Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Frontier Pacific Conserved Due to Findings of Insolvency
Sep 24 2001 // The struggles continue for Frontier Insurance Company Inc., which reached an agreement in August with the New York State Insurance Department to enter into voluntary rehabilitation. Its wholly owned subsidiary, San...
How To Help: Who’s Doing What in the Insurance Industry
Sep 24 2001 // America has witnessed an outpouring of emotion and a desire to help after the tragic events of Sept. 11. Following is a list of national facilities and some of the efforts made by insurance organizations to assist in the...
True Loss from Sept. 11 Terrorist Attacks on U.S. is Immeasurable, As Estimates of Potential Insured
Sep 24 2001 // “The World Trade Center is a living symbol of man’s dedication to world peace, his belief in cooperation of men and, through cooperation, his ability to find greatness.” —Minoru Yamasaki (1912-1987),...
IIAA Establishes Industry Disaster Resource Website
Sep 21 2001 // The Independent Insurance Agents of America’s (IIAA) Virtual University has established an insurance industry resource page to explain the insurance implications of the recent tragedies in New York and Washington...
Workers’ Comp Insurers to Play Integral Role in Tragedy’s Aftermath
Sep 19 2001 // As the heroic rescue and recovery efforts in the wake of the Sept. 11 terrorist attacks continue, workers’ compensation insurers will have an important role in repairing the economic damage resulting from the...
Aon Provides Update to Clients and Stockholders
Sep 19 2001 // Aon Corp. recently issued the following statement to its clients and stockholders from Chairman and CEO Patrick G. Ryan: “The shocking events of last Tuesday have had a dramatic impact on the world. Our primary focus...
St. Paul Re’s New York Operations Continue from Morristown, N.J.
Sep 18 2001 // The New York City operations of the reinsurer St. Paul Re — based at 195 Broadway, one block from the World Trade Center, and evacuated in the events of Sept. 11 — are continuing from the company’s...
Insurance Vital to Rebuilding New York Says III
Sep 17 2001 // In a written statement Insurance Information Institute head Gordon Stewart called insurance “vital to society,” and indicated that “without insurance, it would be impossible to recover from this disaster....
Displaced NY Companies Search for Office Space
Sep 17 2001 // Tuesday’s tragedy wiped out 20 percent of downtown New York’s Office space, and an even larger number of technologically sophisticated facilities, leaving displaced companies scrambling to find temporary...
Seabury Smith Employees in New York Safe
Sep 17 2001 // Des Moines-based Seabury & Smith, a program management firm, and parent company Marsh Inc., which bought the West Des Moines-based Kirke-Van Orsdel Inc., confirmed the safety of 500 employees Tuesday, including most...
IIAA, New York Association Establish America’s Survivor Relief Fund
Sep 17 2001 // The Independent Insurance Agents of America (IIAA) and the Independent Insurance Agents Association of New York (IIAANY) have established a relief fund to benefit victims and surviving family members of individuals who...
Terrorist Attack Paralyzes Economy; Insurers Face Largest Catastrophe Ever
Sep 17 2001 // The coordinated terrorist attacks in New York’s lower Manhattan and Washington, D.C., last week targeted indisputable symbols of American prestige and military power: the World Trade Center and the Pentagon. The...
Collection at Conference & Expo 2001 for Victims of Terrorist Attack
Sep 14 2001 // In light of the horrendous tragedy in New York, the American Agents Alliance will be taking a collection at Conference & Expo 2001 to benefit victims and their loved ones. This collection will be taken on Sunday,...
Officials Begin to Assess the Damage as Smoke Clears, Casualties Mount
Sep 13 2001 // Now that the initial damage has been done, city officials have begun the grim task of removing bodies from both towers of the World Trade Center and the Pentagon. While there have been a few stories of survivors being...
Majority of Aon Employees Safe, Company Reports
Sep 13 2001 // “The vast majority of our 1,100 employees who worked in the World Trade Center have been reported as safe,” Stephen Ban, senior vice president of marketing/communications in Chicago, told Insurance Journal....
RLI Expects Limited Losses, Is Fully Operational
Sep 13 2001 // RLI Corp. executives said that the company does not expect a significant number of insurance claims from Tuesday’s attacks in New York City and Washington, D.C. The company has a limited number of risks in these...
NY Reg 68 Auto Insurance Reforms Stay Blocked
Sep 11 2001 // An Appellate Court in New York has blocked the implementation of the automobile insurance reforms contained in Regulation 68, which were due to go into force on September 1.(See IJ Website Sept. 5) Justice Peter Tom...
Insurance Stocks Pummeled in International Trade, NYSE Will Not Resume Trade Wednesday September 11
Sep 11 2001 // The New York Stock Exchange indicated that it would not resume trade on Wednesday. Reuters reported that U.S. stock markets had been shut down in the wake of terrorist attacks on New York’s World Trade Center and the...
RLI Corp. World Trade Center Office Closed
Sep 11 2001 // RLI Corp.’s New York City office, housed in the North Tower of the World Trade Center, has closed due to this morning’s damage to that building. All RLI personnel operating from that office have been accounted...
Terrorist Acts Strike New York and Washington
Sep 11 2001 // Terrorists crashed two hijacked planes into the World Trade Center this morning, causing countless deaths and untold damage as the twin 110-story towers collapsed. The crashes occurred minutes apart just before 9 a.m., and...
