Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Coming to the Rescue: States get ready to modernize surplus lines regulation
Feb 26 2007 // Bernd (Bernie) G. Heinze, executive director of the American Association of Managing General Agents (AAMGA), recalls a perfect example of the regulatory difficulties the surplus lines industry faces. A colleague at a...
Thomas Hampton, District of Columbia, Commissioner, Department of Securities, Insurance and Banking
Feb 25 2007 // Thomas Hampton, commissioner of the District of Columbia Department of Securities, Insurance and Banking. Hampton, who was reappointed to his post by Mayor Adrian M. Fenty in January, discusses the District’s...
N.Y. City targets scaffold safety
Feb 25 2007 // Noting that an alarming number of accidents occurred on scaffolding suspended from the tops of skyscrapers in New York City last year, city officials recently presented several measures intended to improve safety. In 2006,...
Business Moves
Feb 25 2007 // Royal & Sun A state hearing officer recommended Delaware’s insurance commissioner approve the proposed management buyout and eventual dissolution of Royal and Sun Alliance Insurance Group’s U.S....
Industry leaders debate federal versus state regulation with Democratic Congress shift
Feb 25 2007 // Could federal regulation of the insurance industry become a reality, now that Democrats control both the House and Senate in Congress? And are consumers and the insurance industry ready for such a scenario? Other financial...
Coming To The Rescue
Feb 25 2007 // Bernd (Bernie) G. Heinze, executive director of the American Association of Managing General Agents (AAMGA), recalls a perfect example of the regulatory difficulties the surplus lines industry faces. A colleague at a...
N.Y.-Based Brokerage Kinloch Names Iacono as General Counsel
Feb 22 2007 // New York-based Kinloch Holdings, Inc., an insurance brokerage holding company formed in 2006, has named John P. Iacono as its general counsel. Iacono brings 32 years’ insurance and legal experience to Kinloch. Prior...
Former N.Y. Supt. Mills: State Regulation Has Holes to be Filled
Feb 15 2007 // Looking back on his two-year tenure, former New York Superintendent of Insurance Howard Mills says state regulation could stand some improvement. According to the former Empire State insurance chief, the state regulatory...
Royal & Sun buyout approval expected
Feb 12 2007 // A state hearing officer recommended that Delaware’s insurance commissioner approve the proposed management buyout and eventual dissolution of Royal & Sun Alliance Insurance Group’s U.S. operations....
It Figures
Feb 12 2007 // $1 million The punitive damages amount to be lodged against State Farm after the federal judge overseeing the Mississippi Katrina claims cases reduced a recent $2.5 million jury award. U.S. District Judge L.T. Senter ruled...
One-on-one interviews with 15 insurance regulators
Feb 12 2007 // One-on-one interviews with 15 insurance regulators At a recent meeting of the National Association of Insurance Commissioners, Insurance Journal sat down with 15 insurance regulators to talk about issues affecting their...
News Currents
Feb 11 2007 // Royal & Sun management buyout approval expected A state hearing officer recommended that Delaware’s insurance commissioner approve the proposed management buyout and eventual dissolution of Royal & Sun...
Howard Mills, New York, Insurance Commissioner
Feb 11 2007 // Howard Mills, formerly an elected state representative, served the State of New York as its appointed insurance superintendent for the last two years. He stepped in to fill the shoes of Greg Serio when he departed and...
New York – Howard Mills
Feb 11 2007 // Looking back on his two-year tenure, former New York Superintendent of Insurance Howard Mills says he thinks insurance actions by his own and other states’ attorneys general came about because there was a vacuum in...
Scaffold Deaths Move N.Y. City Officials to Push Safety Measures
Feb 9 2007 // An alarming number of accidents occurred on scaffolding suspended from the tops of skyscrapers in New York City last year, city officials said this week as they presented several measures intended to improve safety. In...
Ohio ProCentury Management to Present at N.Y. Conference
Feb 9 2007 // Columbus, Ohio-based ProCentury Corp.has announced that its management team is scheduled to present at the New York Society of Security Analysts’ 11th Annual Insurance Industry Conference in New York City on Monday,...
Wholesaler S.H. Smith Adds Dalmata to Team for Vt., N.Y.
Feb 8 2007 // Carl Leslie “Les” Dalmata has been appointed regional marketing manager for S. H Smith & Co., Inc., a national excess and surplus lines broker. Located in the firm’s Utica, New York, office, Dalmata...
Dow Jones Forms N.Y. Captive
Feb 7 2007 // The New York State Insurance Department has licensed Bergstresser Insurance, Inc., as a captive insurance company. Bergstresser will insure the risks of Dow Jones & Co., the business and financial publishing company...
Medical Malpractice Risk Retention Group Launched in N.Y.
Feb 7 2007 // J. M. Woodworth Risk Retention Group has registered with the New York Insurance Department to offer medical malpractice insurance to physicians and surgeons in the state. “The RRG provides New York doctors the first...
City Disaster Teams Share Lessons from Terrorist Attacks
Feb 5 2007 // Government and American Red Cross disaster experts from New York, London and Madrid — three cities hit by terrorist attacks in recent years — met last week in New York for a two-day conference to share experiences and...
