Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Financial Crisis Handing Spitzer Chance at Political Comeback: Author
Apr 20 2010 // The financial crisis and its aftermath may yet revive the political career of disgraced former New York Governor Eliot Spitzer, the author of a new book about Spitzer says. Other politicians might have been finished by the...
New York Agents’ Groups Join Forces to Fight Pay Disclosure Rules
Apr 20 2010 // The Independent Insurance Agents and Brokers of New York (IIABNY) and the Council of Insurance Brokers of Greater New York (CIBGNY) say they will team up to sue the state over new rules that will require agents to disclose...
People
Apr 19 2010 // New York-based insurance brokerage and risk management firm Integro has hired Robert H. Easton as deputy general counsel and chief compliance officer. Easton most recently served as deputy superintendent and general...
Sweethearts in Crime: Rise in Married Couples in Securities Fraud
Apr 16 2010 // Jeffery Stone and his wife Janette Diller Stone, one-time operators of a now-defunct New York investment firm called Crescent Fund, are not on any government most wanted list. And they aren’t exactly hiding, either....
New York City Agents Vow Suit over Compensation Rules
Apr 16 2010 // A trade group for New York City insurance agents says it is launching a legal challenge against the state’s insurance department over new rules that would require agents to disclose their pay to customers. Directors...
Baldwin Named Assistant Vice President for PCI
Apr 16 2010 // The Property Casualty Insurers Association of America has hired Kristina Baldwin as assistant vice president, state government relations. She will assume responsibility for state government relations activities in New York...
AmWINS CEO DeCarlo on Colemont Merger, Texas and Going Global
Apr 14 2010 // The acquisition of wholesale insurance broker Colemont Insurance Brokers by its competitor AmWINS Group gives AmWINS entry into international markets for the first time and a bigger presence in Texas, where Colemont is...
Greenberg Seeks Dismissal of New York AG’s Reinsurance Case
Apr 13 2010 // Former American International Group Inc. Chief Executive Maurice “Hank” Greenberg has asked a judge to dismiss a civil fraud lawsuit brought by New York’s attorney general, who is seeking to hold him...
New York Man Charged in No-Fault Fraud Scheme
Apr 13 2010 // An upstate New York man has been charged with fraudulently collecting $6,000 in no-fault lost wage benefits, the New York State Insurance Department said. State police arrested Daniel J. Weisenburger, of Rome, following an...
Schwartzman Promoted to First Deputy Superintendent in New York
Apr 9 2010 // Martin A. Schwartzman has been named first deputy superintendent of the New York State Insurance Department, making him second in command of the department. In February, he was named deputy superintendent for strategic...
ACE Global Markets Makes Trade Credit Appointments
Apr 7 2010 // ACE Global Markets made several key appointments to its Trade Credit teams in London and New York. Stuart James has been appointed head of Trade Credit based in London, effective June 1. He will be responsible the...
New York Agents’ Group Declines to Join Lawsuit Against State over Pay Rules
Apr 5 2010 // A schism is emerging between New York’s trade groups for insurance agents over how best to challenge rules requiring agents to reveal their pay. The Professional Insurance Agents of New York (PIANY) says it will not...
Ex-New York City Crane Inspector Admits Taking Bribes
Apr 5 2010 // New York City’s former chief crane inspector admitted taking more than $10,000 in payoffs to fake inspection and crane operator licensing exam results, selling out a 26-year career bit by bit over nearly a...
Easton Named Compliance Officer at Integro in New York
Apr 5 2010 // New York-based insurance brokerage and risk management firm Integro has hired Robert H. Easton as deputy general counsel and chief compliance officer Easton who will join Integro on April 19, most recently served as deputy...
Marsh Refuses to Accept Contingent Commissions
Apr 5 2010 // Insurance broker Marsh says its main brokerage unit will not accept contingent commissions on business for U.S. or Canadian clients but its Marsh & McLennan Agency and its affinity and personal lines business units...
Federal Reserve Discloses Toxic Assets It Bought to Rescue Banks, AIG
Apr 2 2010 // After two years of secrecy, the Federal Reserve Bank of New York is disclosing key details about billions of dollars of risky investments it bought while rescuing insurance giant American International Group Inc. and...
Lawsuit Alleging AIG Executives Ignored ‘Red Flags’ Dismissed
Mar 31 2010 // A Manhattan federal judge dismissed a shareholder lawsuit accusing current and former American International Group Inc. executives and directors of ignoring “red flags,” leading to the insurer’s near...
New York Police Arrest Man in Phantom Insurance Claim Scheme
Mar 30 2010 // Authorities in Upstate New York have arrested a man they say used a phony bank account to buy insurance on a home he didn’t own so he could cash in on property losses that didn’t occur. Buffalo police arrested...
Should Florida Follow New York and Revive Its Surplus Lines Exchange?
Mar 30 2010 // New York regulators are pursuing a reincarnation of the New York Insurance Exchange, a Lloyd’s of London-style insurance market that lasted for several years the last time it was tried. New York Insurance...
New York City Suspends Operator’s License After Crane Strike
Mar 30 2010 // The operator of a crane that tilted and hit a 25-story building near Wall Street, sending debris plummeting to the ground and causing several evacuations, had his license suspended Sunday because he didn’t secure the...
