Latest New York Headlines

All the headlines from our New York Topic Page, ordered by recency.

A Year After Sandy, a Slow Recovery for Thousands

Oct 24 2013 // A year after Superstorm Sandy catastrophically flooded hundreds of miles of eastern U.S. coastline, thousands of people still trying to fix their soaked and surf-battered homes are being stymied by bureaucracy, insurance...

USI Insurance Appoints Senior Vice President in New York Metro Office

Oct 21 2013 // USI Insurance Services has appointed Brian Golick as senior vice president. He is based in USI’s New York metropolitan office. Golick brings 25 years experience in employee benefits, sales, insurance account...

New York-Based Southport Re Appoints COO

Oct 21 2013 // Southport Lane, a New York-based private equity firm, announced that Brandon Young has been appointed chief operating officer of its reinsurance holding company Southport Re and senior vice president of Southport Lane. In...

ACE Appoints Senior VP for ACE USA Surety Unit in New York

Oct 21 2013 // ACE USA, the U.S.-based retail operations of the ACE Group, appointed Teresa Black to the newly created role of senior vice president and chief operating officer for the ACE USA Surety unit. Black, who most recently served...

Study: Due to Rising Sea Levels, Small Storms Could Produce Significant Flooding

Oct 21 2013 // Almost a year after Superstorm Sandy, parts of New York and New Jersey are still recovering from billions of dollars in flood damage. And a new study says that in the future, storms smaller than Sandy may be able to...

New York’s Top Court Clarifies Vandalism Insurance

Oct 21 2013 // The top New York court says property insurance against vandalism includes coverage for malicious damage that isn’t specifically aimed at the insured property. The ruling comes from a claim by Georgitsi Realty, owner...

States Going After Employers Who Misclassify Workers as Independent Contractors

Oct 18 2013 // When construction slowed during the recession, some companies hired workers and wrongly designated them as independent contractors to avoid paying insurance, taxes, fair wages and overtime. Danny Odom, chief operating...

Geithner Rejects Greenberg Bid for Draft of Book on AIG Bailout

Oct 17 2013 // Former Treasury Secretary Timothy Geithner joined the Federal Reserve Bank of New York in declining to give drafts of a book he’s writing to Maurice “Hank” Greenberg for Greenberg’s lawsuit...

Ex-Players Oppose NFL Image Rights Settlement

Oct 17 2013 // Years away from the field, former National Football League players including Jim Brown, Preston Pearson and Reggie Rucker are set to clash in court with retirees Mark Gastineau, Dan Pastorini, Dave Casper and others. At...

N.Y.-Based Vanderbilt Properties Insurance Brokerage Names CEO

Oct 17 2013 // Vanderbilt Properties Insurance Brokerage and Risk Management LLC, a New York-based specialist in insurance program administration for the real estate industry, promoted Alnoor S. Ladha to president and chief executive...

A.M. Best, Fitch Explain Recent Downgrades of Tower Group

Oct 16 2013 // Rating agencies have downgraded Tower Group following the insurer’s announcement of loss reserve and goodwill charges in excess of what was expected. Tower has said that the company’s board of directors is...

Hiscox Appoints General Liability Underwriting Leader in New York

Oct 16 2013 // Hiscox, the international specialist insurer, today announced that Angela Adams has been appointed as vice president, general liability underwriting leader, for Hiscox USA based out of the company’s New York...

New York City Buys 1st Superstorm Sandy-Damaged Home

Oct 14 2013 // New York City announced its first purchase of a home damaged by Superstorm Sandy on Oct. 10, acquiring property from a Staten Island woman whose husband and daughter were killed during the historic storm. Mayor Michael...

Judge Temporarily Halts New York AG Suit Against Greenberg

Oct 11 2013 // Former American International Group (AIG) Chief Executive Maurice “Hank” Greenberg on Thursday won a short reprieve from New York’s case accusing him of orchestrating sham transactions at AIG. State...

AIG Sued by Small Businesses Over Workers’ Compensation Reporting

Oct 10 2013 // Class action lawsuits in federal courts on both coasts have been initiated on behalf of small businesses in California, New York and New Jersey against American International Group (AIG) over workers’ compensation...

N.Y. Reports 40,000 Enrolled in State’s Health Care Marketplace During First Week

Oct 10 2013 // New York State officials say 40,000 New Yorkers have signed up for health insurance in the first week of operation for the new state-run marketplace that includes low-cost plans. The NY State of Health says its website has...

After Superstorm Sandy, Some New York Artists Struggle to Come Back

Oct 10 2013 // When Superstorm Sandy slammed into New York City last October, much of abstract painter Ronnie Landfield’s life’s work lay submerged under 28 inches of water in his Manhattan studio, where he had lived and...

NYC Mayor Warns Government Shutdown Could Delay Aid for Sandy Victims

Oct 8 2013 // A continuing federal government shutdown could delay distributing federal aid to Hurricane Sandy victims, New York City Mayor Michael Bloomberg warned. Mayor Bloomberg said during his Oct. 6 radio address that it has...

New York Bans Fund Manager Falcone From Insurance Unit

Oct 7 2013 // Hedge fund manager Philip Falcone, banned from the securities industry for five years by U.S. regulators, is also being banned for seven years from decision-making roles at Fidelity & Guaranty Life Insurance, a unit...

NYC Marathon Balances Security Worries Post-Boston

Oct 7 2013 // The New York City Marathon’s finish area will again fill with spectators, some carrying bags. More bomb-sniffing dogs also will be roaming around. Less than seven months after the attack on the Boston Marathon,...