President Joe Biden and New York Gov. Andrew Cuomo said this month New York and the nation’s other coastal states have to rebuild against severe storms and flooding that are likely in the future. “Extreme...
N.Y. Enacts Disclosure Law for Public Adjusters
Jan 27 2014 // New York State’s Act 5775, which took effect Jan. 1, restricts public adjusters from receiving a referral fee or having an ownership interest in a restoration or repair company working on the claim unless such...
N.Y. Gov. Calls for Medical Bill Dispute Protection
Jan 23 2014 // New York hospital patients would no longer wake from surgery with the bad surprise of big bills from an anesthesiologist outside their insurance networks under legislation unveiled this week by the New York Gov. Andrew...
Regulators Reviewing Berkshire Hathaway for Systemic Risk
Jan 23 2014 // Regulators are starting to scrutinize Warren Buffett’s Berkshire Hathaway Inc. to determine whether it is important enough to the financial system to require Federal Reserve supervision, according to two people with...
Industry Groups Applaud N.Y. Gov.’s Initiative to Crack Down on Auto Fraud
Jan 22 2014 // Insurance associations are applauding New York Gov. Andrew Cuomo’s proposal for a multi-pronged approach to combating auto insurance fraud. The initiative was outlined in the 2014–2015 executive budget proposal...
Some Western N.Y. Homeowners Grapple With Flood Damage After Canceling Insurance
Jan 21 2014 // Some western New York residents whose homes were damaged by a snow-swollen river this month had only recently cancelled their federal flood insurance policies because of rate increases. About 70 houses in West Seneca, just...
Hoboken, N.J., Mayor Meets With Feds Over Claim Against Gov. Christie
Jan 21 2014 // The Democratic mayor of a New Jersey town severely flooded by Superstorm Sandy said Sunday, Jan. 19, that she was told an ultimatum tying recovery funds to her support for a prime real estate project came directly from...
New York’s AG Forms New Bureau to Fight Complex Financial Crimes
Jan 21 2014 // New York Attorney General Eric Schneiderman expanded an existing criminal bureau to include a focus on financial wrongdoing two years after Governor Andrew Cuomo created a regulator with a similar mandate. Gary Fishman,...
AIG’s Benmosche Receives Leadership Award From St. John’s University in N.Y.
Jan 17 2014 // St. John’s University’s School of Risk Management (SRM) held its 19th annual “Insurance Leader of the Year” awards dinner Wednesday before a crowd of more than 1,400 in New York City.(Left to right)...
Councilor Urges New York City Require Public Address Systems in High-Rises
Jan 14 2014 // A New York City lawmaker is proposing a new fire-safety requirement for high-rise apartment houses after a playwright died trying to flee a blaze in his building. City Councilman Corey Johnson told The Wall Street Journal...
People – West
Jan 13 2014 // Equity Risk Partners named four insurance industry executives to its team in California, while also establishing the firm’s physical presence in Southern California. Equity’s new executive hires are Doug...
N.Y. Enacts Referral Disclosure Requirement Law for Public Adjusters
Jan 10 2014 // New York State’s Act 5775, which took effect Jan. 1, restricts public adjusters from receiving a referral fee or having an ownership interest in a restoration or repair company working on the claim unless such...
CGI Loses Obamacare Contract to Accenture: Report
Jan 10 2014 // CGI Group Inc., the company that built the federal Obamacare website, will be replaced next month when its contract with the U.S. government expires, a person familiar with the decision said. The Obama administration...
China’s Fosun Buys 80% of Portugal’s Caixa Insurer for $1.36 Billion
Jan 10 2014 // China’s Fosun International Ltd. bought 80 percent of Portugal’s Caixa Geral de Depositos SA’s insurance unit for €1 billion ($1.36 billion), beating out U.S. buyout firm Apollo Management International...
Biden, Cuomo Team Up to Promote Smarter Rebuilding
Jan 8 2014 // Vice President Joe Biden and New York Gov. Andrew Cuomo said Tuesday that New York and the nation’s other coastal states have to rebuild against severe storms and flooding that are likely in the...
NYC’s New Corporation Counsel Carter to Leave MMC Board Director Seat
Jan 8 2014 // Zachary W. Carter, who was tapped by New York City Mayor Bill de Blasio to become the city’s corporation counsel, will leave his board director seat at Marsh & McLennan Cos. Carter, a partner at law firm of...
John Buttine Appoints VP of Association and Event Sales in New York
Jan 8 2014 // New York-based brokerage John Buttine Inc. announced Paulette Norman has joined the firm in the newly created position of vice president of association and event sales. In her new role, Norman will provide leadership in...
