Latest New York Headlines

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...

N.Y. Workers Comp Trusts Return $3M

Jul 28 2005 // Compensation Risk Managers, LLC, a national manager of self-funded workers’ compensation insurance programs, announced that three of its trusts in New York state produced dividends of nearly $3.2 million in 2004. The...

Bay Area Agent/Broker Pleads Guilty

Jul 27 2005 // A former California insurance broker/agent faces up to 20 years in prison after pleading guilty in New York to conspiracy charges related to insurance fraud. The case stems from the findings of a joint investigation by the...

SAN Group Enters Western N.Y.; Names Uhl as Regional V.P.

Jul 27 2005 // SAN Group, a network of independent insurance agencies in the Northeast, has acquired WIN Satellite Agency Network territory, covering the counties of Allegany, Cattaraugus, Chautauqua, Erie, Niagara in western New...

Greater N.Y. Mutual CEO Makes Case for Terror Coverage; NAMIC Suggests Britain’s Pool Re as Model

Jul 27 2005 // Warren Heck, chairman and chief executive officer of Greater New York Mutual Insurance Company in New York, N.Y., brought his company’s front line experience with terrorism risk before a House Financial Services...

GOP Calls on NY’s Spitzer to Return Donation from Former Aon Exec

Jul 25 2005 // New York’s Republican chairman called on state Attorney General Eliot Spitzer to return a $25,000 campaign donation from a former top executive of a company his office had investigated. The donation from Richard...

Integro Grabs 3 Brokers from Willis

Jul 25 2005 // Integro Ltd announced that John Zaffino, John (Jack) Green, and Gregory Sinnott recently joined the firm in the New York office. Zaffino, formerly the National Casualty Practice Leader at Willis Group, will become the...

Bomb Hoax Leads to Evacuation of N.Y. Mall

Jul 22 2005 // The discovery of a small package with wires sticking out of it prompted the evacuation of thousands of people Wednesday from the Palisades Center mall in Wst Nyack, N.Y. in Rockland County. But the foil-wrapped package was...

AutoOne Insurance Writes 100,000th Take-out Policy in N.Y.

Jul 22 2005 // AutoOne Insurance, a division of OneBeacon Insurance Group, has written its 100,000th so-called “take-out” policy, helping to reduce the number of drivers in the New York Assigned Risk Automobile Insurance...

C.H. Edwards Agency of N.Y. Joins ISU

Jul 20 2005 // ISU International announced that the latest addition to the network is C.H. Edwards Agency of Farmingdale, N.Y. The newest ISU agency was first opened in 1925. Since that time, the agency has established a clientele which...

Report: Insurance Probe Cooperation Between Feds and Spitzer Fizzles

Jul 19 2005 // Federal securities and justice department officials and lawyers from the office of New York Attorney General Eliot Spitzer, who are pursuing parallel investigations of the insurance industry, have made separate deals with...

Ohio AG Says Customers Need More Time, Info to Evaluate Marsh Settlement

Jul 19 2005 // Ohio Attorney General Jim Petro has told New York-based insurance broker Marsh & McLennan Companies Inc. that policyholders in Ohio harmed by the company’s alleged anticompetitive activities deserve more time...

People & Places

Jul 18 2005 // David Porter Majestic Insurance Companyannounced the appointment of David Porter to the new position of marketing manager for Southern California. Porter has more than 25 years of experience in the industry. Prior to...

Gregg has held a number of executive positions within Liberty Mutual’s commercial insurance operations since joining the

Jul 18 2005 // OneBeacon Insurance Group, a wholly owned subsidiary of White Mountains Insurance Group Ltd., announced that Mike Miller, its current chief operating officer, has been appointed president and chief executive officer....

Jul 18 2005 // Majestic Insurance Company announced the appointment of David Porter to the new position of marketing manager for Southern California. Porter has more than 25 years of experience in the industry. Prior to joining Majestic,...

People & Places

Jul 18 2005 // Mike Miller OneBeacon Insurance Group, a wholly owned subsidiary of White Mountains Insurance Group Ltd., announced that Mike Miller, its current chief operating officer, has been appointed president and chief executive...

DCAP Continues Expansion Buying Western N.Y. Agencies

Jul 15 2005 // DCAP Group Inc., an operator of insurance agency franchises, has executed a non-binding letter of intent to acquire a group of storefront agencies in western New York State. DCAP Group Inc. owns and operates a chain of...

TD Banknorth Continues Expansion with Purchase of Hudson United

Jul 12 2005 // TD Banknorth Inc. (NYSE: BNK) and Hudson United Bancorp (NYSE: HU) announced Tuesday that they have signed a definitive agreement for TD Banknorth to acquire Hudson United for approximately $1.9 billion in cash and TD...

Hub International Opens N.Y.-based Building and Design Risk Division

Jul 8 2005 // Hub International Limited announced it has opened a Building and Design Risk Division based at its New York subsidiary, Hub International Northeast Limited. The group, created to expand HUB Northeast’s...