Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
AIA Tells NY Senate Sound Science Needed on Mold
May 30 2002 // Eric Goldberg, American Insurance Association (AIA) assistant general counsel, appearing at a hearing held by the New York State Senate’s Health and Environmental Conservation Committees, stated that consumers,...
NAMIC Calls on NY Legislators to Reform No-Fault Auto Laws
May 24 2002 // The National Association of Mutual Insurance Companies (NAMIC) added its weight to the growing demand for reform of New York’s Personal Injury Protection or “no-fault” auto insurance laws. Roger...
NY Fraud Investigators Charge 12 in Stolen Car Insurance Scam
May 24 2002 // Twelve persons have been arrested in a sting operation in Queens, charged with falsely reporting that their vehicles had been stolen and collecting the insurance proceeds, totaling around half a million dollars. The...
NYSID Focus on Insurance During Hurricane Awareness Week
May 22 2002 // While it might be a more urgent priority in Florida or Texas rather than New York, hurricanes and tropical storms can nonetheless cause extensive damage all along the eastern seaboard. It’s not surprising therefore...
NY Judge Orders Prison for WTC Fraud
May 13 2002 // U.S. District Judge Mary Ann Vial Lemmon ordered Jihad Razzaq, a 35-year old illegal immigrant from Palestine, to serve 15 months in federal prison for making a false claim to the New York Life Insurance Co. that his wife...
Terrorism Insurance Still on Front Burner for Insurers, Lawmakers
May 13 2002 // Amid heavy lobbying on the part of financial lenders, insurers, real estate executives and even President Bush, the Democrats and Republicans in the Senate seem to have come to agreement that there is need for some kind of...
IBANY Elects Officers for 2002-03
May 3 2002 // The Insurance Brokers’ Association of the State of New York (IBANY) announced that it recently elected officers for its 2002-2003 administration during the association’s spring board meeting. Dick Impastato of...
Calls Being Made for Safe Driving Practices
Apr 29 2002 // The fundamental question is, does irresponsible use of cell phones while driving cause more accidents? Nicole Mahrt, American Insurance Association director of public affairs (western region), says that her association...
Insurers Expected to Pay $15 Billion to Clean Up, Rebuild NYC
Apr 26 2002 // According to a new study released by the Federal Reserve bank of New York, cleaning up and rebuilding downtown Manhattan is expected to cost up to $29 billion, at least $6 billion less than had been estimated earlier. As...
NY Man Arrested for Disability Fraud
Apr 23 2002 // The NYSID announced the arrest of Joseph Patelunas, 32, of Elmira, New York, on charges of insurance fraud. He is accused of collecting no-fault benefits for a disability when in fact he was not disabled, and of falsifying...
Serio Names Peter J. Molinaro, Louis W. Pietroluongo to NYSID Posts
Apr 18 2002 // New York’s Superintendent of Insurance, Gregory V. Serio, announced that he has named Peter J. Molinaro as Senior Deputy Superintendent of Insurance and Louis W. Pietroluongo as First Deputy Superintendent of the...
NY Contractors Finding Coverage Hard to Obtain
Apr 17 2002 // A report by David Dickson, VP of the Professional Insurance Agents of New York, finds that the state’s contractors are finding it increasingly hard to obtain insurance coverage, even paying higher premiums. Dickson,...
Two NY Doctors Plead Guity to Insurance Fraud
Apr 12 2002 // Two New York doctors, charged as part of a fraud ring last December, have pleaded guilty to “felony insurance fraud charges admitting to fraudulently embellishing and falsifying their reports of the examinations of...
Funeral Services Held for Neil D. Levin – Former NYSID Superintendent Headed Port Authority
Apr 11 2002 // New York Governor George Pataki’s office announced that private funeral services were held Sunday for Neil D. Levin, who headed the Port Authority of New York and New Jersey prior to his death in the collapse of the...
Suspicious Lightning Strikes Lead to Arrest of NY Man for Fraud
Apr 10 2002 // William Kress, 50, of Hamlin, New York, has been arrested on charges of insurance fraud, following an investigation by the NYSID’s Frauds Bureau and State Farm’s Special Investigation Unit. According to the...
NY’s Serio Sees Federal Auto Fraud Bill as Supporting State Efforts
Apr 9 2002 // New York’s Superintendent of Insurance Gregory V. Serio applauded Senator Schumer (D-NY) for his proposals on “federal legislation to help curb auto insurance fraud,” and urged him to focus on the...
NY Court Lifts Stay on Applying Reg 68 Rules
Apr 8 2002 // The decision by New York’s Appellate court to lift a stay of execution on the application of Regulation 68, imposed last February, clears the way for the immediate implementation of the new rules. NY Insurance...
NYSID Approves 19.5% Rise in Assigned Risk Plan
Apr 1 2002 // New York State Insurance Department Superintendent Gregory V. Serio revealed a series of changes in the New York Automobile Insurance Plan, the assigned risk insurer of last resort, raising rates by 19.5 percent, and...
NY Agent/Broker Associations Join to Fight Auto Fraud
Mar 27 2002 // Four leading New York agent and broker trade groups have joined forces to combat “rampant fraud” in the state’s no-fault automobile claims procedures. The Professional Insurance Agents of New York, Inc....
NY, NJ, Conn. Med Mal Premium Costs on the Rise
Mar 27 2002 // Pennsylvania isn’t the only Eastern State to experience precipitate increases in the cost of medical malpractice insurance. A report in the New York Times reveals premium increases of between 10 and 40 percent in...
