Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
N.Y. Firm Unlawfully Fired Worker for Facebook Postings
Oct 3 2011 // In the first ruling of its kind, a National Labor Relations Board administrative law judge has found that a Buffalo, N.Y.-based non-profit organization unlawfully discharged five workers after they posted comments on...
People
Oct 3 2011 // Johnston, R.I.-based business property insurer FM Global said Vice Chairman Ruud Bosman will retire in November after 40 years with the company. The retiring Bosman joined FM Global in 1971 and was elected to its board of...
New York Law Requires Risk Reports by Group Homes
Sep 30 2011 // New York Gov. Andrew Cuomo has signed a law requiring that group homes and other private facilities licensed by the state to house juvenile delinquents assess workplace safety, record violent incidents and take preventive...
Judge Lets Agent Orange Case Against Monsanto Proceed
Sep 29 2011 // Monsanto Co. has lost a bid to close part of a lawsuit alleging the company caused health injuries to residents living near a plant that made the Vietnam War-era U.S. military defoliant “Agent...
N.Y. Official Says Alleged Insurance Scam Artist Caught
Sep 29 2011 // New York Attorney General Eric Schneiderman announced the arrest of an alleged scam artist, Arthur Bogoraz, who officials contend devised a massive scheme to defraud insurance companies out of millions of dollars. Bogoraz...
Port Authority Cleared of Negligence Claims in ’93 WTC Bombing
Sep 28 2011 // Last week, New York State’s high court cleared Port Authority of New York and New Jersey of negligence claims in the 1993 World Trade Center parking garage bombing. The Sept. 22 ruling reverses lower courts’...
Judge Narrows $1B Madoff Case vs. N.Y. Mets Owners
Sep 28 2011 // A federal judge narrowed a $1 billion lawsuit against owners of the New York Mets baseball team by the trustee seeking money for Bernard Madoff’s victims, and cast skepticism on how much might ultimately be...
Citing Scope of 9/11, N.Y. Judge Tosses WTC Suit
Sep 26 2011 // In tossing out a negligence lawsuit, a judge last Friday cited the “strange, improbable” events that destroyed a 47-story World Trade Center building a decade ago on Sept. 11, several hours after the 110-story...
Warning: Insecticides Can Be More Dangerous Than Bedbugs
Sep 26 2011 // Bedbugs don’t make people sick. But the poisons used to kill them can. A new government study has found that dozens of Americans have fallen ill from the insecticides, and a North Carolina woman died after using 18...
Former Head of Liberty Title in N.Y. Sentenced to 20 Months in Prison
Sep 26 2011 // Former president and co-founder of title insurance agency Liberty Title, Brian Madden, has been sentenced to 20 months in prison for misappropriating and embezzling escrow and other client funds from Liberty Title and two...
Insurance Journal Names Ha as East Editor
Sep 26 2011 // Wells Publishing Inc. has named Young Ha as its new East editor for its flagship Insurance Journal online and print property/casualty insurance publications. Ha, based in New York, will cover the Northeast and Mid-Atlantic...
Politicians, Investors Worry Over Shrinking Middle Class, Role of Social Media
Sep 22 2011 // The rising gap between rich and poor in nearly every country, rich or poor, went largely ignored during the decades of globalization-fueled boom. But with large parts of the world in financial crisis, ending the time when...
Ratings Roundup: Dryden Mutual, Western Ins., Ally Ins., FHM
Sep 21 2011 // A.M. Best Co. has upgraded the issuer credit rating to ‘a+’ from ‘a’ and affirmed the financial strength rating of ‘A’ (Excellent) of New York-based Dryden Mutual Insurance Company, both...
Virginia-based Hilb Group Expands in New York State
Sep 21 2011 // The Hilb Group, a Glen Allen, Va.-based holding company that focuses on acquiring mid-market agencies, is further expanding in New York State. The company opened a new office in Rochester and also expanded an existing...
U.S. RE Executive Joins N.Y. Reinsurance Broker Holborn
Sep 21 2011 // Independent reinsurance broker Holborn Corp. has appointed Arthur Dougherty as a senior vice president in the firm’s New York City headquarters. Dougherty is an industry veteran, having worked more than three decades...
‘Hank’ Greenberg to Host Fundraiser for Republican Candidate Perry
Sep 20 2011 // C. V. Starr & Co. Inc. Chairman and CEO Maurice “Hank” Greenberg is scheduled to host a fundraising event in New York on Tuesday, Sept. 20, for Texas Gov. Rick Perry. Perry is one of the leading Republican...
Irene Raises Hurricane Deductible Questions in Northeast States
Sep 19 2011 // New York and New Jersey regulators said recently that hurricane deductibles should not apply on homeowners’ insurance policies for Irene damages in their states. That’s because Irene was downgraded and...
People
Sep 19 2011 // XL Insurance has made six key appointments to its North America Construction team. The latest additions to XL Insurance’s North America construction team include: Lawrence Lejfer — Vice president and senior...
Push to Reverse New York’s Workers’ Comp Guidelines
Sep 19 2011 // New York chiropractors don’t like the new medical treatment guidelines adopted last December by the New York State Workers’ Compensation Board. These changes focus on the treatment for the mid- and low-back,...
Business Moves
Sep 19 2011 // OneBeacon, Interboro OneBeacon Insurance Group said it is selling its high risk personal auto insurance business, AutoOne, to Interboro Holdings Inc. of New York. AutoOne, formed in 2001, serves the automobile assigned...
