Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Chief Risk Officer Named for The Navigators Group in Rye Brook, N.Y.
Jun 29 2012 // Rye Brook, N.Y.-based specialty insurer The Navigators Group appointed Jennifer Yang as chief risk officer. Yang will be responsible for oversight of enterprise risk management on a global basis, reporting to Ciro DeFalco,...
N.Y. Health Plans Continue as U.S. Supreme Court Upholds Obama Law
Jun 29 2012 // State health officials are moving forward with plans to establish an insurance exchange intended to extend coverage to some 2.7 million New Yorkers without it. In April, Gov. Andrew Cuomo issued an executive order to...
Zurich Appoints COO in N.Y. for Global Corporate in North America
Jun 29 2012 // Zurich’s Global Corporate in North America (GCiNA) appointed Brad Kass as chief operations officer, based in New York.Brad KassIn his new role, Kass will be responsible for overseeing the execution of GCiNA’s...
New York Top Court Rejects Claim From Bad Investment
Jun 28 2012 // New York’s top court has rejected a request by French investors to reinstate their lawsuit over losing $43 million out of $50 million they put into two structured investment vehicles. The investors claim Barclays...
ACE USA Names Senior VP of Distribution Management in New York
Jun 27 2012 // ACE USA, the U.S.-based retail operating division of the ACE Group, has appointed Teresa Black as senior vice president of distribution management. Black returns to ACE in this new role, and will work collaboratively with...
Boat Crash in N.Y. Highlights Dangers of Boating Under the Influence
Jun 27 2012 // A fatal boat crash off Long Island, New York, is prompting a safety initiative. The Coast Guard and local law enforcers are part of the renewed effort to target unsafe conditions for boaters and residents off the coast of...
XL Expands Technology Underwriting Staff in New York, Atlanta, Chicago
Jun 26 2012 // XL Group plc has expanded its technology underwriting capabilities in New York, Atlanta and Chicago, adding six underwriters to its U.S. cyberliability underwriting group and appointing a new vice president to its Select...
Ex-N.Y. Postal Worker Pleads Guilty to $18K Workers’ Comp Scam
Jun 22 2012 // Authorities said a former U.S. Postal Service employee has pleaded guilty to receiving over $18,000 in fraudulent workers’ comp benefits. The U.S. Attorney’s Office for Northern District of New York said Thomas...
N.Y. Marriage Equality Act Lawsuit Seeks Spousal Healthcare Benefits
Jun 21 2012 // A New York hospital worker and her spouse have filed a lawsuit, saying spousal health benefits were denied to the same-sex couple. The lawsuit filed Tuesday in federal court in Manhattan sought past and future health care...
Tropical Storm Irene’s Scars Healing in Adirondacks, Catskills in N.Y.
Jun 19 2012 // A replacement for one of the most well-traveled and iconic bridges in the Adirondack High Peaks was completed and opened to hikers Sunday as crews continue to repair backcountry trail damage from Tropical Storm Irene in...
Group Warns Bills Pending in N.Y. Could Make Workers’ Comp More Costly
Jun 18 2012 // A New York-based business association warns that two bills currently before the State Legislature could rollback cost savings created in the 2007 workers’ compensation reforms. According to The Business Council of...
Business Moves – East
Jun 18 2012 // American International Group AIG’s property/casualty division Chartis announced the launch of its hospitality and leisure industry practice group, which will provide specialized insurance and risk management products...
Insurance Industry Charitable Foundation Plans to Expand Its Charitable Services to Boston
Jun 18 2012 // The Insurance Industry Charitable Foundation (IICF) is planning to expand its volunteer and charitable services to the Boston and New England region. The foundation is holding an informational meeting in Boston on June 20...
NYC Faces Greatest Financial Risk From Storms: CoreLogic
Jun 18 2012 // When people think of hurricane damage they usually think of Miami or New Orleans, but a new report suggests the greatest financial risk of all may be much farther north: the greater New York City area. Data analysis firm...
Outlook Is Cautious As Some States See Major Construction Projects
Jun 18 2012 // Apartment Communities May Be Key to Revival The overall construction industry appears to be making a recovery, albeit, a very slow one. Industry watchers say the outlook is better for big utility and public works...
Facebook, Banks Want Shareholder Lawsuits in New York Court
Jun 15 2012 // Facebook Inc. and its lead underwriters Morgan Stanley, Goldman Sachs Group Inc. and JPMorgan Chase & Co. have requested that shareholder lawsuits over its $16 billion initial public offering be grouped together in...
Last Loans Used to Buy AIG, Bear Stearns Assets Repaid: Fed Reserve
Jun 15 2012 // The Federal Reserve Bank of New York said on Thursday the last of its loans made to acquire risky assets from AIG and Bear Stearns during the financial crisis have been paid off with interest. The Fed bank acquired the...
Upstate N.Y. Plant Hit With $233K in OSHA Fines
Jun 14 2012 // Federal workplace safety officials have hit a hair care manufacturer with fines of $233,000 for hazards at its upstate New York plant. The Occupational Safety and Health Administration says inspectors found 44 serious...
JetBlue Fliers File Suit in New York Over Pilot Scare
Jun 14 2012 // Ten passengers are suing JetBlue over a flight during which a pilot had to be physically restrained after screaming about religion and terrorism. They claim the airline was “grossly negligent” in allowing him...
N.Y. Orders ‘Force-Placed’ Insurers to Submit New Lower Rate Proposals
Jun 13 2012 // New York regulators said they have ordered three major insurers offering ‘force-placed’ homeowners insurance in New York to submit proposals for new premium rates.N.Y. Financial Services Superintendent Lawsky...
