Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
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...
People
Sep 3 2007 // Atlanta-based insurance broker Beecher Carlson has named Gerald Levine as managing director. Levine will be responsible for client development for Beecher Carlson’s Risk Management Practice. He will be based in the...
People and Places
Sep 3 2007 // Richard E. Meuret has been appointed vice president and manager, Field Operations Analysis, for Liberty Mutual Agency Markets regional company operations. Meuret will be based in the insurer’s Boston home office and...
People
Sep 3 2007 // Richard E. Meuret has been appointed vice president and manager, Field Operations Analysis, for Liberty Mutual Agency Markets regional company operations. Meuret will be based in the insurer’s Boston home office and...
N.Y. Names Task Force to Study Rising Medical Malpractice Costs
Aug 31 2007 // New York Insurance Superintendent Eric R. Dinallo and Health Commissioner Richard F. Daines, M.D. announced today the members of the Medical Malpractice Liability Task Force, charged by Governor Eliot Spitzer with...
Citing Lapses in Deutsche Bank Fire, N.Y. City Orders Building Inspections
Aug 29 2007 // New York City ordered fire inspectors to examine hundreds of buildings under construction or demolition after an investigation found numerous planning and safety failures at an abandoned ground zero skyscraper where two...
N.Y. Halts Insurers from Tying Coastal Home Renewals to Other Business
Aug 29 2007 // Insurance companies in New York may not refuse to renew homeowners insurance policies based on whether a policyholder has other business such as an auto or life policy with them, under a new order from the state insurance...
N.Y. Officials Say Broker Pocketed Insurance Premiums
Aug 28 2007 // The New York State Insurance Department reports that 32 people in Saratoga, Warren and Washington Counties were victimized when an insurance broker allegedly pocketed an estimated $7,000 in insurance premiums. The...