Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
‘God Bless America’: Red Sox Fan Settles Lawsuit with Yankees
Jul 10 2009 // A baseball fan has settled a lawsuit that claimed he was kicked out of Yankee Stadium by a police officer because he left his seat to use the bathroom during the playing of “God Bless America.” Boston Red Sox...
New York Eases Compensation Disclosure Mandate for Producers
Jul 10 2009 // The New York State Insurance Department this week released a new draft of a rule governing when and how insurance producers must disclose their compensation and competing quotes to customers. The latest draft appears to be...
New York Charges Doctors, Hospital Employees with No-Fault Fraud
Jul 9 2009 // New York Attorney General Andrew M. Cuomo announced the indictment of 12 people and 9 corporations across New York City for their roles in an alleged criminal enterprise that paid hospital employees for confidential...
Accident Victims To Appeal GM Bankruptcy Plan Over Pending Lawsuits
Jul 8 2009 // Groups representing plaintiffs in car accidents are opposing General Motors’ attempt to quickly exit bankruptcy protection, arguing that hundreds of victims could be hurt by the government-led plan. U.S. Judge Robert...
New York Delays Medical Malpractice Rates Pending Lawmakers’ Action
Jul 8 2009 // Acting New York State Insurance Superintendent Kermitt Brooks announced today that he is delaying the setting of new medical malpractice insurance rates. He said the delay is to allow time for the Senate to respond to the...
Blackstone, Goldman, Credit Suisse Back New Insurance Brokerage
Jul 7 2009 // A group of private equity investors, including affiliates of The Blackstone Group, Goldman Sachs and Credit Suisse, is launching a new life insurance and benefits brokerage serving the middle market and small businesses,...
New York May Check Insurance Firms’ Compliance with Global Money Rules
Jul 6 2009 // New York State Insurance Department licensees should protect their businesses by ensuring that they comply with federal requirements designed to prevent such practices as money laundering and other illegal international...
Brooks Steps In As Acting New York Insurance Chief As Dinallo Departs
Jul 6 2009 // First Deputy Superintendent Kermitt Brooks is overseeing the New York State Insurance Department following the departure of Eric Dinallo. Dinallo announced in May that he would be resigning as insurance superintendent to...
New York Warns Agents on Identity Theft Scam
Jul 6 2009 // New York State licensed insurance agents and brokers should be aware of an identity theft scam involving telephone calls used to target insurance professionals in at least a half dozen states. Acting New York Insurance...
Click and Save: Online Class Cuts Insurance Rates
Jul 6 2009 // New Yorkers Can Now Tap Internet for Personal Auto Discounts New Yorkers who shell out about $50 to take a leisurely trip down a cartoon road with just a few clicks of the mouse can end up shaving hundreds of dollars off...
Head of New York Workers’ Compensation Board Stepping Down
Jul 6 2009 // No Replacement Named Zachary Weiss, chairman of the New York State Workers’ Compensation Board, will resign from his post later this month to become a federal administrative law judge. Weiss became chairman of the...
States Seek to Join Federal Probe Into AIG Bonuses, Alleged ‘Half Truths’
Jun 22 2009 // U.S. states probing employee bonuses paid by American International Group Inc. using taxpayer money plan to join federal investigators in the matter, while leaving open the possibility of pursuing the case...
Worker Injured When Floor in New York Building Collapse
Jun 22 2009 // A construction worker is recovering after a concrete ramp in a Buffalo, New York parking garage collapsed as he operated a compact construction vehicle. Authorities say 47-year-old Timothy Skalski was driving a payloader...
AIG vs. Greenberg Trial: Stock Flown to Bermuda to Avoid Seizure
Jun 18 2009 // The former head of ailing U.S. insurance giant AIG told a court Wednesday that he had a private jet fly a large block of the company’s stock to Bermuda from New York to prevent AIG from seizing it. “It was a...
Western New York Highway Workers Hurt in Collision
Jun 18 2009 // Several county highway workers are being treated for injuries after their vehicle was struck by a car while they painted a center line on a road in suburban Rochester, New York. Police in the town of Irondequoit say the...
Special Examiner To Oversee AIG’s California Insurance Operations
Jun 17 2009 // As American International Group (AIG) continues its restructuring, California Insurance Commissioner Steve Poizner has appointed a special examiner to assist in the monitoring of AIG’s insurance...
New York Investment Firm, South Korean Bank to Buy AIG Buildings
Jun 10 2009 // A consortium including a New York investment firm and a Korean bank agreed to buy American International Group Inc.’s New York headquarters, the broker, CB Richard Ellis, said Tuesday. Youngwoo & Associates and...
Data Show New York Malpractice Payouts Steady
Jun 8 2009 // Consumer advocates say medical malpractice payouts in New York have dropped the past two years, and they are urging state officials to investigate physician complaints about rising insurance rates and automatically review...
AIG to Sell New York Buildings Including Pine St. Headquarters
Jun 3 2009 // American International Group Inc. has reached a deal to sell two New York buildings, including its downtown Manhattan headquarters, a source familiar with the matter said Tuesday. The buildings being sold are located at 70...
People
Jun 1 2009 // TD Insurance Inc. has hired Linda Bogardus as an account manager in the Core Division of Commercial Lines. Bogardus, who is based in Burlington, Vermont, will oversee marketing and servicing large commercial insurance...
