Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New York’s Holborn Corp. Names Pierson Senior Production Officer
Oct 9 2012 // Holborn Corporation, a reinsurance intermediary based in New York, announced that Executive Vice President Frank D. Pierson has assumed the additional title of chief production officer. Frank D. Pierson In his expanded...
Willis North America Appoints 2 Executives in New York
Oct 9 2012 // Willis North America, a unit of global insurance brokerage Willis Group Holdings, announced two executive appointments in the New York region. Willis is a leading insurance broker that provides risk management and employee...
N.Y. Court: WC Insurer Can Get Credit Against Rape Victim’s Settlement
Oct 8 2012 // A New York court recently ruled that a workers’ comp insurer can take a credit against its claimant’s third-party civil settlement money. The case involves Beth V., who was employed at a juvenile detention...
Wine Investor Koch Loses Claim Against New York Auction House
Oct 8 2012 // A billionaire wine investor waited too long to file a lawsuit that claimed a New York auction house misrepresented a Bordeaux as belonging to Thomas Jefferson. A three-judge federal panel issued the ruling last Thursday....
Court Rules New York Shooting Victim Can Sue Gun Maker
Oct 8 2012 // A Buffalo man who was shot nearly a decade ago can sue the manufacturer, the distributor and the dealer of the semi-automatic pistol used to shoot him, a New York state appeals court ruled on Friday. Attorneys for Daniel...
Court Grants Injunction in Aon, Alliant Employee Poaching Case
Oct 8 2012 // A New York court on Sept. 20 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...
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,...
