Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New York May Sue Accountant Over Lehman Collapse
Dec 21 2010 // A possible civil fraud case against Ernst & Young LLC over its role in the collapse of Lehman Brothers could be the biggest government attack on an accounting firm since the collapse of Arthur Andersen over the Enron...
U.S. Treasury’s AIG Fix-It Man Ready for Next Assignment
Dec 21 2010 // Jim Millstein is no stranger to troubled companies. With a long career as a bankruptcy lawyer and former head of Lazard Ltd’s restructuring practice, he’s done his share of turnarounds. But nothing prepared him...
New York Says Village Endangered Workers Before Deaths
Dec 20 2010 // The state says a New York City suburb endangered two employees who suffocated in a manhole by not providing proper training or equipment. The village of Tarrytown was issued four violations of safety laws. Two were...
Federal Tax Case Leads to Workers’ Comp Fraud Charges in New York
Dec 15 2010 // A federal tax fraud case against a Bronx tax preparer touched off a workers’ comp fraud case against the woman who is now charged with wrongly collecting over $135,000 in benefits, officials said. Rosa Rivera has...
XL Makes New Appointments to Construction Practice
Dec 14 2010 // Insurer XL has made eight new appointments to its North American Construction team. Gregory P. McKiernan will serve as senior vice president of Construction Primary Casualty, based in New York. He most recently served as...
Insurance, Sports Pros Gather at Tri-State Charitable Foundation Dinner
Dec 9 2010 // More than 800 insurance professionals from the tri-state area and two All-Star athletes channeled their competitive energies last night to raise $1.1 million for charities. The New York division of the Insurance Industry...
Brown & Brown Acquires Ladd’s Agency
Dec 9 2010 // Insurance broker Brown & Brown has acquired the assets of Ladd’s Agency, an Upstate New York-based insurance agency owned by Alliance Financial Corp. Ladd’s, with annual revenue of roughly $1.4 million, has...
New York Prosecutor Faces $75M Defamation Suit
Dec 8 2010 // An upstate New York prosecutor who charged a Florida pharmacy in 2007 with selling anabolic steroids to pro athletes and entertainers is being sued for $75 million by the pharmacists, who claim defamation and false arrest...
Ex-Superintendent Dinallo Joins New York Law Firm
Dec 6 2010 // Eric Dinallo, former superintendent of the New York Insurance Department, is joining the law firm Debevoise & Plimpton as a partner. Dinallo, who lost the state democratic primary nomination for attorney general...
People
Dec 5 2010 // Massachusetts agency Provider Insurance has hired Sharon Cardoso as personal lines account manager. She will be responsible for acquiring new clients and expanding existing client accounts in the personal lines division...
New York Agents Lose Court Battle over Compensation Disclosure
Dec 5 2010 // New York agents failed to make their case that insurance regulators cannot require agents and brokers to disclose their commissions, a Supreme Court judge has ruled. That decision by Supreme Court Justice Richard M....
New York Eases Some Workers’ Compensation Policy Rules
Dec 5 2010 // New York has eased some workers’ compensation insurance requirements for out-of-state businesses that do only occasional, non-construction work in the Empire State. The rule change comes after years of lobbying by...
People
Dec 5 2010 // Aon Corp. reported that Andrew Appel, the firm’s chief operating officer, will be leaving the company at the end of the year. The company said there are no plans to fill the position upon Appel’s...
New York Plans to Reduce Red Tape in Insurance Filings
Dec 3 2010 // The New York Insurance Department said it implement recommendations aimed at streamlining and improving the process for insurers to file their rates and forms with regulators. The recommendation comes from a new report by...
New York Dinner for Insurance Charitable Fund Tops $1 Million
Dec 1 2010 // The Insurance Industry Charitable Foundation (IICF) New York division has surpassed the $1 million mark for ticket sales for its 2010 benefit dinner, which will be held Wednesday Dec. 8, 2010, at the Waldorf-Astoria Hotel...
AXA Sues ING in New York over 2008 Mexican Insurance Sale
Nov 30 2010 // A unit of French insurer AXA has sued an arm of Dutch insurer ING in New York state court, alleging ING misrepresented the financial health of a Mexican insurance company it sold to AXA in 2008. AXA said it has suffered...
New York Eases Some Workers’ Compensation Policy Rules
Nov 30 2010 // New York has eased some workers’ compensation insurance requirements for out-of-state businesses that do only occasional, non-construction work in the Empire State. The rule change comes after years of lobbying by...
High Court Sides with New York City Police in 2005 Shootout
Nov 30 2010 // New York City police officers were justified in shooting at an armed suspect on a Harlem street in 2005, a shootout that injured a mother and daughter playing nearby, New York’s highest court ruled. The officers had...
Hate Crime Victim’s Estate Sues New York Authorities
Nov 24 2010 // The estate of an Ecuadorean immigrant has filed a $40 million civil rights lawsuit that blames police inaction over prior violence for the man’s stabbing death during a confrontation with a mob of teens who had made...
New York Agents Lose Court Battle over Compensation Disclosure
Nov 22 2010 // New York agents failed to make their case that insurance regulators cannot require agents and brokers to disclose their commissions, a Supreme Court judge has ruled. That just-released decision by Supreme Court Justice...
