Latest New York Headlines

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

Lord Levene Stresses Insurers’ Economic Role in Speech to NY RIMS

Oct 27 2003 // Speaking to the New York Risk Insurance Management Society on Friday, Lloyd’s Chairman, Lord Peter Levene, stressed the role insurance plays in business, calling it “the oil in the engine of the economy,...

PIANY Welcomes New Producer Licensing Law

Oct 27 2003 // After announcing plans to inform its members how to implement NY’s new Producer Licensing Act, (See IJ Website Oct. 24) the Professional Insurance Agents of New York State Inc. has issued a bulletin praising the...

PIANY Prepares Advice as Governor Signs Producer Licensing Bill

Oct 24 2003 // The Professional Insurance Agents of New York is preparing an in-depth guide for members to explain the changes made by the state’s new producer licensing bill, S.5729, which was signed into law by the Governor on...

N.Y. Assembly Credit Scoring Panel Hears Views of PIANY, Alliance, AIA

Oct 23 2003 // New York legislators yesterday heard T.J. Derella, President of the Professional Insurance Agents of New York State Inc.; Richard Stokes, Northeast Regional Manager of the Alliance of American Insurers, and David Snyder,...

N.Y. Court of Appeal Rejects Reg 68 Challenge, Praised as Victory Against Fraud

Oct 22 2003 // The New York Court of Appeals has unanimously upheld the state Insurance Department’s right to implement the reforms contained in Regulation 68, which would require notice of a “no-fault” claim to be...

New York Holds Hearings on Credit Scoring

Oct 22 2003 // The New York State Assembly Standing Committee on Insurance and the Assembly Puerto Rican/Hispanic Task Force is currently holding hearings on the use of personal credit information and credit scoring by the insurance...

NYSID Licenses Omnicom Group’s Haversine Insurance as 11th Captive

Oct 22 2003 // New York’s Superintendent of Insurance Gregory V. Serio announced that the State Insurance Department has licensed the Haversine Insurance Company as a captive insurance company, insuring the risks of Omnicom Group...

PIWA Celebrates 25th Anniversary

Oct 22 2003 // The Professional Insurance Wholesalers Association of New York State Inc. announced that it will celebrate its 25-year anniversary at its annual convention, Nov. 5 – 6 at the New York Marriott in Brooklyn. “The...

Former A&A CEO Traces the Roots of Insurance in New Book

Oct 20 2003 // ormer Alexander & Alexander CEO John A. Bogardus recently released his comprehensive history of the insurance marketplace entitled Spreading the Risks, Insuring the American Experience (ISBN# 1-889274-16X). The...

Former A&A CEO Traces the Roots of Insurance in New Book

Oct 20 2003 // Former Alexander & Alexander CEO John A. Bogardus recently released his comprehensive history of the insurance marketplace entitled Spreading the Risks, Insuring the American Experience (ISBN# 1-889274-16X). The...

NAII Hears N.Y. Sen. Seward Cite Fraud as Cause for Auto Premium Increases

Oct 17 2003 // In an address at the National Association of Independent Insurers Fall Legislative Meeting, Sen. James L. Seward, chairman of the Senate Standing Committee on Insurance, stressed the need for serious fraud reform in New...

CIBGNY Names Peter T. Demetriou “Man of the Year”

Oct 17 2003 // The Council of Insurance Brokers of Greater New York will present the 2003 “Man of the Year” award to Peter T. Demetriou, president of The Demetriou Group, at its 26th annual dinner dance, scheduled for Friday,...

Alliance Lauds N.Y., Fla. Action on Modernizing State Producer Laws; More is Needed

Oct 15 2003 // The Alliance of American Insurers has issued a bulletin which praised recent efforts in New York and Florida to modernize producer licensing laws, but it also called for other states to follow suit. Alliance VP for...

WTC Claims War of Words Continues as Governor Seeks Settlement

Oct 13 2003 // Despite the earnest efforts of New York’s governor George Pataki to find a quick solution to the dispute between Silverstein Properties and Swiss Re over the amount to be paid for the destruction of the World Trade...

NYSID Reviews N.H. Terrorist Coverage

Oct 13 2003 // New York’s Superintendent of Insurance Gregory Serio announced that a review of terrorism coverages offered by New Hampshire Insurance Company to brownstone property owners has resulted in an agreement with the...

PIANY and NYIA Hold CEO/Agency Conference

Oct 10 2003 // The Professional Insurance Agents of New York State Inc.’s inaugural Hudson Valley Regional Awareness Program, gave industry experts a chance to take part in the eighth annual CEO/Agency conference, sponsored by the...

IBANY Retains Michael V. Barrett as New Legislative Representative

Oct 10 2003 // The Insurance Brokers Association of New York, which represents the interests of New York’s leading commercial insurance producers on both professional development and legislative and regulatory matters, announced...

Ala., N.M., N.Y. Associations Honored with McCord National Education Awards

Oct 6 2003 // Independent agent associations in Alabama, New Mexico and New York were recognized for their educational programs as the Independent Insurance Agents & Brokers of America (IIABA) recently presented each of them with a...

NYSID Announces Fraud Arrest of Brockport Agent

Oct 1 2003 // New York’s Superintendent of Insurance Gregory V. Serio announced the arrest of Lon T. Horton, 54, a licensed insurance agent and broker, and owner of Horton Insurance Services, located in Brockport, N.Y. on charges...

NYC Auto Fraud Bust Nets 51

Sep 30 2003 // Authorities announced the arrest of 51 individuals as part of the takedown of a no-fault insurance fraud ring in New York City last weekend. All are accused of taking part in a scheme that netted millions of dollars. The...