Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Report: N.Y. Emergency Radio Network Fails First Major Test
Dec 19 2007 // A $2 billion radio network intended to connect emergency responders throughout New York failed its first major test, a newspaper reported Tuesday. Buffalo chose to opt out of the system following what officials said were...
Rating Agencies Positive on ACE, Aon, Munich Re Deal for Combined, Sterling
Dec 18 2007 // The rating agencies have generally been positive about ACE’s acquisition of Aon’s Combined Life Insurance Company and Munich Re’s purchase of Sterling Life. The specific reactions were as follows: A.M....
N.Y. Universal Health Care Bill Unlikely In 2008
Dec 17 2007 // Much of the public says they want universal health care. Michael Moore made a movie about it. But no one has quite figured out how to pay for it and despite plans and plans to make plans, don’t look for anything...
N.Y. Laundry Business Faces Hefty OSHA Fines
Dec 12 2007 // Federal officials say an industrial laundry faces more than $160,000 in fines for failing to correct previously cited hazards and for additional workplace safety violations. The Occupational Safety and Health...
Emerson, Reid & Co. Acquires Benefitport MidAtlantic
Dec 11 2007 // New York-based Emerson, Reid & Co. said it has acquired N.J.-based general agent BenefitPort MidAtlantic for an undisclosed amount. The acquisition of BenefitPort, which distributes group products to small and large...
N.Y. Board Seeks Major Change in Workers Comp for Self-Insured
Dec 11 2007 // The New York State Workers’ Compensation Board has issued a new report that calls on lawmakers to make “sweeping changes” in the way self-insured claims are secured in the Empire State. The report...
N.Y. State Calls Off Bid Bonds Hearing
Dec 10 2007 // The New York State Insurance Department has called off a public hearing scheduled for later this week on whether the New York Property Insurance Underwriting Association should be required to provide a market for surety...
Coastal Insurance Reform The Top Issue For N.Y. Agents’ Group in 2008
Dec 7 2007 // Improvements to New York’s coastal property insurance program and a prohibition against denying some late-reported claims top the list of issues the Independent Insurance Agents and Brokers of New York said it will...
N.Y. Insurance Charitable Fund’s First Grants Help Injured Soldiers, Urban Poor, Environment
Dec 6 2007 // Wounded soldiers returning from Iraq and looking for jobs will be among those helped by contributions from a new tri-state insurance industry charitable foundation. The foundation also announced awards to a New York City...
Pension Payments – NY to Close Expected $2B Shortfall in Insurance Fund
Dec 5 2007 // Nearly 11,000 people around the state will continue to receive annual pension and injury payments in the next decade after the New York Liquidation Bureau arranged to cover a projected $2 billion deficit in the funds of a...
State Insurance Commissioners Honor N.Y. Regulator Rapacciuolo
Dec 3 2007 // The assistant deputy superintendent and bureau chief for the New York State Insurance Department has been honored by state insurance regulators from across the country. The National Association of Insurance Commissioners...
Consumer Group Says N.Y. Lags in Medical Malpractice Disclosure
Dec 3 2007 // New Yorkers know less about which doctors have been investigated for medical malpractice than people in other states do, and the agency responsible for disciplining physicians does little to root out misconduct and...
Baugh to Replace Glaser at AIG UK; Portalatin, Hernandez Move Up
Dec 3 2007 // Following the departure of Daniel Glaser to Head Marsh (See related article), American International Group announced the promotion of three executives in its Foreign General insurance operations. Alexander R. Baugh will...
N.Y. Fire Department, Contractors Form Job Safety Council
Dec 2 2007 // New York City fire department officials and construction contractors have formed a joint advisory council to lay down stringent safety rules for job sites, aimed at forestalling such mishaps as the fire that killed two...
McKenna, Johnson Join Lockton’s New York Team
Nov 29 2007 // Lockton Companies, LLC, ranked the largest privately held insurance broker, has expanded its New York brokerage team with the addition of Kenneth McKenna as senior vice president of the Employee Benefits Practice. Susan...
Mapquest Printout Leads to N.Y. Insurance Fraud Sentencing
Nov 28 2007 // A 36-year-old Rochester, N.Y. man, whose Mapquest directions led police to his home, was sentenced to five years probation in Monroe County Court on Nov. 26 for trying to fraudulently obtain a $10,282 insurance...
Mayor Bloomberg to be at Insurance Charitable Foundation Dec. 5
Nov 26 2007 // New York City Mayor Michael Bloomberg will be the special guest as the Insurance Industry Charitable Foundation hosts its first annual dinner in New York on Wednesday, Dec. 5, 2007 at the Waldorf Astoria Hotel. The...
N.Y. City Fire Department, Contractors Form Joint Job Safety Council
Nov 21 2007 // New York City fire department officials and construction contractors have formed a joint advisory council to lay down stringent safety rules for job sites, aimed at forestalling such mishaps as the fire that killed two...
N.Y. Weighs NYPIUA Offering Surety Bonds
Nov 18 2007 // New York is considering having its residual market property insurance association offer surety bonds. Superintendent of Insurance Eric R. Dinallo said he will hold a public hearing on Dec. 14 to determine whether he will...
N.Y Vows Principles-Based Regulation
Nov 18 2007 // New York Insurance Superintendent Eric Dinallo has released a draft regulation that he says would make the New York Insurance Department the first in the nation to establish principles-based regulation. The draft includes...
