Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
2013 State Specialist P/C Insurers Revealed
Nov 18 2013 // State Specialists are often an independent agent’s most reliable and consistent market. These companies are focused on a specific geographic area, understand it and consistently strive to serve it. The Demotech...
People – East
Nov 18 2013 // Chevy Chase, Md.-based underwriting manager Victor O. Schinnerer & Company Inc. named Steve Cohen as senior underwriting manager for its management liability programs. In his new role, Cohen will oversee the growth...
N.Y. Issues New Disaster Protocol for Insurers
Nov 18 2013 // New York Gov. Andrew Cuomo announced that his administration has established a new emergency disaster protocol that insurers “should expect to follow” in the event of future severe storms and other natural...
Risk Partners Names Regional Business Development Manager in N.Y.
Nov 15 2013 // Medford, N.J.-based Risk Partners Inc. appointed industry veteran David Bierschied in New York State as regional business development manager. Bierschied will establish Risk Partners’ first New York State office in...
New York Law Limits Liability for Convenience Checks
Nov 15 2013 // A new law protects New Yorkers from liability for the unauthorized use of convenience checks that their debit and credit card companies send without being asked. Signed Wednesday by Gov. Andrew Cuomo, the law is effective...
Google Wins Copyright Scanning Case Against Authors; Judge Finds ‘Fair Use’
Nov 15 2013 // Google Inc. on Thursday won dismissal of a long-running lawsuit by authors who accused the Internet search company of digitally copying millions of books for an online library without permission. U.S. Circuit Judge Denny...
New York’s Broome County Forms Task Force to Fight Workers’ Comp Fraud
Nov 14 2013 // Officials from New York State’s Broome County unveiled a new initiative to crack down on workers’ compensation fraud. Broome County Executive Debbie Preston said Wednesday her county has created an informal...
New York’s Long Beach Getting $13M for Flood Barriers
Nov 12 2013 // New York State will spend $13 million on flood barriers for the industrial district of Long Beach, Long Island. The district was badly damaged by Superstorm Sandy. It houses essential infrastructure facilities that include...
N.Y.-Based Crystal & Company Appoints Executive Vice President
Nov 12 2013 // New York-based brokerage Crystal & Company named Charles Williamson as executive vice president, field operations and corporate development. Williamson will report to Chairman and CEO James W. Crystal and will join...
Washington Apple Crop Tops $2B in Sales
Nov 11 2013 // An apple a day may not keep the doctor away, but it sure lines the pockets of Washington’s apple growers. Apples were worth more than $2 billion to Washington farmers in 2012, the first crop in state history to cross...
Judge: New York City Doesn’t Protect Disabled in Emergencies
Nov 11 2013 // A judge cited disabled Superstorm Sandy victims stranded in high-rise towers to illustrate his conclusion that New York City violated laws designed to protect the disabled — about 11 percent of the city’s more...
R-T Specialty Appoints Senior VP for Property Division in New York
Nov 8 2013 // R-T Specialty, the wholesale brokerage unit of Ryan Specialty Group based in Chicago, announced the appointment of Meredith Dyson as a senior vice president for its property division. She is based in R-T Specialty’s...
AIG Settles Dispute Over Real Estate Executive Pay for $274M
Nov 7 2013 // American International Group Inc. has agreed to settle a $274 million lawsuit by a former executive who said the insurer refused to pay him during the financial crisis in 2008. The settlement came as a trial was due to...
Tough New DWI Laws Take Effect in New York
Nov 5 2013 // New York Governor Andrew Cuomo announced on Nov. 1 that individuals who drive drunk with a conditional license will now face a felony, which is the same penalty for those who drive drunk with a revoked license. Previously,...
Morgan Stanley Says AIG May Sue Over Mortgage Investments
Nov 5 2013 // Morgan Stanley, the sixth-largest U.S. bank by assets, said it may be sued by American International Group Inc. over mortgage-backed securities that the insurer bought before the financial crisis. AIG purchased $3.7...
IICF Northeast Announces Featured Speakers for Year-End Fundraising Dinner
Nov 4 2013 // The Insurance Industry Charitable Foundation (IICF) Northeast division announced three featured speakers who will be accepting grants for charities at its fundraising dinner on Wednesday Dec. 11, 2013 in New York City. The...
Confie Seguros Acquires DeFranco Insurance Agency in N.Y.
Nov 4 2013 // Confie Seguros, a national group of personal lines insurance brokers, announced its acquisition of DeFranco Insurance Agency Inc. in Niagara Falls, N.Y. DeFranco Insurance Agency specializes in the delivery and service of...
N.Y. Expects 100,000 to Change Health Insurance Under Federal Overhaul
Nov 4 2013 // New York health officials say that about 100,000 individuals will have to change their health insurance under the federal health care overhaul. According to the state Health Department, those changes are required where...
People – East
Nov 4 2013 // The Chubb Corp.’s board of directors announced John D. Finnegan, Chubb’s chairman, president and chief executive officer, will remain in his current roles until the end of 2016, breaking a Chubb policy that...
A Year After Sandy, a Slow Recovery for Thousands
Nov 4 2013 // A year after Superstorm Sandy catastrophically flooded vast swaths of eastern U.S. coastline, thousands of people still trying to fix their soaked and surf-battered homes are being stymied by bureaucracy, insurance...