Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Ballinger Describes Texas Stamping Office Operations to AAMGA University
May 23 2005 // Structural similarities and differences between stamping and service offices in the 15 stamping offices across the U.S. and how their markets differ were discussed by Phil Ballinger, executive director of the Surplus Lines...
Ballinger Describes Texas Stamping Office Operations to AAMGA University
May 23 2005 // Structural similarities and differences between stamping and service offices in the 15 stamping offices across the U.S. and how their markets differ were discussed by Phil Ballinger, executive director of the Surplus Lines...
Tsunami Warning: Spitzer is Coming
May 23 2005 // This is not a tsunami “watch.” This is a tsunami warning. The waves have already swept over the closest beaches, so we know they are coming. It’s too soon for casualty reports, but some mighty big places...
Tsunami Warning: Spitzer is Coming
May 23 2005 // This is not a tsunami “watch.” This is a tsunami warning. The waves have already swept over the closest beaches, so we know they are coming. It’s too soon for casualty reports, but some mighty big places...
Jury, Spitzer Probing Possible AIG Criminal Indictments
May 20 2005 // A Reuters report on Friday stated that a New York grand jury is investigating potential criminal conduct by individuals at insurance company American International Group Inc. (AIG). According to the report, New York...
N.Y. Workers’ Comp Writers Seek 16% Rate Boost for October
May 18 2005 // The New York Compensation Insurance Rating Board has submitted a filing for an average 16.1 percent rate increase effective Oct. 1, 2005. This filing came at the same time that the board withdrew its bid for a 9.5 percent...
N.Y. Senate Confirms Mills as Insurance Superintendent
May 18 2005 // The New York State Senate confirmed today Governor George E. Pataki’s nomination of Howard Mills as Superintendent of the New York State Insurance Department. Mills has been serving as acting superintendent since...
OneBeacon Expands Web-Based OneChoice Personal Lines Portfolio
May 16 2005 // OneBeacon, which introduced a Web-based, multi-tiered new auto insurance product in 2004, is launching new homeowners and package products using the same OneChoice platform during 2005. The suite of OneChoice auto,...
N.Y. State Children’s Camp Safety Group Pays Members 50% Dividend
May 16 2005 // The New York State Children’s Camp Safety Group, founded 13 years ago to help children’s camps improve their safety and reduce workers’ compensation insurance costs, has declared a 50 percent dividend on...
Former General Re Execs Reportedly Targeted in SEC Probe
May 16 2005 // The Securities and Exchange Commission is planning to file civil fraud charges against a former executive of General Reinsurance Corp., one of Berkshire Hathaway Inc.’s insurance companies, according to a published...
N.Y. Workers’ Comp Rates to Remain Unchanged with Filing Withdrawal
May 13 2005 // The New York Compensation Insurance Rating Board has withdrawn its proposed rate increase of 9.5 percent which means that workers’ compensation rates will remain at their current levels through Oct. 1, 2005. NYCIRB...
PCI’s Csiszar Accuses Spitzer of ‘Corporate Terrorism’ and of Ignoring Own Conflicts
May 12 2005 // New York Attorney General Eliot Spitzer has bypassed due process and used McCarthy-like tactics to wage “corporate terrorism” against the insurance industry even while ignoring his own alleged conflicts of...
Mass. Tightens Rule on Finite Reinsurance; States Consider Change in Accounting Rules
May 9 2005 // While the National Association of Insurance Commissioners is considering changing the accounting rules for finite reinsurance transactions, Massachusetts is proceeding with a tightening of its own reporting...
Regulators Hit PCI Csiszar’s Pitches Out of the Park
May 9 2005 // State insurance department representatives responded to fast balls, curves and sliders thrown at them by Ernie Csiszar, president and chief executive officer of the Property Casualty Insurers Association of America, during...
AG PETRO GETS IN ON AIG LAWSUIT
May 9 2005 // Ohio Attorney General Jim Petro is expanding the scope of the securities fraud class action lawsuit currently pending against American International Group and others by filing an amended complaint in federal court in New...
Macintosh Joins S.H. Smith & Co. as Head of N.Y. Office
May 9 2005 // David Macintosh has joined S. H Smith & Co., as regional manager, heading up the firm’s New York office. Macintosh most recently was branch manager and assistant vice president of Acadia Insurance’s...
N.Y. Sen. Seward Urges Restraint in Response to Insurance Broker Scandal
May 9 2005 // New York State Senate Insurance Committee Chairman James Seward (R-Milford) told the Professional Insurance Wholesalers Association Inc. that New York policymakers should employ restraint as they look at, “what, if...
Liberty Mutual Becomes 10th Insurer to Reduce N.Y. Auto Rates
May 9 2005 // Liberty Mutual, a Boston-based insurer with more than a quarter-million New York auto policyholders, has agreed to reduce premiums by an average of three percent. Liberty Mutual’s New York customers, who are insured...
People & Places
May 9 2005 // Alex Soto The Independent Insurance Agents & Brokers of America’s national board has nominated Alex Soto as the association’s president-elect and has elected Robert Fulwider as the next vice president....
SOLON CAN’T STOMACH OBESITY SUITS:
May 9 2005 // A state legislator wants to add Pennsylvania to the list of states that protect the food industry from lawsuits in which people blame restaurants and other food vendors for making them fat. Rep. Douglas Reichley, R-Lehigh,...
