Latest New York Headlines

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

Fracking in N.Y.? Fugetaboutit!

Oct 8 2012 // Hydrofracking has become a hot-button issue in New York State. Government agencies have been researching for the past four years the potential environmental impact of permitting hydrofracking in Marcellus Shale, which is...

People – East

Oct 8 2012 // Marsh & McLennan Cos. announced Brian Duperreault will retire as the company’s president and chief executive officer at the year’s end. Daniel S. Glaser, currently the company’s group president and...

Facebook IPO Lawsuits to Be Heard in Court in New York

Oct 5 2012 // Dozens of lawsuits against Facebook Inc., the NASDAQ exchange and various underwriters will be centralized before a federal judge in New York, who must sort through the legal aftermath of Facebook’s botched initial...

Marsh Executive Stein Moves to Aon Risk Solutions in New York

Oct 3 2012 // Aon Risk Solutions, the global risk management business of Aon plc, appointed Robert Stein as U.S. middle market chief broking officer. He is based in New York City. In this new position, Stein will oversee implementation...

New York’s Fraud Suit Against JPMorgan May Aid Private Lawsuits

Oct 3 2012 // New York state’s lawsuit against JPMorgan Chase & Co. alleging fraud in mortgage-backed securities sold by Bear Stearns may be one of the broadest cases to come out of the financial crisis, but its impact is...

Ryan Specialty Group Acquires Atlantic Star Intermediaries in New York

Oct 2 2012 // Chicago-based Ryan Specialty Group L.L.C. announced Monday that its wholesale arm R-T Specialty L.L.C. has acquired assets and operations of Atlantic Star Intermediaries L.L.C. Terms of the transaction were not...

How Dangerous Is Distracted Walking? N.Y. Transport Chief Weighs In

Oct 2 2012 // New York City saw a rise in the citywide traffic fatality figure for the last fiscal year that ended June 30. What could be causing this increase? The city’s transportation commissioner suggests pedestrians...

N.Y.-Based Claims Management Company Invision Names Randazzo President

Sep 28 2012 // Invision, a national claims management company providing third party administration, claims auditing and other services, recently appointed Richard G. Randazzo as its new president. Randazzo brings three decades of...

M&A Inks Partnership Deal With Maestro Specialty in N.Y.

Sep 25 2012 // Merger & Acquisition Services Inc. (M&A), an investment, advisory and financial services firm to the re/insurance industry, announced a marketing partnership agreement with Maestro Specialty Corporation in New...

N.Y. Court Grants Injunction in Aon, Alliant Employee Poaching Case

Sep 24 2012 // A New York court last week granted a new injunction in the ongoing legal fight between Aon and Alliant Insurance Services over alleged poaching of senior executives. The Supreme Court of the State of New York enjoined...

New York Inmates Sue for Dental Floss and $500 Million

Sep 24 2012 // Some jail inmates are trying to put a $500 million bite on a suburban New York county in a lawsuit demanding access to dental floss. Eleven inmates in the Westchester County jail in Valhalla say in a federal civil rights...

Business Moves – East

Sep 24 2012 // Cook, Hall & Hyde, Maran Corp. Risk Two brokerages in the Metro New York region — Cook, Hall & Hyde and Maran Corporate Risk Associates — announced their intention to enter into a merger agreement. Cook, Hall...

N.Y. WC Assessments Remain Highest in Nation

Sep 24 2012 // A surcharge added to workers’ compensation costs for all New York State employers remain the nation’s highest, according to a new report. It is nearly five times the average of the same surcharge imposed in...

Facebook IPO Lawsuits Likely to Be Heard by New York Judge

Sep 21 2012 // Facebook Inc. and most of its adversaries in a raft of lawsuits over its $16 billion initial public offering can agree on at least one thing: that the cases should be heard in a New York court. At a hearing on Thursday,...

Gates, Buffett Still Top of Forbes List of Richest Americans

Sep 20 2012 // The net worth of the richest Americans grew by 13 percent in the past year to $1.7 trillion, Forbes magazine said on Wednesday, and a familiar cast populated the top of the annual list, including Bill Gates, Warren...

Aon Construction Services Exec Moves to Sterling & Sterling in N.Y.

Sep 19 2012 // Woodbury, N.Y.-based brokerage Sterling & Sterling Inc. appointed Doreen DiCicco as senior vice president within its newly created Sterling Construction Services of New York. In her new role, DiCicco will report...

SIAA Adds Agencies in Pennsylvania, New York

Sep 17 2012 // The Strategic Insurance Agency Alliance (SIAA), a national alliance of over 4,000 independent insurance agencies, said four new agency members signed up in the Northeast region last month. The new members are: Capital...

N.Y. Workers’ Comp Assessments Remain Highest in Nation: Report

Sep 14 2012 // A surcharge added to workers’ compensation costs for all New York State employers remain the nation’s highest, according to a new report. It is nearly five times the average of the same surcharge imposed in...

PIANY Elects New Officers, Board Directors for 2012-13

Sep 13 2012 // The Professional Insurance Agents of New York State Inc. elected new officers and board directors for the 2012-2013 administrative year at its annual business meeting on Sept. 9. • Michael Skeele of DeRuyter, N.Y., was...

BDO USA Hires Assurance Partner for Insurance Clients in New York

Sep 13 2012 // Financial services firm BDO USA, LLP appointed John Green as assurance partner in the Metro New York insurance industry practice.John GreenIn his new role, Green will be responsible for business development and overseeing...