Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Workers’ Comp Provider CRM Expands into Calif. with Three New Programs
Mar 25 2004 // To respond to the growing needs in California for affordable workers’ compensation insurance, Compensation Risk Managers (CRM) has begun offering coverage through three new programs, available through independent...
PIA Mgmt. Services Names New Pres.-CEO, Chairman
Mar 24 2004 // PIA Management Services Inc. announced the recent selection of Kenneth Bessette as its president and chief executive officer succeeding outgoing President James E. Reed who had held the position for the past 20 years. The...
N.Y. Gov. Pataki Offers WC Reform Package
Mar 23 2004 // Governor George E. Pataki, at the Business Council’s Small Business Day in Albany, unveiled a plan to reform New York’s Workers’ Compensation system. Pataki’s plan would reduce workers’...
N.Y. Official Subpoenas Liquidation Unit
Mar 23 2004 // The New York State Comptroller has charged that the Superintendent of Insurance and a unit of the New York Insurance Department (NYSID) responsible for handling liquidations have refused to cooperate in an audit of its $3...
Scampas, Nylund Join Willis Group
Mar 23 2004 // Global insurance broker Willis Group Holdings announced that two new executives have been named to its management team. Jeanette Scampas has joined Willis from AIG as Executive Vice President, responsible for Global...
Terrorism and TRIA – What’s in Store for the Future’
Mar 22 2004 // Two years later, fate of the historic act remains unknown If a camel is a “horse made by a committee” then the Terrorism Risk Insurance Act (TRIA), passed by Congress in November 2002, is a law made by several...
N.Y. Employers to Speak Out on Cutting WC Costs
Mar 22 2004 // A coalition of New York employers led by the Independent Insurance Agents & Brokers of New York Inc. will urge state lawmakers at a public hearing this week to fix the state’s badly broken workers’...
Carter Added as Nominee for Marsh & McLennan Board
Mar 22 2004 // Marsh & McLennan Companies Inc. approved the addition of Zachary W. Carter to the slate of nominees for the board of directors of MMC. MMC shareholders will be asked to elect Carter to the board at the company’s...
Togetherness
Mar 22 2004 // What’s this country coming to? Twice in the past few weeks compromise reared its seldom-seen head in discussion over local insurance issues. That’s right, compromise, as in comp, as in promise, as in company,...
People and Places
Mar 22 2004 // Alan Ring Insurance Journal announced the promotion of Alan M. Ring to the position of vice president of sales and marketing. Ring joined Wells Publishing, publisher of Insurance Journal magazine and Insurance Journal...
All Wrapped Up in Workers’ Comp
Mar 22 2004 // No surprise, but with the first quarter of 2004 drawing to a close, workers’ compensation remains, as it has been for many years, one of the most troubled lines of insurance in the United States. On a calendar year...
CRM Underscores NY Health Care Trust Financial Strength, Continues Growth of Customer Base
Mar 17 2004 // Compensation Risk Managers announced from its Poughkeepsie headquarters that its Healthcare Industry Trust of New York (HITNY) product remains on solid financial ground and continues to provide “high quality,...
N.Y. Turns to Cybersetttle to Handle Claims with Insurers in Liquidation
Mar 17 2004 // Cybersettle, a White Plains, N.Y. online settlement company, has been contracted by the New York State Insurance Department Liquidation Bureau to accelerate the resolution of claims filed with insurance companies currently...
Credit-Based Scoring Tops AIA Agenda at Spring NAIC Gathering in New York City
Mar 12 2004 // The issue of credit-based insurance scoring will once again reportedly be the subject of much discussion and attention during the spring meeting of the National Association of Insurance Commissioners (NAIC) in New York,...
NYC to Host NAIC Meeting March 13-16
Mar 11 2004 // New York’s Superintendent of Insurance Gregory V. Serio announced that New York City will host the 2004 Spring National Meeting of the National Association of Insurance Commissioners (NAIC) from March...
NYSID Announces 100-Count Auto Fraud Indictment
Mar 10 2004 // New York’s Superintendent of Insurance Gregory V. Serio and Attorney General Eliot Spitzer aren’t resting on last year’s achievements in fighting fraud (See IJ Website Mar.9). Yesterday they announced the...
NYSID Selects Top 10 ‘Rotten Apples’ in 2003 Fraud Review
Mar 9 2004 // New York’s Superintendent of Insurance Gregory V. Serio announced the his Department’s “Top 10” list of the worst insurance fraud cases in the state for 2003. “This list of ‘Rotten...
Tort Reformers Look to Score in States after Washington Strikes Out
Mar 8 2004 // Last fall at a University of Virginia Law School forum on tort reform, some of the nation’s top tort experts agreed there were no easy answers on how to solve the nation’s longstanding love-hate relationship...
N.Y. Pizza Shop Owner Faces Workers Comp Fraud Charges
Mar 8 2004 // New York’s Superintendent of Insurance Gregory V. Serio announced that the owner of Village Pizza & Burger, located at 156 North Main Street in Spring Valley, N.Y., has been arrested and charged with insurance...
Willis Reorganizes Board, Adopts Guidelines
Mar 5 2004 // Global insurance broker Willis Group Holdings Limited announced significant changes to its Board of Directors as well as the adoption of new corporate governance guidelines. Three directors associated with Kohlberg,...