Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Sandy Victims Get 6 More Months to File FEMA Doc
Oct 3 2013 // Victims of Superstorm Sandy still fighting for a bigger insurance payment from the companies that administer the federal flood insurance program are getting a six-month extension to file critical paperwork. The Federal...
New Law: New York Considers First Tornado Warning System
Oct 2 2013 // New York is looking into creating its first statewide early warning system for tornadoes. A bill signed into law by Gov. Andrew Cuomo directs a review into the feasibility of installing a system. The system could involve...
Obamacare Day 1: Exchanges Struggled With High Demand; Fixes Promised
Oct 1 2013 // The Obamacare insurance exchanges struggled to handle a flood of consumer interest that closed the U.S. website for much of the day, and caused start up delays for most of the marketplaces run by the states. In New York,...
Judge Again Refuses to Exit New York AG’s Suit Against Greenberg
Oct 1 2013 // Former AIG Inc. Chairman Maurice “Hank” Greenberg lost a second bid to have a judge remove himself from an eight-year-old lawsuit brought by the New York attorney general’s office. Greenberg in July asked...
New York’s Lawsky Sees Obamacare as Model to Simplify Home Insurance
Oct 1 2013 // Homeowners’ insurance needs to be more standardized because customers are confused about what their policies protect, New York’s financial regulator said. Few fully understand all the complexities of their...
New York to Compensate Storm Victims for NFIP’s ‘Earth Movement’ Exclusion
Sep 30 2013 // New York will use part of its share of billions of dollars in federal Superstorm Sandy aid to “fully compensate” storm victims who had flood insurance claims denied because of a hard-to-understand rule barring...
Insurance Law, Regulation – Jim Wrynn’s Experience Covers It All
Sep 29 2013 // James J. Wrynn, Esq. served as New York’s Superintendent of Insurance from 2009 to 2012, when he joined the law firm of Goldberg Segalla LLP, which specializes in insurance law. His knowledge and experience are both...
New York Unveils Plan for ‘Texting Zones’ for Distracted Motorists
Sep 27 2013 // New York Gov. Andrew Cuomo this week continued the state’s efforts to reduce distracted driving by unveiling special “Texting Zones” along the New York State thruway and state highways that will give...
Quiet Atlantic Storm Season Humbles Forecasters
Sep 25 2013 // The 2013 Atlantic hurricane season is humbling forecasters by shaping up as the first in almost two decades without a major storm, confounding predictions that it would be more active than normal. It’s been two weeks...
FEMA Approved Over $1B in Assistance to Individuals, Families in N.Y. After Sandy
Sep 24 2013 // The Federal Emergency Management Agency announced this week that it has approved more than $1 billion in assistance to individuals and families in New York whose property was damaged or destroyed by Superstorm Sandy. This...
People – East
Sep 23 2013 // Selective Insurance Group in Branchville, N.J., selected John Marchioni as president and chief operating officer. Gregory Murphy, who remains chairman and chief executive officer, previously held the president...
Critics Say It’s Time for N.Y. to End 1885 Scaffold Law
Sep 23 2013 // Years before skyscrapers, when New York City’s tallest building was still the 281-foot spire of Wall Street’s historic Trinity Church, state lawmakers passed the Scaffold Law, which made property owners and...
Report: Traffic Accidents, Fatal Fires Down in New York City
Sep 22 2013 // New York City’s annual report card says the number of residents killed in traffic accidents plunged considerably over the last year. Mayor Michael Bloomberg’s management report said on Sept. 20 that in the...
N.Y. Proposes Sweeping Rules to Reform ‘Force-Placed’ Insurance Business
Sep 19 2013 // New York State officials today proposed a comprehensive set of rules to reform the “force-placed” — also known as “lender-placed” or “creditor-placed” — insurance industry in...
MetLife Says Regulators May Miss Key Insurer Risks with Focus on Bank Rules
Sep 19 2013 // Federal regulators may miss important threats to the financial stability of U.S. insurers by focusing on bank risks, MetLife Inc. Chief Financial Officer John Hele said. “Bank rules overlook key insurance...
State Insurance Regulators Invoke Jefferson to Limit Federal Role
Sep 18 2013 // State insurance regulators are drawing on the country’s founding principles as they resist international pressure to give the federal government a greater role in overseeing the industry. Ben Nelson, chief executive...
For Small Companies in New York, Health Care Law Raises Questions
Sep 16 2013 // Restaurant owners Colleen and Tim Holmes were considering opening a third business in a growing upstate New York suburb but decided against it. One factor was the risk from expanding their staff beyond 50 full-time...
Global Insurance Co. Expands Taxi, Para-Transit Coverage to Texas
Sep 13 2013 // Global Liberty Insurance Co. of New York, a specialty underwriter of limousine, executive car service, taxi and para-transit, will start accepting risks in Texas starting in October. The addition of the state represents...
AIG, Lincoln Among Insurers Said Pushed by N.Y. on Universal Life Product Reserves
Sep 12 2013 // New York State’s financial-services regulator is pressing insurers including American International Group Inc., Lincoln National Corp. and Principal Financial Group Inc. to boost reserves at units in the state, a...
Berkshire Hathaway Specialty Names VP of Claims, Executive & Professional Lines
Sep 12 2013 // Berkshire Hathaway Specialty Insurance — the recently launched commercial P/C insurance unit of Berkshire Hathaway — continues to boost its team roster. This week it announced the appointment of Todd Greeley as...
