Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
NYMAGIC Affiliate to Write Smaller Surplus Lines Risks in New York
Jul 26 2007 // Southwest Marine and General Insurance Co., an affiliate of NYMAGIC, Inc., said it has been approved by the Excess Lines Association of New York (ELANY) to write surplus lines business in the state of New York. Another...
N.Y. Gov. Spitzer Put on Defensive Over Aides’ Political Tactics
Jul 25 2007 // New York Governor Eliot Spitzer made his name as a corruption fighting attorney general who forced reforms on Wall Street and the insurance industry. As governor, he promised to take that campaign to Albany and end the...
N.Y. City Safety Officials Reassure Public After Steam Pipe Blast
Jul 25 2007 // Although last week’s steam pipe explosion in New York City raised worries about the city’s vulnerability to attacks, law enforcement officials said this week they aren’t concerned that it might have given...
N.Y. names med malpractice task force after approving 14% hike
Jul 23 2007 // Regulators in New York approved a 14 percent increase in medical malpractice insurance rates and Gov. Eliot Spitzer formed a task force to find ways to rein in the high cost of the coverage. The state insurance department...
INHALANTS NOT INCLUDED UNDER DRUNK DRIVING LAW, N.Y. HIGH COURT RULES
Jul 23 2007 // A motorist accused of “huffing” stimulants from an aerosol can before getting into a deadly wreck cannot be charged with driving while intoxicated, New York’s highest court ruled recently. The Legislature...
N.Y. to slash workers’ comp rates 20.5%
Jul 23 2007 // Rates for workers’ compensation in New York will decline by more than 20.5 percent — the biggest cut in more than 20 years — saving employers about $1 billion, according to state officials. Gov. Eliot...
Inhalants not included under drunk driving law, N.Y. high court rules
Jul 23 2007 // A motorist accused of “huffing” stimulants from an aerosol can before getting into a deadly wreck cannot be charged with driving while intoxicated, New York’s highest court ruled recently. The Legislature...
N.Y. names med malpractice task force after approving 14% hike
Jul 23 2007 // Regulators in New York approved a 14 percent increase in medical malpractice insurance rates and Gov. Eliot Spitzer formed a task force to find ways to rein in the high cost of the coverage. The state insurance department...
Business Moves
Jul 23 2007 // Willis, InsuranceNoodle Willis Group Holdings Limited, the global insurance broker, has acquired Chicago-based InsuranceNoodle, an Internet distributor of U.S. small business insurance. Terms of the transaction were not...
Marsh Appoints Five Execs to Lead Middle Market Operations
Jul 19 2007 // Insurance broker and risk advisor Marsh Inc. announced the appointment of five senior insurance brokerage executives to lead the firm’s Middle Market operations in New York, Los Angeles, Boston, San Francisco, and...
N.Y. Reforms Credited with Shaving Workers’ Comp Rates by 20.5%
Jul 12 2007 // Rates for workers’ compensation insurance in New York will decline by more than 20.5 percent, —the biggest cut in more than 20 years — saving employers about $1 billion, according to state officials. Gov. Eliot...
N.Y. Agents Seeking Alternatives for Downstate Homeowners
Jul 12 2007 // Downstate New York insurance agents say they are seeking alternative sources of coverage, as many of their regular homeowners insurance companies continue to reduce exposure in their area. A membership survey conducted by...
17 Kids Evacuated from Burning NY School Bus
Jul 11 2007 // A school bus driver, alerted by another motorist’s flashing headlights, pulled his smoking vehicle to the side of the road in time to get everyone off before the bus was engulfed in flames. Seventeen 3- and...
N.Y. Names Medical Malpractice Task Force After Approving 14% Hike
Jul 5 2007 // Regulators in New York approved a 14 percent increase in medical malpractice insurance rates on Monday and Gov. Eliot Spitzer formed a task force to find ways to rein in the high cost of the coverage. The state insurance...
Taking care of trash
Jul 2 2007 // Take care of what you throw in the trash. Some RadioShack employees in Texas have allegedly committed an egregious error, showing a careless disregard for protecting sensitive customer data. According to Texas Attorney...
After fast start with workers’ comp, Albany sputters
Jul 2 2007 // The Assembly has had its own reasons for moving slowly, especially on insurance bills — its insurance committee lacked leadership. Despite the state having a new governor, The New York Legislature continues with its...
Editor’s Note: Taking care of trash
Jul 2 2007 // It could be argued that the RadioShack employees (if the charges prove to be true) were acting out of ignorance or they just didn’t care. It sounds like that argument would not apply to the insurance company, which...
N.Y. Court Rules Drunk Driving Does Not Include Using Inhalants with Alcohol
Jun 29 2007 // A motorist accused of “huffing” stimulants from an aerosol can before getting into a deadly wreck cannot be charged with driving while intoxicated, New York’s highest court ruled Wednesday. The...
Berkshire’s Buffet, at Clinton Fundraiser, Tutors Dems on Business
Jun 29 2007 // Guests at a high-dollar New York fundraiser for presidential candidate Sen. Hillary Rodham Clinton were treated to cocktails, dinner and an hourlong business tutorial from billionaire Warren Buffett. Buffett, the founder...
New Jersey Drivers Think They’re Better Than New York Drivers
Jun 29 2007 // New Jersey drivers buckle themselves in, but do so while speeding and scorning New Yorkers, according to a new university poll. The poll also found Garden State men are more likely than women to drive after drinking or...