Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Spiro Receives Award from New York Agents’ Trade Group
Feb 17 2009 // A Valley Stream, New York insurance agent has been named the first-ever winner of the “1882 Fellow Award” from the Independent Insurance Agents & Brokers of New York (IIABNY). Steven Spiro, president of...
Continental Airlines Flight Crashes in Upstate New York
Feb 13 2009 // A Continental Airlines flight out of Newark, New Jersey crashed late last night into a house in Buffalo, New York — bursting into flames and killing 44 passengers, four crew members and one person on the ground,...
New York Bus Company Owner Charged with Shirking Workers’ Comp
Feb 12 2009 // An investigation by the New York State Insurance Department and Workers’ Compensation Board has led to charges against the owner of Yonkers bus service who failed to carry workers’ compensation insurance for...
New York Fines Zurich $250K over Veterinarians E&O Rates
Feb 10 2009 // Zurich American Insurance Co. has paid a $250,000 fine to the state of New York for charging unfiled rates on its errors and omissions policy for veterinarians, according to state regulators. The New York Insurance...
Conn., New York and New Jersey to Get $22M for Displaced Workers
Feb 9 2009 // Connecticut, New York and New Jersey will share a $22 million federal grant to help financial services workers who are losing their jobs because of the financial crisis on Wall Street. Connecticut Gov. M. Jodi Rell says...
New York Proposes Compensation Disclosure Rules for Agents
Feb 6 2009 // Despite earning praise from major insurance brokerages, a proposed new regimen of compensation disclosure rules for insurance producers has New York agents on edge. The draft regulations issued earlier this week include...
New York City Announces New Construction Safety Measures
Feb 5 2009 // New York City set more than 40 new rules for the struggling construction industry to make high-risk sites safer and correct problems such as those that led to two deadly crane collapses last year. The Department of...
New York Wholesalers’ Association Names Cruz to Board
Feb 3 2009 // The Professional Insurance Wholesalers Association of New York State Inc. has appointed Maya Cruz to its board of directors. Cruz, who is vice president of All Risk/CESI LLC in New York City, has served on a number of...
Greenberg Fights New York AG to Keep Reinsurance Testimony Private
Feb 2 2009 // Maurice “Hank” Greenberg, former chief executive of American International Group Inc., has gone to court to prevent New York’s attorney general from releasing testimony Greenberg gave in a state lawsuit...
New York Agents’ Group Wants Streamlined Agent-Licensing Procedure
Feb 2 2009 // A trade group for New York insurance agents says it’s working with the state’s insurance department to develop a new system for licensing agents. The Independent Insurance Agents & Brokers of New York,...
State Regulators Deny Life Insurers’ Bid for Looser Capital Requirements
Jan 30 2009 // State insurance regulators voted against a proposal to loosen capital requirements for the battered life insurance industry, shooting down hopes for up to $30 billion in relief. The National Association of Insurance...
New York Officials Seek Chinatown Pedestrian Safety Plan
Jan 26 2009 // City and state officials want to keep trucks off certain narrow streets in Manhattan’s crowded Chinatown after a delivery van hit and killed two children walking to their daycare center. State Sen. Daniel Squadron...
New York Insurance Agent Charged in Bank Heist
Jan 26 2009 // A part-time insurance agent was arrested in his Rockefeller Center office and charged with pulling off a knifepoint bank robbery in the suburbs and making his getaway in a luxury sport utility vehicle, police said. Edward...
Blaze at Western New York Farm Causes $2M in Damage
Jan 23 2009 // Authorities are investigating the cause of a fire that destroyed two barns at a western New York farm, causing about $2 million in damage. The fire broke out about 3 a.m. Monday at McCormick Farms in the Wyoming County...
Temporary Walls Turn New York City Apartments into Firetraps
Jan 22 2009 // The firefighters were trapped in what amounted to a burning maze: a Bronx apartment illegally divided into extra rooms for the sake of making a buck in this cramped city. With flames licking at their bodies and black smoke...
New York: Insurers Did Not Steer Customers to Certain Body Shops
Jan 22 2009 // An investigation by the New York Insurance Department has found that auto insurers in the state did not engage in a widespread effort to steer consumers to certain auto body shops – a violation of state law. However,...
Willis HRH Announces New Executive Appointments
Jan 21 2009 // Willis HRH, the North American unit of Willis Group Holdings, announced a series of senior leadership appointments that the company says will drive growth and innovation in key areas of its retail brokerage business. With...
Workers’ Comp Claim on Wrong Eye Leads to Fraud Charges in New York
Jan 16 2009 // A New York man who hurt his eye on the job faces insurance fraud charges after authorities say he falsely filed for workers compensation benefits — on the wrong eye. Authorities say Clyde Stroman, 53, of Elmira,...
New York’s NIF Group Acquires California’s HDR
Jan 16 2009 // Manhasset, New York-based specialty insurance firm NIF Group has acquired HDR Insurance Services of Sacramento, California. HDR specializes in providing innovative programs for independent agents. HDR will continue to...
New York Audit: Unqualified Drivers Received Commercial Licenses
Jan 15 2009 // An audit finds that the New York state Department of Motor Vehicles has incorrectly scored some tests for some commercial drivers and given licenses to people who were not qualified. State Comptroller Thomas DiNapoli says...
