Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Safeco Names Alexander Regional General Manager in California
Oct 1 2010 // Safeco Insurance has appointed Chris Alexander to regional general manager for its California region personal lines operation. Alexander will be based in Aliso Viejo, Calif., and comes to this position from New York, where...
New York Agents Group Praises Coastal Reform Plan
Oct 1 2010 // A key trade group for insurance agents in New York is lauding a proposal by regulators to reform the coastal homeowners insurance market in the state. The Independent Insurance Agents & Brokers of New York (IIABNY)...
C.V. Starr Opens Political Risk Department in New York
Sep 30 2010 // Starr Underwriting Agents Limited and Starr Specialty Lines Insurance Agency, LLC (“Starr Specialty”), both subsidiaries of C. V. Starr & Co., Inc., have recently expanded their geographic reach with the...
U.S. Expects Plan to End Government Ties to AIG By Next Week: Report
Sep 29 2010 // The Obama administration hopes to announce by next week a plan to end its support of insurance giant American International Group Inc., the New York Times reported Tuesday, quoting unnamed sources. That announcement would...
Starr Opens Political Risks Unit in New York
Sep 28 2010 // C.V. Starr & Co. said it has opened a Political Risks underwriting unit in New York City. Keith Dunford has been named underwriting manager for the unit, which will market Political Risks products as well as structured...
Judge Refuses to Dismiss Securities Fraud Lawsuit Against AIG
Sep 27 2010 // A judge refused to dismiss a securities fraud lawsuit accusing American International Group Inc. of misleading investors about its exposure to subprime mortgages, which led to a liquidity crisis and $182.3 billion of...
Insurers Blast New York Coastal Homeowners Insurance Reform Plan
Sep 27 2010 // Insurers are blasting a proposal by New York regulators to reform the state’s coastal homeowners insurance market, a plan one exec called “a solution in search of a problem.” “The insurance industry...
Geico Lawsuits Target New York No-Fault Fraud Schemes
Sep 27 2010 // Geico is seeking $9 million in damages in three fraud lawsuits alleging that a medical equipment supply supplier and its attorneys, a radiology practice in Brooklyn and a Queens medical facility submitted thousands of...
New York Looks to Reform Coastal Homeowners Insurance Market
Sep 23 2010 // New York insurance regulators are proposing a new set of consumer protection measures as part of a package of rules aimed at improving the availability and pricing of homeowners insurance in high-risk areas along the...
Guard Adds Two Field Reps in New Jersey and New York
Sep 23 2010 // Pennsylvania-based GUARD Insurance Group has bolstered its sales staff focusing on the New Jersey and New York. Gary May has been named senior field representative for New Jersey and southern New York. May brings over 25...
Bank Bailout Fraud On the Rise, Probes Continuing, Says TARP Cop
Sep 22 2010 // The top U.S. bailout cop said evidence of fraud among banks that sought taxpayer funds was on the rise, and some of his investigations involve amounts exceeding $550 million. Neil Barofsky, the special inspector general...
New York Insurance Exchange Plan Hinges on Industry Support
Sep 22 2010 // New York regulators say the plan to re-launch a Lloyd’s-style exchange in the city is forging ahead, but they’re looking to hand the reins to the insurance industry to take the lead in building it. The plan for...
New York Giants Sued by Woman Claiming Injury at ’09 Game
Sep 20 2010 // The New York Giants have been sued by a woman and her husband who claim she was attacked by fans during a New York Jets game played at Giants Stadium last year. Michelle Munoz says she attended the Sept. 20, 2009 game...
Suit Settled over Shock Therapy at Massachusetts School
Sep 17 2010 // The family of a former Massachusetts student who received electric shocks at a special needs school has agreed to receive $65,000 to settle a lawsuit claiming the treatment was inhumane and violated the student’s...
Griffey, Messier to Speak at Insurance Charitable Foundation Dinner
Sep 17 2010 // The Insurance Industry Charitable Foundation (IICF) revealed that its 2010 benefit dinner will feature presentations by two famous sports figures: Major League Baseball great Ken Griffey Jr. and hockey legend Mark...
New York Group Says No-Fault Fraud Problem Growing
Sep 16 2010 // A coalition of New York insurers says blaming medical mills are driving up the cost of auto insurance, a trend that amounts to a “no-fault automobile insurance fraud crisis” in the state. The New York Alliance...
US to Host Major Economies Climate Forum in New York
Sep 15 2010 // The United States will host a meeting of the world’s biggest economies in New York to discuss climate change on Monday and Tuesday [next week], the U.S. State Department said. The Major Economies Forum will bring...
Illinois Oil Pipeline Leak Stopped; Cleanup Under Way
Sep 15 2010 // Crews have removed a 12-foot section of pipe at the site of an oil spill outside Chicago that led to a spike in regional gasoline prices, but it could take weeks to clean up the contamination, federal officials...
New York Senator Proposes Bill Targeting Recalled Food
Sep 14 2010 // Senator Kirsten Gillibrand (D-N.Y.) is proposing a federal law that would force grocery stores to notify shoppers about food recalls. Gillibrand said Sunday that under her bill, stores that sell recalled food would be...
New York Indicts Seven for Workers’ Comp Fraud
Sep 10 2010 // New York investigators have arrested seven people for workers’ comp fraud as part of a three-county sweep in Upstate New York. In one instance, the investigators used surveillance video to record a Poughkeepsie man,...
