Latest New York Headlines

All the headlines from our New York Topic Page, ordered by recency.

N.Y. Arrests 12 for Workers’ Comp Fraud

Mar 2 2004 // New York’s Superintendent of Insurance Gregory V. Serio joined Queens District Attorney Richard A. Brown, NY State Insurance Fund Executive Director Kenneth Ross and NY State Workers’ Compensation Fraud...

IIABNY Survey Finds Most Northeast In-Home Businesses Vulnerable

Mar 1 2004 // A survey, conducted by the Independent Insurance Agents & Brokers of New York Inc, found that “tens of thousands of home-based businesses in New York and eight other Northeast states are needlessly at risk...

N.Y. Gov. Pataki Announces $4.3 Million in Grants to Combat Auto Theft and Fraud

Feb 26 2004 // Governor George E. Pataki has announced $4.3 million in grants to 27 programs to reduce motor vehicle theft and insurance fraud across New York State. The funding will be distributed to programs that provide law...

AIA Opposes N.Y. Workers’ Comp Bill

Feb 25 2004 // The American Insurance Association joined the PCI (See IJ Web site Feb. 24) in opposing legislation – Assembly Bill A. 9736 – under consideration in New York, indicating that the measure would further erode a...

PCI Says N.Y. Workers’ Comp Benefit Increases Must Be Balanced with Reform

Feb 24 2004 // The New York Assembly Labor Committee on Tuesday reviewed a bill to introduce workers’ compensation benefit increases that industry experts and the New York Workers’ Compensation Rating Board reportedly fear...

NEW YORK EYES MUNICIPAL REFORMS:

Feb 23 2004 // The New York Senate says its municipal liability reform package (S. 2944, S.5395) would save local governments across New York State $1 billion dollars by limiting judicial awards which proponents claims have spiraled out...

NEW YORKERS IGNORE PHONE BAN:

Feb 23 2004 // New York drivers hung up their cell phones for a while when the state banned them three years ago but are back to using hand-held models at nearly the same rate they were before the ban, a study shows. The Insurance...

Connecticut: More Than the Constitution and Nutmeg

Feb 23 2004 // The United States Census Bureau’s Census 2000 estimated the population of the State of Connecticut at 3,405,565. Approximately 84 percent of the adult residents had graduated from high school and about 31 percent had...

Terrorism Insurance … We Can’t Risk Sitting On the Sidelines

Feb 23 2004 // Some have viewed this law as a bailout of a failed insurance industry; we believe just the opposite is true. When Congress passed the Terrorism Risk Insurance Act (TRIA) in 2002, some heralded the act as a panacea for...

N.Y. Arrests Man for Phony WC Certs.

Feb 23 2004 // New York State Fraud investigators announced the arrest of Lon T. Horton on 43 counts of issuing fraudulent certificates of insurance, two counts of insurance fraud, four counts of petit larceny and one count of falsifying...

Industry Must Sell More to Succeed, Stresses Willis’ Plumeri

Feb 23 2004 // Those who worry about outsiders taking over the insurance industry should be reassured when they witness not only Joseph Plumeri’s success but also his passion for the industry. Less than four years ago, Plumeri came...

Industry Must Sell More to Succeed, Stresses Willis’ Plumeri

Feb 23 2004 // Those who worry about outsiders taking over the insurance industry should be reassured when they witness not only Joseph Plumeri’s success but also his passion for the industry. Less than four years ago, Plumeri came...

Industry Must Sell More to Succeed, Stresses Willis’ Plumeri

Feb 23 2004 // Those who worry about outsiders taking over the insurance industry should be reassured when they witness not only Joseph Plumeri’s success but also his passion for the industry. Less than four years ago, Plumeri came...

SIAA Notes Purchase of N.Y. Agency by Treiber Group

Feb 20 2004 // The Strategic Independent Agents Alliance, the largest network of partnering independent insurance agencies in the U.S., announced that The Treiber Group, LLC of Garden City, N.Y. has purchased Insurance Agents Alliance of...

N.Y. Online Renewal Application Details

Feb 18 2004 // The New York State Department of Insurance announced that its on line license renewal application forms for Individual/TBA Property & Casualty agents is fully operative. Agents may now renew their 2004- 2006 licenses...

Prison for N.Y. Man Who Pled Guilty to Arson Attempt

Feb 16 2004 // New York’s Superintendent of Insurance Gregory V. Serio announced that an Auburn businessman, Francis Rikhoff, who pled guilty to an attempted arson in order to collect insurance monies for TNY Car Toyz, a store he...

Group Urges Calif., N.Y. Regulators to Probe Broker Practices

Feb 11 2004 // A conservative legal group has called for insurance regulators and attorneys general in California and New York to investigate conflicts of interest they say are caused by placement service agreements (PSAs) and the...

N.Y. Senate Hears Testimony on No-fault Frauds

Feb 11 2004 // The New York Senate’s Standing Committee on Insurance, heard from a number of interested parties, including various industry groups, regarding growing concerns about insurance fraud, particularly staged accidents,...

Chubb Establishes New Marine Operation

Feb 10 2004 // Chubb announced that it has established Chubb Marine Underwriters within its commercial insurance operation to provide marine products and services to the global insurance market. The new unit, headquartered in New York...

PCI Questions N.Y. Wrongful Death Bill

Feb 10 2004 // The Property Casualty Insurers Association of America has issued a statement warning that a New York Senate bill could increase damages in wrongful death cases and would be a radical departure from current law that could...