Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New York State Hands Out $16M in Flood Control Grants
Jul 16 2012 // New York Gov. Andrew Cuomo says the state will give $16 million in grants to communities hit by last year’s damaging storms. The state originally planned to distribute $9 million to 23 counties. But it has come up...
N.Y. Issued 20,958 Tickets for Texting While Driving During Past Year
Jul 13 2012 // New York Gov. Andrew Cuomo on Thursday marked the one year anniversary of the state’s strict law to prevent distracted driving. Gov. Cuomo says the new law has helped law enforcement authorities crack down hard on...
Buffalo Region Has Highest Auto Theft Rate in New York State: Report
Jul 12 2012 // The New York Insurance Association said Thursday the Buffalo-Niagara Falls metropolitan area has the highest vehicle theft rate in New York State. The region had a vehicle theft rate of 161.19 thefts per 100,000...
FBI, N.Y. Police Work to Retrieve Boat Where 3 Died
Jul 11 2012 // FBI divers and police officials in New York are working to retrieve a yacht that capsized and sank, killing three children. The 34-foot Kandi Won is about 60 feet below the surface, off the north shore of Long Island. It...
Allied World U.S. Launches Construction Casualty Unit in New York
Jul 11 2012 // Switzerland-headquartered Allied World Assurance Company Holdings AG has expanded its U.S. casualty operations with the launch of a new construction casualty division. The new division will be run from Allied’s New...
Chubb, Willis Executives Join Aon Risk Solutions in New York
Jul 11 2012 // Aon Risk Solutions, the global risk management business of Aon plc, recently hired Edward Reilly and Joseph Russo as senior vice presidents in the construction services group. Edward Reilly, left, and Joseph Russo recently...
N.Y.-Based Navigators Taps Zurich Exec to Lead Its Underwriting Agency
Jul 10 2012 // Rye Brook, N.Y.-based specialty insurer The Navigators Group has appointed Vincent Tizzio as president and CEO of Navigators Management Company Inc., its principal U.S. underwriting agency subsidiary. Vincent Tizzio He...
3 Dead, 24 Rescued After Yacht Capsizes Off New York’s Long Island
Jul 6 2012 // The man operating a yacht full of fireworks-watchers that capsized off New York’s Long Island on the Fourth of July, killing three children, said Thursday the vessel was slammed by a wave. Sal Aurelino told...
N.Y. Regulator Seeks Insurer Data in 9/11 Case
Jul 5 2012 // New York’s top insurance regulator has directed insurers to detail payouts and reserves for claims in the 2001 World Trade Center attacks in an effort to prompt settlement of the decade-old federal case. Benjamin...
N.Y. Judge: Aon’s Poaching Suit Against Alliant Can Proceed
Jul 3 2012 // A New York court ruled last week that Aon Risk Services Northeast can proceed with its lawsuit against California-based Alliant Insurance Services involving employment covenants. Aon alleged that several of its former...
N.Y. to Hold Flood Insurance Adjuster Certification Class on July 17
Jul 3 2012 // New York will be offering its annual training session this month for property/casualty insurance adjusters who want to seek or maintain certification so they can conduct adjuster services for claims filed under National...
Marsh & McLenna Announces Promotion in Oliver Wyman Division in N.Y.
Jul 2 2012 // New York-headquartered Marsh & McLennan Companies Inc., has promoted Paula McGlarry to general counsel of Oliver Wyman Group, the company’s management consulting subsidiary. McGlarry also joins the Oliver Wyman...
Business Moves – East
Jul 2 2012 // USI, Lynch, Beretta and Bucci USI Insurance Services completed the acquisition of Lynch, Beretta and Bucci Insurance, a Pawtucket, R.I.-based P/C insurance agency that specializes in a wide range of personal lines,...
People – East
Jul 2 2012 // New Jersey Manufacturers Insurance Company has promoted Treasurer Charles Prall to chief financial officer. He will also serve on the insurer’s board of directors. Being named to the CFO position is an enhancement of...
Force-Placed Insurers to Submit Lower Rates in N.Y.
Jul 2 2012 // New York regulators have ordered three major insurers offering “force-placed” homeowners insurance in New York to submit proposals for new premium rates. The state’s Department of Financial Services (DFS)...
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 Kass In 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...
