Latest New York Headlines

Business Moves

Aug 22 2005 // Chubb PLI, Hub International Chubb Corporation has agreed to sell its Personal Lines Insurance Brokerage Inc. to Chicago-based Hub International Limited. Chubb said the sale would have no material impact on its financial...

News Briefs

Aug 22 2005 // MASSACHUSETTS Health Insurance Rates Rising: The state’s largest health insurers say most Massachusetts companies and their workers will see increases of 10 percent or more in their health insurance premiums...

Aug 22 2005 // The Independent Insurance Agents & Brokers of New York Inc. recently announced the promotion of six staff members at the statewide trade association, effective Aug.1. IIABNY, which represents more than 18,000...

Mineo, Former Police Chief, Chosen to Head N.Y. Liquidation Inspections

Aug 18 2005 // New York State Insurance Superintendent Howard Mills has named Randolph Mineo, a former police chief in Wilton, Conn., to head the New York Liquidation Bureau’s Office of the Inspector General, a new position. In...

Beecher Carlson Expands Health Care Practice; Adds Seven Executives

Aug 18 2005 // Beecher Carlson, an insurance and risk management company, announced that it has expanded its National Health Care Practice with the appointment of seven industry professionals. The team expansion increases Beecher...

N.Y. Agents Back Financial Information Breach Notification Law

Aug 17 2005 // Businesses must notify New Yorkers when their financial and personal information has been compromised under a measure that has become law in New York. The Information Security Breach and Notification Act, which takes...

N.Y. Gov. Pataki’s Veto Upholds Drunk Driver Exclusion Law

Aug 17 2005 // New York insurers applauded Governor George Pataki’s veto of legislation (S.5578/A.5158) which would have required auto insurers to pay the medical bills of drivers who injured themselves while driving...

Hall Named Deputy Superintendent, CEO for N.Y. Liquidation Bureau

Aug 15 2005 // New York State Insurance Superintendent Howard Mills has named Jody Hall as special deputy superintendent and chief executive officer of the New York Liquidation Bureau. Hall will direct the overall operations of the...

Gov. Pataki Sent Bill to Repeal Drunk Drivers’ Insurance Exclusion

Aug 15 2005 // New York would join a growing list of states to repeal laws allowing insurance carriers to deny payment of medical bills for people injured while driving drunk under a measure sent to Gov. George Pataki. Under current...

Auto Leasing Firms to Announce Return to N.Y. as Highway Bill Signed

Aug 9 2005 // DaimlerChrysler, Ford Motor Company and General Motors are slated to announce their return to leasing in New York State at a press conference to coincide with the signing of a federal highway bill by President Bush on...

N.Y., Conn., N.J. Agents Pick Best-Performing Insurance Companies

Aug 8 2005 // Asked to evaluate insurers in 16 performance categories, agents in the tri-state region of Connecticut, New York and New Jersey rated 14 insurance companies as overall best performers. The winners, in no particular order,...

N.Y., Conn., N.J. Agents Pick Best-Performing Insurance Companies

Aug 8 2005 // Asked to evaluate insurers in 16 performance categories, agents in the tri-state region of Connecticut, New York and New Jersey rated 14 insurance companies as overall best performers. The winners, in no particular order,...

ISG’s Pacific Wholesale N.Y. Office to Operate as Pacific Pro Intermediaries

Aug 5 2005 // Atlanta-based Insurance Specialty Group, LLC (ISG) has announced the formation of a new branch office in New York for Pacific Wholesale Insurance Brokers, LLC (PWIB) which will operate in the state of New York as Pacific...

N.Y. Big ‘I’ Promotes Lounsbury, 5 Other Staff Members

Aug 5 2005 // The Independent Insurance Agents & Brokers of New York Inc. recently announced the promotion of six staff members at the statewide trade association, effective Aug.1. IIABNY, which represents more than 18,000...

Insurers Hail N.Y. Physician Decertification Fraud Reform

Aug 4 2005 // Insurance companies are applauding New York Gov. George Pataki for signing legislation that they say will assist them in their efforts to fight insurance fraud. Pataki signed A.8376, the physician decertification bill,...

N.Y.’s Lawley Joins RiskProNet

Aug 3 2005 // Lawley Service Inc., one of the Northeast’s largest insurance firms, has joined RiskProNet International Inc., a network of 28 major independent brokers across the United States and Canada. The Buffalo, N.Y.-based...

Spitzer Beats All But Giuliani, Poll on N.Y. Gubernatorial Race Finds

Aug 3 2005 // If he decided to run for New York State Governor next year, former New York City Mayor Rudolph Giuliani would top State Attorney General Eliot Spitzer 49 – 42 percent, the only one of several high visibility...

Federal Highway Bill Bans Vicarious Liability of Car Leasing Firms

Aug 1 2005 // When President George Bush signs the federal highway bill, New Yorkers will likely get a special bonus – the return of vehicle leasing, according to the car leasing industry. The federal bill includes a ban on...

N.Y. Raises Minimum Age for Boating Operators to 14

Jul 29 2005 // New York Gov. George Pataki has signed into law legislation intended to increase safety on New York’s waterways by increasing the minimum age of those allowed to operate personal watercraft to 14 years old. Current...

Ross Joins Pinnacol Assurance as President and CEO

Jul 28 2005 // Pinnacol Assurance, Colorado’s largest workers’ compensation insurer, announced that its board of directors has named Kenneth J. Ross as Pinnacol’s new president and CEO. Ross will succeed Gary Pon, who...