Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
N.Y. Reacts to 4 Amusement Park Deaths in Past Year
Apr 26 2006 // Under a bill made public Monday, children younger than 11 wouldn’t be allowed to ride alone on amusement park attractions that take them out of the line of sight of the operators. The legislation, proposed by state...
N.Y. City Targets Medical Mills; Insurer Group Encourages Action
Apr 25 2006 // The New York City Council is looking for ways to shut down certain fraudulent medical clinics that critics say take advantage of the state’s no fault insurance system and drive up auto insurance rates. One prominent...
N.Y. Agents Disappointed with Zurich Commission Disclosure Plans
Apr 24 2006 // New York independent insurance agents are not too happy that Zurich Financial Services has decided to implement nationwide the stricter of two agency compensation disclosure policies it signed as part of recent settlements...
N.Y. Agents Take E&O Concerns Over Contractor Certificates to Officials
Apr 21 2006 // New York insurance agents face potential errors and omissions claims if they follow a New York City requirement on certificates of insurance for road contractors, an agents group has warned. The New York City Department of...
N.Y. Hospitals, Physicians Get New Medical Liability Insurer
Apr 20 2006 // Hospitals and physicians in New York now have a new option for obtaining professional liability coverage and physician excess professional liability coverage, through the establishment of the Healthcare Professionals...
N.Y. State Fund Offers Its Most Popular Brochures in Spanish
Apr 19 2006 // The New York State Insurance Fund’s two most widely-read publications, Partners in Safety and A Claims Guide for the Employer, are now available in Spanish. “These publications will enhance NYSIF’s...
Fugitive N.Y. Insurance Fraud ‘Princess’ Arrested
Apr 19 2006 // A Manhattan woman who posed as a Saudi Arabian princess in an insurance scam plans to return to New York following her arrest at a Florida shopping mall on a fugitive from justice warrant, authorities said. Antoinette...
N.Y. Knicks Insured Coach’s Contract
Apr 19 2006 // The New York Knicks took out an insurance policy on coach Larry Brown’s contract that would free the team from paying the remainder of the coach’s contract if he’s forced to resign due to health issues,...
Integro Adds Goett, McGraw in N.Y.
Apr 18 2006 // Insurance brokerage firm Integro has reported two key hires for its New York office. William Goett has joined the firm as managing principal in the Client Development department, and Robert McGraw will serve as principal...
Grigg Joins Willis Construction-Related Professional Liability Unit in N.Y.
Apr 18 2006 // Willis Group Holdings is expanding its construction practice with the appointment of David Grigg as senior vice president and national director for professional liability. Grigg is based in New York City. In this new...
People
Apr 17 2006 // Palisades Safety and Insurance Management Corporation, a New Jersey private passenger automobile insurer, announced that Ed Fernandez has assumed the role of president and CEO, effective immediately. Fernandez succeeds...
N.Y. Central Mutual Cuts Rates for Homeowners, Renters Statewide
Apr 14 2006 // New York Central Mutual Fire Insurance Company, the largest regional writer of homeowners insurance in New York State, has announced that it is reducing rates on homeowners policies by an average of 10 percent statewide...
Study Claims N.Y. Employer Mandate Would Cost Jobs, $9.2 Billion
Apr 12 2006 // Up to 100,000 jobs would be lost in New York State and businesses stand to take a $9.2 billion dollar hit under a proposed healthcare mandate, according to research by University of Kentucky economist Dr. Aaron Yelowitz...
N.Y. Arrests Oneonta Tire Store Owner on Arson Charges
Apr 11 2006 // A 38-year-old Oneonta, New York businessman has been arrested on charges of insurance fraud and arson related to a fire that occurred at Monser Brothers Tire Sales, Inc. in Oneonta, in August 2002. Jeffrey Gelbsman, 38, of...
N.Y. Report: More Medical Patients Winning Coverage Appeals
Apr 6 2006 // A new report shows that more New Yorkers are challenging and winning reversals of decisions that deny them insurance coverage for certain medical conditions. A new report chronicles the increased utilization of New York...
Integro Appoints DeValCourt as a Principal in its Atlanta Office
Apr 6 2006 // Integro announced that Diana G. DeValCourt has been named to serve as a principal in the company’s Atlanta office. DeValCourt has more than 30 years of commercial property and casualty experience, with the last 17...
N.Y. Agents Relieved as Lawmakers Delete ‘Draconian’ Fines
Apr 5 2006 // Insurance agents have succeeded in removing from the New York State budget a provision to hike fines against insurance professionals. The Independent Insurance Agents & Brokers of New York, Inc., praised the Assembly...
People
Apr 3 2006 // Lockton Companies, Inc., the Kansas City, Mo.-based privately owned insurance broker, has opened a New York retail office, vowing to target complex middle-market clients and take a focused approach towards the Fortune 1000...
Actuaries Estimate Cost of Terrorist Attacks on Cities; N.Y. at $778 Billion; D.C. at $196.8 Billion
Mar 31 2006 // The American Academy of Actuaries disclosed that a future large terrorist attack in New York City could result in $778 billion in insured losses. Speaking at the National Association of Insurance Commissioners public...
Supreme Court Blocks ‘Wasteful’ Class Actions by Stockholders
Mar 30 2006 // The Supreme Court has made it more difficult for investors to join forces to file high-stakes fraud lawsuits against companies. The 8-0 decision handed down on March 21 blocks state class-action lawsuits by stockholders...
