Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
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,...
New York Agency Honored by National Flood Insurance Program
Apr 29 2009 // Maran Corporate Risk Associates of Southampton, New York has been named Agency of the Year by the National Flood Insurance Program. The designation is given each year and recognizes agencies that demonstrate a dedication...
World’s Financial Sector Facing ‘Hornet’s Nest’ of Political Risk
Apr 24 2009 // Oh, for the days when a little irrational exuberance was the biggest problem facing the world’s bankers and financiers. It is way beyond that now. With the financial world mired in a stubborn credit crisis and the...
Plafker Appointed to Board for New York’s Livery Fund
Apr 23 2009 // Alan Plafker has been appointed to the board of directors of New York’s Independent Livery Driver Benefit Fund. Plafker is a long-time insurance agents who is also secretary of the Professional Insurance Agents of...
New York Made 160 Frauds Arrest in First 3 Months of the Year
Apr 22 2009 // The Insurance Frauds Bureau of New York State made 160 arrests for frauds-related crimes through the first three months of the year, according to new statistics released by the New York Insurance Department. The total...
New York Wants Allstate Info on Credit Default-Swaps
Apr 20 2009 // The New York state Insurance Department said it wants information from Allstate Corp. on its participation in unregulated insurance markets. The agency also said Allstate officials must report anything they know about...
People
Apr 20 2009 // New York-based Delos Insurance Group has named Alex A. Hammett senior vice president and chief actuary. In his new role, Hammett will oversee all actuarial functions within Delos, which specializes in program business...
Business Moves
Apr 20 2009 // Progressive Progressive said it will begin offering motorcycle and RV insurance in Massachusetts. The Mayfield Village, Ohio-based insurer said it will offer the coverage through its Web site as well as through independent...
A New York State of Mind
Apr 20 2009 // Superintendent Eric Dinallo Redefines the Role of Regulator in the Insurance Industry New York Insurance Superintendent Eric Dinallo was thrust into the national spotlight last year as the insurance industry’s...
New York Governor to Reintroduce Gay Marriage Bill
Apr 16 2009 // New York Gov. David Paterson is making another push to legalize gay marriage in New York, tapping into the momentum of other states that have recently allowed same-sex couples to wed, but the measure will face stiff...
Hammer Hits New York Cab after Falling from Sachs Tower
Apr 3 2009 // Construction has been halted at Goldman Sachs’ new headquarters in lower Manhattan after a worker’s hammer fell 18 stories and crashed through the rear window of a passing cab. No one was injured on Wednesday...
New York Signs Regulatory Agreement with Macau
Apr 2 2009 // New York Insurance Superintendent Eric Dinallo signed a cooperation agreement earlier this week with his counterpart in Macau, a move signaling the increasingly international approach to regulation for the country’s...
PURE Offers Coverage in New York
Mar 31 2009 // White Plains, New York-based specialty insurer Privilege Underwriters Reciprocal Exchange (PURE) said it will begin offering property and casualty insurance coverage for owners of high-value homes in New York. The company...
Evidence Points to Crew Error in Upstate New York Plane Crash
Mar 27 2009 // Flight data point to possible flight crew errors rather than ice accumulation as a key factor in last month’s plane crash near Buffalo, New York, that killed 50 people, aviation safety experts said. The National...
Fireman’s Fund Offers Green Homeowners Policy in New York
Mar 25 2009 // Fireman’s Fund Insurance Co. has launched a new line of ‘green’ insurance products for New York homeowners — a product the company says is a first for the Empire State. The policy includes a 5...
New York Federal Reserve Chief: U.S. to Get Back All Funds Given to AIG
Mar 24 2009 // The new head of the New York Federal Reserve Tuesday defended saving American International Group from collapse as the right thing to do to prevent further damage to the world economy and said AIG will eventually be able...
People
Mar 23 2009 // Richard G. “Dick” Clarke, senior vice president of J. Smith Lanier & Co. in West Point, Ga., has been elected 2009 president of RiskProNet International, a network of 25 independent insurance brokers in...
People
Mar 23 2009 // Kate Westover, vice president of Alternative Risk Financing at Innovative Captive Strategies, has received the 2009 Distinguished Service Award from the Captive Insurance Companies Association (CICA). Based in Colchester,...
