Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New York Suit Seeks $10M for Unnecessary Brain Surgery
May 21 2009 // A lawsuit says neurosurgeons operated twice on a New York woman for brain and spinal cord problems she didn’t have. Kristy Pirozzolo is suing Long Island doctors Paolo Bolognese and Thomas Milhorat for $10...
New York Man Charged with Torching Defunct Nightclub
May 20 2009 // A suburban Albany, New York businessman remains jailed on charges he burned down a defunct rock club he’d recently acquired. Town of Colonie police say 43-year-old Akiva Abraham of Rexford is being held without bail...
It Figures
May 18 2009 // $2 Million Settlement paid by Wal-Mart in connection with the trampling death last year of a temporary worker at its Valley Stream, New York store. The man was crushed by stampeding shoppers on ‘Black Friday.’...
People
May 18 2009 // W. R. Berkley Corp. appointed Richard M. Baio to the newly created office of vice president – treasurer. He will manage the investment accounting and tax departments, global currency, banking relationships and all...
Business Moves
May 18 2009 // The Hartford Hartford Financial Services Group Inc. is reportedly trying to sell its property/casualty insurance business, as it reels from massive losses, according to Reuters. The Hartford has retained Goldman Sachs to...
Brannan Joins Narragansett Bay Insurance Co.
May 15 2009 // Narragansett Bay Insurance Co. (NBIC) has named Robert Brannan assistant vice president-territory manager for New York. Brannan has 26 years of management experience in marketing, underwriting, and policy services for...
DCAP Morphs from Agency Franchiser into Insurer
May 14 2009 // DCAP Group Inc., an upstate New York franchiser of independent agencies, is ditching its franchise insurance business as part of a strategic move to exit the retail insurance business as it morphs into a reconstituted...
Safety National Opens New York Underwriting Office
May 13 2009 // Safety National has opened regional underwriting office in New York, and has tapped industry veterans Sharon Herschlag and Dennis Zervos as regional underwriting managers. The company says the new office builds on its...
Feds Probe Pilot Training, Behavior in Upstate New York Crash
May 13 2009 // The training and behavior of the pilot and first officer in the worst U.S. air crash in more than seven years are prominent on the agenda of an unusual three-day safety hearing that began yesterday. All 49 people aboard...
Judge Dismisses Lawsuit in New York Boating Tragedy
May 12 2009 // A federal judge has dismissed liability claims against the company that modified a tour boat that capsized on Lake George in 2005, killing 20 passengers. U.S. District Judge Thomas McAvoy says there’s no evidence...
New York Releases Disciplinary Action Report
May 12 2009 // The New York Insurance Department issued its newest list of disciplinary actions against agents, companies and brokers in the state. Among the fines and disciplinary actions contained in the report: Merastar Insurance...
Brown & Brown to Buy New York’s Irving Weber Associates
May 12 2009 // Brown & Brown, Inc. has agreed to acquire a Long Island-based insurance agency, Irving Weber and Associates. The deal is expected to close in late May. With annualized revenues of approximately $4 million, Irving...
Wal-Mart Pays $2M to Avoid Charges in New York Death Probe
May 11 2009 // Wal-Mart agreed Wednesday to pay nearly $2 million and improve safety at its 92 New York stores as part of a deal with prosecutors that avoids criminal charges in the trampling death of a temporary worker last year. Nassau...
Bollinger Acquires Gail Steinberg & Co. Inc.
May 7 2009 // New Jersey-based insurance brokerage Bollinger Inc. has acquired Gail Steinberg & Co. Inc. of New York, New York, the company announced. In connection with the merger, Gail Steinberg, president and chief executive...
New York Reminds Insurers about $10 Fees
May 6 2009 // The New York State Insurance Department has sent a reminder to all car insurers in the state that an admittedly confusing new law requires carriers to collect a $10 annual fee for each policyholder — at least for...
People
May 4 2009 // Joseph Tracy was named president of Travelers Inland Marine business unit. Tracy, who joined Travelers in 2006, most recently served as chief underwriting officer for the Inland Marine business unit. He previously was the...
New York-Based Insurance Broker BWD Group Expands to Florida
May 4 2009 // With the addition of Saul Landesberg as regional vice president, BWD Group LLC opened a Florida office of its insurance and risk management brokerage operation. Landesberg, a long time resident of the Tampa area, will...
Building Collapses at New York City Construction Site
May 1 2009 // A five-story building collapsed at a lower Manhattan construction site on Thursday, but fire officials said it appeared no one was inside. Emergency crews with a dog were sifting through the building’s rubble and...
New York State Insurance Fund Gets New Executive Director
Apr 30 2009 // The New York State Insurance Fund has named James J. Wrynn as its new executive director. Wrynn, whose appointment became effective April 22, is a partner in the law firm of MacKay, Wrynn & Brady, which specializes in...
Regulator Sees Mergers Coming in Weakened Life Insurance Sector
Apr 29 2009 // U.S. life insurers, weakened by the global financial crisis, are in for mergers and regulators will not shy away from playing matchmaker to deal with weak companies, Eric Dinallo, New York’s insurance superintendent,...
