Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
From the Big Apple to the Corn State
Sep 24 2007 // From the executive office of the Greater New York Mutual Insurance Companies on Madison Avenue in the heart of New York City, Warren Heck, chairman and chief executive officer, can see Illinois. “It’s...
People
Sep 24 2007 // The National Association of Professional Surplus Lines Offices has named its officers and directors for the 2007-2008 term. The new NAPSLO president is Mary Ellen Rozzell, who is with Continental/Marmorstein & Malone...
N.Y. moves to end bureau-filed rates for workers’ comp
Sep 24 2007 // Workers’ compensation rates in New York State should be determined by more competition among insurance carriers, instead of through the current rating board that now proposes these rates, Insurance Superintendent...
People
Sep 24 2007 // The National Association of Professional Surplus Lines Offices has named its officers and directors for the 2007-2008 term. The new NAPSLO president is Mary Ellen Rozzell, who is with Continental/Marmorstein & Malone...
Business Moves
Sep 24 2007 // Endurance Specialty, ARMTech Endurance Specialty Holdings Ltd., a Bermuda-based provider of property and casualty insurance and reinsurance, reported that one of its U.S. based holding companies is buying out ARMtech...
Business Moves
Sep 24 2007 // HRH, Bank of America Insurance broker Hilb Rogal & Hobbs Co. has agreed to purchase Banc of America Corporate Insurance Agency, L.L.C., a segment of Bank of America, N.A., and a middle market insurance intermediary in...
N.Y. Unveils Plan to Give Illegal Immigrants Drivers’ Licenses
Sep 24 2007 // New York State officials say a plan to provide driver’s licenses to illegal immigrants with valid foreign passports will enhance security by creating records of their identities. But critics say those records could...
N.Y. Arson Ring Leader Faces 10-Year Sentence
Sep 19 2007 // The leader of an arson ring that collected more than $400,000 in fraudulent insurance claims for fires in three New York counties is scheduled to surrender Sept. 18 to serve a 10-year federal prison sentence, according to...
N.Y. City, State Join Suit Over Vioxx
Sep 19 2007 // New York State and City have sued Merck & Co. Inc., joining thousands of others who say the drug maker cheated government insurance programs by hiding the dangers of heart problems associated with its pain medication...
N.Y. Agent Sentenced to House Arrest Premium Diversion
Sep 14 2007 // The owner of a Tonawanda, New York insurance agency was sentenced on Aug. 29 to two years probation with six months home confinement for diverting $132,000 in customers’ insurance premiums to prop up his failing...
N.Y. Insurance Department Creates Elder Protection Unit
Sep 12 2007 // Superintendent Eric Dinallo has announced the formation of the New York State Insurance Department Elder Protection Unit, which he said will support elderly residents in dealing with their insurance concerns. “Job...
Allstate to Comply with N.Y. Anti-Tying Rule on Home Nonrenewals
Sep 12 2007 // Allstate Insurance Co. and its affiliates have agreed to comply fully with a directive by the New York State Insurance Department that insurance companies may not refuse to renew homeowners insurance policies based on...
N.Y. Knicks’ Exec Facing $10 Million Harassment Suit
Sep 10 2007 // Jury selection begins this week in the $10 million sexual harassment lawsuit against New York Knicks president Isiah Thomas, who is accused of improper behavior involving a since-fired team executive. Anucha Browne...
Excess Line Association of N.Y. Names Nunziata to Head Education
Sep 10 2007 // The Excess Line Association of New York (ELANY) has appointed Gene Nunziata as education and communications director. Nunziata will be responsible for membership communication and will direct education and training...
Bixby to Lead Wm. Gallagher’s New N.Y. Office
Sep 10 2007 // William Gallagher Associates has opened a new office in New York City, which will be ehaded by Doug Bixby, senior vice president. The office is the fifth in addition to WGA’s corporate headquarters in Boston,...
Lloyd’s Dinner Features Lord Levene, NATO Head on Global Concerns
Sep 7 2007 // Lloyd’s held its fifth “Annual City Dinner” on Wednesday night, Sept. 5. A cross section of business and government leaders in attendance heard from Lloyd’s Chairman Lord Levene and the Secretary...
N.Y. Agents Group Names Rubin, Weiner to Board
Sep 7 2007 // The Independent Insurance Agents & Brokers of New York, Inc. recently made new appointments to its board of directors. IIABNY approved Lane S. Rubin, managing member of Excel Coverage Group, LLC in Westbury, as...
Allstate Balks at N.Y. Ban on Tying Home Renewals to Other Business
Sep 5 2007 // Allstate Insurance Co. is defending its right to non-renew certain homeowner insurance accounts in New York based in part on whether the insureds also have auto or life policies with the company. The non-renewal tactic is...
Hanover Names Morelli Regional V.P., Personal Lines, in N.Y.
Sep 4 2007 // The Hanover Insurance Group, Inc. announced that Roger Morelli has been named regional vice president for personal lines for the company’s New York territory. Morelli will be responsible for both the Upstate and...
N.Y. Supt. Dinallo Calls for End to Bureau-Filed Rates for Workers’ Comp
Sep 4 2007 // Workers’ compensation rates in New York State should be determined by more competition among insurance carriers, instead of through the current rating board that now proposes these rates, New York State Insurance...
